Son of Leeds wrote:
From The Economist:
The 23 members of the new pact, if they act as a block, can outvote Britain. They are divided among themselves, of course. But their habit of working together and cutting deals will, inevitably, begin to weigh against Britain over time.
Britain may assume it will benefit from extra business for the City, should the euro zone ever pass a financial-transaction tax. But what if the new club starts imposing financial regulations among the 17 euro-zone members, or the 23 members of the euro-plus pact? That could begin to force euro-denominated transactions into the euro zone, say Paris or Frankfurt. Britain would, surely, have had more influence had the countries of the euro zone remained under an EU-wide system.
It says much about the dire state of the debate on Europe within Britain's Conservative party that, as Mr Cameron set out to Brussels, another Tory MP portentously invoked the memory of Neville Chamberlain, who infamously came back from Munich with empty assurances from Adolf Hitler. Mr Cameron may have made a grievous mistake with regard to Britain's long-term interest. But at least nobody can accuse him of returning from Brussels with a piece of paper in his hand.
Doesn't look that good for Britain at the moment. I live partly in the UK and partly in France - when I can get my onion suit on - and my impression has always been that in general, and in the Conservative Party in particular, discussion about Europe in this country has been more emotional than thoughtful.
I reckon it's back to McCormack and Keogh tomorrow, with Pugh and Clayton in centre mid', Snodgrass left and Sam on the right. We seem to have run out of centre midfielders just when 4-5-1 looked the ticket. Any chance of Snods, Pugh and Clayton in a midfield three with Lucy joining the other two strikers?
Any chance for
Aye. Cameron has gone in to bat for the Canary Wharf, not for Britain.
The only reasons for using the veto were to keep his old school chums in the City happy and to appease the Little Englanders in his own party.
Neither will work imo.
Europe is mightily, but mightily pissed off at the UK right now, and it's never a good idea to piss your neighbours and business partners off unless you have a very strong hand. The UK doesn't, UK debt levels are as bad as everybody else's, worse in a lot of cases. The markets will come sharking after sterling sooner or later, and the UK is gonna need all the friends it can get.
The Little Englanders wont't be fobbed off with this either, they've got a taste of blood and they'll be back for more sooner rather than later as well.
Time for Nunez to step up and make a name for himself as a swap option.
Snods, Pugh Clayton, Sam as a 4 man mid with Nunez behind Becchio.