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16 November 2018

HMS Brexit: Ship of Fools

The non-binding Brexit referendum was won by a 1% margin. 15 million registered voters (ca 28%) didn't vote. So only a minority actually support it. The consensus is that there is no good way to achieve it. We are blundering on regardless with everyone hating the result.

One extreme faction want to crash out with no deal and rely on WTO rules. But that adds 10% to the cost of all our exports overnight. The USA is poised to trash the WTO. And we get a hard border in Ireland which is likely to restart the war there.

The middle ground Brexiteers want to stay in the customs union which means following all the rules but having no say what they are. Which the hardliners hate with all their hearts.

The opposition have backed Brexit for some reason. Now they have to rationalise a position they all hate, while finding indirect ways to oppose - they will vote against the deal and cause a no-deal crash out. The worst outcome for them.

People who wanted to remain point out that the leave campaign was based on lies and many leavers have changed them minds now. But no one is seriously talking about backtracking.

In the absence of any plan and in the face of considerable illwill from Europe over the divorce, the govt have thrashed out a deal that no one likes, which the cabinet and EU leaders are likely to vote down on both sides of the channel.

And if this happens, the PM will be replaced by a hardliner. The hardliners will win and everyone else will lose. And they will win because they are rich and have bet against the UK by investing their wealth elsewhere, mostly in Europe!

The democratic process has completely broken down at this point. The establishment far-right will have wrested control of the government away without any vote. And committed the nation to a course that the majority do not want. 

Welcome to the future.

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