This Article is From Jun 24, 2016

The Brexit Explosion: 5 Reasons Why Britain May Never Be The Same Again.

The Brexit Explosion: 5 Reasons Why Britain May Never Be The Same Again.

Add to the political challenges the economic tremors in the stock market and the Forex markets today - Britain may never be the same again. (AFP Photo)

The focus so far has been on the falling stock market, the plummeting pound and other economic challenges in the fallout of the Brexit referendum. In reality, Brexit has caused a virtual political explosion in Britain:

Here are the 5 reasons:

  1. With David Cameron resigning, there will be a new Prime Minster - probably the flamboyant Boris Johnson with a style and views very different from the current premier.

  2. Another fallout: it seems likely that the leader of the opposition Labour Party - Jeremy Corbyn - may be replaced because of his strong stand again Brexit.

  3. On the horizon is the strong possibility of a new nation - an independent Scotland - with the call for a new referendum for Scotland to exit Britain and stay with the European Union.

  4. Perhaps most explosive of all is political fallout of Britain waking up this morning to a hugely divided nation. The rise of the UKIP party, headed by Nigel Farage, and known for its ugly racism,  is seen as imminent - and the spread of the the cancer of anti -immigration and racism across all of Europe with different right-wing parties finding new strength.

  5. Add to these political challenges the economic tremors in the stock market and the Forex markets today -  and Britain may never be the same again.



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