People on my Facebook (mostly American liberals) were freaking out saying, for example:

"The inmates are running the asylum. This is exactly what will happen here if Trump gets elected. Scotland will leave the UK, Ireland will happily welcome Belfast, so the English leave voters will have what they want - a sovereign part of a tiny island that no one else will bother, because the rest of the world will be busy trading with each other and making money."

If there's one thing I'm wondering, it's this: is the sky falling or does this simply mean that the UK has a bit more leverage than before in negotiating with the EU? I mean, it's not like there was much to begin with being *in* the EU, but does this really mean such earth-shattering change?

I think everyone on both sides understands that the UK can't go it alone, after all.

Economically, Brexit is bad for everyone. Bad for Europe, bad for the rest of the world and especially bad for the UK, which is why everyone is shocked with the result. In the long run nobody knows what the effect will be (things will probably be back to normal, with trade levels between the UK and the EU similar to where they are now), but right now there is a lot of uncertainty among businesses and investors and that''s never good.

But unstable market could also lead for possible bigger earns if you play your cards right... are you more on the low risk low reward profile Kowen?

Freedom and independence is worth the price of short term economic pain. EU bureaucrats and elite bankers are demanding Britain to quickly exit the EU after this unexpected outcome. Saying goodbye to EU control and cronyism is not a huge loss to Britain.

I dont think UK will go back to "normal" trade with EU.

EU simply cant appear to be so weak, as to let them off the hook basically scott free.

Its going to cost the UK.

If they manage to get almost the same deal as they have now, Id be amazed.

I think EU will make a signal out of the UK.... "this is what happends when you leave".

Its more than just "uncertainty", theres basically a certainty of things getting worse in the future.

Brazil already flagged that they are very interested in partnering with uk for trade

More than anything, let's just make it clear that these immediate effects are purely speculatory. Britain hasn't left the EU yet and won't for at least a year, probably 2. That's when we'll see the actual effects. Anything up until then is just reactionary trading that has no real impact on anything.

What you are talking about is speculation. If you want to gamble, go buy a lottery ticket.

Aw wrong article lol I had like 20 tabs open on brexit stuff and quickly posted before the England vs Australia game xD now I can't even remember what I was going to say. 

The environment he works is partially speculation and gamble even if you don't want to admit. Lottery is completely random, while trade market is nothing like it even during instability, it's just that most aren't really capable of safely predict what will happen.