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The myth of the Brexit cliff edge
The Spectator ^ | December 14, 2018 | Matthew Lynn

Posted on 12/15/2018 5:11:23 PM PST by House Atreides

The ports will be clogged up with lorries. The shelves at Tesco will be empty. Doctors will be rationing antibiotics, and the army will be called out to deliver food. As we approach the deadline for our departure from the European Union, as the Prime Minister returns empty handed yet again from yet another catastrophic round of negotiations in Brussels, and as the cliff-edge gets closer and closer, the conventional wisdom is that the pressure on Britain to agree to something – anything! – becomes more and more intense.

And yet, as so often in the through-the-looking glass world of Brexit, that conventional wisdom is a bit off target. And not just by a little as it happens, but by 180 degrees. In fact, the closer we get to March 29 next year without securing a deal, the less of a problem it becomes. By the middle of February, it may hardly matter at all. Why? Because British businesses will have made their preparations, and, just as crucially, European ones won’t have. The net result? The pressure on us will evaporate.

(Excerpt) Read more at blogs.spectator.co.uk ...


TOPICS: Business/Economy; Society
KEYWORDS: brexit; britain; economy; eu
This assessment makes the well-reasoned case that a “hard” Brexit will not be a big deal but will be VERY detrimental to the EU. I hope the Brits have the wisdom to see the truth of this. Roosevelt’s words “the only thing we have to fear is fear itself” certainly apply to the Brits and Brexit.
1 posted on 12/15/2018 5:11:23 PM PST by House Atreides
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To: House Atreides

ahh...should be “not a big deal for Britain but...”


2 posted on 12/15/2018 5:12:20 PM PST by House Atreides (BOYCOTT the NFL, its products and players 100% - PERMANENTLY)
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To: House Atreides

Same myth as global warming.


3 posted on 12/15/2018 5:30:44 PM PST by E. Pluribus Unum (Democracy dies when Democrats refuse to accept the result of a democratic election they didn't win.)
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To: House Atreides

I really hope the Brits succeed in throwing of the globalists rulers, but it’s an iffy thing; 50-50 at best.


4 posted on 12/15/2018 5:35:22 PM PST by A strike (Import Third World become Third World)
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To: E. Pluribus Unum

Global warming is NOT a myth. How do you think last ice age ended?

But MAN MADE global warming is boastful and a myth. Man is just a speck on earth, and earth is just a speck compared to Sun which is more than a million times bigger and the real power behind warming and cooling because it has cycles too.


5 posted on 12/15/2018 5:43:33 PM PST by entropy12 (One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
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To: entropy12

6 posted on 12/15/2018 5:54:52 PM PST by E. Pluribus Unum (Democracy dies when Democrats refuse to accept the result of a democratic election they didn't win.)
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To: House Atreides

Nigel Farage tweeted tonight that they may be cooking up a second referendum scam based on what the “Mail On Sunday” newspaper is publishing.


7 posted on 12/15/2018 5:55:04 PM PST by Nextrush (FREEDOM IS EVERYBODYS BUSINESS, REMEMBER PASTOR NIEMOLLER)
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To: E. Pluribus Unum

Love the graphics!


8 posted on 12/15/2018 6:14:16 PM PST by entropy12 (One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
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To: House Atreides

welcome to the Hotel EU.

you can quit as many times as you want.
but you can never leave


9 posted on 12/15/2018 7:10:39 PM PST by RockyTx (f)
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To: House Atreides

Hard Brexit for sure! Don’t go wobbly! But this mess is for the Brits to resolve........

Or not. Meaning let the March 29th date slide by and the next day you’re out of the German dominated EU.


10 posted on 12/15/2018 7:20:11 PM PST by dennisw
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To: House Atreides

If PM May were not such a lame turkey she could have had a nice trade deal with the USA pending.


11 posted on 12/15/2018 9:28:37 PM PST by Trump_the_Evil_Left (FReeper formerly known as Enchante (registered Sept. 5, 2001), back from the wild....)
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To: House Atreides

The UK should have gone with a hard exit already.


12 posted on 12/16/2018 8:09:51 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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