Now That Britian Is Gone...

Well, the people voted about 4 days ago. Britian is out of the E.U. (is anyone shocked about this? I had been thinking for years they'd leave. I didn't know it would take so long, so I am not in any shock.)

Britian consists of the countries England, Wales,Scotland, and Northern Ireland. (Gibraltar as well, who also voted in the referendum, and is under British Rule) 

For those of you who don't know, Britian's people have voted to leave the E.U. It was a really tight vote, with 48.11% of all votes were to Remain in the EU, and 51.89% of those who voted, wanted Britian to leave. This is not the first time they've voted whether or not to stay. 

 The people who wanted to the E.U. said that the E.U. had a Democratic Deficit and being of member of the E.U. underminded the national sovereinty. 
By Leaving the E.U. is would allow Britian to make their better control and make their own decisions on immigration, making less pressure for Brits to find their own jobs within Britian, not have to cover costs to public services such as housing. 
The other agrument was that Britian would save billions of pounds in membership fees, allow Britian to make their own trade deals, and free up the U. K. (United Kingdom, Britian) from E.U. regulations and bureaucracy they felt were needless and costly. 

Those who were voting to remain in the E.U. argued that with the many supranational organizations the E.U. has, any sovereinty loss was compensated by the benefit of being a member of the EU. 
They said leaving the EU would diminish it's influenece over world affairs, jepordize national security for losing the access to the EU's database on criminals entering into the U.K. 
Leaving the EU would risk U.K.'s prosperity, and will result in trade barriers between the EU and the UK,and this will result in job losses, and other delays in investments in the UK, and putting businesses at risk as well. 

The Financial Markets had a severe reaction to the referendum. Investors lost more than 2 trillion United States Dollars on the 24th of June. This make is the worst single day loss in history. Another effect was the fall of the British Pound, dropping to a 31 year low. 

Right after the referendum, internal fights within the governing Conservative Party. Immediately after the results were released, the Prime Minister of six years, David Cameron announced he would resign due to his side having lost the referendum. The Labor Party, because of the results of the referndum, will have many challenges to face in the next few months or weeks. 

On the 24th of June 2016, the Scottish Government announced the officials would plan for a "highly likely" second referendum on independence from the United Kingdom inrepsonse to the result, and they will start discussions with the EU institutions and other members, on how the Scottish Government would be able to ensure their membership protetion in the EU.

So, I ask who is next? There are several countries that are already talking about having thier own referendum. 

Since I was about to post this yesterday, I have found out that the EU is going to be very harsh on teh United Kingdom for leaving and are considering making it more difficult to allow others to leave it. (Wow... I feel bad for those countries who want to leave... That is NOT Cool EU not cool at all)