(July 12, 2016 at 3:55 pm)Napoléon Wrote:(July 12, 2016 at 3:31 pm)Mathilda Wrote: That's because the FTSE is being valued in pounds which has remained tanked. The FTSE companies are doing better because the pound is weak and it means they become more competitive.
Yes, the competition is a bad thing /sarcasm.
Do you own shares in the competitive corporations? Do they pay much tax in the UK? I doubt it. Is inequality on the rise? Yes.
(July 12, 2016 at 3:55 pm)Napoléon Wrote:(July 12, 2016 at 3:31 pm)Mathilda Wrote: But this means that living costs are much higher for the rest of us because Britain is a net importer (as argued by Brexiters as to why the EU will want to trade with us).
Yeah, and before being in the EU the UK was a net exporter. Wonder what happened?
Pointless comparison. The world has changed since then, not least because of globalisation which was the reason why the UK got into the EEC in the first place because it needed to in order to survive.
(July 12, 2016 at 3:55 pm)Napoléon Wrote: The standard of living hasn't really improved for 20 odd years and it's already impossible for young people like myself to get on the housing ladder. You wanna talk about living costs? Lol. Maybe if farmers didn't waste millions of tonnes of crops that didn't meet EU aesthetics standards we might have cheaper fruit and veg prices.
The standard of living hasn't improved in this country for you despite you being much younger than the EU. You weren't even alive before the UK joined the EU. But the EU is made up of many countries and each country is made up of many demographics.
There is no way of knowing whether the standard of living would have been better outside of the EU or not without running an alternate reality. But economic theory going back to Adam Smith suggests that it would have been worse.
It's impossible for me to buy a house in the UK and I'm 41. But I can buy a house in Germany which is another EU country. The reason neither of us can buy a house is because of Gordon Brown creating the biggest bubble in the UK's history. I've been tracking this bubble since 2001 and saw how New Labour bankrupted the country to maintain it. The price of everything else has come down though due to globalisation.
(July 12, 2016 at 3:55 pm)Napoléon Wrote: Absolute fantasy world you're living in.
I'm not the one lacking an understanding of basic macro economics in an oil based economy and in complete and utter denial.
(July 12, 2016 at 3:55 pm)Napoléon Wrote:(July 12, 2016 at 3:31 pm)Mathilda Wrote: So yes, well done, you've all voted to make yourself poorer so corporations can become more profitable.
I find it amazing that you would suggest this is not already the case by being in the EU. The entire thing is a giant fuck off gravy train for the elites. You'd have thought the liberal lefties would be strongly opposed but they're the biggest bedfellows the EU has. Bizarre. You want to talk about rich getting rich and poor getting poorer and yet can't see the wood through the trees.
Yet not in any way comparable to the class system and establishment that has existed unbroken in the UK since feudal times. But go back to waving flags at the Queen and stay in denial about the House of Lords and how there will always be a glass ceiling for peons like you.