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> The UK has traditionally punched well above its weight economically How is its trade balance doing lately? Not so good. https://tradingeconomics.com/united-
by lazyjones 8y ago
> The UK has traditionally punched well above its weight economically
How is its trade balance doing lately? Not so good.
https://tradingeconomics.com/united-kingdom/balance-of-trade https://tradingeconomics.com/united-kingdom/balance-of-trade
> Being the banking capital of the EU is a huge contributing factor to that position, btw.
I'm not sure what economic indicators you are talking about. Certainly none that reflects the actual well-being of the population.
- freedomben 8y agoI generally support Brexit, but I'm guessing for reasons much different than yours (I always favor decentralization as a way of increasing the power of the average citizen relative to their government). Maybe we agree? The trade balance tho is not typically a good indicator of economic health, at least not how it's typically pitched: https://mises.org/wire/nonproblem-trade-deficit https://mises.org/wire/nonproblem-trade-deficit
- Symbiote 8y agoThe average British citizen will probably have less influence after Brexit, since the EU electoral system is actually reasonable. We'll be left with a first-past-the-post MP, and an unelected (sometimes hereditary!) House of Lords.
- pjc50 8y agoThe UK is one of Europe's most centralized states, and Brexit will make it more so - see Scottish government lawsuits.