I don't think Johson can afford politically for there not to be a deal. He needs to say he showed Jhnny foreigner what's waht and they hae to come crawling to the mighty UK, but it will be absolute bare bones and not much better than WTO and definitley much worse than what we had in EU. But it will be made out to be the Battles or Trafalgar, Waterloo and El Alamein rolled into one.
Johnsons problems are a bit more nuanced than that I am afraid. He has a party that is split ideologically. If he gets a deal, the ERG won't be happy. If he doesn't get a deal the rest of the party won't be happy. Neither side is powerful enough on their own to keep him in number 10.
The truth is probably, that at some point in the future there will be a tariff free deal with the EU because it makes economic sense to both parties. The problem we have is the hardship it will cause to a large number of families and business before the deal is struck.
Since when did trading with a politically stable neighbour have anything to do with soverignty? Does anyone get this? I understand people wanting out of the political EU partnership, but that should never have precluded not trading with the EU on a tariff free agreement. I guess the EU said early on there would be no free movement of goods without free movement of people, and some just didn't want that freedom of movement.
The only answer I have managed to come up with is some uber wealthy folks see an opportunity to increase their wealth outside of the EU that didn't exist inside the EU.
If the answer to this is the upcoming tax avoidance legislation that the EU may or may not implement, I don't really buy that. If that becomes the case, wouldn't those companies most effected by this, domicile in the UK improving our GDP in the process, albeit as a bunch of theiving reprobates.
In any eveny Johnson has amajor headache coming up whatever happens.