4 ms·
As a non-british who has had a great deal of experiences in Britain, I say you will likely still be ok. I think there is a lot of 'good riddance' feelings in t
by DoingIsLearning 6y ago
As a non-british who has had a great deal of experiences in Britain, I say you will likely still be ok.
I think there is a lot of 'good riddance' feelings in the EU population towards the UK right now but that is mostly driven by the way the media creates this black and white, us vs them divisive messages, none of which has any basis in reality.
The UK had for many years served as the ironclad under which more budget conservative countries protected themselves in EU negotiations. The UK got all the hate and the stereotype of the 'difficult' person in the room and all the other countries got there defensive stand preserved.
With the UK now leaving it's likely that the Netherlands or the 'New Hanseatic league' will probably fill the role of the 'difficult' person in the room.
Irrespective of all the sanguine media, the UK still has a great deal of positive points that make it attractive for businesses when compared with other EU countries:
- Flexible Labour law (e.g. France would be a counter-example)
- Functioning/Expedient Legal system
- Competitive tax framework
- Access to VC levels of funding for startups mostly biased towards London, but still
- The volume of funding available for University research and spin-offs (when comparing with other EU countries)
- Network effects with the US.
- An internal 60mil people consumer market, with a fairly high median disposable income (specially when compared with the EU27 median) and credit-friendly.
The EU project has a lot of ideals and visions sliding along a spectrum. There should never be a situation where if you do not agree with me than you are against me, that is reductionist and will never work in a EU wide project with some many heterogenous countries and cultures. In my opinion we cannot artificially accelerate what is likely a multi-generational mind shift (slow creep towards an EU federation) with process-driven reforms.
If I dare making a prediction I don't think the UK will be in a scenario of having to ration insuline medication or riots in the street as some describe, I also don't think the UK will be business as usual as some conservatives describe. It will mostly likely be somewhere in between because as with most things in reality this situation is nuanced and complex.
- osobo 6y agoWell, it's no so much 'good riddance' (we really want you to stay) as we're all glad the awkward political tug of war is over and we all know where we stand. Even if it isn't where we would have liked to, at least we can try and move on. As for the UK: A large part of their economy is based on a service industry, compounded by being the traditional gateway between the US and Europe. The rise of China, the stumbling of the US, the isolationist movement of the UK, draconian internet legislature and the EU being forced to pull together by Covid19 all undermine this classic business hub model.
- pjc50 6y ago> I don't think the UK will be in a scenario of having to ration insuline medication or riots in the street as some describe UK seems very riot-resistant, I guess we have to see what the wreckage of the economy looks like after Covid. The best prediction I've heard was that we'll simply forget that the UK used to be a richer country than Ireland. Although that may be driven into sharper relief by a border poll ...
- zpeti 6y agoWow, a nuanced argument about Brexit? Have an upvote. Very refreshing. There are so many aspects to this whole thing, and due to the media being very one sided a lot of the nuance of the leave side are completely unknown to most people, as can be seen in this thread.
- madaxe_again 6y agoWhat nuance? There is only one brexit happening, a very hard brexit, and its apparently what you knew you were voting for. Or are you from a different reality? As to “the liberal remainer mainstream media” - gtfo. What do you watch, one america news network? And yes - there are leavers from many backgrounds - but when you lend your support to a fascist project and ideology, you are a fascist, and that’s kinda the end of it.
- bkor 6y ago> Flexible Labour law (e.g. France would be a counter-example) That's only nice on short term. Easily being able to fire people is fun, until there's too much of a difference between top and low earning. Eventually it'll just lead to huge problems. You avoid loads of issues by ensuring there's not a gigantic difference between top earners and low earners. E.g. it should NOT be ok that people work multiple jobs, or can barely scrape by. IMO less inequality will eventually be better for a country; tax income could be higher, more influence as result. Similarly, if people think they have no good future, why follow things like do no crime. See e.g. https://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2016/12/31/Causes-and-Consequences-of-Income-Inequality-A-Global-Perspective-42986 https://www.imf.org/en/Publications/Staff-Discussion-Notes/I... (income increases on bottom 20% of earners result in GDP growth): > This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class.
- Dormeno 6y ago> Competitive tax framework I genuinely hope we can get rid of VAT once we leave the EU as it won't be mandated anymore, but that's wishful thinking on my part. We're probably too dependent on it now. :(