What Is The Brexit? And Why It Should Matter To You

What Is The Brexit
Source: Touch Financial

The word Brexit is a portmanteau of “Britain” and “Exit.” A landmark vote will decide whether or not Britain will leave the European Union on Thursday, June 23.

The referendum is a vote in which British, Irish and Commonwealth citizens of voting age are asked the question: “Should the United Kingdom remain a member of the European Union or leave the European Union?”

A simple “Yes” or “No” answer to the question could change Britain forever.

The “Leave” campaign was blasting “The Great Escape” from the Westminster Bridge, boats with flags “Vote to Leave,” sailed by the British Parliament and violence has even erupted against the members of Parliament who support staying in the European Union.

Pro-Brexit¬†advocates believe that leaving the European Union is necessary to protect and restore the country’s identity while “Remain” supporters are thinking about the British Economy and migration issues.

The debate for leaving ultimately boils down to the economic policies and regulations that Britain has been struggling with over the past few years. Many British citizens believe that their British culture is under threat, and its autonomy has been stripped away to abide by the European Union’s rules and regulations.

The British public in the latest opinion polls is split between leaving the European Union. Whether or not the UK is better off in or out of the EU is a question left up for Thursday.

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