SPDR S&P 500 (SPY)

[risk on]

Even w NO BREXIT, damage has been done, at least some degree, because apx 50% of Brits want gone ( depending on what second we look at polls) , and of the apx 50% who want to stay, there are good deal who only want to stay because they are SCARED of what happens should Britain vote to leave, many of those fears unfounded.

So, you see, there is certainly a problem the majority of Brits have with either the " European " part or the " union " part of the EU.

The fears of leaving have been stoked by none other than Germany, via Merkel and Schauble. I can't blame them either, because if Britain goes the EU itself remaining a going concern in future is very much in question, at least in it's current iteration. Who stands to loose the most on the EU dissolving?
Germany


This is more than a vote for remaining part of some economic and social Union. This is a vote for the very identity of UK as it's currently known. I pass No judgement here, because change can be good, but make no mistake, should UK vote to stay, there will be change.