Summary

Five years after Brexit, its promises of sovereignty, economic gains, and reduced migration remain unfulfilled. While Brexit offers regulatory flexibility, its overall impacts are largely negative.

The UK economy has suffered a £100bn annual output loss, with GDP 4% smaller than it would have been without Brexit.

Trade barriers have reduced exports, particularly to the EU, with small businesses and sectors like agriculture and fishing hit hardest.

Migration has surged to record levels, but net EU migration has turned negative.

Public dissatisfaction is high, with 59% believing Brexit has gone poorly.

  • @orclev
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    232 days ago

    Everyone with an IQ over room temperature knew leaving the EU was a losing move for everyone but the oligarchs looking to snap up businesses for cheap. They’re intentionally driving the UK economy into the ground so they can snap everything up in a fire sale knowing that their wealth is safely protected in foreign investments. They’re trying the same playbook over in the US now. Trump will tank the US economy (not to mention gut the anti-monopoly regulations) and then the megacorps will start gobbling.

    Has Brexit cost them anything politically? Or is it still the exact same bullshit as before Brexit happened? Sure seems like nothing has changed.

    • @[email protected]
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      41 day ago

      The AfD in Germany, currently propped up by Musk in the form of Alice Weidel, whose modus operandi is demagoguery wants the Brexit analogue Dexit. She was granted a 15 minute interview by bloomberg a few days ago. Basically every statement was a blantant lie. She proposed free trade regulatories for Germany without being in the EU. Every statement of hers was a lie. And she was frenetically endorsed by EU/German politics oblivious US MAGA heads and Nazis in the comments. All of her proposals would bring Germany and with it possibly huge parts of Europe to its knees and open the door widely for russian interference. I wrote a 6000 character fact-check under the video and garnered 3300 likes for it in one day. Yesterday it was deleted. It was a good run but I think Europe is damned. I partially blame covid brain rot for it.

      • @Valmond
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        111 hours ago

        Don’t forget the kremlin.

        • @[email protected]
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          28 hours ago

          Kremlin propaganda fell on frugal soil here in Germany. Especially the former GDR. I’d wager most liberals/lefts/social-democrats and even conservatives are pro-Ukraine here. And I’d wager that it’s most of them. I still have hope Musks endeavours can’t break the mental firewalls against fascism German education has tried to build in the heads of people, though it’s definitely broken even in West-Germany.

    • Snot Flickerman
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      112 days ago

      We really do live in a post-truth era. Zizek was right when Snowden dropped his docs. He said based on the response to the Iraq War torture leaks, he didn’t expect anything to change. That big disclosures mean basically nothing now. God damn it he was so fucking right.

      • @[email protected]
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        38 hours ago

        People remember Chelsea Manning not for exposing war crimes, but for the crime of being trans. Checks out.