English: Nigel Farage at Lord’s cricket ground, London, summer 2009, Sunday of the Ashes Test match (Photo credit: Wikipedia)
This is an alarming report from influential think-tank, Open Europe, published in the Telegraph. It’s a must-read. Check it out!
via EU exit will cost Britain £55billion every year unless borders are kept open – Telegraph.
The article tries to explain vastly different Brixit scenarios, each with eye-watering financial consequences. The article takes a swipe an one of the worst scenarios being that proposed by Nigel Farage.
What is clear is that there is enormous risk associated with a Brixit. Mitigation strategies are difficult to envision as so much depends upon the final treaty terms negotiated in a Brixit.
Let me ask an open question:
To understand the complexity of negotiating a ‘Brixit’ perhaps we should reflect on the divergent negotiating positions of nations, ahead of the Versailles Treaty in 1919?