Reply to: The UK must say no.

[DodgyAgent]

If that's the case, leave it. You don't have the mental apparatus to do complexity.

[sasguru]

I am afraid it is not as simple as that

If that's the case, leave it. You don't have the mental apparatus to do complexity.

[DodgyAgent]

If there were no benefits at all, we wouldn't be a member and wouldn't be paying all that money every year. Cameron could get good public support by leaving but doesn't seem very keen so must see a benefit.

I am afraid it is not as simple as that

[sasguru]

The bubble is being deflated from the inside as the pound continues it's year on year slide against major currencies.

Wrong yet again.

Pound rises as UK growth outperforms Eurozone

I feel sorry for your German clients, you must be selling them a crock of tulip.
On the other hand sending our incompetents to undermine German industry is a sign of British genius

[russell]

We're not in the "union" though are we, you utter mupp!

Let the Euro countries bail each other out if they want, but why should we when we never joined the Euro?

Jesus wept

Here before posting on an issue at least have the basic facts straight.

http://en.wikipedia.org/wiki/Europea...#Member_states

[AtW]

The bubble is being deflated from the inside as the pound continues it's year on year slide against major currencies.

It is only relevant to rich people who want to live in London - for most Europeans UK property is totally overvalued even if it dropped 50% from current levels.

[scooterscot]

Germany would have the UK in the euro tomorrow to help with their burden. Luckily for us we aren't going to enter it any time soon, if ever.

It is interesting you think that. Most Germans I speak would now not want the UK with all it's debt to join the euro.

Understand that if the pound crashed proper, and even went below parity, many EU countries would not want to bail out the UK.

[scooterscot]

UK's own currency helped only one thing - maintain residential real estate bubble.

The bubble is being deflated from the inside as the pound continues it's year on year slide against major currencies.

[AtW]

Germany would have the UK in the euro tomorrow to help with their burden.

That's your imagination.

[Doggy Styles]

Agree, we'd be like Greece with our corrupt government cap in hand to the IMF.

Still I think UK will end up joining the euro at some future date. When bond rates start rocketing and QE is no longer, the pound will be parity with the euro, maybe even go below. Watch the pressure grow for joining the euro.

Ironically I think it is growing more and more likely the rest of the EU will not allow the UK to join the euro.

Stop tallking rubbish. You don't know what you are talking about, and your Germany-centric self-delusion is laughable.

Germany would have the UK in the euro tomorrow to help with their burden. Luckily for us we aren't going to enter it any time soon, if ever.

[AtW]

The UK having it's own currency has not helped youth unemployment one iota.

UK's own currency helped only one thing - maintain residential real estate bubble.

[scooterscot]

If we were in the Euro it would be much much worse.

Agree, we'd be like Greece with our corrupt government cap in hand to the IMF.

Still I think UK will end up joining the euro at some future date. When bond rates start rocketing and QE is no longer, the pound will be parity with the euro, maybe even go below. Watch the pressure grow for joining the euro.

Ironically I think it is growing more and more likely the rest of the EU will not allow the UK to join the euro.

[darmstadt]

So if we are up there with Spain and Italy why are we not also "up there" with Nigeria and other corrupt countries?

Because the UK ain't corrupt in that way, in fact the UK is way down on the list and so it should be. There is of course lobbying which some feel is corruption and in fact the institution(s) perceived to be most affected by corruption are in top place, ta da, Political Parties followed closely in second place by Parliament and the Legislature. A very good place to check out this data is transparency.org. Britain comes out at 17/176 countries in the corruption index whereas Italy is down at 76/176 which is pretty damned bad for a 1st world country (the USA is 19/176 and Ireland is 25/176.)

[BrilloPad]

The UK having it's own currency has not helped youth unemployment one iota. In fact many graduates cannot find a job unless they now look abroad.

If we were in the Euro it would be much much worse.

[scooterscot]

So if we are up there with Spain and Italy why are we not also "up there" with Nigeria and other corrupt countries?

Because our officials don't sell their services for less than six figures.