| Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:The Will of the People and Brexit | |
| Posted by: | Andy Jones | |
| Date/Time: | 26/06/18 10:04:00 |
| 'Remoaners wont be happy until they get the result they want. I find this attitude one of the most un-democratic you could imagine.' Isn't it the very essence of democracy that anyone with a view should keep stating it until they can persuade the majority that they are right? In this particular case that already seems to have happened with the majority now in favour of Remain. Shouldn't the will of the majority be reflected in Government policy. "Goldman Sachs and Merkel have administered punishment to the Greek people and in Portugal, Spain and the Mediterranean coasts we have seen a rise in poverty and problems. The central area of Europe grows in power and the people in the centre resent subsidising the so called feckless poor of the south. " You can't really have it both ways on this - are 'Goldman Sachs and Merkel' punishing the southern economies or subsidising them? The reality is that a large part of the international banking system including British banks have extended substantial loans to this area. The only way these loans will ever be repaid is by continuing fiscal reform in these countries and tackling vested interest. Default and dropping out of the Euro will end the need to do this but it won't make the lives of the people in these countries any better. 'The Euro meant that manufacturing became uneconomic in Portugal as it was saddled with German level costs.' The economic data doesn't bear this out. Portuguese export growth has been very strong for the last seven or eight years. Most economic analysts would agree that the main problem the country has is restrictive labour practices which have resulted in very high rates of youth unemployment "Then there’s a UK sized hole in the membership which Brussels will want to deal with....step forward Turkey? Oh dear....!" This is just plain untrue. The chief advocate for Turkish membership of the EU was the UK. There was massive resistance from most other members and there continues to be so. This opposition existed when democracy was reasonably robust in Turkey. Under Erdogan there is zero chance of EU membership even being a theoretical discussion. Don't get confused by Turkey aligning its economy with the Customs Union and the Single Market. They have to do this because it would be economic insanity to be on the borders of the Single Market and exclude yourself from trading with it. |