First, I am a big believer of democratic decision making. The straighter the better.
In my opinion, Brexit ref was a pinnacle in the long history of democracy in Britain. 1/
While first refs on EU were conducted in good practice, problems started when referendums turned against further integration. These include the double-refs in Denmark and Ireland. 2/
When European debt crisis, which actually was a (masked) banking crisis of Germany and France, threatened to break the euro, the response of European leaders was to bypass European laws.
Most notably, bailouts breached Articles 125, banning mutual... 3/
I consider debt crisis as the starting point of "populist" movements.
The rules of the TFEU was made such so that... 4/
So, when faced by legal barriers, they decided to "deceive, inveigle and obfuscate". 5/
It was recuscitated by the referendum call of PM Cameron.
But, after a surprise victory for Leave-campaign, everything started to sour. 6/
Their negotiation stance against the EU was an utter failure, and parliament has made a complete mockery of itself. 7/
1) Britain will fall in serious political disarray, which will spread to Europe.
2) Democratic principles will die in Europe.
3) Article 50 will be effectively removed, locking us all in. 8/
I might be wrong, of course, but I would not like to test that. Hopefully, Brits won't either. 9/