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There is only one economy in Europe that, while it has its issues (mainly demographics and shortage of labour, which may or may not be solved by a million Syrians), is sustainable on a long term basis and that is Germany. What we now call the EU may not exist, only because the weaker countries economically (Italy, Greece) may be too much of a drag on the core.
What I see happening is a two speed Europe (Germany, Holland, the Scandinavian countries, maybe France if the Macron revolution happens, which is doubtful).
Either way I don't see the UK ever being a part of the fast lane, following Brexit.
Trade deals with other distant countries will (1) not substitute for existing deals with our neighbours (geography matters in economics) and/or (2) may come with conditions that are unpalatable - witness the US demands that the NHS pays more for US drugs and Indian demands that more visas are provided in exchange for trade.
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