4 ms·

> that would imply that fixing it would be easier than it actually is I assume the self-inflicted part is leaving the common market / customs union... and rejo

> that would imply that fixing it would be easier than it actually is I assume the self-inflicted part is leaving the common market / customs union... and rejoining this is not easy at all. I think it might be politically impossible for at least 10 years.

lotsofpulp 4y ago
I wonder if EU would let UK join without adopting the Euro. The UK seems to have lost a lot of its negotiating power that let them keep the GBP the first time.
- kcartlidge 4y ago
  > I wonder if EU would let UK join without adopting the Euro. The UK seems to have lost a lot of its negotiating power that let them keep the GBP the first time. If the UK rejoined (assuming it was welcome after the last few years) I find myself wondering if forcing us (I'm British) to go all the way - into the Euro and onwards to full participation in everything - might actually be a good idea. There are some aspects which taken in isolation may not be that great an idea (eg a Euro which includes such a variety of economies), but contrast that with the last approx half century where we've been the wall-fly. The one who goes to the dance, but hangs around the edges and never really joins in. Half-hearted commitment can often be worse than none at all, and being forced to commit fully in order to be able to rejoin may well be the making of a better UK that takes it seriously and helps drive things forward. Possibly.
  - substation13 4y ago
    What the UK had before was pretty much "EU membership the good parts" - and (a slim majority of) the public rejected that. Is full membership really possible?
    - gort19 4y ago
      That was a slim majority of who voted at the time. Leave voters heavily skewed older. Even just taking out the people who have died since the vote would result in a remain vote. 15 years worth of younger voters would overwhelmingly vote for remain. Unless they change their minds in the meantime.
  - the_why_of_y 4y ago
    Half the countries in the EU don't use the Euro. Many economists recommend against a currency union without possibility of fiscal transfers to deal with asymmetric shocks, predicting what happened in the years after 2008.
jsemrau 4y ago
I'd agree after watching this YT video by the Financial Times. Suddenly having to pay import taxes led many companies to move operations to mainland Europe. https://www.youtube.com/watch?v=wO2lWmgEK1Y https://www.youtube.com/watch?v=wO2lWmgEK1Y

lotsofpulp 4y ago

I wonder if EU would let UK join without adopting the Euro. The UK seems to have lost a lot of its negotiating power that let them keep the GBP the first time.

kcartlidge 4y ago
> I wonder if EU would let UK join without adopting the Euro. The UK seems to have lost a lot of its negotiating power that let them keep the GBP the first time. If the UK rejoined (assuming it was welcome after the last few years) I find myself wondering if forcing us (I'm British) to go all the way - into the Euro and onwards to full participation in everything - might actually be a good idea. There are some aspects which taken in isolation may not be that great an idea (eg a Euro which includes such a variety of economies), but contrast that with the last approx half century where we've been the wall-fly. The one who goes to the dance, but hangs around the edges and never really joins in. Half-hearted commitment can often be worse than none at all, and being forced to commit fully in order to be able to rejoin may well be the making of a better UK that takes it seriously and helps drive things forward. Possibly.
- substation13 4y ago
  What the UK had before was pretty much "EU membership the good parts" - and (a slim majority of) the public rejected that. Is full membership really possible?
  - gort19 4y ago
    That was a slim majority of who voted at the time. Leave voters heavily skewed older. Even just taking out the people who have died since the vote would result in a remain vote. 15 years worth of younger voters would overwhelmingly vote for remain. Unless they change their minds in the meantime.
- the_why_of_y 4y ago
  Half the countries in the EU don't use the Euro. Many economists recommend against a currency union without possibility of fiscal transfers to deal with asymmetric shocks, predicting what happened in the years after 2008.

jsemrau 4y ago

I'd agree after watching this YT video by the Financial Times. Suddenly having to pay import taxes led many companies to move operations to mainland Europe. https://www.youtube.com/watch?v=wO2lWmgEK1Y https://www.youtube.com/watch?v=wO2lWmgEK1Y