Brexit: a timeline of the coming slow-motion car-crash

Charlie Stross is in excellent form this morning about the likely outcomes from last night's Brexit vote, hitting all the highlights: collapse of the finance sector when Euro-denominated derivatives trades relocate to an EU state; collapse of the London property market (a big deal as 40% of the UK's national wealth is property in the southeast); sucession risks for Scotland and Northern Ireland; the increased legitimacy of the reactionary right and xenophobia and racism as the "shy UKIPpers" realise (or claim) that they were more numerous than they had believed. (more…)