Brexit is a product of the worldwide economic recession, and is a step towards extreme nationalism, growth in right wing politics, and fascism. What is the cause of this recession, and what is the solution ? This is what will be examined here. For quite some time there has been an economic recession all over the world. From time to time we hear of a recovery, but in fact there has not been, and there is unlikely to be, a genuine recovery of the world economy for a long time. I will try to explain.