Brexit "May" not be so bad after all
It is not the first time that one of the large players in a Federation actually leaves, and it causes a massive impact. In 1959 Jamaica withdrew from the West indies Federation triggering the then chief minister of Trinidad and Tobago to make his famous comment, "1 from ten leaves nought",
but I would like to propose something else "1 from ten leaves 9 but 2 from ten leaves zero".
How is this possible? Britain leaving the European Union does not mean that the Union will implode but the union now has the opportunity to learn and evolve. However with talks of France leaving the European Union as well could trigger a two from ten situation. Britain's Exit (Brexit) from the European Union may not necessarily be such a bad thing. Britain has been an evolutionary state with no takeovers or revolutions or even historically devasting invasions. Britain colonized the world in the 15th and 16th centuries and still retains control over many countries. So Britain leaving may not necessarily cause the massive crisis that some analyst predict.
Let's get this clear we need to focus more of our attention on what happens in the future and how Brexit affects the world in the long term. The impact of the 4% difference in the vote has similar worldwide effects to both 9/11 and the US financial crisis. Brexit has caused the pound sterling to plummet to 31-year lows and some analysts predict dollar parity by 2017. The NYSE indices also plummeted hours after the results of the Brexit vote. But the British people are a proud nation that will as history suggest will bounce back and get stronger.
But Brexit does mean a few things:
No more free movement of Europeans into Britain,( UK had net inflow of EU migration of 3million and outflow of 1million)
Tighter control on immigration (UK has stressed that they want to tighten their grip on immigration which was dampened by EU movement)
Economic and Political Autonomy
Negatives
Some predict a shortfall in Remittances due to economic hardships, however, this may only be short lived.
British-based International Agencies may actually leave the UK
All in all, we just have to wait and see as Britain Recovers politically as well the movement in the Pound Sterling.
Britain now has their 2nd female prime minister, we'll say how Lady Theresa May pulls UK through these uncertain times.
but I would like to propose something else "1 from ten leaves 9 but 2 from ten leaves zero".
How is this possible? Britain leaving the European Union does not mean that the Union will implode but the union now has the opportunity to learn and evolve. However with talks of France leaving the European Union as well could trigger a two from ten situation. Britain's Exit (Brexit) from the European Union may not necessarily be such a bad thing. Britain has been an evolutionary state with no takeovers or revolutions or even historically devasting invasions. Britain colonized the world in the 15th and 16th centuries and still retains control over many countries. So Britain leaving may not necessarily cause the massive crisis that some analyst predict.
Let's get this clear we need to focus more of our attention on what happens in the future and how Brexit affects the world in the long term. The impact of the 4% difference in the vote has similar worldwide effects to both 9/11 and the US financial crisis. Brexit has caused the pound sterling to plummet to 31-year lows and some analysts predict dollar parity by 2017. The NYSE indices also plummeted hours after the results of the Brexit vote. But the British people are a proud nation that will as history suggest will bounce back and get stronger.
But Brexit does mean a few things:
No more free movement of Europeans into Britain,( UK had net inflow of EU migration of 3million and outflow of 1million)
Tighter control on immigration (UK has stressed that they want to tighten their grip on immigration which was dampened by EU movement)
Economic and Political Autonomy
Negatives
Some predict a shortfall in Remittances due to economic hardships, however, this may only be short lived.
British-based International Agencies may actually leave the UK
All in all, we just have to wait and see as Britain Recovers politically as well the movement in the Pound Sterling.
Britain now has their 2nd female prime minister, we'll say how Lady Theresa May pulls UK through these uncertain times.
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