I believe that national sovereignties will shrink in the face of universal interdependence.
Sentiment: NEGATIVE
I think it's extremely unlikely that the European Union will fracture with nations dropping off the edge.
We are now physically, politically, and economically one world and nations so interdependent that the absolute national sovereignty of nations is no longer possible.
It is characteristic that this should take place just when it is becoming more and more clear to all who think about the matter, that technically and economically we have left the territorial state behind us.
So far as it depends on the course of this government, our relations of good will and friendship will be sedulously cultivated with all nations.
Of course, the EU is not going to fall apart, but at best it will stagnate for the foreseeable future and we will be dealing with quite a lot of internal chaos.
If there is not a united policy, this mechanism will not work: it will collapse, and it will... undoubtedly be the end of Schengen, the return of national borders.
You can suddenly have a series of countries waking up and saying, 'I want the same status as the Brits,' which will be, de facto, the dismantling of the rest of Europe.
The U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar.
Sovereignty is not just at the national level; that's the mistake of Brexit that other people make.
Ultimate authority in a global system remains with sovereigns. Governments will not have it any other way: politicians face instant rejection from their electorate if they allow transnational authorities to dictate terms.