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You're going to be down voted here on HN, sorry in advance. Wrongly or rightly (we'll see), Brexit was about control. The UK having such control allows them to

by bArray 6y ago

You're going to be down voted here on HN, sorry in advance. Wrongly or rightly (we'll see), Brexit was about control. The UK having such control allows them to more easily adapt to their unique local situation, and by extension to external agents. > The linked Twitter thread points to how much better run > the EU system is. A few days in and people are already claiming it was a mistake (big surprise) - really not long enough to see the results of anything. My guess is that we'll have a good idea in the next 6 months, once the paperwork is really rolled out and businesses have a better idea of what to expect, the markets should be settled. > Were remainders ceding tax authority to the EU because > they were more competent? This is what I find crazy. In fact, it is well documented that most Countries are well under their projected targets [1]. Germany seems to be the only real winner. [1] https://www.cep.eu/fileadmin/user_upload/cep.eu/Studien/20_Jahre_Euro_-_Gewinner_und_Verlierer/cepStudy_20_years_Euro_-_Winners_and_Losers.pdf https://www.cep.eu/fileadmin/user_upload/cep.eu/Studien/20_J...

klelatti 6y ago
That link's about the Euro which is a separate (but related) debate from the wider EU point. The impact of the Euro on different member states is well understood and predicted.
- bArray 6y ago
  > That link's about the Euro which is a separate (but > related) debate from the wider EU point. Good point, but almost every (or now every?) Country in the EU uses the Euro? I don't know how you could separate the effect of the currency and Union itself?
  - klelatti 6y ago
    Denmark has a permanent opt-out and Sweden, Poland etc haven't adopted yet and no timetable. I'm not an economist but I think at the highest level the impact of the Euro (devaluing their currency helps big exporters like Germany) are reasonably well understood and predicted. The impact of being in the EU (ex Euro) is a bit more difficult to quantify (see UK referendum) apart from the net payments (Germany pays in, UK paid in, Poland, Czech Rep etc receives). I don't think these payments are linked in any way to the Euro.

by bArray 6y ago

klelatti 6y ago

That link's about the Euro which is a separate (but related) debate from the wider EU point. The impact of the Euro on different member states is well understood and predicted.

bArray 6y ago
> That link's about the Euro which is a separate (but > related) debate from the wider EU point. Good point, but almost every (or now every?) Country in the EU uses the Euro? I don't know how you could separate the effect of the currency and Union itself?
- klelatti 6y ago
  Denmark has a permanent opt-out and Sweden, Poland etc haven't adopted yet and no timetable. I'm not an economist but I think at the highest level the impact of the Euro (devaluing their currency helps big exporters like Germany) are reasonably well understood and predicted. The impact of being in the EU (ex Euro) is a bit more difficult to quantify (see UK referendum) apart from the net payments (Germany pays in, UK paid in, Poland, Czech Rep etc receives). I don't think these payments are linked in any way to the Euro.