Read the Beforeitsnews.com story here. Advertise at Before It's News here.

By Tea with FT (Reporter)
Contributor profile | More stories

Story Views
Now:
Last hour:
Last 24 hours:
Total:

Beware of Brexit EU. Britain might not use Euros, but that does not mean the Euro is totally independent of Britain

Sunday, January 29, 2017 11:23

% of readers think this story is Fact. Add your two cents.

Sir, Tim Harford writes: “Imagine detaching your steering wheel and flamboyantly discarding it as you race headlong towards your opponent. Victory would be guaranteed. Nobody would drive straight at a car that cannot steer out of the way.”, “Brexit as a game of Chicken” January 28.

It reminded me that in 1998, on the eve of the Euro, I wrote an Op-Ed titled “Burning the bridges inEurope”, because “in all the abundant legislation that regulates this process, there is no mention whatsoever of how to manage the withdrawal or future regret of any of the union’s members.” That sure was something like discarding the steering wheel.

But looking back at the Euro now, I have also come to believe that part of the glue that has helped the Euro hold together, has to do with the feeling that Britain in EU would be able to help arbitrate and reduce the frictions between Euro’s so dissimilar members.

Therefore the Eurozone should very carefully consider what a bad Brexit would do, not solely to the EU, but also to the Euro.

Sir, Hartford also writes: “May badly needs to sign a deal with someone –Trump, perhaps, or China’s president Xi Jinping. But neither Trump nor Xi badly need to sign a deal with her. This is not a great starting point.”

I am not so sure about that. The way Trump seems to be digging himself into a hole, he might very well need to sign a big deal with someone. Perhaps “A New English Language Empire”?

@PerKurowski

Source: http://teawithft.blogspot.com/2017/01/beware-of-brexit-eu-britain-might-not.html

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).

Comments

Online:
Visits:	1,599,388,364
Stories:	8,138,966