Elektrine lite

← Feed

@pennine@mastodonapp.uk

2026-10-13 14:01 UTC

#Brexit let's have some figures, based on The Economic Impact of Brexit NBER Working Paper No. 34459. By the end of 2025, the Brexit process had reduced UK GDP by 6% to 8%, a total disaster which, if the Brexiters had any shame at all should make them retire from public life immediately and retire to somewhere where they could never reek such damage again. Non-tariff barriers and customs checks reduced goods trade with the EU by 10% to 15%. Business investment fell by 12% to 18% below counterfactual projections. GDP Reduction: Independent modeling by economic institutions estimates a persistent 4% to 8% loss in economic size. Roughly 14% of small UK exporters stopped trading with the EU entirely due to administrative costs The UK has been crippled by Brexit, we can't allow this to continue. And yet Reform and the Tories still seem to cling to the absurd nationalism of #Bexit. Einstein called #nationalism "the measles of mankind", he was about right! #RejoinEU

Replies (0)

No replies.