Brexit Agreement: A Deal Between German Manufacturing and UK Finance Sectors

As Britain’s Theresa May inches closer towards a final Brexit agreement, for leaving the European Union, behind the scenes it is not quite the compromise politicians and the media make it out to be, says economist John Weeks

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14 thoughts on “Brexit Agreement: A Deal Between German Manufacturing and UK Finance Sectors

  1. … deal between German manufacturing and Britain financial … And ECB and Euro is not present? Doesn't exist clash of Pound who don't want to be fooled, and Euro to whom almost all other strong economies in Europe been subjugated? It is cause of Brexit.

  2. I confess to being triggered by this man. First he calls NI part of Greater Britain, it isn't. Then he keeps referring to southern Ireland and the southern Irish govt. There is neither such place or govt. Then he mumbles something about war in the north being supported by the govt in the south, it wasn't. For the record, the most northerly part of Ireland is in the Irish Republic.
    The freedom of movement is not a far right issue as he says. It concerns everyone, especially those lower down the economic scale whose jobs are being taken, wages undercut, and services overburdened. It's alright for him, not many eastern European professors of economics going to take his job. He didn't say the movement of people would be curtailed, he said it was now at the discretion of the British govt. So, no change then.

  3. Brexit is going to be a disaster for us in the UK.
    The EU is a neoliberal organisation, lots of criticism for them, but for ordinary UK citizens, we are going.

  4. Despite what the delusional Brextremists in the comments section say (read: regurgitate), this was a very interesting analysis. Thank you.

  5. The Irish border issue is not trivial. The Good Friday Agreement, an international treaty with UN seal of approval, which commits the UK to an open border between the Republic of Ireland and Northern Ireland, is what brought to an end 5 decades of violence in Northern Ireland. Neither the Tories nor Labour can negotiate an arrangement that breaks that deal. An open border between NI and RoI means both have to be governed by the same customs rules. That means either the whole of the UK remains in a customs union with the EU (since the Republic of Ireland remains part of the EU its customs rules are made by the EU) or the UK allows NI to remain in the EU customs union, while having a different set of customs rules for the rest of UK and accept a customs border managed by the EU in the Irish Sea. Theresa May chose the former option. If Jeremy Corbyn were the Prime Minister, he would have chosen the latter.
    But I don't expect the current deal to pass the House of Commons without another referendum. Either there will be another referendum and/or the UK will opt for EFTA membership (always on offer from the EU) Norway style i.e. with all the rights and obligations of being an EU member, but without representation in the EU institutions. It is worse than what they currently have, but better than what May's deal has in one respect: ability to unilaterally quit the arrangement at a future date.
    May has negotiated an exit that those who really wanted to exit cannot swallow.

  6. Very annoying mannerism. "the uh, uh, uh, political, uh, uh, solution, uh, uh, uh, that, uh, uh, uh, was, uh, uh, arrived, uh, at, uh, uh, uh"

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