Britain will come out of this recession before Euroland...

[DodgyAgent]

So your businesses would benefit from euro as single currency, yet you are being against it... kind of proves the point I made above

There is more for me to the Euro than a short term gain to my business.

[AtW]

What I am saying is that not everyone is a sad single loner living in a bedsit.

It's a personal choice (the house I live in has got 4 bedrooms, albeit 1 is very small).

I don't use state benefits (apart from pathetic 25% discount on council tax) to fund my lifestyle, I don't borrow from others, so I think I am entitled to live my life the way I want as my actions do not have adverse effect on others.

I am saying that most people aspire to taking on the responsibility of a family, a relationship with someone, buying a home and maybe starting a proper business that employs people.

Getting a morgage is fine (so long as house valuation is reasonable and terms of morgage too).

Starting a business is acceptable as well (I did that).


What is not acceptable in my view (because in long term it is not sustainable) is to get car loan only because you want posh car now but can't afford it now.

What's definately not acceptable is loading up on credits cards to buy tat and then chase those 0% intro offer cards.

The availability of money to borrow means that people can achieve what they want. It also means that if people are borrowing money then there are people who can save and earn interest by investing.

No - total lie. Availability of short term money to borrow means that people have the illusion that they get what they want. In reality it makes them lose sense of value of money as it's too easily available (without having to earn it), as the result it inflates prices.

[AtW]

There is more for me to the Euro than a short term gain to my business.

If you intend to trade with EU then the gains won't be short term.

As I said above - in my view your opposition to euro is not based on economics, but rather you try to cherry pick some economical arguements that support your desired outcome.

[PM-Junkie]

There is more for me to the Euro than a short term gain to my business.

Do you get the feeling that trying to argue with someone who clearly has an IQ smaller than his shoe size is a little futile? He clearly gets his sad little jolies out of trying to wind people up - I have given up humouring him, you may be a bit happier if you do the same?

Just a thought...

[EternalOptimist]

AtW, out of interest, do you ever get to go out to the pub in the UK ?

the local boozer like ?

[AtW]

AtW, out of interest, do you ever get to go out to the pub in the UK ?

Yes. Last time was on Friday last week.

[sasguru]

That'll keep him quiet for a few hours

I doubt it as he doesn't think, just babbles away with his verbal diarrhea. Luckily I can't see what bollux he's wittering about now.

I think Bootle's most telling point is the fact that if we had the Euro in 1999, the credit explosion (and therefore subsequent bust) would have been even more spectacular with the much lower Euro rates.

As we now have full control of our rates, we don't have to toe the German line.

In an uncertain global economy, being in control and fleet of foot is the best way to survive, even if you make a wrong turning.

I beleive the UK will resume modest growth in the last quarter of 2009, the Eurozone much later - if they can fix the severe problems in Spain, Greece, Portugal and Italy.

[EternalOptimist]

Yes. Last time was on Friday last week.

It's going to the pub that's taught me not to be opinionated. I never fancied hospital food much

[AtW]

It's going to the pub that's taught me not to be opinionated. I never fancied hospital food much

I don't talk about economics in there

[DodgyAgent]

If you intend to trade with EU then the gains won't be short term.

As I said above - in my view your opposition to euro is not based on economics, but rather you try to cherry pick some economical arguements that support your desired outcome.

Not an inch of ground conceded. So vital is it for you to "stand firm" that you resort to making the most ridiculous assertions