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Originally Posted by ianch99
Y The law of [Trade] Gravity meant, and still means, that there will never be an economic upside in the next decade+
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Barring any huge technological leaps, the trade law of gravity will always exist. It's managed to exist even with the advent of the Internet and the fall of the Iron Curtain.
The very fact that trade-weighted sterling fell sharply after the EU referendum in 2016 and, despite recovering from its trough later that year, remains 8% below the levels before the vote in June 2016 speaks to the trade law of gravity.
Quote:
Originally Posted by papa smurf
Agreed the EU hate democracy
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Except for the fact that Farage successfully become an MEP and not an MP as our electoral system favours a duopoly - once upon a time, Liberals and Conservatives, now Labour and Conservatives.
Quote:
Originally Posted by ianch99
You cannot make a success of such abject failure unless you are in the cult of the true believers. Mitigation & damage limitation are the only realistic hopes. Just "believing" ain't going to cut it.
You can forget the UK re-joining the EU or Single Market in the next decade+. Too many bridges have been burned and our international credibility is shot at the moment.
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Our international credibility is patchy - weaker in terms of our relationship with our near neighbours and largest trading bloc but stronger with regard to our efforts in Ukraine and parts of the Commonwealth.