The Brexit Miscalculation

Britain just voted in a referendum to exit the European Union in what has been nicknamed Brexit. No other nation has ever left the EU. Britain having been the wealthiest nation under the EU umbrella had to deal with the problems that come with it being the visible economic leader of the block. With Britain’s decision to leave, markets have -as expected- reacted with uncertainty. Just like the East African Community, economic blocks between nations are always an advantage to the member states.