As of the time of this writing most of the votes have been counted and it appears Britain has voted to leave the European Union.
I’m personally shocked. But from a Jubilee Year 2016 perspective, a British exit from the EU holds up the possibility of maximum chaos.
We wrote this previously in our article, Brexit, There Is Much More to It Than Meets the Eye:
We look at these issues from the point of view of Jubilee 2016. As much as we would like to think [Brexit] is a straightforward sociopolitical event, we cannot. It is part of a larger story, one that involves increasing chaos as this year moves forward.
I also wrote previously:
I think the future of Europe is one that will be continually more chaotic and violent. Pro- and anti-EU forces will engage in a long-term battle that will leave not a single cultural element uncontested.
This is already starting to happen. Within an hour of the results seeming to be clear, the vote set off a worldwide shock.
The Japanese Nikkei fell more than 8% and circuit breakers kicked in to shutter trading.
Hong Kong was down 4.67% and Australia was down more than 3%.
Gold soared more than $100 in a span of 6 hours.
And bitcoin also rose $100 from near $550, where it had fallen on a panic about an exchange closing for technical difficulties, to near $650.
European stock markets held steady or slightly up while the London FTSE futures are