
One is asking a question why is Britain wishing to completely clear the positions on the single market of the old continent. The reason is that the island kingdom wants to fully control the number of people coming from the union and non-union countries. That was one of the main wishes of the British who voted for the BREXIT in the referendum. Variant of so-called hard BREXIT is by that getting sharper contours. European leaders will want to scare everybody who would want to follow Britain on its way out of the union. So the question stands how much will Britain suffer.
We think that in the end not so significantly. The majority of European countries have a balance of trade surplus with Britain. That means that the British islands are an important market for the continental Europe. Only a crazy person or the EU would willingly deprive themselves of the possibility to keep trading with Britain without barriers. Which is not saying that it is not going to happen. The EU has nothing to substitute the British market with. But Britain has a place to turn to – it can bravely compensate the loss of EU in America.
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