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( A SIX MINUTE READ)
What is Brexit?

As I understand there are the five reasons why the British want’s

to leave:

1- Controlling immigration. 

More than half of the net immigration in Great Britain comes from the European Union, especially the Eastern European countries (Poland, Romania, Baltic countries …). Freedom of movement within the EU prevents London from acting on these flows. To counterbalance, the government has tightened the entry criteria for countries in the rest of the world. Eurosceptics believe that outside the EU, the UK could finally regain control of its borders and its migration policy.

2- Restore national sovereignty. A return to the “nation”, to “everyone

for himself”

They denounce the democratic deficit of the decisions of an unelected Commission. The hardest eurosceptics are vainly demanding a veto over Brussels decisions. Failing that, they argue for an exit from the Union, which alone would render Westminster Parliament its omnipotence. They abhor political decisions from consensus in Twenty-Eight, the supremacy of the European Court of Justice or the European Court of Human Rights over the British courts, as well as the idea of ​​a foreign policy or, worse , of a common defense.

3- Leave a ship that takes the water. 

The euro zone crisis that never ends, the bailout of Greece with billions of euros (in which the United Kingdom did not participate), the sinking of migrants feed the British vision of failure of the European project and a continent adrift. In contrast, the two-year-old dynamism of the British economy has strengthened them in the belief that it is high time to “break away from this corpse” to survive and thrive.

 4- To break free from Brussels regulations.

 

While the multinationals are largely in favor of keeping the EU, the bosses of small and medium-sized companies complain about the obstacles of the norms and regulations imposed by Brussels on their freedom of enterprise. Farmers criticize the constraints of the common agricultural policy. Fishermen are suffering from the restrictions imposed by the EU. The working time directive (48 hours per week) is vituperated, for example for hospital doctors. The City plagues against European financial standards and the limitations imposed on bankers’ bonuses. Brexit would also save the UK £ 11 billion of its net contribution to the EU budget.

5- To trade freely with the world.

While belonging to the world’s largest market facilitates trade, the Eurosceptics believe that London could do better outside the EU. They would like to see London resume its seat at the World Trade Organization to sign its own partnerships with external countries, such as China, India, emerging Asian or Latin American, and regain its place on the scene international. They highlight the privileged relations with the Commonwealth members to draw a radiant vision for British post-Brexit trade.

Perhaps some English Man or Woman could tell me whether my understanding is right or wrong.

One way or the other it will be impossible to negotiate, agree and ratify a comprehensive deal on the future relationship that encompasses trade, investments and economic ties by 30 March 2019.

So should their exit from the European Union prompt us to ask ourselves certain questions about the future of Europe.

Since the creation of “nation-states” in Europe between the 19th and 20th centuries, the idea of ​​”nation” has been reinforced around an infinite number of values, principles and symbols considered common to a nation and found consolidated by the teaching: it is the language, the territory, the flag, the “cult of the ancestors”, etc.

In the minds of some and fears in others: according to far right parties, this European Union was going to create the ruin of their “nations” the withering away of the” national “culture, etc.

But all these arguments have not deterred the European people’s from opting for this option without feeling threatened or otherwise: Europe has shown the world the possibility of “living together” in a sort of “multinational” without undermine the feeling of belonging to a “nation” for every citizen.

The political consequences of Brexit for the European Union are difficult to predict.

However the following is blatantly obvious:

That the UK will be facing a plethora of difficult circumstances and will be at the mercy of EU Member States voting to extend the negotiation period, opening up the possibility that any given Member State may try to block the deal in order to extract a higher price for agreeing to any element of the agreement.

The financial cost to both sides is going to be billions, with lawyers laughing all the way to the bank.

It’s blatantly obvious that all European agencies following the Brexit, will have to leave the British capital at the end of March 2019, such as the European Medicines Agency (EMA) and the European Banking Authority (EBA).

It’s blatantly obvious that when the bottom line of business are effected, there will a real blow to the standard of living, employment and growth, in the short-term.

It’s blatantly obvious that London would have no more connection with the EU than with any country in the world. Return of customs duties and other protective measures will be imposed re NI and Gibraltar the UK land boards with the EU.

It’s blatantly obvious that any agreement that bestows anything that is more advantages than the current member stated  enjoy will be vetoed.

It’s blatantly obvious that Ireland will be the most effected country, economically, and politically.

It’s blatantly obvious Brexit will disrupt the EU’s internal equilibrium.

It’s blatantly obvious that freedom of movement and living in Europe will be effected.

It’s blatantly obvious that project’s funding by the EU will suffer or stop. The French utility EDF approved a project to build a nuclear power plant in Britain.

It’s blatantly obvious that the withdrawal plan must be approved the European Council, the 20 EU countries with 65 percent of the population, and the European Parliament.

It’s blatantly obvious it will lose the ability to bid on public contracts in any EU country.

It’s blatantly obvious that the cost of airfares, the internet and even phone services will go up.

It’s blatantly obvious that a a cheaper pound will increase the cost of imports.

It’s blatantly obvious that Britain’s credit rating will suffer.

It’s blatantly obvious that the EU funding through the Common Agricultural Policy (CAP) is highly relevant to the rural economy. Making up nearly 40% of total EU expenditure, it provides direct payments to farmers, market support measures and rural development programmes to support the wider rural economy.

It is not blatantly obvious that it could eventually lead to the destruction of EU.

It’s blatantly obvious the gateway to free trade with the 28 EU nations once closed will stay closed for some considerable time.

Finally it is blatantly obvious that the characteristic of the exploding technological society is the changes sooner or later must take place in a fraction of the time necessary even to assess the situation. We produce a new generation about ever five years.

It’s blatantly obvious that Britain needs to wake up and join the real world.

All human comments appreciated. All like clicks chucked in the bin.

 

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