Brexit & The Storm To Come

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Brexit could very well be the ‘beginning of the end’ and all at the hands of scheming, conniving and lying politicians, but also of uninformed citizens.

Before going into the cons of the UK leaving the Eurozone, let’s look at the some of the propaganda figures used.

It was said that the UK bears the burden of Europe by contributing 20% of its budget. Well, that’s false according to 2015 statistics of contributions made by Member States to the EU budget.

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Stats from here. It’s great that we’ve cleared some mumbo jumbo regarding how much Britain really does contribute. However, 12.57% is a huge figure. So how will this affect the European Union and its institutions?

Well, clearly there will be many budgetary changes for the EU.  Currently the Commission engages in a 1% staff reduction per year for 5 years starting in 2013, in line with the 2014-2020 Multiannual Financial Framework (MFF). Now, this number could be seen to increase in the following period as an anti-crisis measure. Also, many of the Commission’s plans will suffer and a great deal of agreements will need to be renegotiated, such as the humanitarian aid programmes. The next week in Brussels will determine much of the outcomes. However, there is still a small glimmer of hope that the British parliament will not pass the results of the referendum. I’m not sure they can afford such a statement though, politically.

Moreover, Britain had a definite say in all of the EU policy that has been made with 73 out of 751 Members of the European Parliament. With all of these members leaving, it is clear that the EFDD, S&D and ECR will suffer a huge blow. And, yes, Britain won’t contribute to any more of the European policy-making so, how’s that for sovereignty?

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So why did all of this happen? Well… people were lied to and manipulated, sure, but it all builds on a frustration of current EU policy.

Most of all, a man that has been paid by the EU parliament for 17 years has gone rogue to sabotage the very institution that he has been part of for most of his career. This reminds me of some British humour:

This is precisely what this man has been up to. Nigel Farage and his anti-immigrant speech. Well, the UK isn’t even part of Schengen, so how does leaving the EU really impact immigration anyway?

After seeing the terrible implications of his “get out of Europe fast, before thinking” campaign, Farage has decided himself that the UK was entering a crisis anyway. And well, he did nothing to rock the market.

“There’s nothing new here,” he told the Sunday Telegraph. “I think we are going into a mild recession anyway, completely regardless of Brexit. Our growth forecasts are down. Our public-sector borrowing is still not under control at all and everyone forgets that sterling is in a bear market, declining since July 2014.”

Read more here. Yes, my friends, the Brits have been hit by a storm and the very man who steered the boat is saying that he claims no responsibility.

If that’s not enough, Farage admits to have lied to the people on TV without any hesitation. If you need to see that as well, here it is.

What remains to be said?

Should we talk about the downside that Brexit will have on British citizen and companies living in Europe? Or about the travel issues and costs that will rocket? How about the import – export taxes and tariffs. Let’s discuss multinationals and relocation. Should we discuss jobs and the British economy that will be in shambles? We could even talk about the next to leave EU if UK follows its course – France, Hungary, Poland?

Well, I dare not go into these subjects. It’s great to see that people made an educated vote. Google presents us with some facts that I will leave you with.

After Brexit Vote, Britain Asks Google: ‘What Is The EU?’

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1 Comment

  • Reply
    Mihaela Draghici
    June 26, 2016 at 9:28 am

    Well, I couldn’t agree more with the conclusion of this article from The Telegraph:

    “The Leave campaign is fond of a quote attributed to Churchill: “Each time we have to choose between Europe and the open sea, we shall always choose the open sea.”

    Oh, hear us as and when we cry to Thee, For those in peril on the sea” (http://www.telegraph.co.uk/news/2016/06/26/the-eu-will-treat-britain-like-greece/?utm_source=dlvr.it&utm_medium=twitter)

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