Britain will become a US economic satellite.
Britain is inexorably hurtling towards a ‘hard’ Brexit. This is not only a disaster for the millions of EU citizens in Britain and British citizens in other EU countries, but exiting the European internal market will throw Britain into the clutches of the Trump’s America, economically and politically.
In the EU British capitalism was a major player, but under US tutelage, Washington will have the whip hand. Trade agreement there may be, but it will be on US terms.
How will British capitalism operate as a US economic satellite? We know: freed of EU social legislation it will slash social spending, worker protections and wages. The working class Leave voters will rue that day in June 2016 when they backed Brexit.