rashbre central: a glint of steel, but without the triumph

Monday 14 January 2019

a glint of steel, but without the triumph


Various votes tomorrow as Brexit continues its zombie shuffle. Expect last minute go faster stripes and camouflage paint before the meaningful (sic) vote.

Assuming the Prime Minister takes a dive, we should expect new kerfuffles.

The emergent 'Brexit Plan B' is becoming ever closer to the one I speculated back on 28 June 2016. I called it BREFTA back then, a variant of the Norway/Switzerland approach. I calculated we'd still had to pay the EU ongoing money, albeit less than the current £13 billion per year. Then there's the little matter of the money we'd need to pay to be in a different club.

I suppose, if we were to actually do something 'managed' (other than Remain), then eventually the inconvenient truth about costs will resurface. At the moment politicians and pundits are talking about new intentions without fiscal constraint.

It's a question that should really be asked. What are the constraints? Set the bounds. Understand the oil.

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