Re: Re: Should the UK join the Eurozone?

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Anonymous
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@rt21 wrote:

Rocker

I always have the greatest respect for your posts but I cannot believe that you are asking this question at this moment in time nor that you are undecided on the matter.

After seeing all the fault lines and misery that the eurozone has imposed on various countries, I would have thought that even the most ardent of eurozone supporters would be lying low now.

I am a big supporter of the European Union, but the creation of the eurozone is purely a political rather than an economic concept and that is why it is in a mess.

When the political elite of member countries shy away from full consultation with their electorates over treaty changes and technocratic governments supplant democratic ones, you know that something has gone horribly wrong with the european dream.

Richard

Thank you for the compliment and I wholeheartedly agree with your post. The UK is between a rock and a hard place. We’re printing money as is the US, but it’s not helping, we’re sinking deeper into debt.

The ECB is still refusing to join us in cranking up the Euro presses, probably bowing to pressure from Germany, the elephant in the room.

Something has gone horribly wrong, as you pointed out with Italy’s crazy ‘government’, but if the UK joined the party it might spook the markets to behave.

Britain, Germany and France, all on the same side, would be a formidable world force against the ‘enemy’ from the east.