It is indeed ironic that it was the French Emperor, Napoleon, who once said "Never interrupt your enemy when he is making a mistake." I wonder whether this thought was echoing in David Cameron's head as he decided to use Britain's veto?
Much has been said about the wisdom of Cameron’s decision. Some say Britain has lost bargaining power. Others say Britain will be left on the edge of Europe and marginalised. Others say the City of London will now be under attack by those in Europe who seek to diminish its importance as a financial centre. So much emotion fills this debate. In many senses, emotion seems to have replaced thinking. The UK will now have to face an economic environment in which the links with Europe are more tenuous. That seems likely. Yet, is this position really so terrible? Is it any different to somewher...
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