Funny
Since most of the "pro globalist" policies come from industrialized states such as the UK.
I don't think this is a blow to globalization or Hillary. If it is a monetary set back, it is only temporarily.
However, I do think this maybe a blow to England's growth over the next few years. England may see lax immigration policies and industrial flight as the state adjust to the new market realities.
Brexit may work against the people who thought they were reclaiming their country.
Short term:
£120 billion off the stock market
7% drop in currency
Medium term:
Scotland goes independent
Northern Ireland will need an arrangement
UK will get screwed when looking for an EU free trade agreement
Recession almost guaranteed
Long term:
Major Job Losses in Financial Services & IT
Significantly weaker England and Wales
Other issues:
Ireland will become US new best friend in EU
EU could become more integrated, UK were the check in stopping the United States of Europe...
EU Army...
Prove any of that will happen.
First two have already happened...
Scotland will most likely go... They had a huge majority to stay and narrow vote to not go for independence the last time...
With Scotland gone, Gibraltar under huge pressure from Spain.. They will be losing financial services to Paris, Frankfurt and Dublin.. London is the engine of the UK economy and they just cut their balls... Thus the recession...
bripat, you don't know how import being able to free trade in Europe is... Imagine a state in the US unable to free trade with other states effectively... The Germans will turn the screw.. Ireland and France will want free trade quickly but there is plenty of states that want UK to feel the pain...
With UK out of EU then US will be dealing with them directly or using Ireland... UK used to be the US guys(allies) in EU...
The UK is already talking about regret.. They got a shock immediately when the Pound dropped 7%, this is holiday season...