"The likelihood is there that in one country or another there will be enough support for another referendum, and an exit will occur that will begin the process of a real unraveling of the Eurozone."
He was probably thinking of France or the Netherlands and there are others too. But just imagine the EU without France or the Netherlands, that's surely the beginning of the end...
So what he is telling us is that in Europe, we now run a very real risk of another devastating referendum, similar to Brexit.
I believe that comment certainly makes my just-published article on Impakter magazine particularly timely. In it, I argue that referendums are not a democratic panacea, on the contrary, they are highly dangerous and can be deeply destructive. I also propose a simple fix. Here is the beginning: