Re: Exit Britain. Enter Wall Street Archived Message Posted by dovetailjoint on February 1, 2019, 3:02 pm, in reply to "Re: Exit Britain. Enter Wall Street" Despite how things look on the surface, the UK is actually in an extremely precarious position economically. Over the last half century a mass act of vandalism and self-harm has been carried out in the UK by successive governments. The UK's manufacturing base has been deliberately run down to an extent that's close to unparalleled in the industrial world. Compared to Germany the UK has a tiny manufacturing base. The Germans still produce loads of stuff. One can see this by visiting any German town and seeing what they are selling in their shops. They still make stuff. In contrast the UK has deliberately prioritised service industries, banking and insurance, not manufacturing. The financial sector is now the single biggest part of the UK economy and the biggst employer. What this means is that in a sharp economic downturn the UK economy, because it's so linked to the financial sector, risks collapsing overnight and millions could be without work rapidly and with nothing to sell. Outside the EU would Germany come to the UK's rescue with a bailout. I don't thik so. With the UK so reliant on the financial sector, it's even more incredible that anyone would choose to undermine that sector in any way, especially by leaving the world's biggest market, the EU. Message Thread: Brexit... an irrelevant, conceited, piece of political theatre - dovetailjoint February 1, 2019, 7:46 am Elitist bleat - Keith-264 February 1, 2019, 9:16 am Exit Britain. Enter Wall Street - margo February 1, 2019, 10:03 am Re: Exit Britain. Enter Wall Street - Tomski February 1, 2019, 1:38 pm Re: Exit Britain. Enter Wall Street - dovetailjoint February 1, 2019, 3:02 pm Re: Exit Britain. Enter Wall Street - Tomski February 2, 2019, 12:45 am Re: Exit Britain. Enter Wall Street - Cockneymystic February 2, 2019, 8:24 am   Searching