Remember the Brexit as the moment when xenophobia won

[PSPS]

51. That seems to be the "officially approved" interpretation, which is wrong, of course

DU is very cliquish and parrots what is said/promoted by whatever media is in favor at the moment. In this case, the "official DU-approved" interpretation of brexit is that it's xenophobia. While there's no doubt such feelings affected some people, the EU is/was doomed to failure because of what it is.

The UK has not been "part of the EU for 41 years," which the ill-informed media likes to say In fact, the EU hasn't existed for that long.

The predecessor to the EU was the EEU -- the European Economic Union. This was to integrate the economies of the member countries.

In 1993, this was morphed into what is now the EU which imposes a federal governing system on member countries. The problem with this is that the governing members in Brussels are not elected. This is a fatal flaw for any federal system. The real purpose of the EU is to adopt a race to the bottom which was quite in vogue in the 90's and still is within some circles.

Another silly thing people say is that the same "forces" behind brexit also drive the Trump movement. That's ridiculous. The Trump phenomenon is a product of the political right while the brexit motivation is a product of the political left. The motivations are polar opposites.

"Won't someone think of the banks?" This is probably one of the most hilarious canards you hear about the "terrible effects" of brexit. What's going to happen? Are "all the banks" going to close and move to France? Has London suddenly become useless as a financial center because it's out of the EU? Well, be sure to forward that memo to Hong Kong and Toronto and New York City. This will be news to them.