Vox Sentences: Brexistential crisis
Your Brexit panic reading guide.
Vox Sentences is written by Dylan Matthews and Dara Lind.
TOP NEWS
Brexit: the vote
Mary Turner - WPA Pool/Getty Images
Brexit: the future
Mary Turner/Getty Images
-
The first aftershock of Brexit has been political: UK Prime Minister David Cameron, who led the campaign to stay in the EU, is resigning as head of his Conservative Party and therefore as prime minister.
[The Telegraph]
-
His most likely successor in both roles is former London Mayor Boris Johnson, who was one of the leaders of the Leave campaign (but who, on Friday, sometimes had the look of a man who hadn't realized he might actually win).
[WSJ / Nicholas Winning]
-
What's more likely, though, is that at some point Britain will invoke Article 50 of the Treaty on European Union, which sets a two-year clock for the UK and EU to negotiate terms of conscious uncoupling.
[Lawfare / Zoe Bedell]
-
The source of anxiety for markets is what a post-EU trade deal would look like for the UK. After all, there are plenty of EU countries that would like to get some of the UK's business, and the EU has an interest in levying harsh terms on the UK to deter other defections.
[Vox / Matt Yglesias]
-
The source of anxiety for the politicians like Johnson who are (likely to be) suddenly in charge of the country, meanwhile, is immigration in a post-EU UK: It turns out that the implicit promise of drastically curbing immigration is not quite as easy as they implied during the campaign.
[Vox / Dara Lind]
Brexit: the repercussions
Carsten Koall/Getty Images
-
Economic experts agree that Brexit is going to be tremendously bad for the UK economy, other European economies, and the world economy. Like, very bad.
[Vox / John Van Reenen]
-
The future of the EU post-Brexit is murky. The vote changes internal power dynamics, giving Germany even more relative power than it already has — which no one, including Germany, wants.
[Deutsche Welle / Dagmar Engel]
MISCELLANEOUS
VERBATIM
-
"Amid bright paintings, multiple drum kits, piles of clothes, ball pit balls, and other odds and ends, members of the Lamont Street Collective are deciding what gets packed now and what will remain for the eviction specialists to remove. As of today, they could be kicked out at any time."
[DCist / Rachel Kurzius]
-
"The term 'neoliberalism' is now completely detached from any actual characteristics of an economic policy regime, and is just a sort of free floating insult tossed around by the left, attached to anything they don't like about the world."
[EconLog / Scott Sumner]
WATCH THIS
Sydney Morning Herald
Get Vox in your inbox!
Add your email to receive a daily newsletter from Vox breaking down the top stories of the day.
By signing up, you agree to our terms.