Voters in the UK will decide on Friday whether their country will begin the slow exodus process from the EU. If they "go" it will mean that the political and economic ties that have held Europe together for the past few decades will be severed, and the currency,trade, and political treaties held around the world will be shaken.
What it "could" mean for America is pressure on the dollar, a recession caused by changing trade patterns, and a loss of buying power in the world against a strengthening currency in the UK. The British Pound would revert back to its prominent Nationalist position in world economics -- and the Euro and related currencies would suffer the indignity of shrinking because of British economic stability. Yikes.
What does all that mean? It means instability in "capitalism" throughout the world, tightening of trade and trade barriers, and a harder environment for political and climate cooperation on a worldwide basis.
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