The Brexit....

There is not a big deal about the Brexit for me, watching it from Brazil: will Britain exit or remain in the EU? These are internal issues that matter to the world, of course, but the decision is only upon the EU members. How would I verse about the decisions to be taken right here from South America?

Being apart from the EU, Britain won't be able to use the Euro anymore, I imagine. This would generate major disassociation in the market and exchange, trade, globalizaion as a whole. Immigration would also suffer. But mostly, as I understand from the news I get from Brazil, the major problem would really be -1st: The UK to become a ruler over the other countries that will remain in the EU (due to influence of the Parliament in the decisions of the Conglomerate, rulling would happen because it is impossible to stop making agreements with the other countries, they would "just" be independant, but not dettached. Although, whereas independant and still influencing, there is a possibility for them to become even more powerful, once they would be caring for their interests only - just like the USA towards the world. And for the USA this is not very agreeable, I believe) and 2nd: other countries of the EU deciding to exit the Conglomerate in a cascade effect. This case is very delicate because in case it does happen it would be necessary to verify all the reasons why the EU was input in the first place.

I remember, in the very beginning, many European countries rejected the EURO< claiming it would ruin their culture of their own currency that had a history in their land. Nowadays the Euro is a powerful currency and I can't see how the transition into the stock market would be done for the cessation of it. For example:

"In Brazil, we had a problem with the previous currency, the Cruzeiro, due to inflation. So our Government at that time created a plan in 1993 to introduce a new currency. But, for this new currency to have value within the country and subsequently in the stocks, it was necessary a transition: this transition was a parallel currency called URV https://en.wikipedia.org/wiki/Unidade_Real_de_Valor"

Even though the currencies still have a particular value in their own country, I wonder (I am not a specialist in Economy, as you may observe): will the cessation of the Euro (in case more countries exit from the EU) have impact at the stocks, specially on each one of these countries' economy? Will the Brexit's from Euro have an impact in the world's stocks? And how is it possible to Eurain = Euro remain in all Europe regardless of which countries are participating in the commercial/political negotiations of EU? In this case, it is necessary to create new protocols/rules on how this currency would be applied for the countries which don't participate within the negotiations, there is, unified economy but splitted commercial/political/etc decisions.

Wishing you all best, there's more for the world to be sound.....

Luv,

Thais Fernanda Ortiz de Moraes (Sushamana Tara Thai)