Colin Barron
pfm Member
The UK has just wasted as much money preparing for and negotiating BrExit as it put into the EEC/EU during it's 47 year membership (£100/person/year?)...
Either the UK has a magic money tree or the "move" wasn't particularly intelligent from an economical perspective.
And I am not counting the economic benefits that the UK reaped during that period.
Since the UK cannot have the cake and eat it there won't be a free trade agreement. That means more costs/less profit than being a member. And to trade the UK will have to comply with the rules and regs and still be subject to the/a court, with the drawback of not being able to participate in either (the UK becomes a de facto vassal state).
Your first positive is a negative.
You are speculating, twice.
First, you don't know if the EU will become a Federal State.
Second, if it does, you don't know if/whether it won't work. The US and Russia are Federal States, you could even say that about China, India or Brasil. And they're mighty, whilst the UK...
Your second positive is not even related to the UK. But it might impact the UK's future, negatively.
True we cannot Know for sure how close to a federal EU with centralised political and financial control will occur, but that is the direction at the moment and some would say it has been since we joined the EEC.
A Federal Europe may work but expecting frugal countries to pay for other countries who cannot balance the books is never going to end well.