Later On

A blog written for those whose interests more or less match mine.

Post-Brexit Britain heads for tough times

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Kevin Drum has a good post on what’s already happening economically in Britain, including a sobering chart. From his post:

. . . The likelihood of a major recession is now very high, and the worst victims are going to be the very people who were demagogued into voting Yes.

Brexit is going to go down in history as one of the dumbest own-goals ever.  It’s unlikely to deliver on any of the promises of the EU-hating crowd, but it will almost certainly damage the British economy and hurt Britain’s working class badly. Donald Trump fans, please take note. Just because someone is loud and politically incorrect doesn’t mean he really has your best interests at heart.

Written by LeisureGuy

2 August 2016 at 11:26 am

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