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It's not about punishment, but fairness and self-preservation. There's no point to the EU if countries can leave and enjoy the perks of membership at the same time. If the EU is going to come out of this in one piece, they will need to demonstrate that the perks of membership go hand-and-hand with the sacrifices needed to make things work.

Unfortunately for Britain, they've shown their hand early and they have no real leverage. I think the EU will demonstrate good will because they understand that those most directly affected by this vote did not agree with it. So I won't be surprised to see visa waivers and the like for expats.

I also think future trade agreements will be "fair." Which is to say, I don't think they will be punitive, but I doubt it will be as favorable to "independent" England as it was to "member" England.




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