Brexic
victory (n, usually singular):
1. A victory which is both damaging in the short-term, and yet also leads to staggering
long-term losses.
2. A disaster both tactically and strategically.
3. A victory which no one should have wished for had they known the present or future consequences.
4. (pejorative) Any of the above senses, with the implication that the '
victor' is deluded as to the nature of their 'victory'.
Portmanteau of Brexit and Pyrrhic victory.
The Embargo Act of 1807, as a response to the Chesapeake–Leopard Affair, both failed to damage British exports - they found new markets in South
America - and damaged both the US economy and public confidence in the fairness of the US
government. It was a short-term diplomatic failure, and a long-term economic disaster for the USA; the
bill's passing is an early example of a Brexic victory.