Off-topic chat. May contain offensive language or images.

Should the UK join the Euro?

Yes
4
33%
No
8
67%
By Zenon
#271096
Nearly every European country now adopts the euro as their currency so is it time we did the same? In my view I would rather not.
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By Gaspode_The_Wonder_Dog
#271100
its yet to be proved that it would bring us great advantages.
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By Mermaid
#271114
me, I think it would be great
but then, that's just me ................
no more having to change money at the airport
same (low) interest rate as the rest of Europe
but that's just me (and I'm a very sad financial advisor - feel free!)
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By MK Chris
#271126
Mermaid wrote:no more having to change money at the airport

Isn't that part of going away? It is to me.
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By Fred Mercury
#271131
I hope the Euro comes to Britain sooner rather than later.

This country is going to be a very different place in 10 years time, and the economic strains are going to hurt it badly if we're still isolated from the economic protection the EU currency can afford us brought on by the dominating economies of Asia.

For those who whinge and moan and say that "Britiain has has the pound for hundreds of years and we've been fine". Yeah, we also had a huge empire and controlled half the world's people and natural assets. Now, we're just a little island in the northwest Atlantic where we no longer manufacture or export anything apart from our own delusional arrogance and pathetically outdated 'stiff upper-lip'.

Presently, this country is only as wealthy as it is due to finance and banking. Those are not set-in-stone tangible assets. This country and it's people must realise that Britain isn't actually so Great as she once was.
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By Boboff
#271147
True all true.

The arrogance of belief that some how having money with your queen on is daft. Econmics work based on the system of Barter, money is just a simple way of making the things we barter with standard. In an economy which was local you could all use the same currency, it worked, but it does not now when the "world is getting smaller" we need a system of Barter which is standard across the countries we trade with. The money made by spivs in suits gambling on the xchange is another thing which would ease, as would the need for the Bank of England, and there stupid interst rate rises.

Our economy is totally overvalued in terms of house prices, and wages, and we are heading for a fall, the correction involved with joining the Euro unfortunately would in the short term only add to the over heating of the economy, but those with an eye to the longer term will take the appropriate steps to plan for this.

We should govern and tax locally, but have currency decided on a european wide basis.
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By foot-loose
#271153
boboff wrote:The arrogance of belief that some how having money with your queen on is daft.


I think I got my queen on last night!
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By Yudster
#271165
boboff wrote:We should govern and tax locally, but have currency decided on a european wide basis.


This is likely to be the problem though, isn't it?
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By Gaspode_The_Wonder_Dog
#271171
course it is. 20 years ago people wouldn't have imagined the level of control the EU has over us and so far it is relatively little. If you join the Euro you give up interest rate setting powers (I know the BoE does it now but it judges it on this country not the whole continent) and potentially adopt things which don't fit your country.