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Holger Hestermeyer Profile picture
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17 Jun, 5 tweets, 1 min read
I was, quite justifiably, asked "what does get over Brexit mean" given the trade effect of Brexit. That deserves an answer (thread)
I have not been shy pointing out that from a trade perspective Brexit is not a winning proposition - but that the EU is about more and if you do not want to be part of it that is a legitimate choice.
I have repeatedly pointed out falsehoods. But I try to inform debate about actual choices from where we are.
What does that mean for those who want to be in the EU, who have lost opportunities - or even their livelihoods - because of Brexit? For the argument that UK-Oz does not compensate for economic loss caused by Brexit?
That argument is not pointless. It is an argument for closer UK-EU ties. I favor those arguments from the trade side. And yes - there are arguments for political responsibility too.

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More from @hhesterm

Holger Hestermeyer Profile picture
18 Jun
A tale of how to rule in partisan 24/7 journalism. With journalistic failures by the Guardian, Telegraph and Express. (thread)
Today, a Belgian court delivered a judgment on preliminary measures in the EU v AZ case. /2
We first learned about it by an AZ press release. Which sounded very good for AZ. Here it is. /3
Read 14 tweets
Holger Hestermeyer Profile picture
18 Jun
To journalists reporting about the AZ case in which, apparently, interim measures were delivered (thread)
I have now seen reports that AZ won (based on an AZ press release) and that the Commission won (based on their press release). How do you know?
First: establish where we are in the proceedings. Is it done? Or an interim measure? Then: look what the two parties asked for. And what was granted.
Read 9 tweets
Holger Hestermeyer Profile picture
17 Jun
This country has got to get over Brexit. The debate is increasingly skewed - and allow me to argue this tweet is actually counterproductive in that regard (and I say that as someone on balance in favor of a UK-Oz FTA) (thread)
FTAs have always had people who favour them and people against them. That's true of the WTO, too. Think of the "battle of Seattle" (en.wikipedia.org/wiki/1999_Seat…)
Some of that is opposition to globalization, some of that opposition to free trade. Some of it has good reasons, some of it reasons I reject. But it is a debate that is very much present everywhere. And it's not about Brexit. But there's more.
Read 8 tweets
Holger Hestermeyer Profile picture
17 Jun
A reminder, of course, that this is an agreement in principle. Meaning there is no FTA yet. Those not doing trade will find that astonishing ("what is the fuss about if there is no trade agreement?"). But it has become customary. /1
Before we have an agreement, an "agreement in principle" is announced. That means that some stuff is not agreed yet, though most is. "So how much is agreed, how much isn't?" you might ask. The rough answer is: nobody knows. /2
"But the tough issues are all solved, right?" Well, the tough big ones. There might be tough small ones that are missing, it might take a bit, but the parties are certain they'll get there. /3
Read 5 tweets
Holger Hestermeyer Profile picture
16 Jun
Are we back to not learning from each other? (Short thread)
The vaccination campaigns on the continent are roughly 6-7 weeks or so behind the UK one. And, curiously, the same seems to apply to the mood - "hooray, freedom".
The incidence rates are at a similarly low level as the UK saw a couple of weeks back: Germany is now at 13.2. The UK was at the low point in May. It is now back up to 70.
Read 5 tweets
Holger Hestermeyer Profile picture
7 Jun
A must-read portrait of Johnson. I disagree on one issue... 1/3 (short thread)
Namely the notion of populists that seems to underly this passage (note that this has nothing to do with Johnson and the great article as such). It establishes a dualism between those who work for themselves and for the country. And here’s my issue /2
I think that the populists of the ages - whether Orban or Trump - have found ways to make money while being in charge, but they would all say that they are fundamentally good for the country. And the money? Why should they NOT make money given how great they are.
Read 5 tweets

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