Was the entire Brexit voting completely useless?!

Sometimes I feel like we live in some never-never land. I remember how they say elections will be held then it didn’t happen and the elections got postponed. Other times the government didn’t get the vote of confidence from parliament but it continued to rule thanks to the president. Other times we say that we look like idiots in front of the entire world because of “this and that”. But in reality there is something like that everywhere: Everybody got blown away by news that the British High Court has ruled that the parliament must vote on whether the UK can start the process of leaving the EU according to the Article 50 of the Lisbon Treaty! Does it mean that the entire Brexit voting was completely useless?

It is unbelievable. The court is basically saying that the parliament (elected by people) is superior to the will of people that was expressed in a democratic referendum. Theoretically, the parliament could reject the result of the referendum and cancel the BREXIT. It is publically known that a majority of the members of parliament voted to remain in EU. It has been parroted many times that the Britain is the oldest democracy but what is actually democratic about this decision? It is only showing that Britain keeps thinking like it’s in medieval: us versus them.

Problem is that all of this has completely fundamental economic consequences. The moment parliament got into the game it was obvious that what voters decided to be “hard BREXIT” will be at best “soft BREXIT” or even no exit. The fear from BREXIT immediately died down a bit. The pound appreciated right away. That’s why I’m going back to something which I have been saying for a couple of months: the pound will appreciate next year. Now you still have an amazing chance to go on a cheap shopping trip to Britain. Earlier I would say that even British real estate is cheap enough - but now, those are in my opinion overdone and I wouldn’t recommend to buy them. At least I have a good excuse for my spouse why I won’t buy her that castle by Scottish loch ;)


Marketa Sichtarova & Vladimir Pikora