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Old 28 January 2009, 02:06 PM
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Ant
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Default Going to the €

I'm not clues up about this so hoping someone could explain.

If we went to the€ when we had the chance would that of made our countries finance worse or better?

Like I said I don't understand it fully so don't shoot me down.
Old 28 January 2009, 02:17 PM
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FlightMan
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Some people, who's past history would suggest they seem to know what they're talking about, reckon the Euro is going down the toilet.

4 countries want out at the moment.
Old 28 January 2009, 02:54 PM
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Ant
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Only reason I thought about it was I had to pay fir something in euros on paypal and the exhanfe rate was roughly 1:1.

I know that has alot to do with £ hardly worth anything now.
Old 28 January 2009, 03:12 PM
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mrtheedge2u2
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The euro, as with any currency, is always depends on the relative economic state of the individual country..... eg Holland is much more suited than Italy. But once you you are centrally governed so such things as devaluing your currency etc is not an option
Old 28 January 2009, 04:39 PM
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warrenm2
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you lose financial independence - you lose political independence - you know the thing we spent a war in the 40s fighting over?!
Old 28 January 2009, 04:41 PM
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Originally Posted by antc
I'm not clues up about this so hoping someone could explain.

If we went to the€ when we had the chance would that of made our countries finance worse or better?

Like I said I don't understand it fully so don't shoot me down.
thats a good question....where would we be now?
Old 28 January 2009, 05:41 PM
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Ant
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Originally Posted by warrenm2
you lose financial independence - you lose political independence - you know the thing we spent a war in the 40s fighting over?!
Thanks but i already knew why we kept it

The financial indepdency has gone or soon will be going at this rate.


and poiltical, anybody thought we was america's 51st state.

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Old 29 January 2009, 12:25 PM
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The further we keep away from the most corrupt organisation going the better!

Les




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