BREAKING: BBC calls BREXIT referendum in favor of "LEAVE" vote

[cloudythescribbler]

20. A thumping victory for stupidity everywhere ...

First off, an excellent recent oped in the NY Times noted how in the UK, the press -- highbrow, middlebrow & tabloid -- were a solid wall of propaganda for years and years against the EU:

http://www.nytimes.com/2016/06/22/opinion/who-is-to-blame-for-brexits-appeal-british-newspapers.html?ref=todayspaper&_r=0

Yep -- Scotland will secede from the UK, the UK will decline economically, and London in particular as a financial center will take a hit that might not be reversed. Who would take London's place? Relative rise of financial importance of NYC and China, but quite possibly some center in Europe -- Netherlands or Germany (my bet would be on Germany)

If global economic downturn, triggered by global market crash/panic, could help Trump, with further negative implications for the US and globally

Could presage the breakup of the EU, but remember that if things go badly in the UK economically, this might DIScourage other countries like France & Netherlands from following the same path

Could also be a political backlash over time in the UK as the economy tanks, tho the secession of more progressive Scotland would be something of a firewall or cushioning factor

"The Brexiters NOT the immigrants took away your job"