Profile picture
Holger Hestermeyer @hhesterm
, 6 tweets, 2 min read Read on Twitter
I agree entirely with the honourable MP that people need to be educated. In that spirit: short thread
1) the UK does not leave the EU because of UK law. It leaves under EU law, which the EU realises, of course. Art. 50 of the TEU means EU law ceases for the UK. The EU is powerless to stop this. So is UK Parliament with the only caveat of ordering the government to revoke notice
2) the honourable MP is entirely correct to state that armageddon is not upon us in a no-deal scenario. I do not think armies will gather for a battle for the endtimes. But a no-deal scenario does imply significant economic pain. Let me explain...
3) Trading on WTO terms is a signifcant step down from our current trading terms with our lagest trading partner - the EU. Here’s a report describing WTO law and comparing a bit to the status quo. I wrote the services part ukandeu.ac.uk/wp-content/upl…
4) If you think that’s too shallow and you need more info (or are interested why I claim to know anything about these things at all): here’s the best commentary on the GATT out there (yeah, true, also the only one, so also the worst). I edited it. amazon.de/WTO-Trade-Good…
5) And a short logical comment: if WTO terms were so good, why would we be keen to sign a trade agreement with anyone? The truth is: because those terms are better...
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Holger Hestermeyer
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!