Quote:
Originally posted by Trev@Jul 18 2003, 05:40 AM
Personally I'm against the Euro because I'm a very loyalist kind of person, the Queens (or our future Kings) head should be on every thing I spend, well here at home any way...
Pound = British, fish and chips, roast beef dinners, Yorkshire puddings...
Euro = NOT BRITISH, German, Swiss, Spanish, Italian and worst of all FRENCH
I do know that most of the opposition to the Euro gets huge backing from some private sector companies but I have no clue who they are...
I also know in the back of my mind that being in the Euro would bring the UK back to being a competitive nation, as the price we pay for Sterling being so high in the exchange is most companies have turned to countries such as Hungary and Bulgaria for their purchasing and development.
Would any American here support any plans to remove the Dollar?
I don't think so
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i think its a pretty big leap to take for one of the worlds financial centers. its not doing the rest of Europe much good. first it lost 40% of its value... then strengthened to become stronger than the dollar and crippled exports to the US.
i think it will be ok. its a tough call to leap off that bridge ... not knowing how far you will fall. thats a lot of investors to spook. i believe in the future of the Euro because of its necessity for cross border European trade. i have more faith in the future of the Euro than i do the EU.