It is all guess work...Brexit is one term but it could play out in any number of ways. If the City of London loses financial services (some jobs have already gone, others are earmarked) then my company will be able to employ programmers in London without having to compete with wealthy banks. Brexit will also likely downgrade the UK economy making Conservative types - biz owners - better off relative to others in the UK. I've never voted conservative incidentally. They secretly, or even publicly, would like a world with an elite and working class trades people sweeping their chimney (shame
@Sexagenarianlover doesn't read my posts
. If we follow a harder Brexit path and the UK embraces free trade and low corporate taxation (the opposite of what Corbyn represents) then that will also benefit business as Corporation tax is reduced. However, if exiting the EU hits hard, then business will suffer too, and there won't be scope to cut corporation tax. There will be complex knock on effects for all. So it is very hard to model, especially when we have to guess what our trading setup will look like. The other thing is there
is opportunity when things are shaken up. If you were smart, you might look at what we import from the EU now, and setup new suppliers in emerging markets etc etc I also quite like anarchy. Shake things up, for example let the buy to let millionaires who've done little to gain their wealth see their fortunes dissolve. I'd like that. Young people can't find a place to live while others cream in the money while not maintaining the homes they let - because they can. I grew up in a London where there were lots of empty houses. You could squat them quite easily. Lose the city jobs and house prices would reset. Yet ultimately, I see Brexit as a backward step. Everything we know about economics tells us that wealth is created with free trade, and we're leaving the worlds largest trading union. It's also a union built out of war to ensure Europe stays unified and peaceful. And these trade partner countries who contain our genetic cousins, are the most culturally advanced, historically rich nations on Earth.
These are exciting times, and despite how it might appear I'm not blindly in favor of Remain. There is opportunity in leaving the EU, the question is at what cost? There are plenty of shades of grey. Leaving is certainly more exciting, even if it doesn't make sense rationally. What's a shame is that with this opening since the vote, I've seen no vision, nothing to galvanize people, or get them excited about a new national drive towards a fresh goal for the UK. UKIP disappeared, they had no vision or creativity. Despite his tomfoolery Borris probably has a sprinkling of vision and leadership and could motivate the nation and get people to believe in something. Just a shame that what that something is, is likely to be regressive. imo.