‘What makes you all so sure EU would even want you back? Leave when it suits you and join again when it suits you. On your terms and conditions, not so sure.. 🙂’
This rather stupid and vindictive idea needs to be put to bed once and for all.
The UK is still a powerhouse economy, much as people may want to run it down. We still have the 5th biggest GDP in the World (!) and would rank 2nd in the EU after Germany. We would be a net contributor of several billion, into an area which needs money and we would increase the EUs both soft and hard power tremendously.
Macron has already commented that he would welcome us back and Sanchez said he would ‘welcome his arms to a brotherly people’. Germany has also said ‘we will do everything we can to get the uk back into the EU.
So, I think it is safe to say we would be more than welcomed! What is true, though, is that we would not get à la carte terms. We would not get the rebate that Thatcher negotiated and we would, in theory and over time, have to join the Euro.
I am still not a massive fan of the EU in many ways. I still believe that is has a democratic deficit, ceding far too much power to less than competent (and often corrupt) bureaucrats. Also, it is neither a free trading area or a federation. At some point, much as it doesn’t want to admit it, it will have to choose.
However, it had been proven beyond doubt that we need free trade with the EU, and a close friendly relationship. I suspect we could get to a Norway or Swiss type deal relatively easily and quickly (still years, but maybe 5 or so?). Rejoining fully would open a lot of old wounds and maybe take a decade.