Belfast Telegraph

UK’S parlous financial state shows why Brexiteers were fully justified

- BOB GRANVILLE Newtownabb­ey, Co Antrim

YOUR correspond­ent Observer (Write Back, January 5) resorts to classifyin­g Brexiteers as lying, poisonous English nationalis­ts: they have “no cogent economic argument that would lay the basis for a future financiall­y successful, egalitaria­n society”.

Since I have already given one “cogent economic argument” (Write Back, December 23), I can only assume that Observer either hasn’t read it, or chooses to ignore it, so I will summarise. Alban Maginness (Comment, December 16) and Rev Dr John Cameron (Write Back, December 13) also resorted to insulting Brexiteers (insane and scoundrels respective­ly).

Remainers insisted the thriving, stable state of the UK economy was mainly due to our EU membership, which gave tariff-free access to the single market. Remaining was, therefore, vital for a stable economy.

One must agree that EU membership is, indeed, responsibl­e for the state of our economy, but claims of economic stability are patently false. I now challenge Observer and fellow travellers Rev Dr John Cameron and Alban Maginness to explain how the UK’S spiralling national debt over 15 years equates with a stable economy.

A line is crossed when national debt overwhelms gross domestic product and bankruptcy is inevitable. Unless radical changes are made, it is a matter of time before GDP is engulfed.

Angela Merkel forced David Cameron to introduce austerity measures or face penalising of our credit rating with an inflated interest rate, but our debt still escalated.

There certainly were a core of influentia­l people — both Brexiteers and Remainers — who spread disinforma­tion, but Remainers who can’t distinguis­h between spiralling debt and a stable economy are equally guilty of propagatin­g fake news.

To generalise and imply that all decent UK people, from four countries, who voted for Brexit, are poisonous English liars and scoundrels is inexcusabl­e.

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