John Bull has shot itself in the head.
The UK is going backward since Brexit and is also socially disintegrating.
Brexit was triggered by opposition to immigration and opposition to being governed by the EU.
Brexit did not solve the problems it purportedly addressed and in fact, created more and bigger problems.
"Did the UK commit an act of economic self-harm when it voted to leave the EU in 2016? The evidence so far still suggests it did,” Bloomberg economists Ana Andrade and Dan Hanson, said."
https://uk.finance.yahoo.com/news/brexit-costing-the-uk-economy-%C2%A3100-billio... Quote:Brexit 'costing the UK economy £100 billion' a year
Pedro Goncalves·Finance Reporter, Yahoo Finance UK
Updated Wed, 1 Feb 20233-min read
CHRISTCHURCH, DORSET - MAY 12: Boris Johnson speaks as he visits Reidsteel, a Christchurch company backing the Leave Vote on the 23rd June 2016. on May 12, 2016 in Christchurch, Dorset. The Vote Leave battle bus has been touring the South West of England hoping to persuade voters to back a Brexit from the European Union in the Referendum (Photo by Matt Cardy/Getty Images)
Boris Johnson said Brexit would put millions of pounds back into the pockets of UK voters. Photo: Matt Cardy/Getty (Matt Cardy via Getty Images)
Brexit has caused a £100bn-a-year loss in output, leaving Britain’s economy 4% smaller than it would have been inside the bloc, according to according to Bloomberg Economics.
Since officially leaving the European Union, three-years ago this week, UK-based investment has grown 19% less than the G7 average and the economy has forfeited 4% worth of growth, the analysis showed.
“Did the UK commit an act of economic self-harm when it voted to leave the EU in 2016? The evidence so far still suggests it did,” Bloomberg economists Ana Andrade and Dan Hanson, said.