sábado, julho 02, 2016

Leaving the EU means joining the world

Leaving the EU means joining the world:
I was just too young to vote in the 1975 referendum. I would have voted “Yes” to the European Community and I think I would have been right to do so. It had contributed to European peace by blurring French and German economic sovereignty. It was a free trade area in a world of high tariff barriers, albeit within a protectionist wall that excluded other countries and continents. It helped to halt Britain’s disastrous obsession with central planning.

Two decades later, the European project stopped being about economic growth (to this day it still has no trade deals with America, China, Japan, Brazil, India, Canada, Australia and Indonesia) and embarked on the drive for monetary and political union, embodied in the treaties of Maastricht, Amsterdam and Lisbon.

The result has been horrible.

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