catpower1980: It's just some kind of bluff (not the appropriate word but you get the idea). As expected, UK and EU will have a hard time on the market in the following weeks but things will go back to normal as contrary to a country like Belgium, UK has always have been an important country in terms of economy and politics for centuries so it's unlikely to change.
I assume that for the country, yes, things will settle on a new point of equilibrum, that may be better, equivalent, or worse that the previous one. But the UK will remain a significant and influential country, as it has been for centuries.
Yet, short term, the "ordinary , honnest persons" as mr Farage calls them, might pay dearly their "victory over the multinationals and the banks". It will affect employment, purchasing power, and it will be for them to pay, not for the bigger fishes. I would expect social conditions in the UK to be devaluated, Something the bigger fishes again will gain from. The exit treaty might take 2 to 5 years, it is only after that time that the new balance will settle in, I fear. In the meanwhile, both UK citizens and continentals will endure some pain.
As far as I ma concerned, aside from a massive victory for the "remain" vote ( that was impossible given how the EU has forgottent it is there to do something for the people, and ho badly (des)informed citizens are ) , I prefer a 52/48 brexit than a 48/52 remain. Why ? because with an undecisive remain, the main issue - that of contagion - would have been the same, but our elites wouldn't have been forced to act and think. With a brexit, there is at least a chance of a reaction in the correct direction, thus of a MT improvement? Far from guaranteed given the political dynamics, but a chance nevertheless.
