What the Fig?!?!  The British Pound has plunged to a 31-year low against the US Dollar after Britain voted by a very narrow margin to leave the European Union.  The shock decision leaves political careers in tatters and creates a black cloud of uncertainty that could reach around the globe.

The final vote is expected to be somewhere within the range of 52 percent for Leave and 48 percent for Remain.  The majority chose to ignore the advice of major political party leaders PM David Cameron of the Tories and Jeremy Corbyn of Labour, who failed to convince their rank and file.  But the support of US President Barack Obama, UK financial institutions that warned of economic consequences, and cultural and sport elites also failed to make a dent.  The bottom line with "Leave" voters was a fear of immigration, a fear of the "other".

But as champagne corks popped at "Leave" parties, the first rumbles went through the world financial system.  The value of Sterling slumped as investors panicked, plunging down nearly eight percent at US$1.37, compared with US$1.50 just after polling stations closed.  Some analysts believe there is even more rom for the Sterling to fall.  Traders in Japan knocked more than seven percent off the Nikkei index in Tokyo.  In Hong Kong, shares in Britain's biggest bank HSBC