Summary

Five years after Brexit, its promises of sovereignty, economic gains, and reduced migration remain unfulfilled. While Brexit offers regulatory flexibility, its overall impacts are largely negative.

The UK economy has suffered a £100bn annual output loss, with GDP 4% smaller than it would have been without Brexit.

Trade barriers have reduced exports, particularly to the EU, with small businesses and sectors like agriculture and fishing hit hardest.

Migration has surged to record levels, but net EU migration has turned negative.

Public dissatisfaction is high, with 59% believing Brexit has gone poorly.

  • orclev@lemmy.world
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    4 days ago

    Everyone with an IQ over room temperature knew leaving the EU was a losing move for everyone but the oligarchs looking to snap up businesses for cheap. They’re intentionally driving the UK economy into the ground so they can snap everything up in a fire sale knowing that their wealth is safely protected in foreign investments. They’re trying the same playbook over in the US now. Trump will tank the US economy (not to mention gut the anti-monopoly regulations) and then the megacorps will start gobbling.

    Has Brexit cost them anything politically? Or is it still the exact same bullshit as before Brexit happened? Sure seems like nothing has changed.

    • Snot Flickerman@lemmy.blahaj.zone
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      4 days ago

      We really do live in a post-truth era. Zizek was right when Snowden dropped his docs. He said based on the response to the Iraq War torture leaks, he didn’t expect anything to change. That big disclosures mean basically nothing now. God damn it he was so fucking right.

      • LH0ezVT@sh.itjust.works
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        3 days ago

        People remember Chelsea Manning not for exposing war crimes, but for the crime of being trans. Checks out.