With voting about to get underway in the Brexit referendum, what is the best outcome for Britain?
I won't link to the
betting sites, because the odds will change so rapidly, so there is not much
point in deriving probabilities from them. Last estimate was 1.25 for Remain
and 4.00 for Brexit. That translates to an implied 81% probability for Britain
to remain in the EU.
Better for Britain is a
very close Bremain, say 51 - 49 or 52 - 48. This would force the Eurocrats to
really put a dollar value on Britain remaining part of the EU, without the
chaos of it actually exiting.
The
salient problem driving the Brexit vote is the technocratic socialism which
Britain has always hated. To imagine anything else in the EU is anathema to the
EU MPs in Brussels and that is the nub of the problem
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