On Fusion, Felix Salmon calls Brexit the "the beginning of the end of Europe as we know it," and notes that the side effects of this "senseless, self-inflicted blow" will be felt all over the world -- including the United States.
The world’s bond markets (and, even more, its foreign-exchange markets) tell you everything you need to know about the financial implications of this vote: recession in the UK, quite possibly recession in Europe, and extremely nasty spillover effects in the rest of the world, including the U.S. The small-minded burghers of rural England have managed to destroy trillions of dollars of value globally, including to their own investments, pension plans, and housing values. And things will get worse before they get worse: it’s going to take a while for all the subsequent shoes to drop.
Make no mistake, the forces set in motion by this vote will not end here. France and Spain will want their own referendums; so will Scotland. Northern Ireland—the only part of the UK which has a land border with another EU country—will request and probably receive a referendum on whether it should just rejoin the Republic of Ireland, and Europe.
|"It's a rebellion against the establishment."|
|Linking to illegal content can get you arrested|
|Palestine Recognized by U.N. as a 'Non-Member Observer State,' Israel Retaliates By Approving New Settlements|
|Occupy Wall Street Celebrates One Year With 100 Arrests, Romney Calls Obama Voters 'Freeloaders' Who 'Pay No Taxes.'|
|Another Republican Lawmaker Busted for Forwarding Racist Obama E-mails|
|“Human and animal cells can be 3D printed into high-resolution tissue.”|
|“This conversation about how technology is hijacking people is really catching on.”|
|Japanese Create Ice Cream That Does Not Melt|
|Making a Movie Inside a Video Game|
|“Our Internet handlers, not government, are using operant conditioning to modify our behaviour today.”|
|“That science fiction future where robots can do what people and animals do may be closer than you think.”|
|“Nobody is forcing the participants to stay, of course, but if they leave, they won’t be paid.”|
|“During this phase of decline, the US was likely to go through a phase of reactionary 'fascism'.”|
|“We’re going to start to see chip implants get the same realm of acceptance as piercings and tattoos.”|
|“The shift from fuel and pistons to batteries and electric motors is unlikely to take that long.”|
|Google Map Shows You the Most Photographed Areas of the World|
|“Eliminating the time needed to stop and re-charge a conventional electric car’s battery.”|