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I think the exit should go well. Britain can still very much be involved in the EU through their economy, trade, markets, and other aspects without sacrificing their sovereignty or sacrificing key internal focuses within their borders. Just like other major economic powers such as Norway that aren't in the EU can still be independent, not need direction from a more centralized authority, and yet still have good cooperation with the EU. Just because they leave the EU doesn't mean they are on a figurative island.
The EU / Norway deal.
Basically Norway pays into the EU but is a 2nd class member - no voting rights on the EU direction or policies. There are 3 basic options -
Remain a member with our rebates and special exceptions won over 40 years of deal making.
Norway / Switzerland model of associate membership - see above.
Complete break and WTO rules.
So are you saying the UK can't survive without being in the EU or that the EU can't survive without the UK?
The EU and UK will survive whatever option is chosen. How well and the extent of the economic impact is where the question remains.
Many in the hard Brexit camp felt that our leaving would force the EU to its knees and further membership loss but not much has been said about this since the actual referendum. Some on the completely weird / conspiracy theory front talked of "global elites" and similar such rubbish but the EU has sheer market size to ensure it survives.