The Chinese must be so confused. They fought long and hard to be admitted to the WTO only to be fiscally attacked by the EUSSR for being competitive at making clothing.
The end to poverty in the world will come when the markets balance the wages in the world between the West and the rest of the world. At the moment our high wages (but compensatory high cost of living) means that we cannot reasonably compete with China head to head. Protectionism, I thought, was an outdated concept and certainly one that the UK had given up upon…
The EUSSR, however, has continued down the pre-Thatcher road of economic mismanagement and we are collaborators. We must renegotiate membership of the EU or, and this is my personal feeling, withdraw and negotiate free trade and membership of Schengen as the Norwegians have.
Other Anti-EU posts
Unio Europaea Delenda Est
20 June 2005 - A “cobbled together compromise” (Old blog)
6 June 2005 - EU Constitution (Old blog)
29 May 2005 - France’s Referendum (Old blog)
16 May 2005 - Companies to boycott (Old blog)
20 April 2005 - Defeat the Constitution (Old blog)
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