Comments by "peabase" (@peabase) on "No Brexit 'cherry picking': Barnier says UK not allowed to "cherry pick" its way to an agreement" video.

The significance of the UK being able to access the EU's single market is far more significant than the other way around. We in the EU can make do with losing a smallish preferred trade partner, but can you afford to lose a huge one? Moreover, the EU losing its fishing rights in UK waters has relatively little economic impact, since it's more of a political matter. It's the UK that loses big economically.
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Based on past experiences, Britain will be back for more... yet another extension.
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@deancookson9206 The numbers don't lie. The UK's exports to the EU amount to 42% of the total, whereas for individual EU members states, the average is only 8%. That ought to tell you who's dangerously exposed in a no-deal scenario.
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@deancookson9206 It goes without saying that there's more trading going on between neighbours than distant countries. Distance is a trade barrier in itself. That's the main reason why the UK can't have a Canada-style trade deal. Your sense of proportion is still flawed. Even with this neighbour effect calculated in, the UK is far more dependent on exports to the EU than individual EU countries are on exports to the UK. Besides, the affected EU members can boost trade both regionally and internationally to make up for the loss. The UK, with very few trade deals, faces an uphill struggle. For some reason, you seem overly concerned about the bigger EU members needing bailouts. A far more relevant question is how the UK is going to secure a bailout and exactly from whom. The IMF? Join the queue of third-world countries.
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