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1/18/19

The Anglo Meltdown: The EU will happily punish Britain for 'Greek Fallacy' on Brexit - by Jim Edwards

  • Tuesday night's vote in Parliament defeating Prime Minister Theresa May's Brexit deal might seem like a significant event — an emphatic rejection of what the European Union wants.
  • From Brussels' point of view, however, nothing has changed.
  • Article 50 is a legal process, not a negotiation. This isn't poker, and Britain has not suddenly been dealt a new set of aces. It's more like a court proceeding, in which the EU is deciding how the UK shall be sentenced.
  • If Britain deludes itself into thinking the EU will start compromising, the country could flop out of Europe almost by accident, with no deal — that's the worst-case scenario.
Read more: The EU will happily punish Britain for 'Greek Fallacy' on Brexit - Business Insider

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