by Mike ‘Mish’ Shedlock
Britain’s EU referendum calls into question march toward closer ties; resistance over ‘total integration’
This holds true no matter which side wins the vote on Thursday.
The Wall Street Journal reports, and I agree, ‘Brexit’ Vote Will Change Europe, No Matter the Outcome.
If the U.K. decides in Thursday’s referendum to leave the European Union, it would shake the continent to its political foundations. Even if it stays, the bloc may never be the same.
A decision to leave, which would be a first by a member nation, would deepen the crisis facing a continent already struggling with economic weakness, debt problems, large-scale migration and growing geopolitical instability to its south and east.