
Originally Posted by
Louis VI the Fat
1. With Ireland subsidising market share by grossly undercutting British and European corporate tax rates, courtesy of and funded by the EU)
2. This system relies on an internal market. Without it, the US companies would have to divide their UK investments over all their different European markets. There would be no point in centrally conducting all European business from the UK if there was no unhampered flow of goods and capital in a common market. These unhampered flows rely on legal harmonisation, and would be greatly served further by a common currency.
3. This is why there is so little desire amongst British political and financial elites to leave this system. They see no reason for the UK to voluntarily give up this gift from God, this central position in world trade, simply for tabloid outrage over mythical banana shape regulation, or for blathering buffoons who insist that it is 1933 and the EU nazi-Germany reincarnated.
4. London is to the Atlantic what Hong Kong is to Asia. Even the Chinese commie autocrats were not stupid enough to slaughter this goose with the golden eggs. After regaining sovereignity over Hong Kong, they took painstaking care not to interfere with its workings and position. Very unlike the UK, where the ill-adviced anti-EU sentiment forever demands Westminster pulls out from underneath Britain the very foundation on which the UK economy is build.
5. When the Empire was gone, Britain was bankrupt. It had lost its function as global centre. A poor, obsolete country, that is what Britain was before it joined. It is the EU that has given Britain a new chance at the position of pivot in global trade. De Gaulle understood this when he wanted the Britain to stay out - why give the British another shot? And, why bring in this Trojan Horse of Anglosaxon ultra-capitalism?
6. One of the great ironies of the EU is that precisely its engine, France-Germany, has the least to gain from it economically. France is in it for maintaining its position as great power, or, more positively, to fulfill its vocation of spreading democracy across the continent (or shaping Europe in her own image, for you cynics). Germany is in it for its history, to find its place within Europe at last. The UK is in it for the money. Conflicting interests - as it should be, because the interaction between conflict and competition on the one hand, and cooperation and exchange of ideas on the other, is what historically has been the strength of Europe.
7. But, just why the popular image of the EU within the UK should be that the EU is but an elaborate scheme to release Britain of its wealth is beyond me. To use Napoleon's characterisation: a nation of shopkeepers, that's what it is. Can't see beyond the pennies in front of them.
A measly few hundred million pounds to pay for EU services, to maintain stability and democracy, and to development the market by stimulating periphral regions. That's all the EU costs Britain. In exchange, it finds itself at a phenomenally great position to amass fabulous wealth.
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