Re:EU wants to require platforms to filter uploaded content,...
by tonyedgecombe on Thursday March 15, 2018 @05:50PM
(#16596810)
It seems extremely unlikely all 26 of the 28 are going to join the Euro, most of them are dragging their feet over it and I wouldn't be surprised to see some (Italy?) even drop out.
I always thought that talk of ever closer union was scaremongering just like the threat of an invasion of people from Turkey. Possible in theory but the reality is somewhat different.
Trade outside of the EU isn't impossible, Germany sells three times as much to China as we do. If we were really worried about that we would have done something about it years ago. The reality is even in the modern globalised world most of your external trade is going to be with near neighbours.
Personally I think closer union is a good thing in principle but the fly in the ointment is our lack of fiscal discipline. If we had been in the Euro we would probably have suffered as much as Greece has. Even if the vote had gone for remain there was almost zero possibility of us joining the Euro.
This isn't to say the EU is perfect, there is plenty of room for improvement, I just think on balance we were better in than out and there are severe risks if the whole thing collapses.
I always thought that talk of ever closer union was scaremongering just like the threat of an invasion of people from Turkey. Possible in theory but the reality is somewhat different.
Trade outside of the EU isn't impossible, Germany sells three times as much to China as we do. If we were really worried about that we would have done something about it years ago. The reality is even in the modern globalised world most of your external trade is going to be with near neighbours.
Personally I think closer union is a good thing in principle but the fly in the ointment is our lack of fiscal discipline. If we had been in the Euro we would probably have suffered as much as Greece has. Even if the vote had gone for remain there was almost zero possibility of us joining the Euro.
This isn't to say the EU is perfect, there is plenty of room for improvement, I just think on balance we were better in than out and there are severe risks if the whole thing collapses.