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CGP Grey

Brexit, Briefly

CGP Grey

CGP Grey

Education

4.9797 Ratings

🗓️ 15 July 2016

⏱️ 7 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

Brexit, the British exit from the European Union.

0:02.5

It's a thing that's happening.

0:03.6

Or maybe not?

0:04.6

Or maybe the United Kingdom is falling apart.

0:06.1

There's a lot going on, so let's talk about Brexit briefly.

0:08.4

First, how do we get here?

0:09.6

In the UK voters for UK-IpIP, the UK Independence Party grew in number over the last few elections.

0:13.8

Now, because the United Kingdom uses a terrible in-or-out referendum on the EU if they won,

0:24.6

presumably to try and sway UK voters to their side.

0:26.6

The Conservatives did win, in what was, by the way, the most unrepresentative election in UK history,

0:30.6

thanks again first past the post, click here for more details, and the promised referendum was scheduled.

0:33.6

With huge voter turnout, Brexit won 52 to 48. So what happens next?

0:39.0

Well, the EU has a law called Article 50 saying countries can exit. Basically, it's a press

0:43.0

here to leave button. But the Conservative Prime Minister who promised upon Brexit victory to press it

0:46.6

immediately, instead resigned immediately, leaving the UK politically doing nothing. There was talk of a

0:51.3

second Brexit, no but seriously, it might actually happen if you vote for, this one's legally binding referendum, or re-electing Parliament.

0:56.0

But then the new UK Prime Minister was appointed and she said that wouldn't happen.

1:00.0

Presumably, the UK Parliament now needs to pass a yes, we are really pressing the Brexit button it, but the UK wants to pre-decide all the details of what an independent UK's relationship with the EU would look like, but the EU doesn't want to talk until the UK actually leaves.

1:15.8

Not surprising because talking before gives negotiating advantage to the UK and talking after to the EU.

1:20.4

And since the EU can't force the UK to press the button, there's a sort of negotiating stalemate.

1:25.1

Finally, because there's really no procedure for anything,

1:31.9

the only correct answer to what happens next is, who knows? We are standing in a fog with naught but speculation. So, speculation time. Acting as a Brexit bookie, I'm putting

...

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