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What is BREXIT?

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Jenny Shine
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What is BREXIT? - June 24th, 2016

What is BREXIT?




The Brexit also has huge political impact apart from economic one. Major is the curb on immigration from European countries to Britain of which most are from Muslim countries. Next, the travel between Britain and other European countries will no more be a cake-walk as it will entail the need for a visa by anyone wanting to go to Britain. The visa fees will be steep. It will hurt people of the Muslim community to travel to Britain as the may find it difficult to get the visa. The relations between the Euro-countries and Britain will may be strained.


What BREXIT will Bring?

1) Britain will be free of immigrant Muslim baggage and debt of sluggish member nations.

2) Britain can strike better one-on-one deals with emerging economies like India.

3) Smaller EU nations will no intrinsic trade potential like Switzerland will have to actively seek trade partners.

4) The bad taste that Brexit brings eill weaken NATO too.

5) On the flip side, trade wars are going to happen all over the world. SCO and ASEAN are not far behind. And they have still greater heterogeneity than EU.

6) BOTTOMLINE : The final chapter of mankind has perhaps begun. Trade wars followed by proxy wars followed by conventional wars followed by nuclear armageddon.

PRAY.... Only that will help.

Resource : open search


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Jayashree Iyer
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Re: What is BREXIT? - October 24th, 2016

Brexit is an abbreviation for "British exit," which refers to the June 23, 2016, referendum whereby British citizens voted to exit the European Union. The referendum roiled global markets, including currencies, causing the British pound to fall to its lowest level in decades.



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