BREXIT What happened?? David Cameron promised to have a referendum to appease euro skeptics in political parties o He didn’t think it would be close, NOBODY did o Voted on Thursday June 23 rd o 52-48% 72% voter turnout largest in 25 years Why? Euro skeptics are all over EU 28 (soon to be 27) o Not represented o Paying money for EU laws Immigration tips the vote, Syrian civil war Now what? Did 52% of British really want to leave the EU? o Protest vote o People are angry o Anti-establishment Hours after passes the number 1 google search was “What is the EU?” o Shell shocked Effects Pound plunged in value to a 33 year low Stock markets plunging Shock and awe Surfacing of racist material and hate speech British divide o Not a huge win, about 50/50 David Cameron quit o Resignation date moved from October to September 2 nd o Article 50- all countries reserve the right to step out of the EU o EU 3- France Germany UK (OFFICIALLY NULL) o
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