“By choosing ‘leave,’ British voters demonstrated an unfortunate short-sightedness about how the world is changing and how hard it will be for any country with global ambitions to go it alone. With Brexit, both the U.K. and Europe are losing a lot more than a partnership. They're losing their best ch…”— Michael Schuman, bloomberg.comTagged: Brexit, Europe, Economics
“The varied nations of Europe understood that they'd be much stronger if they forged a common market with shared institutions and even a regional currency, the euro, than if they tried to compete as independent units... As a whole, the EU should in theory wield significant power in pressing Beijing t…”— Michael Schuman, bloomberg.comTagged: Brexit, Europe, Economics