It is bad for the UK, but it doesn't matter. This is about emotions, not about money.
EDIT: Historian Simon Schama comments dramatically on UK secession, saying Scotland will not be coerced into leaving the EU. Meanwhile EU-CN gap widens to €20.
EDIT: Historian Simon Schama comments dramatically on UK secession, saying Scotland will not be coerced into leaving the EU. Meanwhile EU-CN gap widens to €20.
When does Simon Schama not talk dramatically.
The failed currency union of the EU is bound to unravel sooner or later anyway. No monetary union without fiscal union - the current mess in Greece and in other southern and periphery nations is a result of this halfway house. When you hear a government talking about reparations from Germany for WWII, you begin to see the heavy irony of a project once designed to seed harmony in to the hearts of the disparate peoples of Europe.
