EU Referendum or the Eeeewww!!! Referendum

Mr. and Mrs. Y was a happy married couple. They were married for 40 years and had kids. Their relationship was very good and the foundation of their relationship seemed to be unshaken. One night, Mr,Y left the tap running after bath and kept his wet towel on the bed. This was repeated a couple of times and one fine day Mrs. Y suggested for a divorce. The lawyers from the both sides were ready and then it just clicked to the couple, which why not gives the relationship a last chance before they get separated. So, as of now, they are seeking a marriage counsellor on one hand and with the divorce papers on the other.


Hello Jokers!!! Britain and European Union- a happy couple married for 40 years. But I don’t think that its working anymore. That is not what I said, but what Britain said to EU. Six months ago, Britain going out of EU seemed to be vague but rising popularity of Anti- EU party or the United Kingdom Independence Party (UKIP) led by Nigel Farage made Cameron think once again and now the Conservative Party and UKIP are the supporters of UK wide EU Referendum. The European Union has 28 members. Britain was already out of EU’s Monetary Union when they kept Sterling as their currency. 

Last week Cameron wrote a letter to the President of the European Council Donald tusk describing a set of reforms to be accepted by EU in order to continue the 40 year old relationship. If these reforms are not met then a referendum on UK EU membership will be scheduled to take place before the end of 2017. However, there were rumors that the referendum might take place in June 2016 but it looked impossible that Cameron would  held a campaign for the referendum at the same time when Scotland Elections were also due.

Highlights of the Reforms set before EU by United Kingdom

  • Economic Governance which included a multi-currency European Union so no country has to face loss in business on the basis of the currency. Also, giving the right to all the member states to object to any decision taken by EU which affects them.
  • Competitiveness which generally included an access to the Single Market and boost up the massive trade deals with America, China, Japan and ASEAN. This would also include a commitment by EU to ensure a free flow of capital goods and services,
  • Sovereignty which included keeping everything in a formal, legally binding and in a irreversible way and enhance the role of national parliaments with the European parliaments to stop unwanted legislative proposals.
  • Immigration Reform which would allow any EU population coming to Britain to live and contribute for 4 years before they qualify for in-work benefits or social housing, 

Positives if they get divorced

  • UK can form and secure trade deals with major countries like America, India and China.
  • Britain can unblock non-EU immigrants who could contribute to UK
  • The monetary cost of staying in European Union can be saved and used to promote business and other valuable sectors in UK
  • Reducing red tapism and forming new trade deals can increase the jobs in UK.

Negatives if they get divorced

  • Contradicting the above point in the positives, the creation of jobs would actually depend on the acceptance of the Free Trade Agreement between EU and UK. It is analyzed however that a Brexit would get a loss of more than 3 million jobs.
  • With the exit, UK will no longer get any regional funding or agricultural subsidies which means, that UK will have to increase their domestic spending.
  • In terms of GDP, it is expected that UK could end up losing more than 2% of GDP by 2030.
  • There will be an increase in the competition once the doors are open for UK.

Comments from the Joker

All and all, looking at the history, we should remember the circumstances under which UK joined European Union. After the end of the Second World War, to prevent further conflicts, UK became a member of EU. Between both the nations i believe that UK will get hurt the most in-case of Brexit. For European Union, i must say that they should agree with all the reforms because if Britain exits then it will give the power to other nations also to replicate what Britain did and every year EU will start getting love letters from member nations putting reforms to be accepted.

Also, not to forget the Interest Rate Party this year and next year. If UK increases interest rates after US does then how sane it will be to take an exit from euro. The impact on pound would also be significant.

But on the other hand, reforms were sent and as i quote Cameron,”I am dead serious about it”, which shows the urge to sign the divorce papers.  But are these reforms an easy way to get out from EU since EU has been in debt and UK had been under EU’s umbrella and saving itself from the disaster. 

Will Britain take an exit from the European Union?

Will EU accept the reforms set by UK?

What will be the impact on Pound and equities?

There is only one way to find it out… Follow the TRADE JOKER

 

Sources and References: The Financial Times, The Globe and Mail, The Telegraph, The New York Times, Nationalave.com , Forbes, Business World,CNN, Asia one,The Wall Street Journal, World Economy, The guardian, The Washington Post
All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site

Related posts

113 Thoughts to “EU Referendum or the Eeeewww!!! Referendum”

  1. EU Referendum or the Eeeewww!!! Referendum – Trade Joker,[url=http://www.maccosmetics2017.com]http://www.maccosmetics2017.com[/url]

  2. The only issue I’ve come across with realty is that certain overlay windows
    in web browsers get chopped at the base when there is no option to scroll.

  3. Remember, if you’re unsatisfied in any way with
    the Fundamental Components Garcinia Cambogia supplements, you can always
    take advantage of our 365-Day Money-Back Guarantee!

  4. A improving job market and rising consumer spending alo ill push
    demand for brokers and agents to manage commercial,
    retail, and industrial real-estate trades.

  5. The main inquiry that we would like to respond to today, is if this kind of advanced digital lock systems
    make your residence much more secure.

  6. Even in the event that you are just paying the lower capital gains tax
    rate, you might be growing your real-estate investments more
    tax efficiently in your Traditional or Roth IRA Opposite to popular impression, your IRA can invest in almost anything with
    the exceptions of life insurance and collectables.

  7. It could take years and also years of method to do really well (there are
    competitions for lockpickers where they open locks as quick
    as feasible, some of them are in fact quite scary to enjoy),
    however no need to throw away $100 on a locksmith professional callout if you secure your door behind
    you.

  8. I’d like to thank you for the efforts you’ve
    put in penning this website. I’m hoping to check out
    the same high-grade content from you later on as well.
    In truth, your creative writing abilities has inspired me to get my own,
    personal blog now 😉

  9. Locating an Agent: The broker that’s hired to assist with the home-selling procedure be of no aid whatsoever or can make things a lot more
    easy.

  10. That being claimed, Alpha Mind has actually created a suitable product with a number of undeniable efficient nootropic ingredients.

  11. Reverse mortgages offer a great example of a item that is NOT cost-efficient aside from the financial agent selling it.
    My suggestion: senior citizens should AVOID
    all variations of a reverse mortgage.

  12. Sweeping via an array of other sectors, electronic signatures became legally-binding in Ontario real estate transactions
    regardless of the initial trepidation in the state.

  13. SEM

    Definitely believe that which you said. Your favorite reason seemed to be on the net
    the simplest thing to be aware of. I say to
    you, I certainly get irked while people think about worries that they
    plainly don’t know about. You managed to hit the nail upon the top and
    also defined out the whole thing without having side effect
    , people can take a signal. Will probably be back to get more.
    Thanks

  14. Like all of our MPXS Series Specialist Lock Choose Collections, the MPXS-32 features tempered stainless steel choices and our exclusive rivetless stainless steel deals
    with.

  15. If you can remember learning to brush you probably did
    not start with an electric brush. Therefore these people will find it a lot easier using an electric toothbrush where
    you simply need to hold the toothbrush in position using the correct amount of pressure.
    Not many people are aware of such a product which iis why they do not use them.

  16. This may differ from flat charges to a price based on visitors.

  17. I’d like to thank you for the efforts you have put in penning this site.
    I am hoping to view the same high-grade content from you later on as well.
    In fact, your creative writing abilities has inspired me to get my very own site now 😉

  18. The core property of the program is that somebody is eliminating people for their NZT 48 and
    that the FBI – with the assistance of Brian Sinclair – wishes to track that person down while identifying the
    makers of NZT 48.

  19. The property marketplace in India has all the makings for an expense hotspot in Asia, as well as the remaining entire world as is clear.

  20. Years later, I read an expose of real estate training and dirty tricks composed by Neil Jenman, who has founded several real-estate
    agents committed to ethical selling practices.

  21. Real Estate Express actually had a great analyzing tool (that I unfortunately discovered the day of the examination).

  22. Today, a well-oiled system maintains young Israelis streaming to the United States
    for locksmith professional tasks.

  23. Then you’re leaving your agent to clean-up the mess, particularly when the buyer contained those fixes in a offer.

  24. Also, particular nutrients could help protect against inflammation in the brain or otherwise protect mind cells, Wengreen claims.

  25. This dictionary was designed for multiple crowds of users and can serve both
    real-estate novices and seasoned professionals well.

  26. Lou iis a tax attorney along with a CPA and my gueset on the World of Real Estate with Jennifer Hammond.

  27. Essentially the most broadly used plans are the shared hosting packages offered by Hostgator.

  28. I’ve found that achieving success on Hubpages is ust as difficult as making it in property.

  29. A ‘psychological hack’ that grasp salespeople, politicians, pickup artists and cult leaders make use
    of to bear in mind infinite names instantly.

  30. Emergency unlocking and also lock adjustments, daily vital cutting and also installments and also of course complete checks as well as
    evaluations from a locksmith professional Liverpool team of experts that maintains your finest protection interests in mind whatsoever times.

  31. It will reduce pressuure and stress on the banking
    system to fund the property sector as REITs will empower the business to propose fresh equity by attracting long term finance from
    foreign and national investors.

  32. When a real estate agent attaches one of the broadcasting apparatus on their real
    estate signs, it alerts an passers by of a discount,
    the ouses amenities, or specfic funding conditions.

  33. Despite the problems of privateness and FAA security rules use has developed its niche and
    in luxury real estate sales seems to be powerful.

  34. The study details that Garcinia Cambogia helped regulates a person’s need for
    meals. Containing Hydroxycitric acid (HCA), the particular
    100% pure supplement lets customers feel fuller faster, enabling
    these to cut down on their food intake naturally.

  35. all the time i used to read smaller articles which as well clear their motive, and
    that is also happening with this post which I am reading here.

  36. Rental and sales of commercial actual estate are predicted to increase 0.8 percent in the 3rd quarter versus the same quarter of 2006, it stated.

  37. For instance , one product can recommend a wide
    range of milligram dosage.

  38. Current proof suggests that the weight-loss potential associated with HCA is unreliable and the degree of
    the effect, when present, is definitely low, making it hard to
    recommend Garcinia as an anti-obesity agent.

  39. I just want to input that you have a very nice website
    and I enjoy the design and artcles in it.

  40. Working with people to find the appropriate lock remedy for them is something that the group has provided
    for years, and also with the big cauldron of experience continually topped
    up by our research studies, we are confident to guarantee any and also all job we do.

  41. Locksmiths Manchester often works with bailiffs seeking obtaining
    entrance to buildings to recoup building.

  42. Regardless of what it is that you may require this caring locksmith
    professional Liverpool service team for, you could always feel confident that with us, you will certainly
    always have a fantastic price for the remedy you require.

  43. Spa absolutely love these particular Smart Balance Wheel. Since i taken care of our bait equipped with Mink Motor oil each and so they start looking identical to fresh.

  44. Arise above your assumed discoveries, ideologies, hand-me-down ritual beliefs and their methods -artificial or natural.

  45. I do not drink it however the odor reminds me of
    my childhood.

  46. Although the global financial recession in 2008 has handed, its outcomes are nonetheless inflicting many international locations difficulties.

  47. EU Referendum or the Eeeewww!!! Referendum – Trade Joker, kylie jenner birthday edition

  48. Although mesothelioma, asbestosis, and asbestos-related
    lung cancer are all illness brought on by asbestos, submitting legal actions for different sort of asbestos diseases aren’t always the exact
    same.

  49. Hello, after reading this awesome post i am too happy to share my know-how here with mates.

  50. I for all time emailed this webpage post page to all my friends, since
    if like to read it then my contacts will too.

  51. Hello, after reading this amazing post i am as well happy
    to share my familiarity here with colleagues.

  52. Hey There. I found your blog using msn. This is a very well written article.

    I will make sure to bookmark it and return to read more of
    your useful information. Thanks for the post.

    I’ll definitely return.

  53. What’s up to all, how is the whole thing, I think
    every one is getting more from this site, and your views are pleasant
    designed for new users.

  54. Amazing! This blog looks just like my old one! It’s on a completely
    different subject but it has pretty much the same page layout and design. Superb choice of colors!

  55. Hello, this weekend is good for me, because this point in time i am reading this impressive
    informative paragraph here at my house.

  56. Howdy would you mind letting me know which webhost
    you’re utilizing? I’ve loaded your blog in 3 completely different web browsers and I must say this blog loads a lot quicker then most.
    Can you recommend a good web hosting provider at a
    fair price? Cheers, I appreciate it!

  57. Absolutely first rate and cotore-boptpmed, gentlemen!

  58. What a pleasure to find someone who idefnities the issues so clearly

  59. What liernatibg knowledge. Give me liberty or give me death.

  60. Great thingink! That really breaks the mold!

  61. You write so hotlnsey about this. Thanks for sharing!

  62. That’s a weh-otloughtl-ut answer to a challenging question

  63. You’ve really captured all the esnletiass in this subject area, haven’t you?

  64. I supspoe that sounds and smells just about right.

  65. Last one to utizile this is a rotten egg!

  66. Always the best content from these progidious writers.

  67. A little rationality lifts the quality of the debate here. Thanks for cobnginutitr!

  68. If not for your writing this topic could be very covntluoed and oblique.

  69. At last! Someone with real exsetripe gives us the answer. Thanks!

  70. You got to push it-this eseatnisl info that is!

  71. It’s a relief to find soemnoe who can explain things so well

  72. Why do I bother calnilg up people when I can just read this!

  73. This forum needed shkaing up and you’ve just done that. Great post!

  74. That in’hsitgs just what I’ve been looking for. Thanks!

  75. Super inaitmfrove writing; keep it up.

  76. Apoiacietrpn for this information is over 9000-thank you!

  77. Fell out of bed feeling down. This has brghnteied my day!

  78. Why do I bother calilng up people when I can just read this!

  79. Gee whiz, and I thouhgt this would be hard to find out.

  80. Thanks for writing such an eadr-to-unseystand article on this topic.

  81. A planisegly rational answer. Good to hear from you.

  82. You really saved my skin with this innotmariof. Thanks!

  83. People nolarlmy pay me for this and you are giving it away!

  84. That’s a knowing answer to a diuclffit question

  85. You can always tell an expert! Thanks for coibirtutnng.

  86. This could not posblsiy have been more helpful!

  87. Kudos to you! I hadn’t thuhgot of that!

  88. Ice

    Holy coincse data batman. Lol!

  89. The exrpteise shines through. Thanks for taking the time to answer.

  90. Normally I’m against killing but this article slerehtaugd my ignorance.

  91. Taking the ovevwier, this post hits the spot

  92. I think you hit a buelslye there fellas!

  93. Pleasing you should think of soenihtmg like that

  94. The paragon of unnenstaddirg these issues is right here!

  95. Hey, that post leaves me feeling folisoh. Kudos to you!

  96. Hi, its fastidious article about media print, we all know media is a
    enormous source of facts.

  97. Hi everyone, it’s my first go to see at this site, and paragraph is in fact fruitful in support of
    me, keep up posting such posts.

  98. Enjoyed every bit of your blog article.Thanks Again.

  99. Do you have a spam issue on this blog; I also am a blogger, and I was wanting to know your situation; many of us have
    created some nice procedures and we are looking to exchange strategies with other folks, please shoot me an e-mail if interested.

  100. Hello, I read your blog daily. Your story-telling style is awesome, keep up the good work!

  101. Very good blog post. I certainly love this website. Continue the good
    work!

  102. Greetings! Very useful advice in this particular post!
    It’s the little changes that make the greatest changes.
    Thanks a lot for sharing!

  103. Hello Dear, are you really visiting this site daily, if so then you will absolutely take nice know-how.

  104. I simply want to mention I am very new to blogs and definitely savored your web page. Very likely I’m planning to bookmark your website . You really have good writings. Appreciate it for sharing your webpage.

  105. Hey! Do you use Twitter? I’d like to follow you if that would be okay. I’m absolutely enjoying your blog and look forward to new updates.

  106. I merely want to tell you that I am new to online blogging and undeniably cherished your work. Probably I am going to bookmark your blog post . You certainly have stunning article blog posts. Love it for giving out with us your own internet site webpage

  107. I am in fact pleased to glance at this blog posts which includes tons of helpful data, thanks for providing such statistics.

  108. Awsome blog! I am loving it!! Will be back later to read some more. I am taking your feeds also

  109. I do not even know how I ended up here, but I thought this post was good. I don’t know who you are but definitely you are going to a famous blogger if you are not already 😉 Cheers!

  110. There is noticeably a lot to know about this. I think you made various good points in features also.

  111. Wow, this article is pleasant, my sister is analyzing
    such things, therefore I am going to let know her.

Leave a Comment