You are driving a German 🇩🇪 or Korean 🇰🇷 car to an Italian 🇮🇹 coffeeshop to drink Brazilian 🇧🇷 or Etheopian 🇪🇹 Coffee, made by a Mexican 🇲🇽 or Ukrainian 🇺🇦 barrista. You then go go home buying Chinese 🇨🇳 or Indian 🇮🇳 takeaway, eating it sitting on a Swedish 🇸🇪 couch in front of a Chinese 🇨🇳 TV to watch US 🇺🇸 shows, and you are still complaining that your neighbor is an immigrant?
Everyone is a foreigner almost everywhere.
Without immigrants or migrant workers, most economies would contract
Ohne Einwanderer oder Arbeitsmigranten würden die meisten Volkswirtschaften schrumpfen!
Selbst ein #Dexit, also "nur" ein Austritt aus der #EU-- würde Deutschland rund 690 Mrd. Euro an Wirtschaftsleistung (BIP) und 2,5 Millionen Arbeitskräfte kosten.* #Brexit war hier eine eindeutige Fallstudie.
You might disagree with Michael Hesletine on many things but I'm guessing many of us will agree with him on this:
'The state of our economy, defence & environment, the need to level up our society, control immigration & restore Britain’s standing in the world. None of these issues can be honestly addressed in isolation from our relationship with Europe. Yet Europe is the no-go area'!
Ignoring brexit & its consequences marks this as (likely) a pretty dishonest election!
Nice reality check here re the UK joining the EU. If € is a condition (and pledging to at the very least would be), the decision flips. The UK isn’t ready yet. Maybe it never will be.
@craiggrannell@ukelections But you (UK) just left. Why would we (Europe) be interested in you joining again? It makes no sense. We are still tired and fed up with all the #brexit nonsense you forced on us.
The odds of the UK recovering the position it had before Brexit are extremely low, I think. Even Brazil is better positioned to recover what it lost in the last 10 years...
#UK#Brexit#Globalization#Elections: "The British prime minister called a general election for July 4, and like Biden he is weighed down by deep public pessimism over the economy. But unlike Biden, Sunak can’t claim that pessimism is disconnected from hard data.
Britain has had one of the worst performances of major economies since the pandemic broke out in 2020, with lower growth, higher inflation and weaker investment than its peers.
Blame bad luck, and bad choices. Some of those choices fall at the feet of the Tories, in particular the decision to leave the European Union. But that doesn’t mean Labour, which might form the next government, will do better. And in that lie lessons for the rest of the world: whatever the flaws of globalization, turning your back on it can be costly, and difficult to undo.
(...)
Between early 2016 and the end of 2023, British investment fell 17% relative to other developed economies, according to J.P. Morgan. Half of that can be plausibly tied to the administrative barriers and uncertainty brought on by Brexit. A study co-written by Jonathan Haskel, a policymaker at the Bank of England, put investment in the U.K. 10% lower in 2022 than if the pre-2016 trend had persisted."