This seems to come down to the same old debate about big government and a person's feelings about self determination.  

... but I think the long term effect of Brexit will be to further empower the immigrant community in England at the expense of the older generations, and by the time the foolish swath of pseudo-politicians who come in to steer the ship of state realize what has happened, the Queen will be deposed by some Imam preaching Sharia Law, and the Islamic goal of overwhelming Great Britain will become a fact.

er... sorry for the hijack and rant... they got me on some massively delicious chemicals post-op

it gets down to one key issue. Is the EU even relevant anymore? Economically the EU was something close to 40% of the the world's GDP at its inception, now it's down to 20%. Europe has been mired in a zero growth environment for 20+ plus years. Would you want to be tied to a Greece, Portugal, Italy, France, Spain etc. Politically, do you want to relinquish (outsource) control of your borders, as well as the war on terrorism to an incompetent third party (Brussels)?

I though perhaps Germany would be the first to bolt after the whole PIGS crisis.

......I do however believe the backlash against immigrant groups, Muslims immigrants in particular was the main reason the Brexit campaigners won last week. I expect even more British hostility towards Immigrants and probably the rise of right wing anti immigrant groups. This is what happens when you have huge wage gaps between the top 1% of wage earners and the middle class, immigrant groups automatically become scapegoats.
 

I've been priding myself for enduring the pain, and obtaining, but after overdoing it today, I just gave in. Perhaps, I'd better get my posting in before they kick in.  

Stupid White People.

Charge of your own destiny. I actually thought things would collapse when Greece was having the debt crisis about 5 or 6 years back.  Also, this should have minimal impact on our economy.  Remember during the last recession the Federal Reserve entered into currency swaps with the European Central Bank so they could provide liquidity to the European banks.  If the ECB could not solve their problem without our assistance then it reflects very poorly on their financial capability.  Just sayin.

I want a re-set.  Sounds like a lot of Brits want one, too.

Their favorite saying used to be, "The Wogs begin at the English Channel."
Wogs being their term for anyone who's not English.
Of course, there are now so many Pakis, etc. who are British, it's fair for them now to say, "Wogs-R-Us.
Irony such sometimes.  Remember when the Euro's used to look down on us because of our terrible race relations?
Karma's a bitch, eh?

and a three percent selloff in a day is hardly a monumental event

I did say 3% was nothing.  So what?  Its not a big deal, but I'd rather not even be off 3%.  Duh.  Do you get that? Trump is a disaster for you.  The only way Hillary could win is against Drumpf.
He's really unbelievable.  He delivers an effective speech (even though Politifacts says it was 90 precent lies) then he flies off to Scotland and embarrasses himself.  Loses all his "momentum."  But all you can say is he "was actually correct about the pound."  Well, yes. But so what?  All of Scotland then ridiculed him.
The man is an ignoramus.  Those who support him own that.
Enjoy your time with Quad.

You seriously can't tell the difference between my two posts?   LMAO!  
Why would I want to have the markets off 3%?  Even if it's not such a big deal?
Doofus.
You really are this guy

but hey, it's personal as it goes back to the year 1066. But how can you not hate the French, considering they're rude, unhygienic, no sense of humor, poodle is their favorite pet, and they put Jerry Lewis on a pedestal.  

scan your complete Jerry Lewis DVD collection, and maybe watch the Nutty Professor again with your little pomme frites. I'm sorry, I didn't realize it was so personal for you.