Reading through the UK General Election thread I read a number of posts about the upcoming In/Out EU referendum and how it might be a disaster for the UK if we did leave the EU.
for example:
I'm not sure I agree with the depression part of this. I think there is scope for us to leave the EU 'proper' but still remain a trading partner.
In an ideal world I'd like to see us end up with a similar status to that of Norway, where the UK is a trading partner in the EU but is not a fully fledged member state of the EU.
I think that if it's going to be a viable thing in the future the EU needs to become a "Federal European State" where all member states cede lots of power to a central EU authority, particularly fiscal policy. i.e. we become the 'United States of Europe'. I don't think that this would be a bad thing, but I can't see it ever happening in my lifetime. Having linked monetary union and a single currency and then also not having linked fiscal policies is a recipe for disaster, as Greece is currently demonstrating (soon to be followed, probably, by Spain, Portugal, Italy and Ireland)
I think the EU as a whole should back track to a free trade kind of thing and abandon the Euro entirely, I can't see that happening either to be honest.
One of the smartest (or luckiest depending on your POV) things we did as a country was to stay with £sterling and not change to Euros.
I do agree that if we got out of the EU entirely that would be a very bad thing, but I doubt very much if that is one of the options offered in this referendum. Our economy depends far too much on trade with EU nations.
It will be interesting to see which OUT option is offered. Will we see the Hotel California trading partner 'Norway status' OUT - or will the govt go all-in and put the 100% totally out OUT, option on the ballot paper?
interesting times ahead.
If the SNP get their wish and put a clause into the referendum whereby all 4 countries of the UK must agree to leave the EU for it to actually happen, then the whole thing becomes a bit moot. There'll be fireworks over that no doubt.
for example:
Quote:
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Originally Posted by The Don (Post 10639317)
I will do everything I can to prevent it, but a result of this election is that there's a very real chance that my company will be out of business in two or three years and that the UK economy will hit a depression which will make the last seven years look like a cakewalk.
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In an ideal world I'd like to see us end up with a similar status to that of Norway, where the UK is a trading partner in the EU but is not a fully fledged member state of the EU.
I think that if it's going to be a viable thing in the future the EU needs to become a "Federal European State" where all member states cede lots of power to a central EU authority, particularly fiscal policy. i.e. we become the 'United States of Europe'. I don't think that this would be a bad thing, but I can't see it ever happening in my lifetime. Having linked monetary union and a single currency and then also not having linked fiscal policies is a recipe for disaster, as Greece is currently demonstrating (soon to be followed, probably, by Spain, Portugal, Italy and Ireland)
I think the EU as a whole should back track to a free trade kind of thing and abandon the Euro entirely, I can't see that happening either to be honest.
One of the smartest (or luckiest depending on your POV) things we did as a country was to stay with £sterling and not change to Euros.
I do agree that if we got out of the EU entirely that would be a very bad thing, but I doubt very much if that is one of the options offered in this referendum. Our economy depends far too much on trade with EU nations.
It will be interesting to see which OUT option is offered. Will we see the Hotel California trading partner 'Norway status' OUT - or will the govt go all-in and put the 100% totally out OUT, option on the ballot paper?
interesting times ahead.
If the SNP get their wish and put a clause into the referendum whereby all 4 countries of the UK must agree to leave the EU for it to actually happen, then the whole thing becomes a bit moot. There'll be fireworks over that no doubt.
via International Skeptics Forum http://ift.tt/1czfnd6
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