Brexit’s Doom Spirals
Financial markets are giving a thumbs-down to Brexit, and they are right to do so. But because it is finance, rather than democratic civil society, that is pushing back against the UK’s decision to leave the EU, the Brexit debate will grow more bitter, and the fallout will become more severe.
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LONDON – Financial markets are giving a thumbs-down to Brexit, and they are right to do so. But because it is finance, not democratic civil society, that is pushing back against the United Kingdom’s decision to leave the European Union, the Brexit debate will become more bitter, and the fallout more severe.