Five Reasons the U.K. Won’t Quit the EU – WSJ

Non EU

Non EU (Photo credit: Wikipedia)

According to Simon Nixon, the conventional wisdom is that the outcome of a planned referendum on the U.K.’s membership in the EU is wildly uncertain but several developments suggest that may be wrong.

Source: Five Reasons the U.K. Won’t Quit the EU – WSJ

This WSJ article is a recommended read.

Having also reblogged an insightful article in the Guardian today about the UK’s white working classes, it’s surely time to destroy the Brexit‘s hidden argument. It goes like this, with a Brexit there will be less immigrants and refugees, therefore there will be more jobs to go round?  I would argue that there will be far less jobs with a Brexit, as the UK would go into sharp decline and isolation. Investors like China are already looking at the political risk associated with a Brexit.

Thoughts?

Cameron pulls off a surprise win: What now for Europe and Scotland? | Brookings Institution

Debating chamber in Scottish Parliament building

Debating chamber in Scottish Parliament building (Photo credit: Wikipedia)

This is a deeply disturbing outlook from leading US think-tank, Brookings Institution. It’s a must-read. Check it out!

via Cameron pulls off a surprise win: What now for Europe and Scotland? | Brookings Institution.

The article paints a picture of stronger and stronger pressure for Scottish independence, on the back of rising power for the SNP. Although David Cameron is expected to offer major concessions to Scotland, it is expected that there will be a major clash over the future of Trident. The article highlights:

If the SNP repeat last night’s performance in 2016 in the elections of the Scottish Parliament, another referendum on independence will be unavoidable – and this time it will be won.

Also the article draws three powerful lessons from the UK’s surprise election result:

  1. Leaders matter
  2. Don’t trust the polls
  3. The political pendulum is not swinging to the left

Thoughts?