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To: MadIvan
Sorry but your argumentation does not fit to the topic.

The simple fact is that in a system as the EU with a single market, common economic laws ( and that´s the reality we live in) a single currency is a natural and positive development and the arguments are clear and the examples are easy to find.

You can have the opinion that the UK should leave the EU or that the EU is a "bad" thing in general because as a british nationalist you prefer to remain sovereign and completely independent but that´s a different topic and discussion.

The UK has every right to leave the EU for whatever reason but you will not find a supreme economic argument about the euro within the structure of the EU because in the end there is more to gain than to loose and that´s the reason no country will leave the euro.
46 posted on 12/13/2006 6:16:18 AM PST by stefan10
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To: stefan10
a single currency is a natural and positive development and the arguments are clear and the examples are easy to find

This is why people want to choke Eurocrats - you just say things like this without providing any actual evidence, and act completely snobbishly, "Of course, daaahling, it's perfectly evident to us nooorrmmaaal people". Christ, it makes me want to throw a Molotov Cocktail through the EU Headquarters and laugh while it burns to the ground.

France and Italy have severe structural problems thanks to the Euro. Both their competitiveness and their employment have suffered. Germany needs higher interest rates, but the ECB can't hike them because of France and Italy - I repeat, one size fits all monetary policy is NOT delivering the goods. But then you come along and arrogantly deny all of this and just say "it's natural" that it should work. What the hell planet are you living on? What kind of drugs do you have to take to fly in the face of empirical experience like this, and not expect to get smacked in the face for it?

This is not some theoretical exercise - genuine working people suffer because of people like you going off some theoretical flight of fancy. Why don't you shut the hell up and listen to the people of France and Holland, who told people like you to stuff it when it came to further European integration. A Europe of diversity, where government, politics, and economic policy reflects the needs of individual nations is what will work - not the binding straightjacket where everyone has to be the same.

Ivan

60 posted on 12/13/2006 8:04:20 AM PST by MadIvan (I aim to misbehave.)
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