It’s been more than a month since British Prime Minister Theresa May told the British people that her deal was the best they were likely to get, and they still don’t believe her. In theory, Brexit can end one of four different ways:
- No Deal Brexit, in which Britain is unceremoniously dumped out of the EU.
- May’s Deal (or something very similar to it), in which Britain retains a lot of economic access to the EU but at the cost of the bulk of its policy independence. The UK leaves the EU, but becomes a vassal, subject to EU decisions with little say in them.
- Second Referendum (or “People’s Vote”), in which Britain runs another referendum hoping to secure a majority to reverse the result of the previous referendum and remain in the EU.
- The Fantasy Brexit Deal, in which either:
4A: May extracts further concessions from the EU, increasing British policy independence while retaining economic access to Europe.
4B: A general election produces a Labour government, and then Jeremy Corbyn extracts further concessions from the EU, accomplishing the same result as in 4A.
The problem is that #4 is not possible in either its A or B form, but nearly everyone in British politics operates under the delusion that it is.
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