When was the last time you saw UK salaries keep pace with inflation? The only time real wage growth has been lower than it is at present excluding the slumps immediately after the two world wars was the mid 19th century.
and that's before we even get onto the 10s or even 100s of thousands who will be out of work as companies scale down their UK operations.
How will the continuing slump in the pound not compound things when the vast majority of items we consume on a daily basis are imported?
How do you figure a slump in housing prices and the ensuing negative equity will not affect the average Joe? How about the devaluation of pension funds and investments dooming people to having to work 10-15 years longer than they should, if they can find the work?
The Rees Moggs, Johnsons and Goves who have hedged their investments against a UK economic crisis will be fine but UK industry and the average Joe will be well and truly fecked.