BC EU
Saved by @SteveeRogerr

There is a sense of disbelief about the new trade problems between Great Britain and the EU / Northern Ireland. Which we need to lose. This is the new normal. And we face a difficult period of adjustment - immediate paperwork needs, and to longer term uncompetitiveness.

 As we trade folk might have mentioned before, outside of the single market and the customs union of the EU, problems at borders are normal. Delays common. Great job of the Brexit supporters to find supposed experts claiming otherwise, but now back to reality...
Such delays at borders were in fact part of the origin of the single market, in the days when the Conservatives didn't see a contradiction between free markets and sovereignty. Such delays weren't really compatible with a supposed common market. So, the single market...
The delays and individual issues will ebb and flow. There will be new regulatory requirements in EU and UK affecting different products. But for UK and EU business as a whole it will mean UK-EU trade is more costly and less predictable, and there will be economic adjustment.
To put it bluntly, some UK firms will go out of business due to new border barriers. Some EU firms will stop supplying the UK, at a cost increase to UK consumers but a possible new opportunity for firms. This adjustment will take some time though.
For services as for goods, except the effects will be deplayed by covid. But the argument over musicians visas is a good preview. Trade between the EU and UK will get harder, there will be less of it. That's the effect of putting up trade barriers so significantly.
What we're experiencing is those numbers on the Brexit forecast models coming to life. There was already a slowdown in UK-EU goods trade (flat since 2017). It has already been affecting UK jobs and growth. That's going to continue.
And as we're also seeing you can't just substitute other markets for the EU. The logistics aren't set up. Or you have the same challenges of paperwork. And trading globally means global competition, rather than being part of the world's largest single market.
So the UK's raising trade barriers experiment is now well under way. It will be glossed over by a government improbably claiming to support free trade. The same supposed experts as before will claim this is all the EU's fault. But the impacts will be felt.
The new uncertainty - much trade from the UK. Also uncertain, the actual economic impact, we'll need to see a lot of data. And any political response, at the moment the government is still comfortably controlling the narrative. But early post-Brexit days... /end
PS as a reply suggests, an example of the denial of the current situation. The government can't just "resolve EU touring visas". It would have to negotiate with the EU and take into account other issues like haulage and support crews. https://t.co/EkZgFb5b0L

More from David Henig

David Henig
David Henig
@DavidHenigUK
Ten days in and it seems the government's post-Brexit economic policy is to ignore reality, priority and choice, and just claim with no evidence that everything is going to be great. This, needless to say, is dangerous territory. Exhibit 1... 1/

Here's a good example of what is currently passing for UK economic policy. The theory the UK can be 'nimble' in regulations has been present since 2016. In 5 years nobody has found the detail. We presume others might have a similar idea. And trade needs regulations to align 2/


There will of course always be someone to blame. Usually the EU. Because they do indeed want to compete with the UK. This is not exactly surprising. A vague UK idea versus the bigger next door market (or indeed a big one over the pond). Who's going to win? 3/


Next, 'Global Britain' and specifically the Liz Truss speech in the Commons yesterday. To summarise, we are going to do trade deals on everything with everyone while still protecting UK industry and poor countries. Yup, more warm words and no priorities.

Useful example here. The long running EU-US trade battle over food, one claiming to be about quality, the other science. The UK solution. We'll do both! Fabulous, why did nobody think of this before? Unless they did, and found they still had to choose. Note other warm words 5/
BREXIT
David Henig
David Henig
@DavidHenigUK
Breathless accounts of brilliant negotiating are oddly unaccompanied by statements of UK wins.

Twice the PM has signed up to deals he previously said no PM could sign up for. The level of self-deception in turning these into triumphs is off the scale.

A wise man has suggested that Johnson's self delusions are good for the UK in the way he folds under EU pressure but denies it - that this actually delivers the best result.

But it doesn't do much for the country's politcal debate to have such delusions at the heart of the most important economic relationship. And they don't have such delusions in Belfast.

Perhaps it is the way of UK politics that no leader can be seen to be pro-EU, that the UK must be seen to be bigger than the EU, even though the UK is obviously smaller and needs the EU for trade.
BREXIT
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David Henig
David Henig
@DavidHenigUK
We need to talk about UK politics. More specifically we need to talk about the absence of opposition to a no-deal Brexit risking Scottish independence, Northern Irish peace, the end of the mass market car industry, more expensive food, and damaged relations with US and EU 1/n


Project fear and the red wall. The first meaning that every serious threat, such as that of Nissan that their plant will be unsustainable, is dismissed with little discussion. The red wall, apparently so angry with Labour about the EU they are afraid to have a position. 2/

Because 'sovereignty' apparently. But a particularly nefarious form of sovereignty in which the normal kind of things you discuss in a Free Trade Agreement - shared rules, access to waters - become when discussed with the EU unacceptable infringements and threats. 3/

You note in the UK we aren't having a discussion on what level playing field rules or access to fishing waters might be acceptable. Or normal. Or even what we might want, like shared increased commitments on climate change. No, all rumours. Evil EU. Worse French. 4/

Those who follow closely see incredible briefings in the papers, like today claiming the EU demand for raising minimum shared standards was only raised on Thursday, treated as fact. This was known months ago. But the media too often just reports the spin as fact. 5/
POLITICS
David Henig
David Henig
@DavidHenigUK
The first working day of the new UK-EU relationship. We're going to hear a lot this year from all sides (remain and Brexit in UK, EU, etc) using any possible scrap of evidence. But what we need to look for is trends, over time, so a few to think about in this thread... 1/

Obvious disruption or reduction to UK-EU trade flow. Here we may be thinking e.g. of a permanent 10% fall in traffic, or regular queues, or indeed no change. And apart from goods, the same with individual travel, for work, residence etc... 2/

As a reminder we're not expecting permanent scenes like those of the week before Christmas when borders were closed. But 5-10% reductions in UK-EU traffic would not seem to be out of line with economic forecasts of a hit to the UK economy. 3/

Then we'll need to look at whether UK-EU trade is being substituted by UK-non EU trade. This probably should happen to a degree, and in theory efficiencies could come this way. But its also possible that all UK trade falls, with the UK no longer an EU entry point. 4/

Inward investment is another key post-Brexit indicator. There isn't a single obvious data set here, but the impression of the last four years has been a fall off in manufacturing, but not in services, particularly tech. Continuation would suggest economy tilting to services. 5/
BREXIT
David Henig
David Henig
@DavidHenigUK
Delusional. And no way to run a country. Far higher barriers to trade with the EU from Friday. And still subject to EU influence on our laws. To deny this is also to deny the ability to tackle the problems we will face.

We ended up with particularly high level playing field conditions in the EU deal because the UK didn't take the subject seriously. We got a worse deal on fish than anyone thought possible, and got nothing in return. All because of cakeism. Or patriotism as they call it.

Now we face higher trade barriers to our nearest market, which means our businesses need to be even more competitive to overcome them and succeed. Is that acknowledged?

Our neighbours, the EU, use all manner of pressures to keep neighbours in line in terms of trade. That financial services equivalence, pity if you didn't get that. Data equivalence, have 6 months free if you don't change your laws while we make you sweat...

Northern Ireland, as we repeat endlessly, Johnson cakeism of no checks? Somehow no longer mentioned after the EU got what they wanted. See also, fish, level playing field. EU priorities, EU won. Johnson cake, all gone, not eaten.
GOVERNMENT

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Tony Connelly
Tony Connelly
@tconnellyRTE
After Michel Barnier's briefing of EU ambassadors this afternoon, here's where things stand:

2/ There is a basic deadline of Christmas Eve to get a deal. That will give the EU's legal services time to draw up a letter to send to the UK seeking provisional application of the treaty from Jan 1

3/ It's understood officials will need four days at a minimum to draft a letter seeking provisional application of the treaty (all this is on the basis that it is pretty much too late for the European Parliament to ratify the treaty on time for Jan 1)

4/ On the prospects for a deal: diplomats say they're not ruling out a deal by Christmas eve. Michel Barnier said there had been significant progress. Member states expect to convene a meeting of the Working Party (of Brexit coordinators) every day (except Christmas Day)

5/ Acc to one diplomat Barnier will publish the text once/if it's agreed, but before it's been legally scrubbed. Member states can approve the text via written procedure (sending a formal letter) as there are no Council meetings foreseen to do it in person between now and Dec 31
EU
Anti-Bullshit Alien
Anti-Bullshit Alien
@LennieMerrick1
“Fanatical Remainers and the FBPE cult”: a thread

The populist right seems to be intensifying its efforts to portray supporters of EU membership as some sort of lunatic fringe. (Never-knowingly-impartial @afneil and billionaires’ stooge @darrengrimes_ are among (1/20-ish)

the worst offenders.) “Fanatical Remainers,” they sneer at every opportunity. “FBPE cultists! Extremists! Ideologues!”

So what is a cult? What are the hallmarks of extremism? The Oxford Dictionary defines a cult as “a system of religious veneration and devotion /2

directed towards a particular figure or object”; “a relatively small group of people having religious beliefs or practices regarded by others as strange or as imposing excessive control over members”; or, in its weakest sense, “a misplaced or excessive admiration /3

for a particular thing”.

According to Janja Lalich PhD, a sociologist who specialises in cults and extremist groups, a cult is “a group or movement held together by a shared commitment to a charismatic leader or ideology. It has a belief system /4

that has the answers to all of life’s questions and offers a special solution to be gained only by following the leader’s rules”.

“Cults tend to be founded by charismatic leaders … great manipulators. They know how to read people. They come along and offer a message /5
EU
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Howard Goodall
Howard Goodall
@Howard_Goodall
Dear fellow musicians, performers, technicians etc. Here’s a thread about how our lives are going to change re touring/working in the EU in 50 days time. Think of it as a kind of Bad News Advent calendar. Here goes 1/

First things first, you’ll need a passport with at least 6 months left on it. And you’ll need full travel/third party/health insurance, since if you get ill or have an accident every penny of your care will have to be paid for 2/

To work or do a gig you’re going to need a work visa, just like you do for the USA. But here’s the thing. Work permits & visas and the conditions attached are a matter not for the EU but for the member states themselves 3/

Yes, every member state controls who comes in and who doesn’t and what the rules will be for work and residency. It’s almost as if the Brexiters have been lying about this ALL ALONG. EU members CONTROL THEIR OWN BORDERS 4/

So you’ll need to get a work permit for every country you’re intending to work or gig in and the rules are often different, as are the rules on eg taxation of that work (eg Spain has a withholding tax, France does not) 5/
EU , BREXIT
Mangy Jay
Mangy Jay
@magi_jay
The two most irritating sentences I find myself typing over and over on this website are:
1. "There are many pathways to universal healthcare"
&
2. "No, the Democratic party would not be a center right party in European countries either in social or economic terms"

& if you're going to come at me from the economic angle, plz do some research into EU center right parties. There's a lot of btwn-country variation, but these parties typically aim towards increased privatization of public systems & deregulation of industry. Dems do the opposite.

A related area is austerity. To look at recent history, examine how many EU countries chipped away at funding their extant safety nets, esp in healthcare, during the recession. What did the US do under Dems? A massive expansion of healthcare.

Now, the ACA is far from perfect and I want a much greater public role as well as the eventual minimization/near-elimination of private insurance in the system. That said, it's simply true that the U.S. expanded our healthcare system when many EU countries were cutting theirs.

You can't just compare a party in absolute economic terms across countries. This is especially the case when you have massive generational differences in building of the social safety net/welfare state.
EU
Tony Connelly
Tony Connelly
@tconnellyRTE
How significant were @vonderleyen's remarks to the European Parliament this morning?

One senior EU diplomat says takes note in particular of her opening words. "Frankly, I cannot tell you today if in the end there will be a deal."

2/ That this sentiment is being expressed by the European Commission President on Nov 25 with just over a month to Jan 1, is significant. In Brussels there are only two questions: will there be enough time to ratify any deal? Is @BorisJohnson prepared to take a big political step

3/ Yes, it takes two to tango, etc. But it's clear from Von der Leyen's comments that the EU is going to stand firm on the level playing field issue.

4/ “We are ready to be creative but we are not ready to put into question the integrity of the single market, the main safeguard of European prosperity and wealth" she told the EP.

5/ She repeated the demand for "robust mechanisms" to ensure competition is free and fair over time - ie, going back to the language of the Political Declaration. Also, the need "maintain common high standards now and in the future”. That's the "ratchet" or "evolution" clause
EU

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