Karl Whelan

Karl Whelan


Professor of Economics at University College Dublin.

16243 followers  •  351 follow  •    •   https://t.co/NvGOAfYRXr

Many of the things feared by Irish and EU businesses --- non-conforming products like hormone-injected beef coming into NI and then being shipped on to the EU --- are gone with this proposal. This is a major step towards protecting the single market.

Johnson's idea of 10 mile wide custom check zones can't and won't happen. Something else needs to be done on customs but people should not underestimate how big a deal the alignment of NI with EU goods regulation is.

But personally I have always supported the idea of backstop arrangements requiring democratic support in NI. Without it, they are just not sustainable.

But perhaps this could be a landing zone for a deal in early 2020 after a Johnson government Mark 2 is elected.

Oh look, the people who always whine about ECB policies and make bad predictions are whining again.

I'm always happy to engage with people who aren't obvious assholes.

@SamuelMarcLowe  @MESandbuThis  is the kind of thing I've been promoting for years. Never got any sense there was appetite for it on either side. November 2017: January 2019:

I don't get people tweeting this "Finnish President" thing and then admitting afterwards they know it's not the Finnish President but it's fun. Spreading false information isn't fun and it's a gift to Trump and his "fake news" agenda.

I think Grace has been piled on enough by now. Either she gets it or she doesn't.

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German request for Greece to sign over €50 billion in assets. This is 27% of Greek GDP. In the U.S. this would be €4.5 trillion.

Hovering between relief and disgust at the agreed deal. I think this from Munchau summarises the key issue now.

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BBC news appear to have essentially ignored Davis's admission on the sectoral studies. Not only are the days when ministers had to resign for repeatedly lying about crucially important information are long gone -- the British press actively thinks it just doesn't matter.

Here is the supposed "No Bailout" Treaty clause. It doesn't prevent bailouts and doesn't prevent debt restructuring.

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Looks like Newsnight will go through their full discussion without mentioning the Irish backstop. No wonder the UK is such a mess. Failure to understand the basic process of the Brexit negotiations is endemic. Hard to see it ending well now.

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