By Heather A. Conley
Many words could have been used to describe the transformative events following the UK’s historic and unprecedented decision to leave the European Union. Asked over the weekend about the exchange between President Obama and Prime Minister David Cameron on Friday following the results of this seminal event and his resignation, National Security Advisor Susan Rice said that the President described the outcome as a “bummer.”
The loss of $3 trillion in global market value over the course of two days is indeed a bummer. As for the complete lack of political clarity from both London and Brussels about how the “exit dialogue” will be conducted? Ditto.