Cost of Brexit to GDP will be more than our payments by the end of the year

[gasbanni]

Brexit has gone from providing immediate benefits to we need the EU to be dismantled before we see the benefits.

Obviously Brexit for you is something logic cannot account for.

More nonsense. Your going to look a real idiot within a few months.

 

[fillyboy]

More nonsense. Your going to look a real idiot within a few months.

That long?

 

[Munroast]

https://www.bloomberg.com/news/arti...n-and-counting-the-cost-of-brexit-for-the-u-k

Research by Bloomberg Economics estimates that the economic cost of Brexit has already hit 130 billion pounds ($170 billion), with a further 70 billion pounds set to be added by the end of this year. That’s based on the damage caused by the U.K. untethering from its Group of Seven peers over the past three years.

While growth globally has also cooled in recent years, the analysis by Bloomberg Economics shows the U.K. has still lagged. There is a strong historic correlation between the U.K. and G-7 countries. But they have been diverging since the vote to leave the EU, with the British economy now 3% smaller than it could have been had the relationship been maintained.

Figures from the House of Commons Library put the UK's total projected contribution to the EU budget from 1973 to 2020 at £215 billion after adjusting for inflation.

https://brexit.hypotheses.org/files/2017/01/Budget-et-contrib.pdf



Brexit Sunlit Uplands.

I think we all knew it would create lean times for a few years, it has never been about short term greed, but all about setting ourselves up for the future. The next generation will thank us.

 

[JohnD]

general election

Who voted for Zac Goldsmith?

 

[EFLImpudence]

I think we all knew it would create lean times for a few years, it has never been about short term greed, but all about setting ourselves up for the future.

Ah, that's a neat way out for whatever happens.

The next generation will thank us.

When?

 

[JohnD]

Forgive and forget Zac Goldsmith’s racist campaign?

Boris does

https://www.theguardian.com/commentisfree/2016/may/07/zac-goldsmith-racist-campaign-london

 

[Notch7]

I think we all knew it would create lean times for a few years, it has never been about short term greed, but all about setting ourselves up for the future. The next generation will thank us.

If you believe that, you dont understand the brexit destination.

The really big flaw in the brexit argument is their focus on leaving the negatives of the EU, but the brexit destination is where the problems lie.

 

[SirGalahad]

I think we all knew it would create lean times for a few years, it has never been about short term greed, but all about setting ourselves up for the future. The next generation will thank us.

So no specifics just more platitudes and now you admit you have left a mess for the next generation.

Selfish and myopic.