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P J R M I

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M O R G A N A To: 10 Downing Street
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I T ´ S A B O U T B A L A N C E London
U SW1A 2AA
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A To: The Prime Minister, the Rt Hon Boris Johnson MP. URGENT.
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Regarding: Counterplay the European Council for a better Brexit deal.
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Sunday, 8th September 2019.

There may be another method of negotiating with the European Council on Brexit, by finding
legally conflicting aspects of the existing withdrawal agreement and the individual European
Union member states domestic obligations. I explain this process in the enclosed article that
was published on my blog, if you require an electronic version to forward to other parties.

I understand the Scottish National Party require a strong trade deal in the Brexit withdrawal
agreement or they stand to lose £9 billion per year of their economy. If you can maintain the
existing trade deal with the EU after Brexit you might be able to get the 35 Scottish National
Party MPs in Westminster to back the withdrawal agreement, giving the numbers to pass it.

It may be illegal for the European Council to not provide a better trade deal with the United
Kingdom after Brexit, due to conflicting interests with the European Union member states
own legally required obligations. This offers the opportunity to counterplay the European
Council with the European Union member states by using clashes in its own legal framework.

Kind Regards.

Peter James Rhys Morgan.

Copyright © 2019 Peter James Rhys Morgan.


PJR Morgan: Website: morganisteconomics.blogspot.com
Counterplay the European Council to get a better deal for Brexit.

By Peter Morgan.
13:23 06/09/2019.

There is a legal necessity for the European Council to provide certain allowances, provisions
or obligations and to achieve specific economic targets, which the existing United Kingdom
withdrawal agreement prevents. This causes a problem between the European Council and
the European Union member states. The legal framework the European Union has set has to
be upheld by the European Council or there is a failure in stewardship, which is illegal. The
individual European Union member states have responsibilities to their national populations.

The failure to enable any legally required obligation or target to be achieved, as a result of the
United Kingdom's departure from the European Union conflicts with the individual European
Union member states' own domestic obligations and targets. This is the opportunity for the
United Kingdom to get a better deal in the Brexit negotiations. By explaining the costs of the
existing withdrawal agreement to the Premiers of the European Union member states it could
be possible to encourage them to pressurise the European Council to get a better Brexit deal.

Economic targets in particular are required by the European Union's own Treaties and were
set to guarantee the financial stability of the European market. The trade deal in the existing
withdrawal agreement is not sufficient to attain the economic targets of either the United
Kingdom or the European Union. If the European Union does not maintain the trade deal it
has now with the United Kingdom after Brexit it will likely push the European economy into
recession, this will inhibit the individual member states from being able to repay their debts.

It has been communicated in a letter to the President of the European Council the economic
targets set by the European Central Bank and the requirements of the Stability and Growth
Pact may not be reached, if the existing trade deal with the United Kingdom is not maintained
after Brexit. Assuming the letter is accurate in its predictions the individual European Union
member states may find it difficult to manage their domestic economies as a result of the
Brexit negotiations, this will conflict with the European Union's own criteria for governance.

There has to be some kind of concession made in the trade deal negotiations for the European
Council to become compliant to its own legal framework. The technique of finding conflicts
with the Brexit negotiations and the European Council's legal obligations to its member states
provides the opportunity to counterplay the offered withdrawal agreement. This is not only in
regards to the trade deal for Brexit but on any other conflicting issue between the individual
European Union member states and any set agreement put forward by the European Council.

Copyright © 2019 Peter James Rhys Morgan.


PJR Morgan: Website: morganisteconomics.blogspot.com
P J R M I
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M O R G A N A To: Rue de la Loi/Wetstraat 175
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I T ´ S A B O U T B A L A N C E B-1048 Bruxelles/Brussel
U Belgique/België
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A To: Donald Tusk President of the European Council.
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Regarding: European Trade Deal with the United Kingdom.
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Wednesday, 21st August 2019.

I am an independent freelance macroeconomist who develops new tools and policies to


enable progress. I wrote a book on the 'Euro Crisis', which accurately predicted the United
Kingdom would withdraw from the European Union. The book examined the failings of the
European Commission which led to the sovereign debt crisis in Europe. There was a lack of
adherence to the legally binding economic targets set by the European Commission and the
European Central Bank, which if attained could have prevented the European debt crisis.

Eurostat the statistical body of the European Union failed to report and control sovereign debt
levels in many European Union member states. This fell outside of the legally required
targets and expected procedures set by the European Commission. I am concerned that if the
European Union does not maintain the existing trade deal with the United Kingdom after the
withdrawal process has completed that it could push the European Union back into a serious
debt crisis or a deep recession, only a very small reduction in GDP could trigger this scenario.

Debt repayments are difficult to achieve and often require bailouts, even a minimal reduction
in the money available in the economy on an annual basis may make bond instalment
payments impossible without further support from the wider European Union. National
money supplies must remain in perpetual growth to make repayments viable due to the
calculations used in lending agreements being based on principal investment. In short a small
fall in monetary growth in an economy could lead to an inability to make debt repayments.

As an independent freelance macroeconomist I am informing you of the legal obligation that


you have to maintain economic targets throughout the European Union and the consequences
of a possible recession. I believe European recession is a likely outcome if the European
Commission does not maintain the same trade deal with the United Kingdom after its
withdrawal from Europe. I have enclosed a copy of the book 'Euro Crisis', which explains the
consequences of the European Commission's prior failure to attain its own economic targets.

Kind Regards.

Peter James Rhys Morgan.

Copyright © 2019 Peter James Rhys Morgan.


PJR Morgan: Website: morganisteconomics.blogspot.com

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