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UK: In or Out of EU?
The UK referendum on the 23rd of June 2016 will decide if the United Kingdom leaves the European Union. As it stands now Britain has its hands tired with some freedom with the EU's Free Trade Agreements with a number of countries, but if Britain leaves it will be a short term pain for a long-term gain for Britain. So far 65 billion pound has been moved out of the UK by currency traders hedging their bits, but Britain will probably vote to exit the EU which will mean that Britain can signup for Fair Trade Agreements without been tired down to Free Trade Agreements which are bad news, because high-wage countries cannot compete with low-wage countries that puts them at a disadvantage when it come to trade deficits.
If Donald Trump is elected president there will be a trade war like America has never seen before. We can only fix the economic system by either reducing wages and working longer hours to effectively balance the books to compete with ASIA or wait until their wages are par with western countries, that is the reality of life in today's world of commerce and competition. Anyway Donald Trump will not become president because of his rhetoric behavior. Hillary Clinton will win the general election without goosestepping to the White House. Bye-Bye Donald Trump, you only have yourself to blame, so blame anyone else.
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Comment by Kerry Hay on June 29, 2016 at 7:58pm
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Why is there a problem with the European Union not wanting to trade with the United Kingdom since they voted to leave the EU. Harmony and trust is the key to productivity.
Britain will still protect it's NATO allies in time of war, so why should trade stop, it doesn't stop at the border? Open borders do not protect it's citizens from terrorist.
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Brussels needs the UK more than the UK needs the EU, that's for shore. The sky hasn't fallen in because the Bank Of England holds 45 ton of gold bullion in it's volts.
Ask yourself, why has the stock market fallen? So the stockbrokers can make a fortune at your expense. They the globalist created this fall in share prices worldwide. In another week or two all will be forgiven and the UK will be in business as usual.
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The British people have a choice whether to leave the EU or stay in the EU. The question is, does Britain want to be the baby in the pram been pushed around by the European Union or do they spit the dummy and take the leadership back where it belongs?
Rocks2Rings
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