Quote

"For like a shaft, clear and cold, the thought pierced him that in the end the Shadow was only a small and passing thing: there was light and high beauty for ever beyond its reach." -- J.R.R. Tolkien

Monday, April 25, 2016

Brexit: Further Analysis

After talking to more people and finding this article which added more information to the additional dimensions regarding the Brexit option, I have to offer apologies for oversimplifying the Brexit issue in my last post.

So, to my British readers, I am sorry for over-simplifying the issue.  The cultural and sovereignty issues are significant, and I did not consider these in my previous post discussing Brexit.



However, the added complexity has not changed my overarching opinion, simply nuanced it more.  The trade benefits that the EU offers are worth remaining the EU for, but national sovereignty must be maintained.  I still think that they should remain part of the EU, but they also need to make it very clear to the EU that in the event of a disagreement between EU and British policy, the EU policy will simply be ignored.  That way, they avoid having to renegotiate all of the trade agreements with the EU.  They can pull the same card from their own history with the U.S., namely the "f**k you stance."

The British are in a real bind now, not completely of their own doing.  The stipulations foisted upon them by the EU are probably going to force them to exit the Euro system and even that will be a long and vindictive process.  This is better than tying the British train to the EU just as it goes off of the fiscal cliff.  If they do decide to remain with the EU, a healthy and readily usable pool of "f**k you" needs to be at hand to tell the EU to go jump in the lake on issues of national sovereignty.  At least if they are forced out by the EU, it will hopefully expedite the process, and leaving the ball in the EU's court will force the EU to do their own soul searching.

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