#Brexiteer: Sir Jim Ratcliffe, UK's richest person, moves to tax-free Monaco

[WalkinDude]

I think the idea of Brexit as a political war between the classes, Left and Right-leaning has been and gone. Current and future interests concern future economic viability, the general standard of living etc which are unifying concerns along with other obvious pressures.

The Chairman of Next has just announced the High Street is no longer viable, a Major Investment Bank has just shifted .2 Trillion of the books over to Germany, and one of Central London's biggest Landlords claims to have only received 41% of rent due over the last few months with 20% of available units unoccupied.

If the richest man in the country packs his bags 5 mins after Brexit I don't think there's any harm in normal folks taking an interest. I don't claim to be any great sage but I presume he has access to better forecasts than I do.

It's his right to leave, no suggestion anything illegal about it whatsoever, it's what it says I'm more interested in. Most people expect to soldier on but even that has to realistically possible?

 

[Jiblob]

I think the idea of Brexit as a political war between the classes, Left and Right-leaning has been and gone. Current and future interests concern future economic viability, the general standard of living etc which are unifying concerns along with other obvious pressures.

The Chairman of Next has just announced the High Street is no longer viable, a Major Investment Bank has just shifted .2 Trillion of the books over to Germany, and one of Central London's biggest Landlords claims to have only received 41% of rent due over the last few months with 20% of available units unoccupied.

If the richest man in the country packs his bags 5 mins after Brexit I don't think there's any harm in normal folks taking an interest. I don't claim to be any great sage but I presume he has access to better forecasts than I do.

It's his right to leave, no suggestion anything illegal about it whatsoever, it's what it says I'm more interested in. Most people expect to soldier on but even that has to realistically possible?

So you don't think that there could be other factors at play other than Brexit at the current time?

 

[websaway]

As usual, what you say makes no sense. I never said I was patriotic.

I also wouldn't say I was patriotic. I despise what has happened to this country, and how antagonistic and divisive the government and it's electorate has become.

I see what you are saying and maybe I don't make sense to you, why that is, is a matter for you of course. But what I would point out is that as far as the history books go back we have always been a divided country. In recent history we have had the Thatcher years fighting the unions which was at times a civil war, we have had the millions march during the Blair administration against the Iraq war. You delude yourself because of your personal passion to remain a part of the European Union. You really need to get over it,anything you say or do will not change minds that are made up. it's not healthy to hurt over something you have no control over. My greatest fear in recent years was that we would have an extreme left wing socialist in No 10 from last year. I would however have just had to get on with life until the next general election and let the elected government govern, that is our democracy.

 

[WalkinDude]

Brexit plus Pandemic is gonna impact more than a couple of Election Cycles. No comparison with Iraq (uk impact), or Miners strike. Orders of magnitude different in terms of cost and duration.

Brexit is more comparable to joining the EU which last many decades and COVID is economically and in terms of loss of life more comparable to being at actual war. Debt levels are rising at a rate you'd expect during major armed conflict and entire swathes of normal life grinding to a halt. Thatcher plus Blair combined wouldn't compare to this.

 

[WalkinDude]

So you don't think that there could be other factors at play other than Brexit at the current time?

This feels different. The issue of are you for or against Brexit has come and gone. The issue of is Brexit going to be economically beneficial is universally accepted as a no, for at least the next decade or so.

There is nothing wrong with Brexiteers who think in the far longer span it will turn out to be a benefit on all fronts if that's their genuine belief or reasoning. I personally don't think that can be disproved so who knows.


We all look at different signals so whether you were for or against Brexit, or for or against Lockdown the actual reasons for your view will be different to someone else's. Just seems there's a lot of powerful voices who called for Brexit but who aren't economically loyal to this county and it would be nice to know why?

 

[websaway]

Brexit plus Pandemic is gonna impact more than a couple of Election Cycles. No comparison with Iraq (uk impact), or Miners strike. Orders of magnitude different in terms of cost and duration.

Brexit is more comparable to joining the EU which last many decades and COVID is economically and in terms of loss of life more comparable to being at actual war. Debt levels are rising at a rate you'd expect during major armed conflict and entire swathes of normal life grinding to a halt. Thatcher plus Blair combined wouldn't compare to this.

I'm not going to guess your age but you don't sound like you were an active adult in the late 70's and 80's, Older people have seen serious recessions and I mean serious. The one coming will not be as bad as some post war recessions no matter how much you scaremonger. Although the EU have threatened to impose economic hurt to us same as the soviet union would have threatened military hurt to defectors, we are up to the challenge and will come out alive and kicking.

 

[WalkinDude]

I used to read a lot as a kid, I know about 17% interest rates, mass unemployment, decaying infrastructure. Don't claim to know exactly what it felt like but would say this looks worse but maybe not in quite the same specific areas. It's neither specifically COVID, or Brexit but the combo of the two and as I've alluded to perhaps other factors at play.

I don't have a position as there's no point as has been stated the trains already left the station. I just want to know as much as I can.

I don't believe I'm trying to scaremonger as I don't believe I'm in the company of kids.