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Deleted Member 1156
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I wish I could 'Like' this post multiple times, well said Sir!There are structural global changes in the world economy as re-alignment takes place around energy, raw materials and environmental pressures. China, India, South America and Africa are changing fast and will open new markets. The EU project is outdated having developed from a political idea after WW2 because of the need to keep Germany and France locked together and then help the German steel industry. It is now just a restrictive trading bloc which simply takes money from the wealth creating members and gives it to the uncompetitive sectors/members (e.g French agriculture etc). In recent years they have kept demand alive by giving away money (QE) but now the receivers (France, Italy, Greece, Spain et al) are in so much debt and uncompetitive they can't possible earn/sell enough to pay the interest let alone pay any capital it back.
The EU market is shrinking the UK needs to break out, noises in German suggest they can't afford the EU cost.
Remaining would be the most stupid and shortsighted thing the UK could possible do. The UK must leave, any short term 'pain' (which I don't accept will be major) will be worth it otherwise the UK will be soaked with a share of EU debt and become poorer and evermore growth restrained.