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Purely from a sovereignty points of view, it makes a lot of sense if you think your country being independent is important.

From an economic point of view, it will probably never make sense because the UK was shielded from most of the EU most stupid decisions through carve out. They were out the disastrous currency union. They were not fully in Schengen. They had a lot of leeway with regulations.

Coming back would probably be a mistake however. They would most likely be forced to join the eurozone.



The "sovereignty" argument is a bit misleading though. It's basically regulatory alignment.


You can write it without the quotes you know, it's an actual word.

I think it's a real argument personnally and the heart of the issue. That was the main question of the Brexit referundum: do you want to be a part of this pan-European union of people and surrender some of your country power to this union?

You can argue that the subsequent trade agreement and the alignment that followed have reintroduced some of the same constraints, which is true, but practically and conceptually speaking it is a very different kind of situation.


Regulatory alignment is very different to "surrendering some of your country's power". You've proved my point.




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