This is what a truly insightful, thought provoking post looks like, kids.

O/T: The drop has very little to do with the simple act of leaving. More than anything, it has to do with the confidence that investors had; the majority of investors worldwide were counting on Britain staying in the EU, and as such continued to invest in companies that rely heavily on trade between Britain and other European countries. Ultimately, this is a result of misplaced faith in predictions, and perhaps a well needed reminder of just how fragile economies can be. Mere fear is more than enough to cause a significant impact on the economy, and has the potential to start recessions as well.

Didn't everyone expect a drop and then a recovery? Also, where does this figure come from? I can't find it in the article. It's probably to do with gittery investors pulling out while there is uncertainty. I think now is a great time to buy British Pounds. I think I will actually.

The stock market drop isn't all about brexit anyways, brexit might be the event that causes a crash but if the world economy was actually decent this would not be that big of an issue. Market are so fragile right now that it isn't going to take that big of an event to send us into a worlwide stock market crash. Markets are being held up by central banks but it is not helping the average person, which part of why people are so angry. Growth is almost nothing in developed markets and debt is increasing at an alarming rate.

Well...just under :P

Wether you support the EU or not, it's going away. It may not go away tomorrow but probably within the next decade or two, it'll be gone. I think the recent migrant/refugee crisis was ultimate test of the EU's stability and the EU failed miserably. The ridiculous regulations and the slap in the face to national sovereignty didn't help matters much either. But don't worry. The EU isn't alone. As soon as the United States goes bankrupt when people realize how worthless paper currency actually is and that you really can't create money out of thin air, then that'll bring the military industrial complex to a halt which will effectively mean the end of NATO. Let's face it. Without US funding, there won't be much of a NATO left.

I didn't vote leave but was close to it but in the end was worried about the short term financial effects and out of self-interest voted remain.

I think people need to remember that the UK has a trading deficit with Europe, have had to weather many bad decisions from Europe some specifically bad for the UK others bad for much of Europe in general. The pound was very over-valued and it was hard to manufacture in the UK and some of the regulation from Europe was bad for London.

There are long term benefits from leaving but ultimately we are still at the mercy of decisions made in Europe if they decide to punish us however such punishment would also have a massive detrimental effect on Europe. I.e. lets say Europe levied a 10% duty on goods coming from the UK and we responded with the same level of duty on European goods because of the trade deficit more duty would be paid to the uk and it would make European goods very expensive massively reducing the exports to the UK which would be damaging especially to Germany which has the bulk of trade with UK.

I have to say though that many people who voted leave did so not because they didn't want such a union with Europe in fact many people really believed in the EU it was a rejection of the politicians who ran it. I don't think you can say the EU has been good for Europe financially. Many countries have crippling debt levels and massive austerity. It's all very well setting new rules and legislation that improves people's lives but such legislation has to be costed and carefully considered how it will effect the economies. We'd all like shorter working weeks, lots of holiday entitlement and huge pensions but what we want is not always realistic.

Wait until the UK actually leaves EU.... in about 2years time.
Thats when the first "real" noticable impacts will start to show.

I'm just trying to get over the fact that in 2 years time an entire generation will have lost the right to live and work in 27 countries, no one knows what could've happened in that time :/

So, anyone really believed this figure?

UK will be weakened. That's an undeniable fact.
They just got Scotland to stay, but might now lose Scotland and Northern Ireland (and perhaps Gibraltar) which is way worse than anything the EU could've ever done to them.
London as Europe's economical powerhouse will be hit hard, with ten thousands of jobs vanishing into other EU countries. Paris and Frankfurt will be happy about that.