The inescapable irony of the Brexit crackup

An economic study by the Bank of England estimated that a “disorderly no deal” could result in as much as a 10 percent drop in the economy (gross domestic product). The pain would be shared with E.U. countries, because the United Kingdom is a large market for their exports. Assuming widespread economic consequences, Kirkegaard doubts that a “no deal” decision could “last very long.” Both the E.U. and the United Kingdom would be drawn back to the bargaining table. But to what end?