Former EU Commissioner Says EU, U.K. Playing Chicken

The transcript discusses the challenging Brexit negotiations between the UK and the EU, highlighting the tough stance taken by both sides. It explores the EU's perspective on the UK's expectations post-Brexit and the potential consequences. The discussion also covers the options available to the UK, including remaining in the single market, and the economic implications of a hard Brexit, emphasizing the long-term effects on investment and growth.

In what way does the speaker believe the British side misunderstands EU membership?

What does the speaker predict about the impact of a hard Brexit on the UK economy?