I don’t know how the WP/CMEA border controls are relevant to the debate over Brexit. Strip searches and other harassment was common at those crossings as the guards were well aware that people were smuggling in hard Western currency to relatives behind the Iron Curtain. It is one thing to be able to get a close look at one’s adversary; it is quite another to deal with hidden pockets and mostly blacked-out letters because one’s loved ones are in that adversary’s clutches…
Free trade deals with the EU are possible, along the lines of the Canadian or Israeli deals. Note that both the UK and Ireland as EU members had opted out of the Schengen Agreement, as has Svalbard in Norway (EFTA). Switzerland is a member of the EFTA but not the EEA and has signed a FTA with the EU. Denmark and Poland are two other EU members who have opt-outs to EU protocols and the Czech Republic is considering one as well.
A number of Leave voters are protectionist and want to restrict European workers from working in the UK. However, from what I have seen, the Leave concern is primarily with non-working migrants entering the UK by way of the EU and then claiming British benefits, in particular migrants crossing from Calais through the Chunnel (originally from Africa and West Asia) and Roma families from Eastern Europe. Norway is not obligated to support non-working migrants from the EU the way it would be if it was an EU member state.
Actually, the UK’s payments to the EFTA would be ~87% lower according to this analysis (
http://euquestion.blogspot.ca/2016/0...rsus-efta.html)
The ECJ does not apply to the EEA, which has a separate EFTA Court, and the EFTA Court does not apply to Switzerland.
No one knows how Brexit will play out and the demand for certainty now is only creating uncertainty. No amount of post-Brexit corporate soundbites intended to frighten Britons have any bearing on firms' capital allocations over the next 5-10 years.
The UK stock market clearly regards Brexit as less worrisome than the monetary policy divergence started by the US Fed in December, and its subsequent asset revaluations.
The European Council and Commission's poor behavior in light of Brexit only confirms the disdain for national democracy and illuminates Brussels' desire to create a United States of Europe.
Remember the American example of state vs. super-state competition? Remember how American casualty rates among fighting men were on par with the Soviet-German experience from 1940-1945? Not to be hyperbolic but the EU is the creator of its own problems, due to its desire for top-down central control at the expense of national assemblies.
From a cultural perspective, the role of Germany has proved dangerous. I take the British view from the 1920s, that the German national "star" should join the galaxy of other nations. Well, unfortunately, Germany did a supernova and almost wiped out a number of other stars. The Allies tried to keep Germany as a dwarf star, but it has collapsed in on itself and is crushing the rest of Europe with the power of its own self-destruction. And the British said, no thanks. Hopefully Merkel has her own bunker in Berlin for when her "children" come looking for some spending money...
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