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this post was submitted on 03 Feb 2025
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This has very much the feeling of ‘they need us more than we need them’
I’m in the UK and some people voted for Brexit saying the same. Look how that turned out for us over the last five years.
I know this is sidetracking a bit, but i just wanted the chance to ask somebody who is actually from Great Britain, how is it there.? Without having to look for information online that could be propaganda as we don't really know which information source is reliable or not. How are you guys holding up?
Bit chilly today, otherwise fine.
Imports and exports have largely been the same before and after Brexit, with a dip as people figured out the bureaucratic mountains of paperwork involved that wasn't needed before.
Source: https://researchbriefings.files.parliament.uk/documents/CBP-7851/CBP-7851.pdf
Section 3 for the graphs.
I dare say we've lost a lot of influence across Europe over it. We didn't get any of the supposed "benefits", but trade didn't just drop off a cliff either. For all the bluster over the hardness of the Brexit we'd like, it mostly seems to be business as usual.
That's not the universal view within the government, the OBR has estimated that imports/exports of goods and services are 15% lower than had the UK stayed in the EU although some research goes as high as 30% and some as low as 6%
Yeah, we're likely down a few percent of growth each year. Over time the compound interest on that may end up adding up to a lot.
Still at least we didn't stick a shit load of tariffs on it out of sheer spite.