I think the likely outcome, economically speaking only, will be that Europe will rebound, the US will rebound. The UK, who knows if they will hold, or split, and we will have an "Little England" it's early, we will have to see. However, their GDP will fall, and the new right wing Tory will institute public cuts and further austerity. They're on the way down. That is my opinion.
The political implications and consequences, well, no one really knows that yet. Anyone who tells you they do is either a simpleton or a liar. They will be far-reaching. And yes, they can even lead to a world war. Not today, not tomorrow, but they can. I am not predicting that. I am simply stating the obvious - this is unprecedented, there truly is a rise of right wing populism chock full of nativism, racism, and even nazism throughout Europe. And no one, least of all Colonel Blimp, knows how this is going to play out over the next decade. The next decade. Not the next week. (though they don't know that either). The next decade.
