Someone said :
Sorry Greenman but that is a deeply, deeply misinformed post.
The 'economy' is not one amorphous lump.
Then why do people act like it is? they literally refer to "the" economy, just like you'd say "the" climate "the" country "the" banking system. Is the economy not tied to the value of currency, to inflation, to GDP figures etc? (sincere question)
There seems to be a pretty strong list of reasons why a person would
describe an economy and one amorphous object.
Great Recession aside, Britain is our major trading partner. Anything that endangered or reduced that trade is potentially disastrous. To suggest that the fact that we are in a somewhat depressed state somehow inoculates us from the potential damage of a Brexit is plainly preposterous, if anything the opposite is true.
I didn't say it inoculates us, I said it's at it's "cheapest".
I'll put it this way, explain to me, as if I were a 4 year old, why Britain leaving the EU would definitely effect our trade negatively as opposed to, yes it would shake things up, but the shake up would be like anything else, reaching equilibrium becasue of import and export being proportionally balanced to things like currency exchange and value of goods. I mean what are we trading with UK, precious metals?
it's seems to be what, beef, timber, electronics? and a bit of tourism?
Have you ever met a local, wealthy beef farmer? like living within 10 houses from you in any direction?
I was raised in the countryside and I've never even met one. The market is probably a handful of families with incredibly high net worths. And what do tiny amount of very wealthy people do to economies?
Ask Bernie Sanders.
...or even the lower classes of 1790's France.