Does anyone really believe that the ‘no deal’ Brexit option is viable? Even the No Dealers don’t actually believe it. The Institute of Economic Affairs released another of its amusing Brexit reports this week. Entitled “Let’s get ready for ‘no deal‘”.
A no deal option “does not have to be the ‘catastrophe’ that many fear” says the IEA. Indeed, it might turn out to be a Good Thing:
With Brexit talks proceeding at a snail’s pace, the mantra that ‘no deal is better than a bad deal’ may soon be put to the test. The UK needs to be prepared to walk away if the EU is unwilling to show more urgency and flexibility. Indeed, a clean break in 2019 could still be a good outcome, even if not necessarily the best.
But what about the aeroplanes?
There are many other agreements that would also need to be…
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