Brexit is just the beginning of the European unraveling. From Darrell Delamaide at marketwatch.com:
Now that Britain has done the unthinkable and voted to leave the European Union, the critics are ruthless in their condemnation of Prime Minister David Cameron for his “irresponsible act” in calling the referendum in the first place.
As if it were his fault.
As if he was responsible for the bloated Brussels bureaucracy and undemocratic governance structure in the EU.
As if he were to blame for the domination of an unequal union by a German chancellor responsive and accountable only to her own domestic political concerns.
Yes, Cameron will step down, as political accountability in a parliamentary system demands. He miscalculated and lost big time, staking his political future on a Remain vote.
It was Martin Wolf, the prestigious columnist for the Financial Times, who last month labeled the referendum on a British exit…
View original post 344 more words