I tend to agree with this - of course many things can still go wrong...but (certainly on the UK side) as the list of outstanding issues decreases and as the cost of no deal becomes more apparent deal momentum will increase.

I find it most amusing that people invest so much value in public statements, briefings, tabloid headlines, the tweets of obscure backbenchers etc. Cherchez les fundamentals!
There is a deep vein of analytical pessimism in one particular direction, which, whether correct or not, is noteworthy. On the one hand, a firm belief in the fundamentals - gravity exists - but on the other hand those fundamentals are not meaningful to the final decision.
But gravity does exist! Whether one likes it or not. We do not have wings. Or feathers. And the realisation of the fundamentals will impact the political calculation (though timing differences may apply).
You don’t have to invest any particular optimism or see any virtue in the principal players to make this point.
I do think the pessimism is well founded. After all, much of Brexit has been driven by denials of reality so why should it be different as the rubber hits the road? But that’s the point. At this juncture, it is different. Look for some form of implementation period / mitigants...
It’s weird that this is pretty much a contrarian view...
It’s a parable. That’s what it is!
Maybe I should go full allegory.

More from Objective Columnist

Typically excellent piece from @dsquareddigest The exponential insight is especially neat. Think of it a little like fishing...today you can’t export oysters to the EU (because you simply aren’t allowed to), tomorrow you don’t have a fish exporting business (to the EU).


The extremely small minority of people who known anything about this who think that Brexit will be good for the City make a number of arguments which I shall address in turn...

1. They need us more than we need them. This is a variant of the German carmakers argument. And we know how that went...Business will follow the profit opportunity and if that has moved then so will the business...

And what do we mean by us / we. We’re not talking about massed ranks of Euro investing / trading etc blue blooded British institutions.

Au contraire. We’re talking about the London based subs of US, Asian and indeed European capital markets players...As soon as they think the profit opportunity has moved then so will they...it’s a market innit...

More from Politics

"3 million people are estimated not to have official photo ID, with ethnic minorities more at risk". They will "have to contact their council to confirm their ID if they want to vote"

This is shameful legislation, that does nothing to tackle the problems with UK elections.THREAD


There is no evidence in-person voter fraud is a problem, and it wd be near-impossible to organise on an effective scale. Campaign finance violations, digital disinformation & manipulation of postal voting are bigger issues, but these are crimes of the powerful, not the powerless.

In a democracy, anything that makes it harder to vote - in particular, anything that disadvantages one group of voters - should face an extremely high bar. Compulsory voter ID takes a hammer to 3 million legitimate voters (disproportionately poor & BAME) to crack an imaginary nut

If the government is concerned about the purity of elections, it should reflect on its own conduct. In 2019 it circulated doctored news footage of an opponent, disguised its twitter feed as a fake fact-checking site, and ran adverts so dishonest that even Facebook took them down.

Britain's electoral law largely predates the internet. There is little serious regulation of online campaigning or the cash that pays for it. That allows unscrupulous campaigners to ignore much of the legal framework erected since the C19th to guard against electoral misconduct.

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