Comments by "Nigel Johnson" (@nigeljohnson9820) on "British business slams Brexit" video.

  1. The UK chamber of commerce might have a better case if the UK trade balance with the EU was positive, but for years UK businesses have underperformed. Maybe Brexit will provide them with the incentive they need to do better. Hopefully manufactures will find sourcing components from across Europe more expensive and will realise that it can be more profitable to build and support a local supply chain, rather than ship parts across a continent.
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  2. Didier Lemoine the quality of German goods is over stated, they resorted to cheating to beat EU emission regulation for cars. Then There is always the question of price. If the rest of the euro zone where more successful, the value of the euro would price them out of the market. It is also the case that the German economy benefited from being completely rebuilt literally from the ground up after the war and they had years of not having to provide for their own defence, which was a considerable cost advantage. Seventy years on and the advantages have disappeared..it takes a long time for the effects of these past advantages to disappear, but the process is being accelerated by EU military ambitions. The Japanese saw similar advantages, which is why their economy booked after the war. The UK did rebuild in a similar fashion, but the crumbling industry and infrastructure was not replaced by US Marshall plan money. In fact the UK was left with the least lend debt to the US, not paid off until 2006. Some have concluded that Germany did not lose the war, it just took a long time to win the peace. All this only goes to prove that economic power always beats military power in the long run. Ironically this is something the US has long forgotten and the EU is in the process of forgetting.
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