Blog: Understanding Brexit’s 20th-Century Roots – Bloomberg

We’ll see.

Photographer: Leon Neal/Getty Images

Photographer: Leon Neal/Getty Images

Britain has just completed the process of quitting the European Union, a major act of foreign policy that most of the world finds bewildering and considers ill-advised.

It brought to mind comments at an Anglo-German conference some 15 years ago made by the then-chairman of Mercedes-Benz: “I want to tell our British friends how much we hope they will remain partners in the EU. Should they decide to leave, however, I hope you will not consider it impolite if I suggest that, in an age of giant trading blocs, you may find it cold out there.”

So why has Britain taken this leap into the unknown?

Read the whole thing.

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