- cross-posted to:
- [email protected]
- [email protected]
- economics
- cross-posted to:
- [email protected]
- [email protected]
- economics
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.
Yes! I really tried to explain this to people. One guy I saw on the news said he was voting Brexit to “get the Muslims out,” apparently completely unaware of how batshit insane it is to leave the European Union to reduce the number of non European people in Britain.
Yeah it fucking sucks. I left before the official Brexit date, in a year or two I will hopefully have an EU citizenship again. Most of my friends couldn’t have really done that so easily