Pro-Brexit capitalists attempt to bring additional pressure to their globalist rivals through a US-UK trade deal
In our previous article we supported that the whole Brexit issue, is primarily the product of a merciless war among rival factions of the British capital.
We also wrote that the 31st October is probably a deadline given by the pro-Brexit capital faction through Boris Johnson. If the globalist faction wants a smooth Brexit through a deal with the EU, it will have to proceed in a permanent truce with the pro-Brexit faction. If it wants to postpone and even reverse Brexit, it will have to give much more. That is, give a privileged position to the pro-Brexit capitalists, in order for them not only to survive, but even gain significantly from one more transformation of the global capitalist system. The transformation that will occur after the next global financial meltdown.
Recently, one of the most identifiable representatives of the international financial capital, Gary Cohn, sent a first message to the pro-Brexit capitalists that the globalist faction of the big capital has nothing to negotiate with the Brexiteers. And we wrote that it would be interesting to see how the pro-Brexit capitalists will respond.
It appears that the response was quite fast.
A couple of days ago, the US-UK potential trade deal matter was brought again to the surface by one of Trump's major warhawks, John Bolton, who - probably for his own reasons - said the US supported a no-deal Brexit and added Washington would propose an accelerated series of trade deals. This has forced the liberal establishment (aka puppets of the international capital) to respond through Nansi Pelosi.
So, it seems that a special US-UK trade deal in case of Brexit, is another weapon of the pro-Brexit capitalists that could be used as a tool of additional pressure on the globalist faction of the big capital.
Indeed, a recent article on the brexitcentral.com website, which gathers the most pro-Brexit business community and intelligentsia, reveals the blackmail, and therefore additional pressure, that could be exercised by the pro-Brexit capitalists through a US-UK trade deal. It was written by Patrick Minford and the title Why a US-UK trade deal ought to mean us finally getting some sense from Brussels, already gives us a taste. Minford concludes:
So when we sign a US trade deal, the EU will lose £20 billion at once, and a further £18 billion if there is no UK-EU trade deal so that mutual tariffs are levied – a total of £38 billion a year, nearly 8% of EU corporate dividends. This implies that the EU will be anxious to dissuade us from making a US trade deal by being more obliging in its negotiating approach over Brexit. Of course, in doing this they will risk annoying President Trump; nor is our new Government anyway likely to be dissuaded from such an important strategic deal. But it all goes to show that the route to getting sense at last from Brussels lies through Washington and President Trump. It is good to see that Mr. Johnson is planning to take this route in short order.
It appears that, as we approach the 31st October, this endo-capitalist war will becoming wilder.
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