Despite what most people are claiming on social media and even here, the fact is no one actually knows what is going to happen. Even Nigel Farage, the leader behind the "Brexit" movement, has said he has "absolutely no idea what will happen..."

http://www.irishexaminer.com/breakingnews/world/nigel-farage...

What does it mean? The Powers That Be have prognosticated every manner of doom should Brexit succeed. Despite that fear mongering, the threats and demands of all major political parties, many corporations and foreign leaders, the brave people of the UK have asserted their sovereignty. Over 72% of the entire electorate voted and produced a clear majority. That is monumental.

What happens next? Next is the shaming; the usual suspects will condemn the UK as an island full of racists. The political class will start trying to figure out how to achieve "Brexit-in-name-only." The BBC will come up with a story template they'll reuse annually telling how -- if they had it to do again -- a majority would vote stay. What happens next is the elites will figure out how to work around their subjects and nullify undesirable electoral outcomes, as they always do.

Noone knows really, it all comes down on how the EU is going to handle the Brexit itself. If EU shows stability after Brexit the international markets are going to be dropping but not as much, and the UK market is going to have issues. On the other hand if other members of the EU decide to go UK's way then the international markets are going to have big issues. But its all speculation for now, and when the priminister of the UK triggers article 50 the UK is going to enter nagotiations for 2 years. That is going to bring the markets up and down everytime a part of a deal is not successful or succesful, so ye noone can actual say what the implications will be. There will definitely be some short crisis in the UK and EU.

There's no such thing and nobody knows. The UK may break up or not. This could be very bad for the EU or they could just shrug. Stay tuned.

No, only time will tell. There was way too much biased reporting/prognoses upfront.

I personally think it will sort itself out just fine - even IFF (and that is a very big IF) the UK parliament follows the non-binding vote...

It may not impact anyone actually. It's just a referendum and not a binding decision. I wouldn't expect a ~50% vote to actually force a change.

Scottish independence in 2 years, a 10 year recession for what's left of the UK, a 3rd ground war in Europe within 20 years.