For how much longer will one country subsidise the rest of the EU?

Despite strong calls for more precise information by many of the British electorate in the present EU referendum kerfuffle, little more than what amount to earnest affirmations are being offered by both sides.

Those who want Britain to stay in the EU can give no convincing explanation of how the EU can ever achieve a common budgetary and taxation system for all its members. Those who want Britain to remove itself from the EU cannot specify what export markets it must develop if the Brussels’ bureaucracy plays nasty tariff tricks on our existing level of exports to Europe.

Neither side can explain why an association of 28 different cultures speaking 28 different languages can hold itself together for much longer when only Germany is actually adjusting with a positive balance of trade in the new economic world that came about when China went freelance in 1979.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s