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A comment on $1T is leaving Britain because of Brexit. Parent comment

Re:$1T is leaving Britain because of Brexit by lazyjones on Monday January 07, 2019 @11:52AM (#18846850)
> The UK has traditionally punched well above its weight economically

How is its trade balance doing lately? Not so good.

https://tradingeconomics.com/united-kingdom/balance-of-trade

> Being the banking capital of the EU is a huge contributing factor to that position, btw.

I'm not sure what economic indicators you are talking about. Certainly none that reflects the actual well-being of the population.

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Re:$1T is leaving Britain because of Brexit by freedomben on Monday January 07, 2019 @12:10PM (#18847139)
I generally support Brexit, but I'm guessing for reasons much different than yours (I always favor decentralization as a way of increasing the power of the average citizen relative to their government). Maybe we agree?

The trade balance tho is not typically a good indicator of economic health, at least not how it's typically pitched: https://mises.org/wire/nonproblem-trade-deficit

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Re:$1T is leaving Britain because of Brexit by Symbiote on Monday January 07, 2019 @12:28PM (#18847407)
The average British citizen will probably have less influence after Brexit, since the EU electoral system is actually reasonable.

We'll be left with a first-past-the-post MP, and an unelected (sometimes hereditary!) House of Lords.

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Re:$1T is leaving Britain because of Brexit by pjc50 on Monday January 07, 2019 @12:58PM (#18847865)
The UK is one of Europe's most centralized states, and Brexit will make it more so - see Scottish government lawsuits.
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