The UK Has Voted To Leave The European Union And Why You Should Care
If you’ve checked your timeline or news this morning you’ve noticed a lot of talk about the chaos going on in Europe right now. Many Americans have heard discussions about the United Kingdom leaving the European Union but what exactly does that mean?
We got you…
What the hell is the Brexit?
It’s a cool way of saying Britain’s exit from the European Union. The Union is a powerful political and economic partnership composed of 28 nations: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the UK.
Why the heck would The UK want to leave the EU?
Money and immigrants to put it in short. People who support the “Leave” side of the table believe that if the UK was a non-EU member then they would be able to negotiate better deals with other nations and protect their markets. Leave supporters also don’t like the “free movement” or lax visa restrictions on immigrants in surrounding EU nations. Basically, they want to seal borders, build walls and preserve nationalism. Sound familiar?
Why do people want to stay in the EU?
Free movement between countries without visa restrictions is clutch for travel and economic growth. When nations are united economically it makes conflict less likely and international markets more stable. Unification = Less War. More money.
So, why should YOU care?
Stop what you’re doing right now and check your 401K. Because the UK has decided to leave the European Union, banks will have to move to other EU nations. Basically, whenever financial centers have to restructure and spend money or enact any change YOU feel the banking burn. The Brexit negatively impacts European economic growth, that means a negative trickle down effect on the global markets. But buy gold and don’t check your retirement accounts today!
Can something like this happen in America?
Well, something like this has already kinda happened in America. It was called the Civil War and we learned in middle school that secession, financial ruin and general racism are bad news for a nation. In essence, the UK chose to leave the European Union because of anti-immigration sentiments, economic instability and politicians who specialize in selling fear; Americans can scoff and laugh at the UK in shambles but always remember…