Yes it would appear that England will be undone from within......rich getting richer , poor getting poorer , arse torn out of the manufacturing and construction sectors to facilitate slashing of wages......increased immigration of people who will work for less......all very good if you are an advertising executive or market analyst... but if you are a tiler , carpenter , plasterer, chef , driver.....etc etc your days of earning a decent wage and getting ahead are numbered.
My view is that we are going to see a gradual decline in wages. Put simply, if you are a company selling to all over Europe, the only reason you'd build a factory here rather than inside the EU is if your costs were lower, because there will be costs associated with tariffs and administration that weren't previously there.
So what costs are likely to be lowered to facilitate this? Fuel costs? No - that'll be unaffected by Brexit. Executive bonuses? Yeah because that always happens. Or maybe the shop floor worker taking a lower rate of pay?
I'm looking forward to PPF debunking this theory with his usual intelligent economic analysis. Perhaps "tick tock" or "snowflake" or something similar that proves his point.