The Euro - an interesting analysis

[Solidec]

Huh? When did that start happening then?

Been happening for ages.

Most North Sea Oil and Gas is sold to Europe as they pay mroe than domestic carriers, and then we import even mroe expensive Oil and gas from Europe/Russia!

It makes no sense whatsoever, but its reality.

And yes while we are a net importer of essential goods, food and fuel, a weak pound will make our recession worse.

[OwlHoot]

Huh? When did that start happening then?

We're no longer self-sufficient in oil or gas, and Labour have pissed away all the North Sea revenues for the last ten years, instead of building nuclear power stations as they should have done (and as the French have done).

edit: Also, the UK has been a net importer of food, even basic foods, since the 1860s.

[PM-Junkie]

We're no longer self-sufficient in oil or gas, and Labour have pissed away all the North Sea revenues for the last ten years, instead of building nuclear power stations as they should have done (and as the French have done).

edit: Also, the UK has been a net importer of food, even basic foods, since the 1860s.

Yes I know - but since when did we start importing ALL our fuel as our suicidal friend claims?

[BlasterBates]

Of course balanced analyses, are always "boring" compared to the sort of junk some posters read, that gives them the impression that small European countries are all itching to leave the Euro. All this does is explain why they aren't.