Pyrpoliser:
It fails to address the issue why the EU has failed. It supports the idea that UK would be better off out of the EU but that's a myth, they will simply strangle the potential of their already low exports to the EU while nothing will change regarding their exports to the rest of the world.
As I understood what the video guy was saying, it was having to conform to all these EU restrictive practices and the application of tariffs that prevents the UK exporting freely. Maybe I got it wrong?
For a start the EU was formed to provide a protective environment for EU products, just like the US had their own protective environment. The idea was to provide a shield mainly against cheap Chinese and other Asian products but also against the American ones, through a common taxation system while abolishing all taxes between member states.They finally realized such taxes can only reach a limit before actually promoting bad European quality, Vs better and cheaper Asian. Today most EU countries are actually net importers, and that's the reason the EU has failed.
I agree with that sentiment. Whilst the protective environment initially protected European manufacturers from cheap imports, the same protectionism has destroyed the very society they wanted to create.
UK will just cut half it's one foot by leaving the (already failed alright) EU because it will simply get self isolated. It should wait for the final dissolution of the EU. Unfortunately times have changed, both the EU and the US are on decline and there's no way back.
The choice as I see it is that either the UK stays and goes down with Europe as a whole or they split and go down on their own but at least having their destiny in their own hands. I have no doubt, having seen on TV the threats from our European partners, that they will make things as difficult as possible and that they, in turn, have the backing of other powerful countries outside the EU who will do exactly the same. We have seen that with Obama’s unprecedented ‘
advice’. Either way the UK is screwed, whether they stay or leave.
As you say, Europe and the US are in decline as economic powers, but at the moment they dominate the weapons markets, the financial markets and
(dare I mention it ) the international banking system. But the Russians and the Chinese are well on the way to the finalisation of a financial system which will not be allied to the US dollar but will trade in national currencies. I think the likely hood of a collapse of financial markets and the banking system if the UK leaves, is what concerns the US? Such turmoil can only add credence and enhance the Asian/Russian system.
Interesting times but very disturbing.