This coming Thursday, the United Kingdom (birthplace of The Beatles) has an in-out referendum, voting whether to remain in the European Union or not. Polls suggest that the the country hasn't exactly decided whether it's for or against a British Exit or Brexit.

And while quite a few financial news experts worry about Brexit, not least because the word itself sounds crazy (not for Oliver though, who calls it "a shitty granola bar you might buy at an airport"), in the video above the host of Last Week Tonight tells everyone why they should care about it.

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The UK has always kept the EU ("it's like Gerard Depardieu, an unwieldy body that is a source of great bewilderment") at arm's length. They didn't adopt the Euro and some of their politicians have been openly hostile to the Union with Nigel Farage of the UK Independence Party telling EU President Herman Van Rompuy, "You have the charisma of a damp rag and the appearance of a low grad bank clerk."

The UKIP, which is behind much of the anti-EU propaganda, takes a hardline stance against immigration and has party members who have made statements that are outright racist. There's even a Brexit: The Movie and in an excerpt it states that the EU has 109 laws for pillows alone. Fortunately, digging deeper, Oliver finds that most of that data is poorly researched. Below, is a poster insinuating that UK has reached "breaking point" because of refugees.

Another UK politician Boris Johnson, an MP from the Conservative Party has taken out a bus that is unfortunately filled with untrue data.

Here's Oliver's corrected bus.

On the other hand, US President Barack Obama, India, China and the European Union itself are in support of Britain staying on. Here's an Austrian bureaucrat singing a poem pleading for the UK to stay."Brexit is to put it simply not like an ordinary pimple, you take some cream, you put it on, a few days later it is gone."

Oliver says, "Here's how I feel about the EU. It's a complicated, ambitious, bureaucratic, overbearing, inspirational and consistently irritating institution and Britain would be absolutely crazy to leave it, especially because if it stays it can reap the benefits while still being a total dick about everything and that is the British way"

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And to convince viewers, he brings in a barbershop quartet that insults the EU while at the same time expresses joy at remaining with it.

Here's why the UK joined the EU in the first place.