Forum Topic

Straight gen from the prof

Jonathan Portes, Professor of Economics, King's College, London, writes on Twitter:- "All credible analyses suggest Brexit will permanently reduce the productive capacity of the economy, hence limiting spending (private or public, consumption or investment)".'Permanently' is quite a long time, so quite a lot of loss then. Still, doubtless there will be winners and losers, even in such a case of overall loss. Many millions of ordinary people will doubtless be very proud of Brexit. Many millionaires will doubtless find Brexit very profitable. So, win-win then.

David Ainsworth ● 2561d3 Comments

Annihilation of the middle class then?

Philippa Bond ● 2559d

Looks that way Philippa. We either get much richer or much poorer. Most of us will be the latter.

Lucille Grant ● 2559d

"We either get much richer or much poorer. Most of us will be the latter."But we do get to be proud and independent, or something.

David Ainsworth ● 2559d