by clive of payia » 20 Jun 2016 10:39
Appreciating our Referendum votes are probably now delivered, or on their way to our respective Returning Offices in the UK, one of the biggest dangers us expats face is living in the Eurozone, an utterly flawed monetary system which is just about ready to bust. The UK may not be in the Eurozone for now but we are in Cyprus. Somebody please try to defend the euro currency and convince me otherwise!!!!!!
If the referendum is Remain the unelected EU commission will read it as abject surrender and Cameron's "Reforms" will be outvoted by the EU Parliament. Cameron may have got the other 27 heads of states to agree his so called reforms but the EU parliament will throw them out, Martin Schultz, President of the EU parliament has already commented, minutes after Cameroon briefed the UK, that they can be undone. Remaining will also mean treaty changes to ensure the UK has to dig deep into it's pockets to support bailouts and prop up the EU's budget - and there will not be any way of preventing it except invoking Article 50 when the whole story eventually unfolds.
Cameroon and the pro-EU members of parliament will then feel the full wrath of the Remainers who, just like those of us that voted for continued membership of the then Common Market in 1975 were well and truly lied too and by successive government. History is repeating itself.
If, on the other hand it's to Leave, remembering most people with an interest in the Referendum has known of a possible Leave vote and put in Plan 'B's', so there should be no devastating shocks there. There will undoubtedly will be in peoples minds what will happen now. As usual people will still go to work, food will available in the shops, (cheaper food when we start importing food from the Commonwealth again and from Africa.)
The stock exchange and banks will open and the ATM machines will dispense money. There will be a dip in the pound for a while, but we get that all the time, but it will recover as it usually does. Remember the EU Commissioners Gold-Plated pensions are probably invested in the London Stock Exchange - they have much to lose as well trying to dumb down the Pound.
The UK will continue trading with the EU, UK is the EU's biggest customer, you don't need a trade deal to trade. America and many other industrialised don't have trade deals with the EU, but they do have to abide by the trading standards as they already do. Many of the larger EU manufacturers, particularly the German car makers, for which again the UK is a highly prized market will be looking to do what the Japanese and other Eastern car makers have done and set up plants in the UK, which now free of the stifling EU rules, could make and export cars, particularly the RHD market, outside of the EU. More jobs and income for the now democratic free trading UK, just as we used to be. Thus will be repeated in many other manufacturing and service organisations - this is what the unelected EU Commissioners fear most - leave the EU and prosper.
Free of the EU, immigration can be controlled. Please, there cannot be a single Remainer who would advocate unfettered immigration into any country, so some measure of control has to be applied, something that cannot be done whilst in the EU.
This article may appear to some of you to be a little too late, your right. It was written for a UK audience who have yet to cast their votes, I merely copied it on here for those interested in the likely out come.