- cross-posted to:
- globalpolitics@lemmy.world
- cross-posted to:
- globalpolitics@lemmy.world
Leaving the EU has reduced Britain’s GDP by up to 8pc, according to a devastating US study
The latest such assessment comes in the form of a paper from the US-based National Bureau of Economic Research (NBER). This concludes that Brexit has reduced UK GDP by 6pc to 8pc, far more than most previous estimates.
Investment is worse off by between 12pc and 18pc, employment by between 3pc and 4pc, and productivity also by between 3pc and 4pc. There have been few more devastating assessments than this.


Nobody wants to talk about it? … That’s not true. People who pushed it through don’t want to talk about it, and neither do their allies. Everyone else would like to see accountability, right? Get rid of those shady bastards who push nationalism by pretending it’s good economics.