pinkhelmets
Inactive User
The pound has hugely dropped value. This is why we will eventually end up joining but heavily regretting that we didnt join the Euro currency years ago! Many people simply dont understand so say we dont need to join -especially if our economy is doing well with rich people getting richer. To say the Euro economy is in poor state and run badly can only be made if you do not understand why its in far better condition, and why this is bad for us.
The pound is weak and investment in our currency is poor, meaning we pay more for imports and get less for exports. A couple of years back and we would get 1 and a half Euros for 1 uk pound, but now it is not far from 1 for 1 as badbadmick says. Also, the dollar is gaining strength again and you'll no longer get 2 dollars for your uk pound.
I'm not trying to make arguement here, not trying to say the euro solves everything, just pointing out another side and saying there is a fine balance that we rest upon. Admittedly it isnt a 'good' time to join the Euro but the future looks bleak and we missed the boat. It will happen, but the governement will try and lose the pound before it is only worth a few cents, inflation booming and us paying extreme amounts for everything.
The euro in britain will happen imho -vote or no vote. So being a patriot, or saying the Euro is failing or hasnt worked, is like keeping eyes closed so no need to read my comments
The pound is weak and investment in our currency is poor, meaning we pay more for imports and get less for exports. A couple of years back and we would get 1 and a half Euros for 1 uk pound, but now it is not far from 1 for 1 as badbadmick says. Also, the dollar is gaining strength again and you'll no longer get 2 dollars for your uk pound.
I'm not trying to make arguement here, not trying to say the euro solves everything, just pointing out another side and saying there is a fine balance that we rest upon. Admittedly it isnt a 'good' time to join the Euro but the future looks bleak and we missed the boat. It will happen, but the governement will try and lose the pound before it is only worth a few cents, inflation booming and us paying extreme amounts for everything.
The euro in britain will happen imho -vote or no vote. So being a patriot, or saying the Euro is failing or hasnt worked, is like keeping eyes closed so no need to read my comments