I actually think full membership is pretty unlikely, at least in the short to medium term. Well, unless we get a Lib Dem majority government (not going to happen). The far-right hate the EU because their brains have been cooked on Telegraph and Murdoch slop and the left is flirting with MMT, something the fiscal rules of the Lisbon treaty prohibits.
Modern Monetary Theory. Technically it’s just a description of how money works, but MMT people tend to advocate positions about increasing spending and that government debt isn’t actually a factor in the state of the economy.
Even with a LibDem majority government I don’t think it would be a currency union. They’re rejoiners for sure, but I think it’s to re-establish what was lost. Not go further.
The keep your own currency deal and stay out of Schengen permission was only ever for existing members. It isn’t open to new joiners. Neither is the membership fee rebate, which was only ever for us.
Not going further is a power we used to have, but lost permanently when we left.
I actually think full membership is pretty unlikely, at least in the short to medium term. Well, unless we get a Lib Dem majority government (not going to happen). The far-right hate the EU because their brains have been cooked on Telegraph and Murdoch slop and the left is flirting with MMT, something the fiscal rules of the Lisbon treaty prohibits.
What is MMT?
Modern Monetary Theory. Technically it’s just a description of how money works, but MMT people tend to advocate positions about increasing spending and that government debt isn’t actually a factor in the state of the economy.
Even with a LibDem majority government I don’t think it would be a currency union. They’re rejoiners for sure, but I think it’s to re-establish what was lost. Not go further.
The keep your own currency deal and stay out of Schengen permission was only ever for existing members. It isn’t open to new joiners. Neither is the membership fee rebate, which was only ever for us.
Not going further is a power we used to have, but lost permanently when we left.