, 5 tweets, 1 min read Read on Twitter
No Deal Brexit Myths Busted
- No "transition period" under no deal Brexit
- No deal doesn't mean status quo
- No deal *requires* hard Irish border (land or sea)
- 99.3% of UK exports go to WTO members. But only 16.4% of trade occurs without extra trade facilitation arrangements.
- We can't walk away from the EU and pay nothing, not if we want to have a future trade deal with them (money's not for smoothing trade talks, but for what we owe on past and ongoing commitments, such as pensions)
- No such thing as: WTO Brexit, global Brexit, managed no deal
- Even if we crash out of the EU on 29 March 2019 without a deal, that's the beginning of Brexit, not the end. We will still need to replace all our lost relationships. But we will be negotiating with zero leverage (we have nothing, and we've already left).
- Across Parliament, there are about 100, maybe 150 MPs absolute maximum if we're very very generous, who would support a "no deal" Brexit. There is literally no chance whatsoever of it getting majority support, under any circumstances.
- No deal is currently the default. If nothing happens to change the situation, the UK *will* crash out of the EU on 29 March at 11pm, triggering all the disastrous scenarios that the Government has spent £4.2 billion trying to guard against.
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