Also interesting the shift in the UK operations from a +5% UK Growth rate based on earlier Sterling currency planning and a real -1% Growth rate thanks to the effect of Brexit.
The most real short term effect is a shocking loss of stability.
As someone not even living in Europe, but with friends living in the UK, I feel that the best path forward is for Europe to continue to refuse to negotiate anything, for the leaders in the UK to stew and not actually press the self-district button they voted to remove the safety cover from, and for a new set of elections to be held allowing those who are now more cognizant of the terrible decision they allowed emotionally charged rhetoric to goad them in to making to show they've changed their minds.
> [...] a new set of elections to be held allowing those who are now more cognizant of the terrible decision they allowed emotionally charged rhetoric to goad them in to making to show they've changed their minds.
Amusingly, it's primarily the Remain camp's predictions of total economic catastrophe that have proven false.
One might even describe it as "emotionally charged rhetoric"
The majority of the bad things that the "Remainers" are worried about haven't taken effect yet. The vote happened but things are largely unchanged. I don't think you can use the last several months as proof that the worries of those who voted to Remain were incorrect. That's the same logic as those people who blamed Obama for the 2008 Bailout, when it was very clearly in motion for a long time before he even took office.
The remain camp predicted total economic catastrophe after the actual Brexit. You can't say anything about it is proven yet because it's still a few years in the future and will depend on the negotiations, what Scotland does, how ongoing law suits will go, and so on.
> So democracy is only OK so long as you get the "right" result? And UK should be forced to remain in a union despite their will?
I want to agree with you but I can't because I want a new referendum for Scotland well as for alternate voting. Opponents will use the (fiercely neck and neck) results to show that the discussion on this topic is over and I vehemently disagree. If you see it as my rejecting people's will, so be it. Nothing: not will of the majority, not rule of law, nothing is absolute. Everything is up for negotiation.
Agreed, we just moved back to the Ireland from UK and it's been painful currency wise. The UK used to be such a stable place for business but now definitely not...
Yes, but the real costs are only clear after the negotiations, and at that point I don't think the EU will allow a way back (with the risk of doing the whole thing again a few years later).