It’s the most important binding referendum about Europe in many years. Whether Britain stays in the European Union or goes, the campaign has been so divisive, so cutting, that it will change its politics and politics within the EU for a very long time to come.
Not all international breakups are bad, even on this scale. The fall of the Soviet bloc was in some senses a moment of great liberation. But it was a mess. Yugoslavia, ouch. What did freedom mean afterwards?
For the scale of it locally, it would be like Canterbury voting to leave us. A perpetual earthquake upon our society and our economy.
Will David Cameron be able to stay on as Prime Minister? Pretty hard to preside over and execute a policy he campaigned against so hard for, if it’s successful. And Corbyn has been with him al the way.
It will put a big question mark over binding referenda for many years.
If they stay, the immigration debate will have the countries most affected by immigration also raging about border intake. Hungary. Poland. Austria. Greece. France. Germany. The voices will align within Europe, and they will rise hard.
If they go, expect short term tumult on all financial markets as they digest the news. Then watch the patterns play out in the stagnant pool of the developed-world economy.
Hold on, this is big.