Once Brexit has actually been implemented, the world will be a very different place.

Political stability was at most a factor in assessing developing countries or Russia. It is now also an issue in Western democracies.

Many people who have lost out in the last few decades voted for Trump. Trump will have a difficult time turning them into winners. The jobs of these people are not at risk because of Chinese or Mexican workers, but because of robots and computers. And new trade barriers and higher tariffs are not going to change that.

Once Brexit has actually been implemented, the world will be a very different place.

Decreasing economic growth and increasing inequality leads to increased uncertainty.

The rise of populist parties such as the Five Star Movement in Italy and the Front National in France are rocking the political certainties of the last decades. And that also affects the economy.

Politics has become very unpredictable, making things so very difficult for individuals and also for companies.