All the catastrophic things that were predicted form Brexit didn’t really happen though
What is significantly worse, is the governing clases continuing the same pre-Brexit policies and deals post-Brexit, to nullify it.
that’s what I would conclude from “it exists but wasn’t taken seriously”
Here is an article that sampled various expert opinions:
“ This event will unleash the kind of uncertainty that Keynes had in mind when he said “we simply do not know” when referring to the likely effect of war. Such uncertainty can only be disruptive for financial markets. We will enter a new era of volatility that is likely to last until these difficult negotiations are completed.”
“it is more likely than not that we will witness political instability.”
“ Such market reactions could sharply contract economic activity, further depressing asset prices in a self-reinforcing cycle”
https://cepr.org/voxeu/columns/brexit-potential-financial-ca...
So I agree, the more extreme must have been amplified voices from the fringe, on places like Reddit.
We have had 5 Prime Ministers since 2019.
Some of the problems we are seeing are due to the pandemic and the war in Ukraine. But Brexit is the biggest factor by far. And 100% self-inflicted. It is the elephant in the room that the politicians can't even talk about it, as it's electoral poison.
- all the major corporations would leave and there would be no jobs - collapse of the pound - start of wars within the UK and potentially with EU
- UK - https://fred.stlouisfed.org/series/NYGDPPCAPKDGBR
- FR - https://fred.stlouisfed.org/series/NYGDPPCAPKDFRA
- IT - https://fred.stlouisfed.org/series/NYGDPPCAPKDITA
It would be somewhat unusual if they didn't all look similarish given the level of trade between them.
The UK government predicted a 2% reduction in growth over 15 years with a soft brexit compared to what it would have been otherwise, but seeing it on a graph may be difficult given those countries were also hurt by Brexit.