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A Suburb in Stockport

10 10 / 10 from 9 Reviews

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OliverJohnstone posted..

The idea of better the devil you know is seriously flawed. The economic picture for the Eurozone is shaky at best.

1. The Greek sovereign debt crisis is coming back again as they are due to fork out another 300bn or so over the summer. There are issues over pension and tax reform rising.

2. Deutsche Bank (a behemoth of the German financial sector) is experiencing serious difficulties which if prolonged and severe enough would have profound consequences for the European economy.

Turning to the idea of not having a clue what happens if we leave - it is an unfair expectation of the leave campaign in many ways. Those who want to leave are not an entity like a political party that advocates one specific policy alternative. Those who want to leave are heterogeneous and have varying opinions. The stay campaign are similarly as divided with what happens in Europe if we choose to remain, but they aren't expecting to draw up a 5 year plan.

I have my view on what should and could happen after a Brexit but it is not universal across the Leave campaign. Neither is the idea of a post-remain victory EU the same across every EU supporter.