Myopia!

It irritates me no end that people keep telling me that the economy is going from strength to strength post Brexit!
It irritates me because A) We’re not post Brexit. We’ve merely agreed to start talking about leaving.
B) On the vote our currency went into freefall so our exports went through the roof and strengthened the economy. But the problem with that is that it’s a short term fix because it’s massively inflationary so the bits they import to make the bits they export are going to get more expensive.
Plus, since we import loads of our stuff everything is going to get more expensive which means your pound isn’t going to take you as far. So in real terms you’ve lost shed loads of money & good luck with your holidays!

Oh, and if we pat ourselves on the back one more time, I’m going to vomit!

BBC – Hammond

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