Beach Hut
Brighton Bhuna Boy
The Euro currency is coming up to its 10th anniversary so should the UK now join.
Personally I am in favour but you decide...............
Personally I am in favour but you decide...............
Should The UK Now Convert To The Euro ?
- Thread starter Beach Hut
- Start date
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Wexford Gull
Member
No no no
Don Quixote
Well-known member
- Nov 4, 2008
- 8,362
Ye we have to, may be the end of our economy if we don't.
Gully
Monkey in a seagull suit.
Now would not be the time to adopt the Euro, if indeed we do, the rate would ensure that imports would cost us dearly...but on the upside, it would make anything produced by this country and absolute bargain when exported, pity that our manufacturing industry isn't what it once was.
Lord Bracknell
On fire
As you know, Beachy, when it comes to all the great political issues of the day, I am in COMPLETE AGREEMENT with you.Looks like I am in a minority then
Southwick_Seagull
Well-known member
- Oct 8, 2008
- 2,035
No thank you
I'm up for it. Makes perfect sense to me.
Paxton Dazo
Up The Spurs.
- Mar 11, 2007
- 9,719
I think if we converted to the Euro, pints would go up to 5 Euros straight away. Which was bad, things will generally be round UP, not down.
Pound is fine for me, thank you.
Pound is fine for me, thank you.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,018
nope. it leave key economic and political decision in the hands of unelected representitives in a distant (cultrally) land. as much as i think our current govenrment is f***ing things up , at least its our governments desicions, and we can change them - if in the euro we'd be dependant on what was hapening in greece, spain, gernamy and dozen plus other countries. most of them are f***ed due to the currnet economic crisis anyway (who buys fancy German kit?) at least we have some power to control our own destiny
We are paying obscene amounts of money and getting very little in return. We are losing the ability and right to make decisions for our own Country. What sounds like an interesting idea in theory has in fact turned out to be a monstrously inefficient bureaucratic disaster. Our laws, our economy, our structure and our stability have been lost. The USE has been born, and it is one f***ing ugly child.
Mr Burns
New member
No. The Euro is finished.
They'll be major countries coming out of it before we ever go into it,
They'll be major countries coming out of it before we ever go into it,
BensGrandad
New member
Not if everything becomes as expensive as it is in Ireland.
Man of Harveys
Well-known member
Yes
brightonlass2009
Sports sports sports!
nope, definitely not. But it is unlikely that the EU would allow us to join, or would like us to join. Our currency and monetary values atm is unstable, allowing us to join would meant the downward spiral of our euro.
Trufflehound
Re-enfranchised
Yes, but not at the current exchange rate. It's too skewed at the moment.
I've been saying for 10 years that 1=1.40 is the "right" rate and I've never seen a good reason to alter my opinion.
I've been saying for 10 years that 1=1.40 is the "right" rate and I've never seen a good reason to alter my opinion.
I've long been in favour of joining: I think the world is going to coalesce around perhaps half a dozen major currencies in time and it's inevitable that we'll join the Euro eventually - why not get it over with? We saw what happened in 1992 when the financial sharks saw a weakness in sterling.
I accept the arguments that the EU trading area is a vast one, encompassing a wide array of different performing economy and that a single currency does leave little room for scope. But in the UK, we've tend to use interest rate as a single blunt instrument, something that has caused problems when the government wants to dampen down house price inflation but doesn't want to harm business. If the present financial crisis has taught us anything, it's that we need some greater financial sophistication in the way that we handle the economy and that one-size-fits-all solutions aren't the way forward.
In a similar way, I think that some thought will be given to the way that different economies -including the UK - within the Eurozone could be handled. And I'm sure such discussions are going on right now.
My guess is that we'll have joined the Euro by 2020: i honestly can't see another way forward.
I accept the arguments that the EU trading area is a vast one, encompassing a wide array of different performing economy and that a single currency does leave little room for scope. But in the UK, we've tend to use interest rate as a single blunt instrument, something that has caused problems when the government wants to dampen down house price inflation but doesn't want to harm business. If the present financial crisis has taught us anything, it's that we need some greater financial sophistication in the way that we handle the economy and that one-size-fits-all solutions aren't the way forward.
In a similar way, I think that some thought will be given to the way that different economies -including the UK - within the Eurozone could be handled. And I'm sure such discussions are going on right now.
My guess is that we'll have joined the Euro by 2020: i honestly can't see another way forward.