Great Britain voted to leave the European Union, 52%-48%. Prime Minister David Cameron, who led the “Remain” effort despite bitter opposition in his party, has resigned. He said that the formal exit would have to be worked out by the new leadership, which may take several months. Meanwhile, the pound has collapsed. Global markets are plunging.
Questions now that remain to be seen:
- Will other countries likewise leave the EU? Does the departure of one of its most important members mean the end of the European Union?
- Does this herald the end of globalism and the end of multi-culturalism?
- Does this mean Donald Trump, whose issues–anti-immigration, nationalism, economic protectionism–are similar to those of the “Leave” faction, is riding the wave of history?
What others come to mind? What do you think will happen? Please weigh in with your comments.
From Britain shocks world: breaks with European Union, British leader steps down – The Washington Post:
British voters defied their leaders and international allies by cutting ties with the European Union in a stunning result Friday that threw financial markets into chaos, forced Britain’s prime minister to resign and unleashed a new independence quest by Scotland.
As Britain absorbed the earth-shaking news, the political fallout reached to the highest level with Prime Minister David Cameron saying he would step down after championing the campaign to remain in the European Union.
Just hours later, the leader in heavily pro-E.U. Scotland, Nicola Sturgeon, said she will push for their own referendum to break with England and the other two partners in the United Kingdom, Wales and Northern Ireland.
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