Today's topic is a bit of a different pace. However, I wanted to research it because I knew it had a much bigger impact than it may seem to. For those of you who don't know, the Brexit is a recent decision by the United Kingdom(UK) to leave the European Union(EU). Our acquaintances over the pond decided they wanted to be free of their current arrangement with their neighbors.
It's not unlike when you join a club at school because they always end up ordering pizza and sharing. Except one day you realize that, although the group was nice, you weren't really into what they did, so you leave. If only there was a way to keep getting free pizza. That's a bit of a stretch I know, but the basic principal is that the UK no longer agreed with what the EU meant for them as a country.
I can understand how they might feel. The EU was established during a time where the best bet for rebuilding after a long and terrible war was to band together and let economies intertwine. Even with all of these benefits though, one can't ignore when people genuinely feel like it's best for them to leave. On the other hand, leaving does mean a lot of serious implications. Not just for the UK, but the entire world.
Does this mean that all will end poorly for us? No, not really. In fact, one could say that this is a perfect opportunity to study how this kind of move impacts the world in a digital age. A lot more is capable of being coordinated when you can exchange information more easily. While the economy will still take a major hit, and establishing trade with countries you basically just told to shove it is going to be very difficult.Read More