I’m pretty ignorant on the whole matter but it doesn’t seem like a terrible spot to be in not being tied to the EU and lots of countries’ debt right now?
With regard to other aspects of Brexit, reading this Washington Post article it seems to have had some good parts and some bad parts and it is too early to tell?
> Britain has “taken back control.” But the government has struggled to show the benefits.
If there had been benefits, rest assured they had been trumpeted from the rooftops.
> Since Britons voted in 2016 to leave the E.U., the country’s per capita income has grown by 3.8 percent in real terms, compared with 8.5 percent growth in the E.U
> But the impact on the economy may take years to fully reveal itself. “I compare Brexit to a slow tire puncture versus a car crash,” Portes said. “It takes time.”
> But Britons who voted for Brexit because they wanted less immigration would be disappointed.
> Despite all these arrivals, the United Kingdom is facing a massive labor shortage blamed in part on Brexit. The country has struggled to bring in fruit pickers, hotel maids and truck drivers. The National Health Service in England is short tens of thousands of doctors, nurses and midwives, in what a parliamentary committee called the “greatest workforce crisis in their history.”
> Johnson’s government now says this arrangement [Northern Ireland] is tearing the kingdom apart, creating disunion and strife.
Brexit is far from done and the relationship with the EU is getting worse. The most likely new prime minister of the UK has been leading the charge to break the Northern Ireland protocol (which is linked to the peace agreement in Northern Ireland).
> Johnson’s government is pushing a law through Parliament to unilaterally overturn the protocol — a move decried by critics as a breach of international law.
I guess I was reading more context into the “we don’t know yet” parts and thinking about the current EU debt and inflation situation. Maybe Britain is in an equally bad situation, I don’t know.
The debt/central bank entanglement comes along with adopting the Euro currency, for which the UK had no obligation even within the EU.
The actual main consequences of leaving the EU are imposition trade barriers and barriers to the movement of people. Which were intended and desired outcomes for many, but so far seem to be rather negative economically and socially (nurse shortage, produce rotting on fields etc).
The UK had a political party UKIP, which was lead by Nigel Farage, he had been pushing for Brexit for a long time.
The right wing government in power was up for reelection, and UKIP said basically "we want a referendum on Brexit or we won't give you our votes and you won't get back into power"
So the prime minister at the time said "ok fine", thinking that brittons won't be dumb enough to vote for it.
So the referendum was called, and the remain sides campaign pointed out how crazy this would be and how much damage it would cause.
The leave campaign lied through their teeth and called the other side a bunch of nerds and fear mongeres. They told the boomers that they could get the old color of their passports back, and said the UK could get rid of the scary immigrants taking their jobs.
The vote went like 51:49... And the then prime minister quit as that was the deal.... In his place was a cavalcade of morons to replace him.
So now the UK is suffering and its all because of this stupid backstory.
