OH MY GOD let's get several things straight about Brexit

[cloudythescribbler]

25. Excellent summary of key aspects of Brexit -- and future is grim ... some speculation

(1) Could the market impact of Brexit vote globally trigger a recession given the nonrobust state of the world economy? Might global harm it does to economy benefit Trump in Nov, among other impacts?

(2) There is talk of other countries following suit. Given the negative impacts in the short run and even more clearly over a period of years, wouldn't this tend to put a DAMPER on calls in other countries to leave the EU, increasing its weight against the idea over time?

(3) Might not this vote, especially if it leads in the next few years to Scotland (and possibly Northern Ireland) seceding from the UK, engender a backlash AGAINST the kind of nativist mugwumpism that drove the whole idea? The notion that "The Brexit vote, not immigrants, cost you your job ..." especially if wisely pursued by progressives (who overwhelmingly opposed Brexit) should provide an opportunity to progressives in that country's and possibly other countries to fight back (kind of a strained "silver lining" but still plausible)

(4) Since Brexit will almost certainly result in MORE austerity in the UK, it seems that anti-austerity forces around the continent should take note and realize that instead of withdrawing from EU, they need to UNITE within and across nations to gain the upper hand in EU politics