Amerika

Economics is not everything, but it is a useful indicator. In this case, it seems that the failure to Brexit is costing the UK as its economy slows:

GDP grew at just 0.2 per cent in the first three months of the year; down from 0.7 per cent in the previous quarter, and confirming previous estimates, the Office for National Statistics reported.

This means that the UK economy, which had held up better than expected in the immediate aftermath of the Brexit vote, is now lagging behind all of the other countries in the G7 group of advanced nations and all other European countries.

We are looking at two different types of social order here.

With Brexit, the UK swings to the right and lessens or eliminates its social welfare, focuses on results-based decision-making, and aims to assert strong national identity and culture instead of bureaucrats and their endless pamphlets about not smoking, being anti-racist, having safe sex with feeling-sapping condoms, and reporting your neighbors for not having the television tax paid.

Without Brexit, the UK follows mainland Europe into the Soviet-style welfare state debacle, namely spending itself into abyssal debt while having no plan for the future except to tax the heck out of the dwindling reserve of normal people who are funding all of these greedy, wild-eyed, clueless dependents.

The one thing you cannot do, UK: waffle. Pick one or the other, and the market will adapt. Obviously, the markets expressed the most confidence in Brexit, as it is the option closer to sane economic, political and social thinking, therefore means that the value of UK products, services and companies will be greater.

Tags: brexit, economy, uk