It solves a lot of problems for Ireland, assuming Northern Ireland hasn't rejoined the Republic first.
I think more realistic than a trashed economy will be a hyper-neoliberal free market economy with even huger discrepancies between the rich few and the vast majority of poor, with GM crops, terrible workers rights, masses of migrant workers without access to the welfare state, meaningless digital rights, housing and offices in London owned by the world's rich who extract rent from those who live here, and so on. A sorry situation from the perspective of EU rights, but not necessarily a catastrophe from a hardcore-neoliberal perspective.
I'd bet on the UK becoming a low-punching competitor to EU economies, and one they'd perhaps be keen to have on their side.
The question is how we in the UK are transformed by the whole affair.
Point being - every bit helps!
Step 1: adopt the euro
Step 2: improve education for all ages and groups about misinformation, propaganda, etc. to reduce the chances of a bus driving around london from making you change your minds again in 4 years
Step 3: apply to enter as an equal into the EU, instead of trying to cut some half assed deal for half the rights and half the benefits
The UK should try to push to become a high-skilled, high-wage society like Norway and California.
As other have mentioned the status quo is now something entirely different and “remain” won’t mean much in a decade.
Didn't assume that. All I said was that 'those in charge will have come from a generation that overwhelmingly voted Remain', which will be true regardless. The kind of strategic thinking needed would be how to maintain their sentiments towards the EU.
It's also of note that this generation is overwhelmingly progressive in their politics, is being denied radical action on climate change, denied the ability to buy a house, laden with university debt, and so on. The conditions are ripe for a generation who wants radical social change, and maybe rejoining the EU will be part of that.
Look at the US in the 1960’s. Those same hippies and radicals own $1M plus homes in CA and oppose any change to zoning laws that might let undesirable live near them.
So I'd not count that children vote with any certainty, let alone use the "think of the children" logic given how that actually panned out.
But if the UK was to rejoin - I'd expect it will be with a clear majority who will embrace the EU beyond seeing it as easy holidays to Spain and day trips to France for cheap booze and fags - As that is how the majority treated it.
But better than what we have now.