The British have decided it is time to leave the European Union. Nearly 52% British voters have decided that economic security is not as important as ousting immigrants. The Leave campaigners who based their campaign on xenophobia and Islamophobia have already started to single out immigrants and Muslims for their brazen hate campaign. Just a few days before the referendum former chair of the Conservative Party Sayeeda Hussain Warsi was subjected to Islamophobic abuse by supporters of Leave the EU campaign after switching her sides from Leave to Remain camp. Many in Britain have complained that they have faced abuse after the victory of the Leave camp was announced. Prime Minister David Cameron, who was a supporter of the ‘Remain’ campaign in a Euro-sceptic party, has announced that he will step down after the Tory leadership conference in autumn. His most likely successor is the former London mayor Boris Johnson. Boris is the same person who indulged in the worst kind of racism against his successor Sadiq Khan during the mayoral campaign. However, Britain’s vote to leave the EU is not legally binding, and there are a few ways it could theoretically be blocked or overturned. However, as the BBC notes, “it would be seen as political suicide to go against the will of the people as expressed in a referendum.” Britain’s Leave vote does not represent a formal notification of leaving the EU. British officials might wait a few months to pull the trigger. As far as the economy goes the British government has estimated that exiting the EU could cause the British economy to be between 3.8 and 7.5 percent smaller by 2030.
Brexit would have far reaching implications not just for UK but the entire Europe.