Thursday, June 23, 2016

Not everything is about the money. . .

in fact a lot of things aren't.

Maybe most of them aren't.

Which is why I'm sick to death of reading "How Brexit may effect your portfolio".

Yes, a lot of the British are voting to leave the EC. And yes it'll have some effect (probably a lot less dramatic than claimed) if they do on their economy, on Europe's economy, and on our economy.

And they know that.

But so what?

That's not what the vote is about, and the analysts who seem to think it is are out to lunch.

Questions of sovereignty have little to do with economics.  Ireland would have been better off staying in the UK right after World War One. Yugoslavia made better economic sense than Serbia, Croatia, Slovenia and Bosnia.  Czechoslovakia was certainly a better economic unit than the two countries it ended up being.

And Switzerland, in terms of its economy, ought to join the EC.  Canada, if its thinking only of money, should become part of the US.

But that's now how people think, nor do we want them to think that way.  It's sad that so many do think that way. 

Whether the UK should get out, or stay in, the EC, isn't a question solely based on pounds and euros.

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