The Euro - an interesting analysis

[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.

[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?

[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.

[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.

[Mich the Tester]

You have to remember that for people who adore the euro anything that puts a positive spin on it is, by definition, interesting.

I have got used to the euro. It’s just there, a fact of life, and I really don’t give a stuff about it, as long as I have enough of them.

[PM-Junkie]

I didn’t really find the analysis ‘interesting’ enough to read more than a few lines. Do you mean ‘interesting’ in the Steve ‘interesting’ Davis sense of the word?

You have to remember that for people who adore the euro anything that puts a positive spin on it is, by definition, interesting.

[Mich the Tester]

I didn’t really find the analysis ‘interesting’ enough to read more than a few lines. Do you mean ‘interesting’ in the Steve ‘interesting’ Davis sense of the word?

[sasguru]

So that article says:

1. The Euro is more stable in a storm
2. its stops the weaker economies devaluing as they'd like to do.

Next you'll be telling us the Pope is a catholic and that bears tulip in the woods.

[PM-Junkie]

Since we import all our fuel....

Huh? When did that start happening then?

[ratewhore]

Makes a nice change from "flying around in Spitfires defending the UK" as quite a few UK commentators like to do.

I don't think we do that anymore...

[NetwkSupport]

Surely the best time to join the Euro would be when the pound is strong?

[DimPrawn]

The weakness of the pound will see us out of this crisis before other economys.

Since we import all our fuel, clothing, hi-tech goods, most of our food, raw materials, can you please explain how having a worthless currency makes us better served to recover?

[BrilloPad]

The weakness of the pound will see us out of this crisis before other economys.

[BlasterBates]

Euro interesting analysis

I think this article outlines nicely the pros and cons of the Euro.

Makes a nice change from "flying around in Spitfires defending the UK" as quite a few UK commentators like to do.