, Columnist
Will Brexit Actually Happen?
It's a bit of a stretch to imagine Britain reversing its decision to leave the European Union.
He wasn't joking.
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The Financial Times's Gideon Rachman says he thinks Brexit won't happen. The referendum result doesn't mean that much, he argues.
He goes on to say, "It is true the British case has some novel elements." I think you call that ironic understatement. Failing to ratify a new treaty is not the same as voting to leave the union. Refusal to ratify is an instruction to the treaty's designers to try again and do better; a vote to quit, following a prolonged renegotiation of Britain's terms, says, "We've had it and that's that."