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Originally Posted by fern
I love your photography , we live in a very divided country at the moment
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Just about the same all over the old developed world (Western Europe and North America), apparently.
On one hand, those making a better living from globalization, usually the better educated working for well established corporations and the financial or tech industries.
On the other, people living globalization as a downgrade of their own situations.
That would be the actual split now a days. No wonder a pretty large majority of Londoners voted for the remain side.
Quote:
Originally Posted by Bedhead
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So, there must be my good old France somewhere to the other side, not too far away... You almost could make it by swimming. lol
Well, economists over here are not exactly taking Brexit as a good deal for us either. It's annoying them. Their point is quite simple and relevant, as economics usually seems nothing too hard to understand anyway. If the British happened to go worse off for some time, that would be the likely case for the coming years, their consumption of French goods and services would only decrease, while a couple of insurance companies and a few small tech businesses currently based in England that may relocate to the Paris CBD would simply never be enough to make up for the potential loss. That might cost up to 1% of our GDP according to the projections I heard of lately.
However, the British are also said notably skilled at diplomacy to maintain their trade interests, so there's still a little hope for an EU-UK bilateral deal to soften the potential damage.
Overall, this whole story only rises annoyance anyway.