Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
The United Kingdom's withdrawal from the European Union is rapidly unraveling.The U.K. would maintain a customs relationship with the EU, but it would not be in the EU customs union. Instead, both U.K. and EU courts would enforce a common "rulebook," and the U.K. would be able to diverge from EU trade rules when making agreements with third parties. Academics would refer to this as "realism," which holds that states are driven by clearly defined and articulated interests that perpetually collide with one another at the global level.According to "GOT"-style realism, the EU makes no sense institutionally, because it is based on an impossible premise: the transcendence of nationalism and state interests.The U.K. was simply escaping from a burning house before it collapsed.After all, a new order brings new divisions, as is now apparent in the U.K. The City of London is torn between banks that are worried about losing their European clients and markets, and hedge funds that are looking forward to being free of European regulations.Everyone wants a better world, but few can agree on what such a world would look like.
Money for nothing and your bonds for free
A future without currency wars? It’s possible
Game of European Union Thrones
FOLLOW THIS ARTICLE