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BREAKING NEWS

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Britishmalayali
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When the shimmer of pride adorn the eyes of a proud Indian on August 15, her Independence Day, Britain fails on her July 23rd that sings a ballad of terminal decisions and deconstructive structuration. Growing up in India, freed off the British Raj, my childhood days looked upon Britain as an expanse of an Empire, "land where Sun Never Sets".  Through it's  course of conquer and conquest Britain grew it's  borders such that one part of the empire is always in daylight, so for the title, the nomenclature that probably started off the 14th Century. When Britain left India for good in 1947, they gifted us with the taste of modern age influences of betterment in architecture, structural designs, road/rail systems, scholastics, medicines and organizational flow charts. When i visit United Kingdom now and take a stroll along the Thames, or walk the fleet of stairs down a palace, or have a panoramic view from the slowly moving London Eye,  the reverence and admiration of Great Britain still stands tall.

History taught us that for centuries, European rulers such as Napoleon Bonaparte and Adolf Hitler had dreams stay dreams in their goal of dominating Britain, and she stayed put as  a powerful sovereign nation, still showing reverence to their Queen in power. The year 1956 saw the initiation and implementation of discussions and treaties among  the European countries like Belgium, France, Germany, Italy, Luxemburg, Netherlands  to coalesce  and strengthen as a full pledged force of the European Community. Monday, January 1, 1973 marked the United Kingdom's entry into the European Community. On Jan. 1, 2010, after decades of planning, the EU became an official global imperialist power, underpinned by a federal constitution that binds member countries to a supreme head in Brussels, alas the United Kingdom finally becoming officially subservient to Europe. Hopefully unpredicted or uncontrolled, these coalescing  maneuvers, Germany and France obtained the reigns to the mechanisms that gave them greater sway over Europe, while Britain's power abridged. The Lisbon Treaty, according to the global intelligence company Stratfor, bestowed to Germany and France an  influential decree over the European Union's work manifestations and important policy mandates  eventually giving them jurisdiction  in the European Union's functions in Dec. 1, 2009.

This distressed the Britons. "BRITAIN IS NO LONGER A SOVEREIGN NATION," wrote British politician Daniel Hannan in the Telegraph  on the morning the treaty was enacted. "At midnight last night, we ceased to be an independent state, bound by international treaties to other independent states, and became instead a subordinate unit within a European state."  

Why BREXIT? 
The whole world is reeling after a milestone referendum in Britain to leave the European Union known as BREXIT. A portmanteau of the words "Britain" and "exit," it is the nickname for a British exit of the European Union after the June 23 referendum asking voters: "Should the United Kingdom remain a member of the European Union or leave the European Union?"(Washington Post).  And although leaders for the campaign to exit Europe are crowing over their victory, it seems many Britons stay devoid of the actual scene, the actual motive and the real reason why and for what they had actually voted for. For many, the anguish, agony and pain prevailing in their heart took an abrupt emotional stance and translated as support to the scene.  

Let alone Europe and Britain, the whole world is awaiting  a far reaching repercussion  in the destructive decision. The majority decision of Britons to get out of European Union has created much havoc. Those who advocated and stood for in favor of the decision strongly presume this decision to stand revive the lost days of heightened glory  by emancipating their nation politically and economically. David Cameron, UK's Prime Minister who saw against this decisive cloud of retiring out of the EU, took the moral responsibility of this voting and expressed his desire to resign.
Global markets slammed, British Pound and Euro taking a downfall 31 years low, Dow Jones Index tumbling by more than 600 points and S&P by 76 points  instantly.This voting on Britain Exiting EU (BREXIT)  was stressful and took a toll on Britain, even  bloodshed as opponent member of parliament whose stance against this referendum had him take bullet to the grave.EU alleged the largest financial tie up of it's  28 member nations, never had Britain accept it's  common currency Euro nor it's  common Schengen Visa system.  Second to Germany ,UK  is the economically powerful nation. EU permit's  citizens from other weaker nations to seek employment in richer countries, and the unchecked immigration  was ever a  despise for  UK . They ever feared a run down in their cultural and national identity to the migrating, mingling and the anchoring immigrants. The sense of insecurity and unrest had prevailed a while and the disapprovals on the many statutes were looked upon as detrimental to the sovereignty of the UK.

Though the steering for opposition of Brexit vested in the hands of Cameron himself, he stayed compelled and obligated by his fellow party members who envisioned contradicting his perspective of the referendum. The opposition stood strong from the Labor, the Liberal, and theScottish Nationalist Party. Very soon the long standing cry for separation of Scotland (already main agenda of Scotland Nationalist Party), followed by similar demand by North Ireland and Wales is expected to be a threat to UK.

This decision invariably threatens the very stability of the EU, an experiment but at the same a successful coalition of different nations of  varying culture, economic,  and political standouts.  Brexit could trigger a chain of events that will conclusively squeeze the confidence in the European Central Bank (ECB). According to Yardeni Research Inc, the Balance Sheet of ECB comprises assets worth $3.5 trillion and a capital of $12.2 billion, most of them being committed amounts. If UK decides to withdraw all of it's  capital, a market mayhem is what shall follow.

From the UK point of view, though US politicians like Donald Trump declared it as the Independence Day for UK,  basically it is deemed as weakening of it's closest ally. Fear and confusion will shadow in the weeks and months ahead. Lots of foreign companies might leave UK causing economic shrinks, political and emotional shifts. Currency wars and crash insurance will be familiar words sooner or later. Meanwhile another memorandum in circulation signed by more than three million British citizen requesting to revert Brexit is gaining momentum. As I write this, the global markets are collapsing, with the Dow down over 500 points, the FTSE off nearly 2,000 points and the Nikkei down by nearly 8%. Experts and guru's stand stay incapacitated enough to predict the return of stability all left to time unconditional. It takes time to free themselves from legal requirements and obligations. In the relevance of time it is premature to give a strong and credible forecast into the events that follow. We still stay unsure on the strategies at hand to UK, in the implementations of which to they see the shining road ahead.

Now they are free to keep their double Decker buses on their streets , maintain it's  cultural nostalgia for Britain's lost place in the world and their ability to weave a political frame without consultation/ intervention from Brussels. Britons be prideful, it is now safer just keep your sovereign and look away from expanding boundaries and its time to anchor dreams short.
 In this context it's worth mentioning an old article that appeared 40 years ago  in The Plain Truth written by Herbert W Armstrong,( author of the United States and Britain in prophecy)  "Britain is going to look back on Monday, Jan. 1, 1973, in all probability, AS A MOST TRAGICALLY HISTORIC DATE-A DATE FRAUGHT WITH OMINOUS POTENTIALITIES! For that date marked the United Kingdom's entry into the European Community" "Britain's entry into the European Communityportends a tragic situation. Britain will be faced with a dilemma."   Yes , Britain is facing that  dilemma.

Moral of the story:
It's high time to think and revamp the 52-48 rule for perhaps 75-25, and also the irrelevance of simple head count to the real educated and experienced heads who contribute towards the decision making.

Forecasting the future like Nostradamus is not what is sought but the maturity in mind, unbiased decisive making capacity,  anticipation of the aftermath to an extend and the  involvement of the right minds from various structures of the social, economic and political dictum to partake. And above all let's hope the future sons and daughters of  BREXIT appreciate this decision of today and not storm at the ripple effects despise the decision and renounce BREXIT. 

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