-
It's got some major errors in it, we were never going to have a trade deal by leaving day, and we were always going to become a third country under EU trade rules - and still will, even if we get the WA over the line.
-
Always good to get an outside view of Brexit. This fun summary from the WP:
Doomsday scenario
When it was built a quarter-century ago, the Eurotunnel was hailed as an engineering marvel. The game-changing undersea rail link between Britain and the European continent helped spark our global age of frictionless, “just-in-time” trade and manufacturing. But the imminent departure of Britain from the European Union — just six months away — threatens to undercut one of the most elaborate transit networks and business models on the planet, disrupting daily life for businesses and people alike.
The $20 trillion European economy is built on open borders for delivering fresh English lamb to butchers in Milan or German disc brakes to BMW in Oxford — not in days, but hours.
British negotiators remain resolute that a new free-trade accord can be hammered out in time. Yet the British government is also warning British consumers and companies that they should brace themselves for a “no-deal Brexit” or “Brexit doomsday” — causing some degree of panic.
Now, Brexit Secretary Dominic Raab is encouraging drug companies to stockpile extra medicine in case supplies cannot get onto the island. Cadbury has started hoarding chocolate for fear that ingredients will become difficult to obtain. On Thursday, the French minister for European affairs warned that British trains and planes might not be allowed into France without a deal, while the governor of the Bank of England told the cabinet that a no-deal Brexit would wreak havoc rivaling the financial crisis of 2008.
If London “crashes out” of Europe’s enormous single market and regulatory controls, Britain could find itself suddenly branded a “third country” under E.U. trade rules, subject to not only quotas and tariffs but also inspections at border control stations. British meats and seafood may be viewed as no different than a container-load of frozen chicken from Malaysia, which can take 72 hours to pass through an E.U. port.
It has gotten so bad that British authorities have had to downplay rumors the army would be deployed to maintain civil order.
Brexit fans, meanwhile, call threats of a no-deal doomsday a bluff — a propaganda project to instill fear. But polls show a majority of voters believes a no-deal Brexit is more likely than not, and experts don’t have a sunny outlook on what would ensue.
It would “quite likely to be the worst political, economic, and social crisis for a generation — maybe longer,” said Rob Ford, a professor of politics at the University of Manchester. — William Booth and Karla Adam
Are we fucked? We're fucked aren't we?.....
You are reading a single comment by @Lebowski and its replies.
Click here to read the full conversation.
Dammit
EB
@Lebowski
Always good to get an outside view of Brexit. This fun summary from the WP:
Doomsday scenario
When it was built a quarter-century ago, the Eurotunnel was hailed as an engineering marvel. The game-changing undersea rail link between Britain and the European continent helped spark our global age of frictionless, “just-in-time” trade and manufacturing. But the imminent departure of Britain from the European Union — just six months away — threatens to undercut one of the most elaborate transit networks and business models on the planet, disrupting daily life for businesses and people alike.
The $20 trillion European economy is built on open borders for delivering fresh English lamb to butchers in Milan or German disc brakes to BMW in Oxford — not in days, but hours.
British negotiators remain resolute that a new free-trade accord can be hammered out in time. Yet the British government is also warning British consumers and companies that they should brace themselves for a “no-deal Brexit” or “Brexit doomsday” — causing some degree of panic.
Now, Brexit Secretary Dominic Raab is encouraging drug companies to stockpile extra medicine in case supplies cannot get onto the island. Cadbury has started hoarding chocolate for fear that ingredients will become difficult to obtain. On Thursday, the French minister for European affairs warned that British trains and planes might not be allowed into France without a deal, while the governor of the Bank of England told the cabinet that a no-deal Brexit would wreak havoc rivaling the financial crisis of 2008.
If London “crashes out” of Europe’s enormous single market and regulatory controls, Britain could find itself suddenly branded a “third country” under E.U. trade rules, subject to not only quotas and tariffs but also inspections at border control stations. British meats and seafood may be viewed as no different than a container-load of frozen chicken from Malaysia, which can take 72 hours to pass through an E.U. port.
It has gotten so bad that British authorities have had to downplay rumors the army would be deployed to maintain civil order.
Brexit fans, meanwhile, call threats of a no-deal doomsday a bluff — a propaganda project to instill fear. But polls show a majority of voters believes a no-deal Brexit is more likely than not, and experts don’t have a sunny outlook on what would ensue.
It would “quite likely to be the worst political, economic, and social crisis for a generation — maybe longer,” said Rob Ford, a professor of politics at the University of Manchester. — William Booth and Karla Adam