Admittedly, I don’t know much about Brexit, but from what I have been exposed to, it seems like a decisively economical and political impairment that made travel and business with the rest of Europe more difficult and costly. Since it is so highly criticized as a terrible move, why doesn’t the UK just rejoin the EU?
There are a number of reasons but the biggest is, they simply can‘t.
There is no rejoining, you would have to apply for membership again. That process takes years even if every member is friendly towards you, which in case of the UK is not the case.
A rejoining is also currently not beneficial for the EU. So they have little incentive to allow it. The drain of firms towards the mainland is just starting and the EU needs that process completed and some time extra to flourish before they can think about talks about rejoining.
Another problem is the UK itself. While heavily divided, an absolute minority of voters are politically in line with where the EU is currently and where the EU is heading. So rejoining would be a hard sell in the UK.
Does the UK still meet the requirements of joining?
Unclear at the moment, there are so many requirements it is hard to keep track especially with the legal situation in the UK.
They basically demolished some mandatory EU laws like equal pay. But then again there is no protection in the UK system and you can just change every single law with a simple majority vote.
Some of the new trade deals could hinder them, since you can not bring all goods into the single market.
The member vote is the real roadblock for the UK, the basic requirements shouldn‘t be a problem with the current legal system of the UK.
We’re still one of the top ten world economies, of course we do.
One of the requirements is that all members vote for admission. Spain may not want to vote in favour because of the Gibraltar situation. I’m assuming Ireland won’t reignite the whole civil war for Northern Ireland situation, but who knows. The UK pissed off a lot of countries during Brexit.
Just having money isn’t enough to be admitted, either. There are also strict requirements about democratic status and transparency/corruption. Ironically, a lot of those requirements were put in place by eurosceptic politicians.
With a national debt far exceeding the 60% limit the Maastricht Treaty describes and inflation across Europe far exceeding the max of 1.5%, I think it’s very possible that the EU would demand financial reforms despite the UK’s high GDP.
Just having money is not enough. I’m sure the UK could make it back in, but it’ll require more than just some token paperwork, and the UK would lose all of the privileges and exemptions it had before.
Ha, no way. You wish. The only thing England is top 10 at is smelling their own farts.
Currently ranked 6th. Your an idiot.
You’re*
Psh 6th at eating tea and crumpets maybe, you dumb limeys can’t even spell words right while insulting people.
Calm down Clapistani Chungus, and you also don’t eat tea, thats a drink, you spakker. I’m also still correct about the UK economy being sixth largest.
Wrong, California is 6th largest.
California isn’t a country.