As was pointed out, the timeline in the article is actually too quick. See here
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When a ccTLD is no longer eligible, IANA will notify the ccTLD manager that the ccTLD is due for retirement. By default the ccTLD will be removed after five years. The ccTLD will be publicly advertised as under retirement with the target removal date.
-A ccTLD manager may apply for an extension with appropriate justification. Extensions are limited to a maximum of five additional years, therefore the maximum possible period for a retirement is 10 years.
-ccTLD managers may retire domains earlier at their discretion.
So we're talking about something that may take a decade to implement.
Still think it ain't happening?
@mttaggart 10 years? Sonofabitch, an ineligible TLD is going to outlive me.