Now imagine you tell them that they’ll be a thousand pounds a year poorer for life, 10% of their after tax and mortgage income gone, just to enjoy the same living standards. Which message do you think is more likely to reach them?
That’s the only figure I may agree on: 5 to 10% of GNP and personal income (Gross Income). But if it managed properly, and it is not though it should already be being managed, it should only be for two or three years after a full agreement which will not occur before two or three more years before the 5–10% loss has to be paid. What is the British government doing to look for alternative markets for both imports and exports? Apart from playing friends with Trump, not much. The closest container maritime companies are continental, French and German-Danish. The English have forgotten to develop what used to be their power: maritime commerce. It was so easy to use the French or the Germans, as long as Lloyds remained the first maritime insurance company. Make the sideline profit instead of the basic profit. Same thing about nuclear power and many other fields. Great Britain has lived on European credit for too long. It could not go on forever.
Once again I am AGAINST Brexit but Brexit is the result of probably thirty or forty years of innovation sleep and enterprising napping. And mark my word: that was the same thing in the USA. Trump will not be able to change it. It is too late. And taht’s too bad for teh USA and GB.
Is Senator Feinstein right? Is trump going to resign on his own initiative soon? Let’s hope that happens before it invades Great Britain and soil Buckingham Palace with some gross piece of humor.