The following comes from todays Irish Times. David McWilliams is an economist banker person who has written a number of books and articles about Irelands woes....
" The Brexit saga has become a bizarre hostage situation: Boris Johnson is the kidnapper, the ransom is the backstop and Ireland is the hostage. Johnson is demanding the EU drop the backstop or he will shoot the hostage. We’ve been here before. Traditionally, the mantra has been: “We never negotiate with terrorists.” Let’s see what happens.
We all appreciate the notion that if we reward bad behaviour, a kidnapper will resort to intimidation again. The European Union has a choice to make. Ireland will survive this. It might well be convulsive but the economy is strong enough, just. And then what?
When you think about it, the “no-deal” option is only “no deal for now”. No deal is not a long-term option; ultimately, the United Kingdom will have to do a trade deal with the EU. The facts are pretty straightforward – 47 per cent of all UK exports go to the EU and, in turn, 52 per cent of all UK imports come from the EU. No matter how the hostage drama turns out, no matter what the political and economic fallout, the UK will be back at the table very soon. The more chaos at British ports, the shorter the self-imposed mercantile lockout.
Perhaps the EU should sit tight and play the long game? Once he shoots the hostage, all his negotiating power is gone – and the problem for the kidnapper is that he can only wound the hostage, not kill it. All that will remain is the much diminished UK with its economic reputation in tatters. The damage inflicted on its economy will be much worse than anything inflicted on us and, once the dust settles, investors will consider which location is more attractive – the one with open access to the EU or the one with trade barriers, tariffs and red tape that has locked itself out of a market with which it still does half its trade.
Which is more appealing for capital? The one with open access to trade and open access to the best talent in Europe that can live freely in Ireland? Or the one with barriers to entry and embargoes on talented people coming to live there, not to mention an ongoing political chasm where close to 50 per cent of the population feel betrayed and the other 50 per cent feel like they’ve achieved some phantom victory in a war that they started? And all this before you entertain the next Scottish independence referendum.
It’s pretty straightforward. There will be many twists on the road but the long game is glaringly obvious and it is the one on which we must focus. The present incarnation of the British cabinet has made its choice. We have to make ours."
There is a really off beat and clever article earlier in the week by Fintin O'Toole editor of the Irish Times,which describes a process by which SF can simply scupper the entire Brexit project while still maintaining their ideological abstentionist stance. As you are aware they hold 7 seats in NI but don't use them. This now holds the balance of power.
The scheme is one in which they have discussions with other..none DUP parties obviously,and then resign their seats in the current Parliament. All those seats would go non Brexit parties. Then the HoC can demand their extension or their rescind of Article 50 etc... When the inevitable GE occurs, SF of course , contest these seats in the next HoC.