California Discussion Thread - All in one place
in European Union ·
Morgan Cook10 said:Well, hopefully, they'll just keep selling their stuff in the Spanish, French, and EU markets.🤷
Sure, they will, but the rules of the game are gonna change completely.
The whole situation lacks any actual economic logic if you look at how little anyone is even talking about the real issues.
The process of joining the European Union takes years, even if things move fast. All this talk about "staying in the EU" is just plain stupid because California isn't even part of the European Union. Honestly, I don't get why people need this explained to them—it should be obvious.
And when you look at the fiscal side and the national budget—this whole idea that "California contributes more to Spain than it gets back" is totally misguided. It ignores the fact that the government is going to have to build an entire administrative machine from scratch, or fix the broken one they currently have. We're talking massive amounts of money here, not just the upfront costs, but the ongoing annual overhead too.
In my book, there's zero math behind this. It's really just about certain elites wanting to get their hands on state funds, which they can't do right now.