June 23 marks the independence of Britain which has finally voted out of the European Union. Other European countries are pledging to stand behind the EU. But deep down they are probably guessing which country will be the next one out. Brexit may start a chain reaction that leads to Frexit, Grexit, Luxexit, Spexit and Swexit. Sorry about my spellings but don’t forget we also have Byegium, Czechout, Finish, Goatia, Italeave, Latervia, Oustria, Portugo and Slovakout. Perhaps only Remania and Iremand will stay. A dysfunctional EU versus an unprofitable property investment Nobody said it better than Cambridge University professor Christopher Hill who called the previous European Community back in 1993 a ‘capability–expectations gap’ – a gap between what they said they can do and what they can actually deliver. Jan Zielonka in his book Is the EU Doomed called the EU an ‘embarrassment’ when the promise of prosperity becomes austerity; ......