Germany & France Fear Unleashed British Economy

Deutsche Bank’s chief economist, David Folkerts-Landau, not only says that over the medium and long-term a ‘No Deal’ Brexit will make no difference to the British economy, he says an inadequate deal which constrained the British economy would be “a second best solution”. Confirming what many in Downing Street believe, namely that even without the back-stop, May’s regulatory-aligned deal would have detrimentally constrained the dynamic British economy. So-called “regulatory alignment” is an EU imposed constraint on unleashing the British economy to outcompete turgid EU rivals. As the leaked French memo on Friday revealed, Paris fears a resurgent, deregulated dynamic British economy…

Euro News

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Quote of the Day

John Bercow finally makes his view on Brexit known.

“Brexit is the biggest mistake of this country after the war. I respect PM Johnson but Brexit doesn’t help us. It’s better to be part of the [EU] power bloc.”

What a surprise…


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