The EU and Euro fallacy

EU flagWe seem to have the debate narrowed down to two issues, one on each side:  Remain are saying the economy will collapse if we vote to leave.  Leave are saying immigration will put impossible pressures on our public services and jobs for British people if we stay.

I think this is over-simplistic and it seems to view the EU as a freeze-frame that will not change in the foreseeable future.  This is nonsense.

There may well be an impact on our economy immediately after a Brexit vote.  If so, it will be down in part to David Cameron and his banker, academic, big business and institutional friends who have talked up the impact of Brexit.  However, in the medium term, I am convinced that the Eurozone and the European Union are both fated to collapse and I would prefer to be out before that happens.

The Eurozone is so obviously unsustainable with Greece, Italy or even France threatening bail-out demands and with all of us facing the cost of financing these bail-outs.

Michael Gove

Michael Gove

However and longer term, a loose federation of 28 states plus all the others in the queue is so obviously bound to collapse that I do not understand why people do not see the long term fragility of the EU unless it changes and centralises and I am sure we do not want to be part of that.  Michael Gove spelled this out clearly on Sky TV tonight and I thought he did really well, coming over as human, convinced and convincing.

So, I have a simple message to anyone who reads this.  The option to REMAIN is as dangerous and fraught with doubt as the option to LEAVE.  The difference is that, if we do vote to LEAVE, we will have our destiny in our own hands and we will be the country that has out-performed economically every other member of the EU.


About Keith R Mitchell CBE

Qualified as a Chartered Accountant in 1967. Pursued a successful career in financial training and publishing until selling his interests in 1990. Elected a County Councillor for the Bloxham Division in 1989. Leader of Oxfordshire County Council 5 November 2001 to 15 May 2012. Chairman of the South East England Regional Planning Committee July 2002 to July 2005. Chairman of the South East England Regional Assembly July 2005 to July 2008. In HM the Queen’s 2007 Birthday Honours, appointed a Commander of the Most Excellent Order of the British Empire in recognition of services to local government.
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