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I'm still at a loss to see what the backers of Brexit gain.
Deregulation, in the same vein as the current US model.
Starting with a trade agreement that makes NAFTA look like charity, UK agribusiness, manufacturing (lel) and services & finance will be forced to adopt the US race-to-the-bottom model, necessitating a massive loosening of all regulatory frameworks (no more bendy Brussels bananas -yay!), to the complete detriment of consumers and workers, and complete etiolation of the spread of wealth.
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Chaos capitalism is maybe one of the reasons: Capitalism already often works on booms and busts, a hard brexit will create a nasty bust and voila, capital assets are there to be had for megacheapz.
NotThamesWater
JWestland
@mespilus
I'm still at a loss to see what the backers of Brexit gain.
I can see that they made some money from the drop in Sterling immediately after the referendum result, and from the flurry of take-overs that followed, (ARM being the most obvious),
but longer term?
https://www.theguardian.com/business/2017/nov/26/british-government-accused-of-being-soft-on-tax-avoidance
is maybe the answer.
While the nefarious activities of Caribbean tax havens could result in a boycott from the EU,
even a post-Brexit City of London is to big to be ostracised, leaving a gateway for offshoring untaxed profits for all the Worlds' shysters.