The Tories may not be able to have the EU referendum cake and eat it. Referendum on fundamental matters are imperfect democratic instruments, because public opinion may swing, in a moment of volatility, and sometimes for unconnected reasons, toward irrevocable decisions that few will be glad were taken.
The probability is that the vote will be to stay in. If this gamble should fail, the damage to Britain, to Europe and to the wider Western alliance could be very great. British exit will be followed by a renewed push for independence by Scotland.
The Tories intervention in Libya has left that country devastated. Mr Cameron was also voted down on his proposals for air strikes against Syria. The growth of extremism in the Middle East, worsening relations with Russia, difficulties with China show that the world has become intolerably complicated and costly.
US has repeatedly warned UK against leaving EU. France and UK are currently working on joint defence projects that could be put in jeopardy. UK would be pleading foreign firms to stay here.
Even though EU consists of 28 countries with 500 million population. 75% of this population is in only 7 countries. If we leave the EU, a tariff will introduced. The remaining 6 rich countries could increase their import/export trade between themselves and leave UK in the cold.
Nagindas Khajuria
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