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This is why a No Deal is guaranteed until the UK government gets a grip.

... the EU will not negotiate fairly unless its 27 other member states believe we are ready to walk away without an agreement.

First, to the Brexiters, "negotiate fairly" means "giving us what we want and we give you want we want."  They lack any trace of Cognitive Empathy, or in other words, they don't see The Other having valid dreams, desires, wants, needs, and ideas.  

Second, most of the members of the EU could give a flying fuck about the UK.  Of the minority that does one or two ... Poland? ... Spain ... might be willing to shove the shiv in just because they can.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Tue Oct 17th, 2017 at 03:58:29 PM EST
[ Parent ]
Ireland, Holland, Belgium, Germany etc. are quite dependent on trade with the UK, mostly running up big trade surpluses. European businesses are also quite dependent on the City for financial services.  All of these dependencies can be reduced with time, but the initial disruption could be considerable. Nothing on the scale f the disruption to the UK however.  "Fog in the Channel, Continent cut off" comes to mind...

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Tue Oct 17th, 2017 at 04:49:45 PM EST
[ Parent ]
In the short run the EU economy will take on nose.  How badly depends on economic policy.  The EU economy needs a dose of Keynesian Stimulus and Brexit is the perfect excuse?

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Tue Oct 17th, 2017 at 09:37:18 PM EST
[ Parent ]
The EU economy has being growing at quite a health rate recently (by it's own low standards) and can afford to take something of a Brexit hit if need be.

The UK less so...


Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Tue Oct 17th, 2017 at 10:04:08 PM EST
[ Parent ]
the directly comparable annual growth rate is as follows:


Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Tue Oct 17th, 2017 at 10:07:52 PM EST
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