They Got It Wrong: Swarms of Global Chatterers Misread Brexit
A global cohort said before Thursday’s Brexit vote that Britain was unlikely to pull out of the European Union, the post-World War II international project that brought an unprecedented era of prosperity and peace. Yet some were led astray by the belief that free trade’s money and material goods outweighed nationalism and the tug of nostalgia.
Among those who were wrong about Brexit before the vote:
Politicians
Conservative U.K. Prime Minister David Cameron called the referendum, presumably confident he would win. He lost, and he’s now resigning.
“Brits don’t quit,” Cameron said in an impassioned plea on Tuesday to voters to support remaining in the EU. “We get involved, we take a lead, we make a difference, we get things done.”
The Brits quit.
Bettors
Opinion polls on Brexit were all over the place; the theoretical lead had changed hands dozens of times since September, although “leave” never reached 50 percent support. Still, betting odds put the chance of remaining at 90 percent as the polls closed on Thursday. Ladbrokes was offering 4-to-1 on a leave vote, according to The Guardian.
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http://www.bloomberg.com/politics/articles/2016-06-24/they-got-it-wrong-swarms-of-global-chatterers-misread-brexit
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