Umair Haque on Brexit

see linked article by Umair Haque (!w2), archived*

Britain is the only country in the world, possibly in history, dumb enough to impose sanctions on itself. That is what Brexit economically amounts to. Trade with Europe falling by half means, in practical terms, that the British economy is shrinking as if it’s had a heart attack. Europe is obviously Britain’s largest trading partner. And now Brits are simply going without goods and services in huge quantities — things they’re accustomed to buying from Europe, being on the shelves, being able to obtain without thinking about it. Brexit is Britain being horrifically stupid enough to sanction itself, and just like any case of sanctions, it’s the average person who’s going to be hit hardest.*


20210322T0901−07*

*a link; see a note on notes and links; see also a disclaimer / … and maybe browse or search the post archive*

views