Here's the thing: most invasions end in failure, particularly wars of imperial conquest. And when you do succeed, that's when it gets really difficult. You now have a significant minority o… (View Post)

So, while I agree with you mostly, measuring GDP relative to a foreign currency means your measured GDP (which don't match living standards) swing around with the exchange rate. If UK wages rise… (View Post)

No idea, but I love smoked haddock and I love wine, so I'm going to try it (View Post)

Mine will say "Beware of extrapolation from small datasets" (View Post)

A Customs Union would just mean a Common External Tariff. The issue is that such a union would make it unclear whether Britain was covered by EU FTAs, or alternatively, could strike its own. It would… (View Post)