‘Confirmation bias’ of Remain voters challenged by Philip Pilkington, following Germany’s economic downturn
The German economy shrank by 0.3 percent in the initial three months of 2023, following a 0.5 percent contraction in the final quarter of 2022. Irish economist Philip Pilkington took issue with ‘Myopic Remoaners’, who place the blame for the UK’s economic difficulties solely on the 2016 decision to exit the European Union. Germany’s recession, he argued, indicates that Brexit can’t shoulder the entire blame.
Pilkington further warned against associating inflation issues solely with Brexit, pointing out numerous underlying causes across Europe, including the interruption of supply chains due to lockdowns and market disruptions caused by conflict in Ukraine.
Writing in The Telegraph, Pilkington criticised the notion that Brexit is the root cause of all UK’s economic issues, comparing Remainers to ‘conspiracy theorists’. He anticipates it becoming increasingly difficult to uphold the narrative that Brexit fears are becoming reality, as Germany, still part of the EU, also faces recession.
- Germany’s economy has contracted by 0.3 percent in Q1 2023, following a 0.5 percent contraction in Q4 2022.
- Economist Philip Pilkington criticises ‘Myopic Remoaners’ for attributing UK’s economic woes solely to Brexit, referencing Germany’s recession as counterpoint.
- Despite being part of the EU, Germany went into a technical recession before the UK.
