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Bring on the ‘Brixit’: EU withdrawal would bring benefits for both Britain and the US

June 23rd, 2012 FAKE NEWS for the Zionist agenda

By
Iain Murray


PUBLISHED:

10:14 EST, 22 June 2012

|

UPDATED:

10:14 EST, 22 June 2012

While much of the worry in the United States about the future of the European Union has focused on Greece, Spain, and Italy and their many problems, one consideration that hasn’t gotten enough attention is the probability that the United Kingdom might leave the bloc.

Recent events have made that once-remote possibility now much more likely. The US should prepare for the eventuality that its closest ally will soon be looking for new options in foreign relations.

Turmoil: Everyone's talking about 'Grexit' - a Greek exit from the eurozone. But what about a 'Brixit' from the EU?

Turmoil: Everyone’s talking about ‘Grexit’ – a Greek exit from the eurozone. But what about a ‘Brixit’ from the EU?

This is important. As London has passed more and more powers to Brusse

ls over the years, Washington has found it harder and harder to deal directly with. An attempt by the Heritage Foundation to garner British support for a global free trade area of the world’s freest economies foundered because trade is an EU ‘competency’ (the US has had to look to the Pacific economies instead). Even security policy is increasingly subject to EU ambitions in that area, with the UK agreeing to provide aircraft carriers that currently have no planes. Britain has been caught in a European straitjacket.

The reason for the increasing likelihood of what some are terming a ‘Brixit'(short for British exit, like Grexit for Greek exit) is quite simple. It is becoming more and more apparent that the only viable solution for the debt problems of the southern EU nations is some form of closer integration, in the form of a political or fiscal union or (as has been suggested recently) a banking union of the Eurozone members.

It is now widely accepted on the Continent that monetary union without these other policies was a huge mistake, producing massive economic disparities within the currency union – as Eurosceptics warned it would back in the 1990s. As so many times before, the solution now being proposed for problems caused by European integration is… more European integration.

Yet the idea of Britain being involved in closer European integration is anathema to the British people. It is unlikely that any of the major proposals, like fiscal or political union, would be approved. Even a Eurozone Banking Union, as Open Europe’s Mats Persson has pointed out, would essentially lead to the British financial services industry being burdened with all the costs but enjoying none of the benefits of EU

membership. No part of this is attractive to the average Briton.

Opportunity: David Cameron may have no choice but to engineer withdrawal

Opportunity: David Cameron may have no choice but to engineer withdrawal

Therefore, no matter how much headway the idea of closer integration gains in Eurozone capitals from Berlin to Athens, it is still likely to be rejected in London. This will leave Prime Minister David Cameron with only one option – withdrawal from much of the institutional superstructure that the EU has built up over the past decades. It is possible that all Britain will seek to retain is membership in the European Economic Area – the free trade area which non-EU members Iceland and Norway enjoy with the EU.

This would leave Britain free again to pursue its own trade relations. This is where the US has an opportunity. British entry into an expanded North American Free Trade Area could provide huge benefits to all parties involved, including restoring Anglo-Canadian trade relations to their proper level. Therefore, it would be worthwhile for the US House Energy and Commerce Committee to commission a study of the costs and benefits of UK membership in NAFTA.

Finally, once outside the EU, Britain could once again play a major role in the development of the British Commonwealth, which includes many important developing nations. American partnership in these efforts could go a long way to securing important diplomatic and trade benefits for the US.

If the Eurozone continues on its current path, there will be significant costs for the US. But the potential release of America’s most important ally from the straitjacket of European supranationalism could be the silver lining on these gathering clouds.

Here’s what other readers have said. Why not add your thoughts,
or debate this issue live on our message boards.

The comments below have not been moderated.



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Pathetic UK…you are an ant.
You are not the USA, they don’t care about you.
You are further and further from the EU, they don’t care about you.
You are going nowhere…just back to England…

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WE as with the EU need trade from wherever we can get it, if we left the EU they would still need to trade with us for their own benefit. It’s just scare mongering.

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The US will never allow the UK to exit the EU for the reason stated by Boudicca. The only way for a brixit is for the other EU members to evict the UK. Even a UKIP majority government would not result in a brixit because then that party’s reason for existence would disappear and they would make themselves redundant.
There is a lot of talk about rejoining the Commonwealth. Very few of those nations look kindly upon British intentions. Australia and New Zealand in particular remember total abandonment by the UK after 1973.
The future doesn’t look good for UK plc.

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What you don’t seem to appreciate though is that the only reason that we are America’s closest ally in the first place is because we offer a way into the EU. If we leave the US will have absolutely no interest in us at all and our international significance will dwindle even more.

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EU money form the EU bottomless pit will be available to lobby for a yes vote. there will be no money available to lobby for a no vote. The EU propoganda machine will be on full power.

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I don’t think the other Euro countries would allow us to leave!

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The voters would have to get rid of the Coalition Government before any meaningful movement on exiting the EU is achieved. Unfortunately because Cameron and Clegg have gerrymandered Parliament into keeping them in place until May 2015 this is nigh impossible.

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Revamping and revitalising the Commonwealth should have been pursued years ago and is the catalyst needed to restart the World economy.

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Please Santa ,all i want for christmas is to get out of the E.U.

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Staying in the EU means perpetual dept slavery. Let’s get the hell out of dodge.

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