Anarchy in the UK? When politicians ignore the electorate.

Just an outline of the 5th largest economy in the world, written in January 2019. I didn't understand all of it (economics jargon) but these people do.

From www.investopedia.com/insights/worlds-top-economies/

The World's Top 20 Economies.

5. United Kingdom

Nominal GDP: $2.62 trillion
GDP (PPP): $2.91 trillion

The United Kingdom, with a $2.62 trillion GDP is the fifth-largest economy in the world. When compared in terms of GDP PPP, UK slips to the ninth spot with a GDP (PPP) of $2.91 trillion. It ranks 23rd in terms of GDP per capita which is $39,734.59. Its nominal GDP is estimated at $2.96 trillion during 2018, but its ranking is expected to slide to the seventh spot by 2023 with a GDP of $3.47 trillion.

Starting from 1992 till 2008, the economy of the UK witnessed an uptrend in each quarter. However, it witnessed a decline in its output for consecutive five quarters starting April 2008. The economy shrunk by 6% during these five quarters (between the first quarter of 2008 and the second quarter of 2009) and eventually took five years to grow back to the pre-recession levels, according to data from the Office of National Statistics. The economy of the UK is primarily driven by the services sector which contributes more than 75% of GDP with manufacturing, the second prominent segment followed by agriculture. Although agriculture is not a major contributor to its GDP, 60% of the U.K.’s food needs are produced domestically, even though less than 2% of its labor force is employed in the sector.

From what Jeremy Hunt said this morning, it may be that we will not be ready to leave March 29th after all. Too early to dust off the bunting?

Day6 You cannot possibly know that emainers are desperately hoping all their doom laden forecasts will bear fruit, and it is insulting to insinuate that. Please don't suggest you know what I am thinking about March 30th, you have no knowledge of what is happening in my mind and I have never posted anything to give you that impression.

It must be intersting to live as you do, knowing everything, knowing how Brexit will work out, knowing what others are thinking. Don't you find all that responsibility a burden? Or maybe you are on a cloud with the cuckoos?

.....and it does look as if Remainers are desperately hoping all their doom laden forecasts will bear fruit, which I find very sad.

Day6 that does rather sound as if you are getting your excuses lines up ready for when things don't go well so that you can tell us all it is cyclical.

Well you can think that if you like Nonnie but I assure you that I am not going to join you on the brink of the abyss on March 30th - our first day of freedom.

Yes, I say freedom. Our future will be in our own hands and we are not a weedy little nation which will sink without trace because Brussels isn't holding (tying) our hands and keeping us in check anymore.

I have said in many posts that there is likely to be a bumpy transition - don't we all expect that? Only a fool would predict a smooth exit. It will affect the pound but currency everywhere fluctuates, all the time. You know that.

We will go on and prosper as a nation. Of that I am sure. The UK - 5th largest economy in the world just in case you've forgotten - sound like quite a good investment.

I voted remain. However, I do think that, in the long run, we'll most likely be OK. If/when we leave there will be problems but they'll be addressed as problems have been in the past.
And breathe - repeat 'all will be well in the best of all possible worlds'. Maybe.

I would like to know how long the leavers on this thread think an 'obvious transition period' will last, and how they think those already only 'just about managing' will cope during that time. Or do they not believe that it is the government's responsibility to have this sort of forethought? Or will everything that happens be blamed on Brussels? (Yes?)

Day6 that does rather sound as if you are getting your excuses lines up ready for when things don't go well so that you can tell us all it is cyclical. Are you beginning to wonder if some of the experts are right?

No dispute that the £ has lost 20% as a direct result of the Leave vote.

When they complain about the effects, especially of a “No Deal Brexit”, I will enjoy reminding them of their previous views

I have to smile. Are Remainers natural pessimists?

It seems they imagine we will fall into a hellish abyss once we leave the EU

Most realistic Leavers KNOW there will be a period of adjustment when we free ourselves from Brussels shackles, but as a huge trading nation with a stable economy we are likely to have countries from all over the world willing and able to trade with us. We have the 5th largest economy in the world.

Above us USA, China, Japan and Germany.

Why do some people feel that leaving the EU is going to drastically affect that?

It will cause ripples, there will be a period of instability - no one expects any transition to be without problems - but ALL economies fluctuate and they always have.

From Investopedia. January 2019.

The different phases of economic cycles toss economies around the world. However, it’s interesting to see that these top economies don't budge easily from the positions they hold

When compared to the top 20 economies of 1980, 17 are still present on the list which means only three new entrants

In addition to the key players remaining almost the same, the analysis reveals these economies are the engine of growth, commanding majority of the global wealth.*

The nominal GDP of the top 10 economies adds up to about 67% of the world’s economy, while the top 20 economies contribute almost 81%

The future is as bright as it's always been imo - ie: no one has a clue what will happen tomorrow, never mind March 30th 2019 or the years ahead.

Remainers see only doom and gloom ahead, and the UK as some sort of pariah state which is needy of Europe. I see us in a different light. I see the opportunity for growth, expansion and new markets.

I am not belittling the impact of Brexit at all but I get the impression sore-loser-itis will keep the Remain pot bubbling long after this year and it is likely to boil over every single time there is a downturn in the economy.

Look at how much we contribute to the EU. Are we a poor country if we can pour in BILLIONS every year? The EU economy will take a knock when we leave, but so many member states are in financial turmoil already and I am keenly watching what is happening in Italy where EU interference is resented, giving rise to new parties and a defiance of Brussels, which is curbing government spending/budgets.

I see a domino effect once we leave, not a stable EU. I predict others will want to follow us in breaking away. Remainers feel we should be clinging on, trading within EU terms, limits and conditions and shunning huge global markets. And supporting the poorer economies of member states by continuing to give billions every year to the EU project.

With regard to the OP, it is true that many of our MP's today are career politicians with little or no relevant work and social experiences, often middle class, university graduates. Or they are the old timers with a cushy number both being ignorent or arrogant to the needs and wishes of their constituents.
How to clean out this rats nest is going to be almost impossible due to the way MPs are selected and de selected.
The fear many of the MPs have with regard to leaving the EU (fed up with the term Brexit!!) is that they will have to work a little harder for their generous salaries.

Maizie you said Leavers have associated themselves with some very unpleasant people. I think I would turn that round and say some very unpleasant people have associated themselves with the Leave campaign

I too am horrified that the threat or violence could prevent a legitimate vote. If anything I think it should encourage one, never give in to bullies.

I hadn’t heard about any violent remainer thugs at all, perhaps I have missed something , to me remainers are all passive. 700,000 passive remainers and nobody took any notice at all, you need passion and violence to get headlines.
Many of many friends are leavers I don’t agree with them, they may well get their way and I will live with the consequences. When they complain about the effects, especially of a “No Deal Brexit”, I will enjoy reminding them of their previous views.
I’m quite confident I will get my fun because nobody is expecting a short term gain and Brexit is going to get the blame for all the ills of the UK for many years.

The people DH overheard last week threatening to take to the streets if they don't get 'their' brexit weren't Tories. He didn't feel it was a threat either!!

Varian, I am with you.

jalima
It is becoming rather extreme, isn't it.
I thank you for posting your thoughts on Varian she posts.

certainly some of the rhetoric of remainers is violent.

violent: synonyms:
intense · extreme · strong · powerful · forceful · great · vehement · wild

However, I am not one of them and dislike all the name-calling and nastiness varian.
On behalf of decent remainers could I ask you to stop it please?

By the same token leavers aren't thick racist little englander violent thugs.

I'm afraid that some of them are, petra. Like the ones who harrassed Anna Soubry.

Leavers have associated themselves with some very unpleasant people.

Oh I think you have made enough noise Varian.....certainly on here, don’t worry about it.?

Exactly Petra !

Of course, not all of those who still, in spite of all the evidence want the UK to leave the EU, are violent thugs, but why should the Tories get away with threatening us all that if we don't "deliver brexit", the violent thugs will cause civil unrest?

Davidhs
remainers are not traitors, they just have different opinion to your
By the same token leavers aren't thick racist little englander violent thugs. they just have a different opinion to remainers

Why are the majority of the population, who want the UK to remain in the EU being totally ignored? Have we just been too polite or not made enough noise?

The lovely 700,000 people who marched peacefully in London have been given less credence than a group of a hundred or so right wing brexit thugs who attacked Anna Soubry.

Most MPs also know that we should remain in the EU. That would be the best way to have a prosperous and influential country, not a weak, snivelling little has-been, joke of the world country. Are they just afraid of the right-wing gutter press and the brexit bullies?

It is time the sane remainers were listened to. Revoke Article 50 now- or in a fortnight when TM brings her failed deal back to parliament.

I voted Remain for many reasons, not just party political, and I agree Beammeup that loyalty to the Party should not be the main consideration now, but what is the least damaging for the country. I accept that others will not share my views, for their own, no doubt valid reasons, but I don't think it helps anyone's cause to refer to MPs who voted "the wrong way" as treacherous.

Beammeup I agree but I think they are worried about their jobs/promotion. I don't think they are examining the evidence and voting according to their conclusions. I wonder if any of them are going back to their constituents to see how people feel now that they know they can't have what was promised.

Day6. You are over the top in your remainer campaign comments, several half hearted attempts have tried to gain momentum but none gained support. A second vote now seems to be a dead duck as well, in any case the likely result will be the same, remainers are not traitors they just have a different opinion to yours.

So it’s a choice between deal or no deal, if you look at the voting on Monday TM won because Tories voted with her Labour and others against, yet JC is in favor of a softer deal.
In 2 weeks when TM gets nothing from the EU, the voting will change with more Labour MPs changing, but that all depends on Tory/Labour negotiations. A majority of MPs want a deal just what that will mean we will see.