Brexit and the waning days of the United Kingdom

[The Minsky Moment]

Well if a primary concern about the UK is not being rich, I would not turn to Nigel Farago, whose principal claim to fame is the policy that knocked about 5% off of the country's trend GDP.

[The Minsky Moment]

Well if a primary concern about the UK is not being rich, I would not turn to Nigel Farago, whose principal claim to fame is the policy that knocked about 5% off of the country's trend GDP.

[Josquius]

Well if a primary concern about the UK is not being rich, I would not turn to Nigel Farago, whose principal claim to fame is the policy that knocked about 5% off of the country's trend GDP.

For many of his supporters they've given up on their own situation becoming any better. If they can just make other people's situation worse though then its worth it.
Zero sum economics plays a part. But also just crabs in bucket spite.

[Tamas]

Well if a primary concern about the UK is not being rich, I would not turn to Nigel Farago, whose principal claim to fame is the policy that knocked about 5% off of the country's trend GDP.

For many of his supporters they've given up on their own situation becoming any better. If they can just make other people's situation worse though then its worth it.
Zero sum economics plays a part. But also just crabs in bucket spite.

Yeah that's a good point I am afraid it explains a lot of what's going on in the world. The left behinds (or the ones feeling left behind, in any case, economically or culturally) just want to drag everyone else back.

Now I don't begrudge a lot of them having valid economic concerns, but I wish they supported a movement that aimed to address them, as opposed to making sure nobody else (coloured people especially) having it any good either.