It would make it much nicer for me to come visit your country, if there wasn't for the hassle with the currencies. The same goes for you in reversal.andyb wrote:Having stayed out of the Euro when most other countries joined, many of us were very happy, as loads of countries had serious financial problems, the majority were sorted out with 12 months, but the value of the Euro has barely changed since its introduction compared to the Â£ and as such there is still no compelling reason to change to the euro.
Maybe, if you want to tie your future to that of the USA.From a purely financial viewpoint it would actually have made more sense to use the US$ instead of the Euro, as we have more financial dealings with the US than the whole of Europe, (but only from a financial standpoint, things change when we talk about goods).
With the loss of your own currency your government would lose the monetary policy tools, but in contrast your financial politics and income politics would become more effective, because I dare to say that Euro is more stable in both value and interest rate then Sterling. Not much freedom lost here. Considering the "freedoms" you get.Using the euro instead of the Â£ would give the UK far less fredom, and would bring our country a step closer to "Euroland" with a central government.
The French rejected the European Constitution...Not a single country in Europe (except France) wants one government (andthe French only want this because they miss Napolean who wasnt French anyway).
Your first two sentences contradict each other. It's more like having state laws and federal laws. But I have to agree European parliament has passed and will pass stupid laws. But having unified laws for trade or for the internet is a good thing.Every government has its own freedom to do whats best for every country. this would be like the US removing the rights of each State, and giving every State the same set of rules, and no self control. Chaos would ensue, and the Americans have a lot of guns
Imagine, if all of the States in USA had different currency...