‘Brexit’ could mean disintegration of EU or U.K.: Roubini

Nouriel Roubini

Britain’s decision to leave the European Union (EU) could be the beginning of the disintegration of the bloc of countries or the United Kingdom, said economist Nouriel Roubini on Sunday.

But people should not expect a recession or financial crisis in the wake of the “Brexit” vote, said Mr. Roubini, speaking at the World Economic Forum in China's northern city of Tianjin.