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Brexiteers in meltdown after crowds wave EU flag at Last Night of the Proms
(leftfootforward.org)
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As someone who remembers the effect of crashing out of European fiscal union (I was just start university), the prospect of not having fiscal independence worries me. We tried before and it didn't work. It's the one aspect of the EU I am against (of any substance). The situation we had before was a good one IMHO, but I doubt we can get that back now.
If we can build some bridges, get back the joint ventures and co-operations, then maybe we can get 80-90% of the damage of Brexit mitigated. I'm so angry that we left, but if the road back in means fiscal union then I'm not sure it's worth it.
At this point I think it would help interest rates and a great many other indicators if Britain adopted the Euro. Shit, it’s not like our economy is booming. Sick man of Europe and all that.