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kevthorne
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Brexit Optimism Misplaced: Time for Hardball - Mish - Global Economic Analysis

Only two things count:
1) Food. Good luck with that. President Trump must be looking forward to doing business on this. UK consumers face a huge hike in living costs as 'famine prices' take effect. Anyone remember rationing? My family do.
2) Currency - Read the special opt-out clause for Sterling in the Maastricht Treaty - it expired February this year. Means join the Euro, or else.

Commented 2575 days ago

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Beginning of the headline :I do not understand the optimism in some corners that a deal will be reached. Events in the last two days should open some eyes to the large and increasing chance there simply is no deal. The Wall Street Journal reports European Parliament Votes to Toughen Stance on Brexit. Highlights By a 516-183 margin, the European Parliament voted to tighten Brexit discussion rules. On the disputed divorce bill, which EU officials expect to reach €60 billion ($64 billion), European politicians said it sh... Read More

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