Seems like a massive recession may be the best case scenario right now. Again, I don't understand how this was allowed to happen, but here we are...
For the UK is was a failure of parliament.
First for allowing the referendum to go out on a minor majority instead of the usual 60% typically required for something this important. Mind you it was indicated during the parliament sessions to be an 'advisory referendum' at the time of the act but for some reason that was never indicated after that. It turned into a 'this is it' scenario.
Second was agreeing to trigger Article 50 of the treaty without any plan whatsoever. For some reason, which by all accounts seems to be more about rich people's money than anything else, there was this rush to push this forward without much thought. Thus creating the current mess.
Third, even when a real 'deal' was achieved, based on sticking to the UK's red lines and using their idea for the Irish Backstop, they still voted it down.
Lastly, in truth, regardless how stupid I think this whole thing is and how damaging it will be for poor people and the world economy on the whole. The UK should just leave without a deal and get on with it. There was never really any possibility of a deal that will make everyone happy. If people still to this day fully believe they're better outside the EU regardless of the consequences the get on with it.
The decisions to leave the EU is all based on anger, lies and fear. Negative emotions which the negative mass media and leaders have used well. Take those emotions, wrap a flag around them and call it patriotism and off you go.
There has been such a poor challenge to the half truths and lies from the Brexit campaign that it's saddening. It's really not surprising that we're here.
Anyway, I still have the popcorn ready...