Speaking of international trade and the ability of some to thoroughly botch their global position, WaPo's Sebastian Mallaby has an insightful piece on Britain's upcoming calamity: the execution of Brexit.
The sure-to-unfold calamity, he writes, has been postponed by a "surprise recovery in the world economy" and British industry's yet-unpaid "price" of losing Europe as a single market. Trump’s election has also been a geopolitical distraction for Brits, and, in an exceptionally well-written passage, Mallaby notes Prime Minister Theresa May's "extraordinary position of not facing a coherent domestic opponent. The Labour Party is under the sway of hang-dog neo-Marxist Jeremy Corbyn."
But, continues Mallaby, time and distractions from Britain's inevitable calamity are running out:
With this week’s initiation of the Brexit talks, May will face a harder time. Trade-offs that could be pushed aside, on the argument that they were matters for future negotiation, will come more clearly into focus. The foolish bravado of the Brexiteers, who assured voters that negotiating with 27 other countries would be a simple challenge, will be relentlessly exposed. British businesses, which for the past nine months have been implementing earlier investment commitments, will freeze plans for new expansion. The moment of truth for British populism has come a bit nearer.
Britain is still our mother country, and one wonders how far the acorn will fall from the tree.