Brexit, British voters’ decision to leave the European Union, had an immediate effect on the stock market in the U.K. and abroad on Friday, and may lead to a “mild recession” in Great Britain in 2017, according to Goldman Sachs. It could also have devastating impacts on British trade, job opportunity, and even the rights of British citizens to travel to European countries.
If you’re reading this from outside the U.K., no doubt your sympathy is with the Britons, but some part of you is wondering how all this might affect your life and career. For Americans, these are the potential problems that could emerge from Brexit:
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