This is a balanced and powerful article from the Economist.
Some who do not favor the EU will argue that it was because of France‘s President De Gaulle the UK never got a chance to be at the center of the EU. On the other hand, many Europeans argue that the UK has chosen to sit on the periphery of the EU. Most Europeans, including political leaders, have been well behaved about the Brexit referendum and have not tried to use it to their own political advantage. However, finance ministers in both Germany and France have warned that in the event of a Brexit win, then the negotiations would be tough – I suggest we think of Greece and multiply by ten – the pressures would be enormous, impacting global financial markets.
Regular readers of this blog will know that I am passionately pro-Europe and in favor of the UK remaining in the EU.
I go along with the Economist and Barack Obama that the UK could be be at the center of Europe, influencing policy and perhaps leading in a collaborative way. But for this to be realized, UK political leaders would need to get off the fence. After the Brexit referendum, with a win in favor of remaining in the EU, I struggle to see David Cameron leading the government much longer and would expect him to step down on a high. This would precipitate a Conservative Party leadership contest, well before the next election. I fear that Boris, the bruiser, has blotted his copy-book, so the race is wide open. The leadership election will, of course, depend on the results of the referendum.