The UK Economy, Brexit and Boris Johnson’s Challenges

Watch my interview about the challenges and opportunities for the UK economy.

Reaching an agreement that benefits everyone is difficult, but not impossible.

The problem in the United Kingdom is that the agreement that would satisfy the pro-Brexit is almost impossible and that the agreement that would please the pro-EU is impractical. That the message of economic ruin is not bought by Brexiters and not even the Remainers see the marvels of the EU membership.

Economically, it has been a mistake to present British citizens with the idea of “either the EU or chaos”, because it does not work when there is not a clear, exciting and global leadership project.

The United Kingdom, one of the voices that defended economic freedom and open markets in an increasingly bureaucratic European Union is an essential partner to advance in Europe. Reaching an agreement that benefits everyone is difficult, but not impossible.

I have never bought the “EU or chaos” argument. I believe that both parts can benefit from a mutually beneficial deal. I am convinced that, even if this agreement is not approved, the British government will reconsider and present a solid plan for its citizens.

About Daniel Lacalle

Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Author of bestsellers "Life In The Financial Markets" and "The Energy World Is Flat" as well as "Escape From the Central Bank Trap". Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Frequent collaborator with CNBC, Bloomberg, CNN, Hedgeye, Epoch Times, Mises Institute, BBN Times, Wall Street Journal, El Español, A3 Media and 13TV. Holds the CIIA (Certified International Investment Analyst) and masters in Economic Investigation and IESE.

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