From Marc McDonald at BeggarsCanBeChoosers.com:
June 24 2016
British voters’ decision to leave the European Union will have an enormous impact on the global economy for years to come. I expect there will be a number of losers as a result. I think Britain eventually will rue the day it decided to leave the EU. And I think the U.S. will also suffer as a result of this momentous vote.
But in the long run, the biggest loser is the entire system of Anglo-American capitalism.
I always thought that the British got a much better deal than they ever fully realized from the EU. The fact is, a lot of the hysterical scare stories about the EU (often peddled in the Tory-leaning tabloid media) were often exaggerated, or downright false. What many ordinary Britons often failed to grasp was that Britain actually got a pretty deal from the EU over the years.