Lesson from Brexit – don’t rush into federalism

IN what German Chancellor Angela Merkel called a “watershed for Europe and the European unity process,” and what one Oxford University professor called “an act of unparalleled frivolity” which the British people may enjoy now but will eventually regret later, Britain decided to leave the 28-member European Union last week by a vote of 51.9 percent to 48.1 percent, causing a “bloodbath” across financial markets, the pound to plunge to its lowest level in 30 years, and David Cameron to announce his resignation as Prime Minister. Calls for similar secession from far-right parties in France, Italy, Holland, Denmark and Greece quickly followed, threatening a possible chain reaction that could ultimately dismantle the EU, just as the Cold War dismantled the Soviet Union in 1991.

Poor England