Brexit

[Bofferbrauer2]

Pyro as Bill said:

JRPGfan said:

Sounds like you want to earn the same as a chinese worker? otherwise more or less everything could be moved there.
A country cant live on just services, there needs to be some production there.

And dont worry, slowly more and more jobs are moveing over seas.
So it looks like your getting your wish, dont mind the unemployment in the UK.... you rather those work places not be there right?

That makes no sense.

I have no problem with a 'decreasing' salary as long as the prices of the products and services I buy fall faster.

Giving up inefficient industries is the sign of an advanced economy, not a 'Chinese worker' economy.

'A country cant live on services' - If they don't have to worry about war they can.

The only thing that seems falling is the value of the Pound, though

Giving up on inefficient industries is a sign, modernizing and making them efficient again is another. And it doesn't look like international companies are willing to risk that in the near future, instead investing into their sites outside of the UK, like Airbus for instance already announced over a year ago.

They can't, as you need commodities to base these services on. Oh, and without any production, there's no exports, only imports, which quickly devaluates a currency, exactly what the British £ can't need right now.