Originally posted by The_Equalizer
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So you really think if the EU migrants leave, wages will go up?
What's more likely to happen is larger companies (the volume employers, the ones that matter) relocate to where labour is cheaper, thus hollowing out the economy, thus fewer jobs and more people chasing them, depressing wages further.
There are many places in Europe, particulalry Eastern Europe, where you get a better educated population for much cheaper.
Take the car industry e.g. if tariffs are introduced it'll be a no brainer to move to Slovenia or Spain both of which have good workers for cheaper wages and a car making infrastucture in place.
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