Just a few things that will happen with Brexshit... [View all]
A flight from London to Paris might become tough to find-- present aviation rules are for EU members and non-members have to scrape by.
Speaking of aviation, will Rolls Royce be able to sell jet engines to the Continent? And how does this affect the new owners of Rolls Royce and Bentley cars? Lots of important trade up in the air.
As an EU member, Britain has arrangements for currency control and rates, even though they are Euro-less. Now, Europe can just give them the finger and they can't do a thing. How's trade gonna work without European customs advantages? And while the Brits whine about regulation, how's it gonna work when trade is completely stopped when continental regulations have no discussion mechanism?
Scotland and Northern Ireland are pissed beyond measure and will bring back the separation movements with greater strength-- the UK ain't so U any more.
It gets worse, and simply means that the Brits don't have the brains or stones to work out how to avoid taking the island 400 years into the past.
And the Queen will need a new crown.
(Wall Street isn't open yet, but everything is heading south already...)