The fact that Greece/Italy/Spain/Portugual devalue the Euro below where a deutsche mark would be is a major component of Germany's success as an exporter over the last decade, and conversely those countries' inability to devalue their currency has caused them a great deal of pain.
Not according official GDP figures: http://ec.europa.eu/eurostat/tgm/table.do?tab=table&init=1&l...
> the Euro is failing
No evidence of that either.
> fiscal and banking mismanagement in Greece/Italy/Spain/Portugual are destroying German and British wealth
The UK government has one of the biggest deficits, as big as Portugal's actually. Only Spain and Greece are doing worse: http://ec.europa.eu/eurostat/tgm/table.do?tab=table&init=1&l...
Just wait and see what "destroying wealth" means.
England gave up on producing food during the Industrial Revolution, gave up on imperial colonialism after WWII and gave up on manufacturing after Thatcher. Now it is giving up on the services economy. It will be interesting to see what comes out of it.
Edit: Britain is not a paragon of fiscal responsibility. The only reason it hasn't been punished by the markets is because the markets are, to a great extent, in London. Things will change a lot.
But the very fact that you ask is an evidence that people are deliberately deaf to them. So, the best answer I can give you is "wait and you'll see".
http://ec.europa.eu/eurostat/tgm/table.do?tab=table&init=1&l...
In the same time period, US GDP rose from $49,979 to $51,486 [1]. But it shows the same drop as the EU figures: 2014 was the first year that GDP was higher than 2007 (the same in 2015 for the EU). Maybe there is a common factor that could explain the slump in both the US and EU GDP figures since roughly 2008? Or did EU policymaking also cause the US GDP to go down?
[1] http://www.tradingeconomics.com/united-states/gdp-per-capita
Source?
(I'm surprised more people aren't celebrating Brexit. Before Brexit, the EU had all kinds of problems. Now suddenly they've all been solved, apparently. The selfless sacrifice of the UK should be celebrated by the EU, since apparently all the bad stuff is going to happen to the UK, alone. That's the problem with the "turn up the heat" approach to making people do things in politics; it may make people more likely to do things, but not necessarily the things you wanted.)
Of course they haven't. But they're either problems which would exist without the EU (Syrian refugees) or problems of the Eurozone (which the UK has opted out of).
Greece had the opportunity to exit and didn't. I think because they realised that, although being in debt to the EU is bad, not being able to borrow money at all is worse.
The EU is not perfect (and the Eurozone is actually quite bad), but leaving it doesn't make it go away, doesn't address the problems that the EU is supposed to address.
To me, the dead giveaway is that nobody in the UK wants to 'own' Brexit. Farage, Johnson, Gove et al have all resigned and vanished. Why is that?
I have to say that the analysis of Brexit has been some of the worst "justifying a predetermined conclusion by hyper-local rationalizations" I've ever seen in politics, and that is saying something. You can tell something is a rationalization when it feels really satisfying, but if you try to take the rationalization out into the rest of the world it either makes no sense, or even outright contradicts the thing being rationalized. Whether Brexit is good or bad, it's going to have little to do with what I've heard from either side.
Who helps richest countries go richer? How can a country grow if there is no decrease somewhere else? Maybe a greater profit if you don't need to pay for a different currency?
Edit: With help I mean get cheap labour, cheap goods, cheap rent and even being able to sell in that country's market and export abroad.
[1] http://uk.reuters.com/article/uk-portugal-imf-repayment-idUK...
[2] https://ycharts.com/indicators/portugal_long_term_interest_r...
https://www.timeshighereducation.com/world-university-rankin...
Also: "The Times Higher Education (THE), formerly the Times Higher Education Supplement (THES), is a weekly magazine based in London, reporting specifically on news and issues related to higher education. It is the United Kingdom's leading publication in its field."[0]
Also https://www.timeshighereducation.com/news/the-titans-institu...
The Nature Index (http://www.natureindex.com/annual-tables/2016/institution/al... ) has CNRS 3rd, then the Max Planck institutes 4th, and the first British one, Oxford, is 7th.
It would be very hard not to conclude that it is actually Westminster that is retarding democracy.
1) Unlike EU commissioners, people can vote Theresa May out at the next general election. 2) The UK has a parliamentary democracy. It is not a presidential system. Theresa May was elected by her constituents. 3) Of the 14 prime ministers since the end of the Second World War, half of them (including Theresa May) assumed office between elections.
Or, maybe, the only thing Brexiters know how to do with problems and responsibilities is to "exit"/run away from them? (e.g.: Johnson, Farage, Leadsom,...)
Uh, .... are you implying the Brexiters never had a plan?