Leaving the EU has reduced Britain’s GDP by up to 8pc, according to a devastating US study
The latest such assessment comes in the form of a paper from the US-based National Bureau of Economic Research (NBER). This concludes that Brexit has reduced UK GDP by 6pc to 8pc, far more than most previous estimates.
Investment is worse off by between 12pc and 18pc, employment by between 3pc and 4pc, and productivity also by between 3pc and 4pc. There have been few more devastating assessments than this.
People that would love every country to join the EU in harmony, do you not fear in the slightest a whole world government?
Do you not fear losing municipal sovereignty?
we are so far from a one world government that this is a very silly concern. Even if every country between the US, Russia and Egypt joined.
There are so many exceptions, exclusions, considerations that its not even equal to a one-European-Government.
The UK, while in the EU still rejected a lot of ideas/rules by not following them (as far as I’m aware).
I dunno if that’s something each country can do when it’s not a core principal they are denying. They probably got away with it just because they are a big economic force, they can do whatever they like.
A country being in the EU doesn’t change its local laws and stuff though, each can still have their own weird rules. I guess they can’t override EU rules though.
I know 0 about this tho so these are opinions basically ;(