Global!
What they actually mean is that the EU economies will collapse and that will be bad for them given how much they have invested in Greece.
You got it in one. I think they were hoping nobody would see it that way. Without our financial input the EU will become even more precarious than it is already leading to financial instability across the Union, but that 'aint our problem after Brexit is it.
Also If the UK is SO important to Europe and Global financial stability, why wasn't Cameron able to achieve more in his negotiations?
Quite simply it's because we cannot manoeuvre round the Treaties enshrined in EU law and they don't see 'the project' being spoilt by little Englanders. Now they are beginning to see the folly of their intransigence and push out the scare stories to support Cameron. See my earlier post on page 77
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