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European Tribune - The consequences of Brexit
 If Wolfgang Schäuble has anything to do with it, it seems that the EU will take a hard line:  No preferential access to the single market without a significant financial contribution and the free movement of labour: both factors Brexit was supposed to avoid.  Therefore we can expect the re-erection of trade barriers between the UK and the EU.

I think, if it comes down to it, trade negotiations will be swift. There is already the remains of EFTA around to provide examples. And most importantly, both sides lose if negotiations are stretched out. If Britain had been smaller, like say Greece, I think an example would have been made of it (like Greece). But Britains economy is to large and the elites to connected for that to be likely other then as a threat to make the population vote remain.

by fjallstrom on Thu Jun 16th, 2016 at 03:28:24 AM EST

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