The WSJ reports that the British government should be given time to weigh the consequences of an exit from the EU, citing a close aide to German Chancellor Angela Merkel.
Like in today’s NYT, the WSJ article starts to question whether Brexit will ever happen.
With the doom and gloom that has descended on the UK since Friday morning, it is likely that many who voted for Brexit are having second thoughts. Millions have signed a petition calling for a second election. With the Conservative Party changing its leader and the Labour party in disarray because of Jeremy Corbyn’s Brexit behaviour, a general election becomes more likely. Only with an election would democracy return, with all political parties setting out costed and risk assessed manifestoes.
Political leaders around the world will be looking carefully at strategies to effectively contain the impact of populism. Muddling through seems to be the order of the day, and of course, Angela Merkel is the high priestess.