Brexit talks made substantial progress recently: so much so that agreement has been reached on a transition period;1 moreover, a general free trade agreement between the EU and the UK also seems within reach. The main question for me, then, is how far-reaching this free trade agreement can be. For example, an agreement without tariffs would be highly valuable and feasible.
Preliminary conclusion: Financial crisis has been caused by a market failure, however, the ignorance of its risk is a major policy failure, –  Stemming from inadequate regulation and supervision of financial (and housing) markets;  –  As well as overly loose global monetary policy. 2  Rajan R. 2010. How Inequality Fueled the Crisis. Project Syndicate. 9 July.