Brexit – what next?

Posted by in Development, Economics

“A revolt against the political class”, according to commentators. Get real! Today’s primary problem is globalisation and increased inequality and instability. The EU is one of globalisation’s more subtle tools, promising better government for the poorly governed and financial help for the less well off, but It’s a complex take-it-or-leave-it package. Most people have been happy to take the cheap debt and ignore future costs, but each crisis like this brings our day of reckoning closer. So what exactly are the consequences of Brexit, Britain’s abandonment of Europe? For Europe,…read more