We are just a few weeks away from the 29th of March when the United Kingdom is scheduled to acrimoniously depart the European Union. Even at this eleventh hour there is still rampant uncertainty as to what is going to happen. No final decisions have been made by our weak and floundering politicians.
Emotive words and phrases like ?crisis? and ?crashing out? and ?going over the cliff? don?t help at all.
Economic Strife
A crisis is a plague or famine or warfare; this is economics. If you expect nothing from your so-called ?leaders? then you won?t be disappointed, that?s the people?s motto. Nevertheless, wide social divisions have opened like earthquake fissures. It is neighbour against neighbour and it is going to take a generation to get past, whatever the final outcome. In some quarters, hatred is not too strong a word. It is all very sad and the blame lies as much with the blustering, bombastic, un-elected suits who run the EU (which, remember, is only a trading bloc and not a country in its own right) as it does with our home-grown authorities. Industry is similarly divided with some sectors saying it?s all going to be great with many new global trade opportunities including the USA. Other players are saying it will all end in tears for manufacturing. Batting firmly for the latter team is the motor industry.
Related: It’s crunch time across the pond. How will the motor industry respond"
Lost Investments
There?s a reason for their negativity. Although the car i...