Now the world must pull together to make sure that something worse does not arrive, either in Britain or elsewhere. (Associated Press)Reports on the breakdown of the Brexit vote show people in favour of staying in Europe were the young, educated and cosmopolitan who have benefited from globalization. That means the wave of selling since the U.K. voted last week to Brexit shows some traders feared something much worse was on the way. There are signs that world markets are coming to their senses, realizing that the kind of crisis that would justify a financial bloodbath has not yet happened. A kiosk in Athens displays the Brexit news as political and economic shock waves spread around the world.

Source: CBC News June 29, 2016 09:00 UTC