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I don't know why this wasn't blindingly obvious to everyone from the very beginning. If the EU don't do a deal with the UK it might be financially damaging for them. If they concede to the UK's demand for full single-market access with no associated costs or responsibilities then it is potentially existentially damaging for them, since they would have just demonstrated that there is no (or massively reduced) point to being in the EU. Whatever you think about the EU, they do seem fairly logical and, as such, would never trade a financial problem for an existential one.
Well summarised. One thing that I noticed was that international news agencies discussed this a lot in 2015 from CNN to Fox and beyond but I only ever saw it being discussed in the FT and Guardian in the UK.
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Stonehedge
I don't know why this wasn't blindingly obvious to everyone from the very beginning. If the EU don't do a deal with the UK it might be financially damaging for them. If they concede to the UK's demand for full single-market access with no associated costs or responsibilities then it is potentially existentially damaging for them, since they would have just demonstrated that there is no (or massively reduced) point to being in the EU. Whatever you think about the EU, they do seem fairly logical and, as such, would never trade a financial problem for an existential one.