Between the realization that a sensible, economically and politically viable exit from European Union isn’t possible; and the reality that Russia’s Putin and his GRU may have tipped the vote towards the British exit is starting to sink in. Brexit may be doomed.
By James DiGeorgia
The U.K. Parliament yesterday resounding rejected Prime Minister Theresa May’s Brexit deal, in the worst rebuke of an English leader since 1924, but voted today to keep her in office. Her survival may end up spelling doom for Brexit as the European Economic Union (EEU) has made it known it is willing to delay Great Britain’s Brexit well into the second half of 2019.
Economists widely believe that if England leaves the European Union without an agreement and “crashes out” the nation’s and its trading parties economies could get seriously harmed. Also, it would negatively impact world economic growth at the same time Washington’s trade war, and partial shutdown could reduce economic growth in the United States to zero. It’s a mess that the world’s financial markets have yet to discount.
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Because of the tremendous danger, diplomats from the EEU are expressing a willingness to extend the March 29th, 2019 deadline for the U.K.’s exit out of the trading bloc’s organization. So far Prime Minister May has refused to delay England’s departure from the EEU. There is growing support for a new vote on Brexit which was approved by British voters as a non-binding national referendum.
May has pledged to continue to try to negotiate with the EEU to try to get a better deal, but most observers don’t believe she can get a better deal.
The latest no-confidence vote was the latest challenge to May's authority by the opposition leader Jeremy Corbyn who is the “Donald Trump” of Great Britain. Because of his close relationship to Russian President Vladimir Putin who’s GRU was deeply involved in swinging British voters towards Brexit using the same stealth social media meddling used here the in the United States to turn the Presidential election to Donald Trump in 2016. A growing number of British voters and politicians are in favor of a second referendum that would be binding and outline the terms of any Brexit.