Well, for starters, it remains an incredibly stupid idea. I mean, I’m all for self-determination, but if you’re gonna do something as dramatic as fundamentally change the economy, foreign policy and international relations with much if not all of the world, maybe think it through first. But that’s just me I guess, certainly not Boris Johnson and David Davis, the former foreign secretary and the former Brexit minister respectively, who both decided to leave when they didn’t get the exit they wanted. Not that either of them have a better idea, mind.
The issue for Brexit remains, at least for me, the complete lack of a real plan that very importantly Europe agree’s with. It’s all well and good that Prime Minister Theresa May has a plan to at least move towards (in fact this is a very good thing as they didn’t even have that a few weeks ago) but the EU has no great reason to accept this plan, not if it provides Britain with much of what they want at little cost. Remember they want to prevent more countries from considering exiting the EU, even if they are annoyances (looking at you Poland). If the EU decides to simply refuse such an arrangement, if they refuse give Britain more time to negotiate then likely the country is looking at a hard Brexit. And despite what Johnson and Davis seem to believe that is only going to hurt.
Here’s the simple truth: as far as I can tell, Britain is not prepared or preparing for Brexit, any Brexit. There is no current development of their industries, no trade agreements being discussed, legally or otherwise, and London is not prepared to be pulled out of the EU which is a very important point. The economy of Britain can basically be separated into two points: London and the rest. The rest is agriculture, industry, tourism and so forth. It can be developed and rebuilt as necessary with he required funds. London has tourism and intellectual property. It used to have ports and other points of industry, but those have since been lost in favor of an integrated economy with the EU, primarily in terms of banking, law and intellectual property. And it was good! Business was booming and London was a fixture in many of the concerns and developments of the EU. Without that though, and without any development being made, it’s difficult to surmise what will happen to London, and the British economy at large.
So yeah, Brexit in a nutshell: no plan (in effect), no preparation, and unless the EU changes its mind, no future. Not for a few decades at least.