GreersElbow
New member
It'd be so frickin' awesome if it became a federal union, so yes please.
Joking aside, the EU is very engineered towards German interests. I just had to do a 2,500 essay on the euro-crisis, upon the research. You might aswell draw the conclusion it's the 4th reich.
ECB banned from QE because it's against the German constitution
Low interest rates, argued by Germany helped fuel the Irish housing bubble that burst bought the entire Irish economy on to its knees.
Competitiveness in the Eurozone has meant Greece had to utilise cheap money markets to stay afloat and try to modernise its infrastructure and then almost collapsed because of the credit crunch.
Germany benefitted the euro crisis, the economy is of course not doing too well. But nonetheless, since the crisis, Germany's unemployment rate has dropped with exports increasing due to a weakened euro.
If the EU continues to be dominated by Germany, then we should look at alternatives. However, we are still bound by what goes on in the EU. As they stupidly left out an exit mechanism/strategy, the idea of a country ditching the euro panics the EU. So perhaps, it could play out well for Britain to utilise this as leverage in negotiation. The reality is, weak Eurozone member states are shit scared of Germany. Proven at the 2010 Deauville Summit where Sarkozy and Merkel decided (against the ECB's advice, incredible that the ECB is ignored, again...) that they'll inject credit risk into the euro zone, which made financing for the weak Eurozone members much more expensive. They had no way of making their economies more competitive.
TL;DR. Must be circumstantial to the negotiations. If they don't go our way, we'll have to leave and hope others follow suit.
Joking aside, the EU is very engineered towards German interests. I just had to do a 2,500 essay on the euro-crisis, upon the research. You might aswell draw the conclusion it's the 4th reich.
ECB banned from QE because it's against the German constitution
Low interest rates, argued by Germany helped fuel the Irish housing bubble that burst bought the entire Irish economy on to its knees.
Competitiveness in the Eurozone has meant Greece had to utilise cheap money markets to stay afloat and try to modernise its infrastructure and then almost collapsed because of the credit crunch.
Germany benefitted the euro crisis, the economy is of course not doing too well. But nonetheless, since the crisis, Germany's unemployment rate has dropped with exports increasing due to a weakened euro.
If the EU continues to be dominated by Germany, then we should look at alternatives. However, we are still bound by what goes on in the EU. As they stupidly left out an exit mechanism/strategy, the idea of a country ditching the euro panics the EU. So perhaps, it could play out well for Britain to utilise this as leverage in negotiation. The reality is, weak Eurozone member states are shit scared of Germany. Proven at the 2010 Deauville Summit where Sarkozy and Merkel decided (against the ECB's advice, incredible that the ECB is ignored, again...) that they'll inject credit risk into the euro zone, which made financing for the weak Eurozone members much more expensive. They had no way of making their economies more competitive.
TL;DR. Must be circumstantial to the negotiations. If they don't go our way, we'll have to leave and hope others follow suit.
Does major industry players count as media or not? Because many have warned about leaving the EU. This argument that we'll be fine is an implied assumption that businesses will want to do business with a small island rather than a regional body. The benefits of trading with a regional body is cost, it's cheaper for businesses too because of universal EU regulations rather than 27 independent states.if they want to play childish little games like that then let em, it will only prove they weren't worth being with in the first place.
despite what the media will have you believe a country that imports far more than it exports does not need the likes of the EU for it to be able to stand on its own 2 feet...the customer always wins.
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