FOLLOWING David Cameron's momentous decision not to go along with the EU, I would like to put my point as I think he acted correctly for Britain.
The EU is financially unviable and wanted us to pay even more in bail outs that cannot, in my opinion, work. If Greece had not been in the euro when its troubles came it could have devalued its currency and put itself in a better position, but as it was in the euro it could only borrow money it could not repay.
When we joined the Common Market we joined a market of developed economies and neglected some of our old trading friends within the Commonwealth and around the world. The developed economies did not expand much because they were already developed whereas the rest of the world, where markets were developing, carried on without us.
We will not move away from the bulk of Europe, it is a geological impossibility, but we can avoid getting dragged into the troubles of the euro, a currency that due to the inequalities of its participant countries cannot work and must fail at a cost to all who are in it plus a few outside.
The EU is now going to have a fiscal union and this will be the countries in the euro, not the ones outside.
The fiscal union has been arranged to pay off debts too large to think about and has funds to pay for about six months. What happens then?
I hear that some say the EU has prevented war but look into history and it is only when a country has a dictatorial-style leadership that wars have been started by them, so don’t let’s even go there.
If the fiscal union is like the Titanic, thank goodness we are on the pier.
CLLR ALLAN GLASS, New Forest District Council, Holbury and North Blackfield.
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