To sum up, it is my firm view that deepening and modernising the European internal market is the best economic strategy to counter the geopolitical challenges posed by Brexit. Which brings us to the new European Commission. The team of Ursula von der Leyen will officially go to work in Brussels on 1 November 2019.
People should bear the consequences of their decisions about lending, borrowing, and managing their portfolios, both when those decisions turn out to be wise and when they turn out to be ill advised. At the same time, however, in my view, when the decisions do go poorly, innocent bystanders should not have to bear the cost.