Even the most optimistic of we “EU Leavers” never thought that Britain would prosper so much and so quickly after the Brexit vote. As the whole EU edifice crumbles economically, politically and socially and Angela Merkel’s criminal migration policy destroys Italy, Greece, Sweden and Germany, the UK, encouraged by a friendly, open and business-like new US President, goes from strength to strength.
How the arrogant corporatist right and fascist authoritarian left with their devotion to (and rewards from) the European Union are gnashing their teeth. They hope for chaos and we see prosperity. They hoped for supine regret but we are forging ahead. They hoped for even more power out of the ashes of a failed non-EU Britain but they now fear the tracks to success are all too clear!
British UK retail sales grew at their fastest annual rate in 14 years in October with sales up 7.4% from a year earlier and internet sales have seen the strongest growth for five years. Foreign buyers bought the highest level of long term UK Gvt bonds in September (£13.3 bn) for a year – not a sign of panic!
Previously eurofanatic corporations are suddenly accepting the new situation and investing in Britain for the long term. Europe’s most efficient car plant NISSAN in Sunderland is investing and staying in Britain.
The world’s leader in electronic cars, TESLA ,wants a UK engineering base. Elon Musk: “it amazes me how much British talent there is in Formula 1”. “Just as auto makers go to Silicon valley for software design auto firms come to the UK for design and engineering skills and technology” said car industry expert Professor David Bailey.
BT is operating “one of the most extensive telecoms networks in the world” and “Britain has the most internet-developed market in the world” said the company’s chief executive – as BT sealed a major networks deal with Michelin for 230 locations around the world THE DAY AFTER BREXIT
Google plans a £1bn investment in Britain, raising employee numbers from 4,000 to 7,000. “The UK has been a tremendous market for us,” CEO Mr Pichai said “we have some of the best talent in the world in the UK and to be able to build great products from here sets us up well for the long term.”
The head of the World Trade Organisation Roberto Azevedo has pledged to prevent Britain suffering “disruption” after it leaves the EU. He said, “The UK is a member of the WTO today, it will continue to be a member tomorrow. There will be no discontinuity in membership [as it leaves the EU],” and promised that he would work to make the transition “fast and smooth.” An Italian businessman writing to the Daily Telegraph said:
“As an Italian businessman, I am seriously considering moving my business to the UK after Brexit. The EU has proved to be a disaster for Italy, with youth unemployment at 45 per cent., a stifling taxation system, plummeting property values, and (according to official statistics) national unemployment at more than 12 per cent. Many in Italy look to Brexit with the hope that it will be the beginning of a new era, in which democracy wins out over bureaucracy and arrogance.”
All this has of course been well known to democratic eurosceptics for decades – now the political class, its poodle-like press and perhaps now even the boneheaded corporate sector are all waking up to the truth.
BRITAIN’S UNRIVALLED STRENGTHS IN THE WORLD:
So let us look at the extraordinary strengths of Britain in the world economy – strengths whose fruits have been stifled, taxed and drained by our 40 year membership of the European Union. The UK has a disastrous £60 billion deficit with the EU but a £30billion surplus with the rest of the world – so in leaving we will be turning our backs on failure and embracing success. UK trade with the EU has in any case over recent years declined from nearly 60% of our exports to just over 40% and as the EU’s distortion of our trade in financial services and agriculture and EU tariffs on imports from the Commonwealth are removed trade is bound to improve.
- London is the world’s second biggest financial centre, the world’s biggest foreign exchange centre and has unrivalled access to one of the fastest growing group of nations in the world – the British Commonwealth and through investment, trade, intelligence, security matters and historic relations with the world’s most powerful economy the USA. (The USA without “access to the single market” trades $1.9 trillions a year with the EU!)
- The World Bank annual “Ease of doing business” survey showed UK 7th – above the USA, Germany,France and Japan.
- Extensive international fishing grounds – secretly sacrificed by the Heath Government on joining the EU in 1973 – and for decades plundered by the State subsidised fishermen of the EU.
- The UK Aerospace industry is the second biggest in the world – annual sales of £31bn growing 39% in five years. All Boeing planes rely on UK parts.
- The UK has the 3rd largest aviation network in the world after the USA and China carrying 144m passengers a year.
- The UK defence industry has sales of £23 bn per annum.
- Britain has just 0.9% of the global population but has 4.1% of the world’s researchers and 16% of the world’s most highly regarded academic output.
- While the EU’s transatlantic trade agreement has failed and the Canada trade deal is under threat both the USA and Canada are willing to conclude similar agreements with the UK (which cannot be sabotaged by any EU state or region of any EU state!)
- There are 3million EU citizens working in the UK. If the EU should aggressively resist free trade with Brexit Britain the return of those “citizens” to the bankrupt unemployment hell of the EU would be a foolish price to pay for such intransigence!
EU DISASTER AND CONFLICT
REGUS – a world wide serviced office provider is moving from Luxembourg in the EU to Switzerland not in the EU because of the “increasingly complex legislative environment in the EU” and the “medium to long term uncertainty surrounding the future shape of the EU”
Professor Otmar Issing was the first chief economist of the European Central Bank. He now sees the EU and its Euro as complete disasters – strange is it not and typical that so many millions should suffer decades of unemployment, social degradation and misery while such “experts” learn how the world works! A few weeks ago Issing, one of the architects of the Euro, declared:
“One day, the house of cards will collapse…Realistically, it will be a case of muddling through, struggling from one crisis to the next. It is difficult to forecast how long this will continue for, but it cannot go on endlessly……The Stability and Growth pact has more or less failed…there is no fiscal control mechanism from markets or politics. This has all the elements to bring disaster for monetary union. The no bail-out clause is violated every day…The decline in the quality of eligible collateral is a grave problem. The ECB is now buying corporate bonds that are close to junk. The reputational risk of such actions would have been unthinkable in the past.”
So even the Germans now see the sinking of the European ship – while the British (they fear) are sailing off to prosperity!
