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Brexit: the bloodbath — Crooked Timber
A coalition of English and Welsh voters, advanced in years, low in education, and xenophobic in attitude, have enabled the worst and most reactionary people in British society, made it extremely likely that Scotland will secede, undermined the peace settlement on the island of Ireland, and destroyed the UK’s access to the single market. They have made it likely that their children and grandchildren will be deprived of the right of free movement within the EU. The pound is tanking and the stock market too. Imports will be more expensive, inflation will rise, house prices will fall but interest rate rises will keep the cost of being housed high. Immigration will probably fall, but not because “we” regained “control of our borders” but because immigrants come for jobs and there will be way fewer of those. Already we have the farce of areas of the country, like Cornwall, that voted for Brexit demanding that central government guarantee that the EU subsidies they get will be replaced. And then the horrible lying politics of the whole campaign, with Leave claiming that money saved on the EU would be diverted to the NHS (a commitment Farage repudiated within hours of the result). Little England with Wales is a poorer, narrower, stingier place. Cameron, the most incompetent Prime Minister in British history and the architect of this disaster is walking away, to be replaced by a hard right Tory administration under the leadership of Gove, May or the Trumpesque clown Johnson. People, we are well and truly fucked.