The coming end of the EU

What none of the EU politicians and Brussels commissioners dare to confess as we we now come close to starting serious Brexit negotiations is that England plus London need the EU a great deal less than the EU needs us.  Our trade with the EU was already declining years ago.  Yet the EU depends on us a great deal more than ever.

Our exit would be a body blow to the EU if it ever came to that.  The likelihood is that within a week or two of negotiations the European Central Bank will probably agree with everyone else that there is now no known method of bailing out Greece once again. The faintest whisper that Greece will then decide to leave the EU will galvanize Italy to do so, too.  The EU politicians and Brussels commissioners will hang onto power like grim death but, at the end of the day, it’s the mathematics that count.

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