We can't afford to walk away. No deal would be crippling
You've just displayed a common and fundamental misunderstanding of the trade position there. Yes, they do sell more to us than we do to them, but there is a vital bit of information you're missing, namely that the total sales of EU goods to the UK accounts for about 4.5% of their income. Take away the amount of money they give to us to buy our goods and their net loss would be about 2%. That's the equivalent of someone on a £25k salary having to take a pay cut to £24.5k. It'd be mildly disappointing but nothing more.The EU is guaranteed to offer us a bad deal, and out insitance that we'll walk away simply warns them not to. But if we do walk away, then it's not just us that are Buggered, it's the EU as well, and as they sell more to us than we do to them, it'll hurt them more than it will us.
You are wrong to assume that either side wants a "no deal" or that either side has any hidden cards.When you play poker or bridge, you don't show the cards you've got, and you bluff the other players that you're holding a stong hand.
Article 50 is quite short and simple. It has been pasted into threads here a number of times, or you can download it from the EU website. Observe paragraph 2.
Article 50 is about resigning from the EU. The effective date of resignation is two years from the date of receipt of the resignation notice, unless otherwise agreed.
You've just displayed a common and fundamental misunderstanding of the trade position there. Yes, they do sell more to us than we do to them, but there is a vital bit of information you're missing, namely that the total sales of EU goods to the UK accounts for about 4.5% of their income. Take away the amount of money they give to us to buy our goods and their net loss would be about 2%. That's the equivalent of someone on a £25k salary having to take a pay cut to £24.5k. It'd be mildly disappointing but nothing more.
No, but can Latvia prevent the 'deal' for resignation agreed between the UK and The Council being implemented?Latvia can't prevent you resigning.
It's in everyones interest to reach a deal, and it's just posturing at the minute.