The Euro has already failed ....

[sasguru]

Remind me. Is Franko-Mark the gardener that your wife is doing or is he yours?

That's the problem with you lefties, you have a blind spot whenever one of your pet projects is shown to be less than perfect

[scooterscot]

Even in the eyes of prudence the currency is defined a failure by the inept city dwellers with only the media to tell them of what's happening outside their little domain.

It's becoming so boring.

[Old Greg]

That's the problem with you lefties, you have a blind spot whenever one of your pet projects is shown to be less than perfect

We lefties have always viewed the EEC/EC/EU/Euro as an anti-democratic vehicle for capitalist free marketeers, abetted by reformist treacherous scum.

HTH

[DodgyAgent]

Even in the eyes of prudence the currency is defined a failure by the inept city dwellers with only the media to tell them of what's happening outside their little domain.

It's becoming so boring.

so like every pro euro idiot you resort to the "little englander" (sorry SB also the little scotlander) jibe

pray tell us villagers what is so wonderful about the Euro and how it has so enriched all those countries that have it.
you have not actually made one single argument that supports its existence. In fact the only sensible point supporting the Euro came from one of the sceptics i.e that maybe it should be adopted only by Northern European countries.

[scooterscot]

so like every pro euro idiot you resort to the "little englander"

Not resorting, reporting fact.

The pound is shrinking as is the country with threat of union breakup, through no fault other than our own.

This is not an argument for the euro this is self destruction of a country that thinks colonially rule is fit for the modern world. The euro is wonderful because it offer change from that thinking, which is most refreshing.

[amcdonald]

We maybe not be in the EU but we're still paying to prop it up, £13 billion and rising....

Why we didn't use that £13 billion to pay off some of our deficit rather than give it away ?

[scooterscot]

£13 billion and rising....

Well as long as our population keeps rising we sorted, more people more taxes to pay for it. It's a win win situation.

[sasguru]

Even in the eyes of prudence the currency is defined a failure by the inept city dwellers with only the media to tell them of what's happening outside their little domain.

It's becoming so boring.

Let's try something different. Instead of blathering on like a drunk in less than grammatical English, why don't you explain exactly how and why you think the Euro has benefited or is now benefiting the PIIGS? You may start by explaining whether an interest rate rise is good for them in their current situation.

Try thinking outside your little domain and try to imagine that there are millions of people who don't live in France or Germany.

[scooterscot]

Let's try something different. Instead of blathering on like a drunk in less than grammatical English, why don't you explain exactly how and why you think the Euro has benefited or is now benefiting the PIIGS? You may start by explaining whether an interest rate rise is good for them in their current situation.

Try thinking outside your little domain and try to imagine that there are millions of people who don't live in France or Germany.

Insult aside,


Is this the basis for your whole argument? Weaker, corrupt, small economies shall bring down the single currency?

Prey do tell us you have something more than this. Please tell us your 'The Euro has already failed' is based on more than the hope those economies balancing on the precipice of solvency against some of the most influential and powerful economies of the world, shall pull a hat trick and torpedo their efforts.

Jeez Louise the Londonog armchair financier.

You may start by explaining why deprecating sterling, high UK inflation (which we can do nothing about) and decreasing living standards is a better approach.

[doodab]

Why don't you explain exactly how and why you think the Euro has benefited or is now benefiting the PIIGS?

It's helped them gain a lot of foreign direct investment. A lot of businesses from outside the EU invest, and continue to invest, in Spain, Portugal and other "peripheral" EU countries. Around 40% of Chinese direct investment in the EU is made in the PIIGS countries for example.