London is a huge center of finance and it will be hugely impacted o Scotland is going to secede!!!! o Scotland had an independence referendum that barely didn’t pass o England voted to leave the EU o London voted to stay in the EU o Wales voted to leave the EU o Scotland voted by a large margin voted to stay in the EU o Northern Ireland also voted to stay in the EU o The UK is going to be truly independent o Other totally independent states: Cuba and North Korea Why this is not that big of a deal o Donald Tusk said if the UK exited from the EU it would be the crash of western civilization as a whole o Great Britain is not part of the Schengen Zone, which is the free movement of people zone o 22/28 are part of the Schengen Zone, you don’t have to show your passport to move across Europe o Great Britain was never part of the Euro Zone, even though you could still use Euros there o Great Britain has been producing its own currency!! o Great Britain was not part of the original EU, they joined in 1973 and stayed at arm’s length o There is a great fear that this will fuel other countries desire to flee the EU and eventually the EU will collapse o Boyer thinks this will probably not happen o He thinks the EU will actually improve o Great Britain could always ask to go back into the EU!!
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- Fall '08
- European Union