Farrowlesparrow
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- Joined
- May 24, 2003
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So. What do you fine people think about the euro, in particular though, do you think that the UK should enter into it?
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Originally posted by Abom|nation
No, we need to keep our stubborn traits and keep the sterling!
Originally posted by |MaTT|
I dont think the UK should... Our economy is far too strong to join in with the big economic gamble that is the Euro currency.
Heres some facts about the UK's economy:-Joining the euro would surrender control of our interest rates to the EU which would ultimatley threaten our position as by far the strongest economy in europe regardless of what currency we have.
- has a population of 58.8 million (Census 2001);
- has a GDP of US$1.429 billion (EIU) at current prices
- is the second largest recipient of foreign direct investment (‘FDI’) in the world (UNCTAD, September 2002) and is forecast to maintain this position until at least 2006 (EIU)
- is the largest recipient of FDI compared to its major competitors (in relation to the size of its economy)
- is the world’s fifth largest exporter of goods and second largest exporter of services (WTO)
- exported more per head than either the US or Japan in 2001
- has low unemployment, with rates below the EU and OECD averages
- is one of the most attractive and profitable locations in Europe for investors thanks to its historically low tax environment
- has the best city in which to do business (Healey & Baker’s European Cities Monitor, October 2002)
- Unemployment in the UK remains at historically low levels. Long-term unemployment has fallen by 75% since 1997, while youth unemployment is down by 80%. The Office for National Statistics survey data for the three months ending February 2003 show unemployment fell by 22,000 to 1.49 million. The unemployment rate fell from 5.2% to 5.1%. The UK’s unemployment rate is well below the EU and OECD averages of 8.6% and 6.9% respectively.
The euro is a good idea in principle as it would encourage trade between all the member states to encourage growth but the fact is its slowly failing. Unemployment within the euro zone is currently at sky high levels (5.5 Million in Germany - population 81 million) whilst the UK is currently enjoying its lowest unemployment levels in decades...
:bounce:
Originally posted by DarkelP
I'm not that bothered on euro....but isnt the euro more expensive then sterlin? I could be wrong on that one....
I wonder what currency City 17 uses..... lol
Originally posted by Chris_D
Pound sterling. Why? Because it's set in the future and clearly I'm going to acheive world domination and make everything British.
You'll all be saying "Bloody hell mate, it's about time for a cuppa tea aint it? You facking slag. Cheers!" in no time.
Vikings where already cold, wet and generally miserable, maybe that was the reason they succeded?Originally posted by Farrowlesparrow
When will you learn. Invading Britain ultimately leaves you cold, wet and generally miserable. Even if you get past the beaches, we will fight you in the towns, on the streets etc etc....
Don't you see what will happen? You will land, but then get trampled by the retreating French.