With less than two months to go for the referendum to decide the fate of Britain's position in the European Union, "Brexit" talks are splashed across all media outlets to the point of tiring out readers/viewers. It's all Greek to the less knowledgeable of world political and economic affairs and for those who have been initiated into economics, it makes some sense, although the full implication of it is tough to fathom, given its far reaching implications for the continent.

Promises are for keeps, and Britons may just be deliberating on breaking a major promise they made long back to be part of a union that was meant to foster regional economic and political co-operation. What prompted them to consider reneging on the promise? Are they justified in doing so? What will be the fallout of "Brexit" and how it will affect the rest of Europe? Read on to know more about the raging issue...

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