(Two-minute read)
THIS IS WHAT ENGLAND WILL BE LIKE WHETHER IT LEAVES THE EU OR NOT.
After an entirely voluntary act of self-harm England will have lost its European identity with no obvious solutions. No longer a global economy it will struggle to be heard in the United Nations World, not to mention in the USA.
Struggling to make ends meet we will see a country that is not only insecure about its place in the world but struggling with its internal identity not to mention it’s past.
There will be no game-changing world trade deals to deal with its loss of revenue to allow a proper restructuring of funding of its infrastructure.
London as Corporate England (which sets its own rules) will carry on, powered as ever by its own brand equity with sterling strengthen due to the race to the bottom of corporate and other taxes.
With a deepening sense of nationalism or isolationism, English politics will feed on the helplessness of the old parties, driving the youth of the country to become activism, leading to civil unrest.
All of which will strengthen the perception of a liquid world with populist solutions.
The conservative party will split with a new populist political party promoting coexistence, appreciation of diversity, liberal pluralistic democracy freedom of speech, and internationalism.
As with the Eu if opportunity and wealth are not seen to be distributed evenly populist will sweep everything in its path, becoming more anxiety driven, angrier.
( BOTH ENGLAND AND THE EU NEED TO PURSUE AN ECONOMIC POLICY THAT DEFENDS CAPITALISM AND FREE TRADE BUT ENSURES THAT THE BENEFITS OF THIS SYSTEM REACH THE MAJORITY OF THE THE POPULATION.
THEY BOTH NEED TO DEFEND A SOCIETY THAT IS BOTH FAIR AND MULTI-ETHNIC WHICH MEANS DOMESTICATING NATIONALISM BY BROADENING THE BONDS AND SOLIDARITY BEYOND THE PERSON THE FAMILY OR ETHNIC AND RELIGIOUS TIES.)
Populism will make decisions on reform that the euro area needs to ensure sustainability almost impossible to achieve.
Relationship with Ireland will start to show signs of strain over the border and fishing.
Northern Ireland will be in turmoil with a pending vote on Unity with Southern Ireland.
Wales and Scotland will still be shackled as whimpering serfs to the throne.
The cost of living will increase. The huge cost of maintaining naval and military power will come under severe criticism against the cost of the NHS and social care.
The EU will stay an integrated economic area even it fails to survive in its present form.
BOTH ECONOMIES EU AND UK WILL NOT HAVE CHANGED MUCH except for the pace of growth.
All human comments appreciated. All like clicks chucked in the bin.