The “most expensive divorce proceeding in the history of the world” has begun.
The phrase, coined by United States billionaire Wilbur Ross in an interview with Bloomberg, describes the recent decision by the United Kingdom to leave the European Union.
On Thursday, the UK voted 52 percent to 48 percent to leave the EU. It’s the first country to do so, and the decision is already causing a massive reaction from world leaders and organizations.
Bloomberg asserted that the decision to leave should sound an alarm for EU leaders: