The British are fast approaching the tipping point that characterizes all unsustainable economic trends. I refer to such a tipping point as “reflexivity” – when both cause and effect shape each other.
Economic reality is reinforced by political reality. The fact is that Brexit is a lose-lose proposition, harmful both to Britain and the EU. The Brexit referendum cannot be undone, but people can change their minds.
y approaching the negotiations that will start on June 19 in a conciliatory spirit, May could reach an understanding with the EU on the agenda and agree to continue as a member of the single market for a period long enough to carry out all the legal work that will be needed. This would be a great relief to the EU, because it would postpone the evil day when Britain’s absence would create an enormous hole in the EU’s budget. That would be a win-win arrangement.
>>76310802
https://www.project-syndicate.org/commentary/brexit-in-reverse-by-george-soros-2017-06
tldr
kys Jerry
Shan't read a word
>>76310830
He's made billions off predicting what countries will do, you know
>>76310802
UK leaving can be postponed indefinitely which almost surely will happen because the EU is such a useless mess it won't have anywhere near enough time to completely negotiate the exit
UK should be proactive about this and just prepare for a full exit by assisting companies (through tax cuts and deregulation) in swapping from EU partners to international partners