WE ARE A FEW HOURS FROM HARD BREXIT. There can be no agreement when the EU can only survive by punishing the UK
We are now really a few hours from the end. Both Boris Johnson and Von Der Leyen have placed time limits on the negotiations which, however it goes, will close today. The odds at the moment are 80% for a No Deal, therefore for an exit without an overall agreement, but based on the few agreed points concerning, above all, the transition to Northern Ireland. For the rest, no agreement, neither on a single market, nor on the aid scheme, nor on the use of British fish stocks.
The UK is gearing up for this event: civil servants have been told to get ready to possibly work on the Christmas holidays, while the queue of trucks carrying goods to the UK from France has tripled, with epic queues. all to ensure stable supplies until new agreements are reached with the EU or the definition of new replacement trade agreements. In fact, 54 countries have already reached, or are reaching, commercial agreements, and we are not only talking about small companies, such as Singapore, but also Japan, Canada, Australia etc. All countries with agricultural and industrial productions able, in case of need, to replace the European ones. The Hard Brexit plan already prepared by the government also foresees an investment of 4 billion pounds, approximately 5 billion euros, for the transition.
Why hasn't an agreement been reached, and will it be reached only after the release? Because a successful Brexit, agreed, would be an intolerable defeat for the Union. The survival of the Union depends on the failure of the Exit: if the UK is a success story there will be no reason to remain in this madhouse. A British government executive, who took part in the negotiations, said it outright: even Merkel, a moderate, wants us to walk on glass. No deal is now possible on this punitive basis, but I will only be when the UK is out.
In the meantime, what will French, Belgian and Dutch fishermen do with the latter having invested enormous sums to exploit the territorial waters of others? They will cannibalize each other.
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The article WE ARE A FEW HOURS FROM HARD BREXIT. There can be no agreement when the EU can only survive by punishing UK comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/siamo-a-poche-ore-dallhard-brexit-non-ci-puo-essere-accordo-quando-la-ue-puo-sopravvivere-solo-punendo-uk/ on Sun, 13 Dec 2020 09:20:19 +0000.