May has a tired butt from sitting on the fence.
Merkel’s Germany is at the heart of the problem.
By Mike “Mish” Shedlock and cross-posted from his blog, Mish Talk
One of many Brexit negotiation difficulties is that the EU demands freedom of movement. The EU should look in a mirror.
The EU has deals with Asia, Canada, and the US. None of them requires freedom of movement of labor.
When dealing with the UK, the EU will not let the UK “cherry pick” options. It insists the UK abide by the four freedoms.
EU’s Four Freedoms
- The free movement of goods.
- The free movement of services and freedom of establishment.
- The free movement of persons (and citizenship), including free movement of workers.
- The free movement of capital.
One of the key reasons the UK voted for Brexit was in regards to freedom of movement of labor.
Here’s the current setup within the EU.
Germany, Hungary, Austria, Poland, Italy, and…
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