[…] (H/T Neville), rather starkly, the cost of pulling out of that shift from community to Union’ will extract a hell of a price… Tags: #euref, Euro crisis, Europe, eurozone Topic: Economy, Government, Politics, Society and […]
Lorcan
,
“Being an EU member can give you access to more emergency funding than any other borrowing entity on the planet. Would you like to get this funding?”
“Yes” or “No” are the obvious options here but it’s not so black and white – gains can be made in negotiation in the grey area. So an alternative, low risk option would be the following:
Yes, but…
…not at the cost of prolonged austerity which stifles recovery and ignores unsustainable and unjust debt. If you’re Irish, VOTE AGAINST joining the EU Fiscal Compact thus allowing your government to return to the negotiating table with the “default-on-bank-debt-plus-implement-12/24-month-IMF-backed-Austerity-max” route as its backstop position. Take advantage of growing anti-austerity sentiment in other, larger member states during negotiation.
Ultimately a No vote is a low risk strategy – you force the ECB/IMF to address the unjust and unsustainable bank debt issue while reserving the right to vote Yes later, if/when Fiscal Compact becomes more attractive with stimulus and/or bank debt relief.
Andrew Gallagher
,
Lorcan,
“Nobody move or the nigger gets it” is a low risk strategy?
Good stuff Ronan, this puts the impact of voluntarily pulling away from eu support very realistically. The problem as I see it is that the economists who promote this think it’s a great idea to savage welfare and public sector pay, but their words are misused by the anti treaty coalitions who still insist that current rates are payable. I think the only viable political answer is to deflate their values, which will be difficult to do.
#EUREF: Real political price of the Treaty is “shift from community to union”… « Slugger O'Toole ,
[…] (H/T Neville), rather starkly, the cost of pulling out of that shift from community to Union’ will extract a hell of a price… Tags: #euref, Euro crisis, Europe, eurozone Topic: Economy, Government, Politics, Society and […]
Lorcan ,
“Being an EU member can give you access to more emergency funding than any other borrowing entity on the planet. Would you like to get this funding?”
“Yes” or “No” are the obvious options here but it’s not so black and white – gains can be made in negotiation in the grey area. So an alternative, low risk option would be the following:
Yes, but…
…not at the cost of prolonged austerity which stifles recovery and ignores unsustainable and unjust debt. If you’re Irish, VOTE AGAINST joining the EU Fiscal Compact thus allowing your government to return to the negotiating table with the “default-on-bank-debt-plus-implement-12/24-month-IMF-backed-Austerity-max” route as its backstop position. Take advantage of growing anti-austerity sentiment in other, larger member states during negotiation.
Ultimately a No vote is a low risk strategy – you force the ECB/IMF to address the unjust and unsustainable bank debt issue while reserving the right to vote Yes later, if/when Fiscal Compact becomes more attractive with stimulus and/or bank debt relief.
Andrew Gallagher ,
Lorcan,
“Nobody move or the nigger gets it” is a low risk strategy?
http://tvtropes.org/pmwiki/pmwiki.php/Main/StopOrIShootMyself
Laura ,
Good stuff Ronan, this puts the impact of voluntarily pulling away from eu support very realistically. The problem as I see it is that the economists who promote this think it’s a great idea to savage welfare and public sector pay, but their words are misused by the anti treaty coalitions who still insist that current rates are payable. I think the only viable political answer is to deflate their values, which will be difficult to do.