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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Can someone explain Brexit to me like I am in fourth grade?

I understand what the EU is.
I understand there was a referendum and the British people voted to leave the EU.

Why did they want to leave the EU?

What I really  don't understand is "deal or no deal".  Didn't they have an outlinei in the agreements when they  formed the EU, how that divorce happens?  A prenup if you will?

So "deal" Brexit is Britain negotiates for some stuff they want in leaving the EU, right?

What is "no deal" Brexit and what are the consequences to Britain?

Thanks.

[/quote]

Yes, article 50 is the exit strategy. [b]The "no deal" Brexit will destroy the British economy[/b] because of the European supply chains. Further, the common boarders with Ireland and to a lesser extent, Scotland would be problematic to enforce. The whole thing was a manipulation by Putin to divide both England and the EU and weaken the G7. There was never a plan to a smooth exit, but this was never discussed or disclosed to the voters. It is sort of like how Mexico was supposed to pay for the wall but now US servicemembers are.[/quote]

It may cause some disruptions but these type of things work themselves out pretty quickly. The markets adjust and people adapt. [/quote]

Yup.

EU is a multilateral solution, after Brexit they would need to establish bilateral relations & agreements with each country. Short term disruption.  But then they would be able to make deals based on their own interest, not based on what makes the EU bureaucracy happy.  It's a sovereignty play. The voters know exactly what they voted for.  Thus, Johnson's call for new elections, to replace the MP who ran on Brexit and now want to waffle.

The EU has been dumping on the UK for a while and the citizens are tired of it.  It's a populist movement, kind of a "make UK great again".  The establishment hates it.[/quote]

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