Quote:
Originally Posted by Kapitan
Is this exactly what the EU is all about ?
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I don't think so.
"Punitive tarriffs on whatever are of course protectionist measures but they keep people in jobs and help push for better production and environmental standards. If you produce something that has to meet certain standards you have to comply, you have to fulfill all local requests, which does not apply for products from abroad.
Without protective measures western producers would not hold out long against chinese competition. If they would not do it a lot of european production would vanish. And all protective measures of the EU have been accepted by the WTO."
The finance sector profits on a vast scale from free trade (read: London).
"Problem is there are no global rules for taxation, allowing big companies to park their capital in offshore tax havens like Cayman islands, or Panama." An idea invented in England, but gladly followed by others. And the ten percent that hold 99,5 percent of the world capital will see to, that this never changes. And b.t.w. they are not the "left" for sure.
So this is why just of all
the EU will fail? The EU is after all more behind the idea of equal rights and sometimes idiotic idealism, if it fails it is because of that. So I agree the EU does a lot wrong and has to change, but why do you think that England did, does or will do any differently? Because of what? Fairness? The UK? Towards Africa? Good luck explaining sustainability and intelligent protectionism to the banks.