The UK Left the EU, This Divorce is Final: Get Over It

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Published : April 03rd, 2017
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Category : Opinions and Analysis

In regards to Brexit, Financial Times writer Wolfgang Münchau says “There is no point doubling down on economic arguments”. Then he goes on to explain How to Get Britain Back Into the EU.

Note to Münchau: You are in Fantasyland.

Interestingly, Münchau offers three pieces of sound advice before not explaining what the headline says he will.

Münchau Advice to Remainers

  1. Accept the referendum
  2. Stop being angry
  3. Take your opponents more seriously

Münchau is correct on all three points. But then Münchau notes that if the UK ever did rejoin the EU, that it would be “full monty” under Article 49,
“with the euro, the Schengen zone, EU involvement in home affairs, no opt-outs, and no budget rebates”.

Assuming Münchau is correct on that score, and I believe he is, there is no path for the UK in the EU.

It would be crazy to divorce then capitulate on everything, especially when the Eurozone is highly unlikely to survive in its current state, if at all.

Related Articles

  1. More Ridiculous Brexit Discussions Regarding “Control”: Domino Theory in Play?
  2. Bad Brexit Deal Better Than No Deal? Mathematical Idiocy! Odds of No Deal?
  3. Divorce Proceedings Begin March 29: Brexit Debate, Mish vs Financial Times
  4. Brexit Blackmail Irony: EU Threatens UK with Queues and Shortages
  5. Brexit Question on Free Trade

Mike “Mish” Shedlock

Source : mishtalk.com
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Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
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