This leaves Britain as a rare modern case study: a rich country that deliberately raised barriers to trade and cooperation and paid the price.

I’m not convinced yet. Please, would another country with an even bigger GDP deliberately raise barriers to trade and cooperation?

Farage and similar colleagues will no doubt maintain that this is all down to a few impoverished people on boats. Indeed, he's looking to weaken equality right. So clearly, it was the UK women too.

For a decade, Brexit’s defenders have insisted the warnings were exaggerated and the pain temporary. The latest evidence shows the opposite. Brexit hasn’t been a one-off hit followed by recovery – it has quietly, relentlessly drained the UK economy year after year.

The headline numbers are brutal. UK GDP is now 6–8 per cent smaller than it would have been by 2025 – worse than forecast, not better. That is a permanent loss of national income, not a blip.

Investment has collapsed. UK business investment is 18 per cent lower than in comparable economies, as firms put money on hold or moved it elsewhere. Employment and productivity are both around 4 per cent lower, locking in weaker wage growth and lower living standards.

And as a consequence, people will elect Reform at the next general election.

It is also a flashing red warning to any country flirting with economic nationalism, trade wars or the fantasy that sovereignty can replace integration.

I don't think any other country would be so stu-... Oh, wait a second.

I am shocked about how accurate my prediction was back before the election, I predicted that UK would lose about 1% per year over many years, if they voted Brexit.
And here we are now 10 years after the vote, and 8 years after Brexit was effectuated, and the relative decline to non Brexit is estimated at 6-8%.

If UK doesn't manage a free trade agreement with EU, I suspect this will continue for another decade, possibly at a slightly lower rate.

If UK does manage to get a good deal with EU, things will return to almost normal, but the investments that were lost this past decade will remain lost. So UK will continue from the lower level they are at now.

Quiet, you

Hold my bear...
-Trump

Cambridge Analytica comes for us all.

Canada! Run for it!

Why aren't the pro-brexit people being shamed? Stripped of their wealth and made to spend the rest of their miserable lives doing community service?

Yup. Cause if policy born of nationalism and bigotry couldn't solve our problems the first time around, surely we just weren't using enough of it. /s

It's easier to blame immigrants and people on benefits for the problems in the economy, than realise the real problem is the leaches at the top sucking away every spare penny the working class makes.

The landlords, the executives, the millionaires, the billionaires - where do people think their money comes from?

Everything costs more, but not because it actually costs more to make - but because the profits must always go up to fuel the hoards of the wealthy.

The problem with the pro-Brexit crowd is that they'll never admit fault. The reason Brexit isn't a huge success is down to their own personal vision of Brexit not being implemented, not because the idea was fucking delusional to begin with.

I guess because most of them have taken their cash and moved away (like this Dyson guy for example)

I wish he had a bear. It might maul him.

Who are you going to tell it to, the people who were already stupid enough to yeet themselves out of the EU ?

Because the pro-brexit people run the propaganda machines.

why is there no concerted pushback against the propaganda?

Excellent, keep going. Almost there!

uh, because it was a referendum of the people and 17 million xenophobic idiots voted for it.

Trump can't spell, I totally didn't make a typo!

A man who stands by his typos is worthy of my friendship.

Why are landlords so hated? Renting isn't always a bad option.

Because they symbolize the privatization of a basic human right. Because rent is a "poor peoples tax" - and most people are poor, all things considered. You get the gist.
Also: For most people, renting isn't an option - it's the only option.

Most folks I talk to have at least one bad landlord experience.

But the rich are getting richer, and that was the plan all along!

Didn't they try to make him hold an eagle, once?

Yeah, if its the only option then it's bad, but the convenience isn't too be underestimated.
I rented when I was in Uni, didn't even consider buying at that point. Didn't want to commit that much money to a city i didn't know if I wanted to live in.

Most people have at least one bad experience of anything tbf.

And everyone with half a brain cell has been warning of exactly this since when this Brexit madness started.

We should try again just to be sure

You accidentally spelled "this twat guy..." wrong ;-)

FFS, one of my favourite sketches perfectly sums up the Brexiteers.

I've been referring to supporters of such things as "having 2 brain cells fighting for 3rd place", I may have overestimated.

Yeah, but a bunch of extremely rich people made a lot of money.

He stared at the sun during the eclipse.

Brexit was organic from Boomers in pubs with their anti European jingoism. They thoroughly fucked anyone under 40.

If UK doesn’t manage a free trade agreement with EU

The UK has an FTA with the EU, the TCA. It was negotiated as part of Brexit.

https://en.wikipedia.org/wiki/EU–UK_Trade_and_Cooperation_Agreement

The EU–UK Trade and Cooperation Agreement (TCA) is a free trade agreement signed on 30 December 2020, between the European Union (EU), the European Atomic Energy Community (Euratom), and the United Kingdom (UK). It provisionally applied[3][4] from 1 January 2021, when the Brexit transition period ended,[5] before formally entering into force on 1 May 2021, after the ratification processes on both sides were completed: the UK Parliament ratified on 30 December 2020;[6] the European Parliament and the Council of the European Union ratified in late April 2021.[2]

Who could have thought that separating yourself from one of the top 3 economies in the world would have negative consequences?

They have 2 brain cells

They're both thinking they shouldn't work harder than the other

One of them is an imaginary friend of the other

No they have a "trade agreement" not a FREE trade agreement with open borders like Norway and Switzerland.

Renting itself isn't a bad concept, but as @craipz@feddit.org it represents a tax on the poor.

Homes are becoming increasingly expensive and harder to buy in the first place, and it is no help when landlords are buying them to rent, or buying the land to build apartments on.

Its worth noting in some cities even renting is getting more difficult, as landlords pivot towards student accommodations - which they can charge a pretty penny per room for.

The modern landlord represents the rich very directly using their money to screw over the poor.

True, but also the dimwits who didn't vote at all only discovered their moral superiority the day AFTER the vote.

If UK does manage to get a good deal with EU, things will return to almost normal, but the investments that were lost this past decade will remain lost. So UK will continue from the lower level they are at now.

Don't worry, they won't. And if they do, it won't ever be as beneficial as their original EU membership was. Even a new EU membership won't come with all the exemptions and special privileges the old one had. Many things that were optional (or didn't yet exist) back when the UK originally joined the EU are now mandatory for new members. This is utterly unpalatable to UK politicians with their weird obsession about being the mighty empire of global Britain.

it's not renting that's being criticized here; it's specifically landlords.

renting is perfectly fine.

what is not fine, is that a public necessity is tied to a private individual or company that can charge whatever they want.

that last part is the problem.

vienna often gets cited as a notable example for large scale, affordable public housing projects, and while that is fair, the reason those are affordable, is because they are owned by the public, i.e. the city of vienna.

THAT'S how rent is supposed to work: for the people, by the people.

it's how a society gets affordable housing, not this price gouging nonsense that neoliberal politics has popularized...

maybe next time dont listen to russian propaganda.

What sketch is it?

I wish someone had given him gold plated binoculars.

Are you saying they should have stayed with EU?

Genuine question, asking to understand.