This is partially correct.

Britain, in an act of suicidal lunacy, chose to “leave” the EU, cheering in a wave of delusional nationalism. The EU wasn’t just Britain’s friend: Britain is a tenth the size of the EU, economically and demographically. You don’t just “leave” a union and market ten times bigger than you, without catastrophic consequences, like trade stopping, investment ceasing, unemployment spiking, prices soaring, and shortages happening. So we economists warned all this was, well, suicidal lunacy. But something had broken in the minds of British people. They didn’t believe it. They believed adorable but dangerously misinformed old conservative idiots with names like Lord Ducky Crumpets-Walpole, who themselves didn’t have the faintest clue as to what “breaking up with your closest ally in the world, who’s ten times bigger than you” really meant. And so here they are.
Congrats America, You’re Not the Dumbest Country in The World Anymore. Britain Is.
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umair haque
Joseph Lambert
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Jan 31, 2021
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This is partially correct. The main reason why Brexit happened was because American and European capitalism began to decline after the 2008 economic crisis. Every 4 to 7 years, capitalism exhibits a major crash, and the timeframe between the 2008 and 2020 crashes was over 11 years (the longest expansion in history). Britain suffered greatly in the 2008 financial crisis and attempted to do Brexit in an attempt to save its economy. It didn't work at all.
The EU needs to be replaced with the United Socialist States of Europe. That's the only way out.
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Written by Joseph Lambert146 Followers
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