Spyke
economics·EconomicsbyMicroWave

Brexit Britain has 'significantly underperformed' other advanced economies, Goldman Sachs says

  • The U.K. economy is worse off today than before Brexit, according to new analysis from Goldman Sachs.
  • Britain’s decision to leave the European Union has hampered the economy to the tune of 5% versus other comparable countries, the estimates showed.
  • The Wall Street bank attributed the shortfall to three key factors: reduced trade; weaker business investment; and lower immigration from the EU.
Brexit Britain has 'significantly underperformed' other advanced economies, Goldman Sachs sayshttps://www.cnbc.com/2024/02/14/brexit-has-sliced-5percent-off-uk-economic-growth-goldman-sachs-says.htmlOpen linkView original on lemmy.world
Draghettareply
lemmy.world

I don’t get people who react like you do.

Are you angry about brexit? Do you want to undo it? The first step is talking about it, admitting what a failure it was. Then we can build a sentiment for rejoining. As long as admitting failure is frowned upon - even by those who didn’t want to leave, ready to ridicule those who did - there can be no moving on.

Why do you think rejoin hasn’t happened yet, if not for a sense of pride?

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The responsible men still walk the earth - you still have the opportunity to hold them to account.

Preferably by reintroducing the use of the pillory.

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Brexit Britain has 'significantly underperformed' other advanced economies, Goldman Sachs says | Spyke