The first is if David Davies does not get a 'deal' from the EU we will crash out of the so called single market onto WTO rules and burn in Lib Dem hell listening to a Farron loop for all eternity worse than the punishment Zeus meted out to Prometheus. I doubt if Farron knows what the 'single' market is. Its ceratainly not a market in the meaning of common parlance, rather a set of regulations on things like the size of toothpaste tubes and it does not cover services which is the majority of UK trade. It is a term coined by John Major and used by him Brown and war criminal Blair to try and disguise their historic incompetence and preserve their negative 'legacy' and thus ensure their lucrative lecture engagements continue to roll in.
During last year's referendum campaign the Remainers repeatedly claimed over 40 % of our trade was with the EU. This is an overestimate in my opinion but for the sake of argument let us accept this figure So what rules did the other 60% of our trade use. Answer WTO as does 93% of the non-EU world. ( P Ashdown please note). Its simple arithmetic 100 lesss 40 leaves 60.
On this 60% of WTO trade we run a slight balance of payments surplus. On the remaining 40% we have a trade defict of almost 90 bn. a large chunk of which is with the Germans. I doubt if Dr Frau Merkel would be allowed by German industry to close down this lucrative trade that keeps over a million Germans employed making motor cars for the UK market.
Yet the Renoaners given great publicity by the BBC still rabbit on about how much we willl lose if Merkel is not nice to us andd we 'have' to go to WTO rules. The opposite is the truth. Its the EU that will lose big time, 90bn euro.
As well WTO rules cut both ways so the price of German goods will go up and the volume fall. I do not think this is desirable but if the EU choose to play hard ball they will lose far more than we will. The best solution is as suggeted by Patrichk Minford, abolish tariffs altogether on all trade which benefits Joe Public hugely but of course the French will never allow it but if we are outside the EU their views do not matte one jot.
To change the subject I am apppalled a small contigent British troops are to be sent to the Baltic. Thats how WWI and WWII starte. Keep our boys and girls at home and let the EU deploy its Eurocrat army to Lithuania etc. That will really frighten the Russians.
Our politicians should devote all their efforts to supporting our PM Mrs May.