Most Iraqis say future looks brighter

[EagleSmack]

Re: RE: Most Iraqis say futur

What you aren't mentioning is that Britain is split on the issue because there are very definite advantages to being part of the EU. The British boom could end very quickly if they pulled out.

The stability of the Euro is based on it being backed by gold and the diversity of economic input it enjoys from all across Europe. The stability of the US dollar is dependent on it remaining the world's oil currency (in question); political conflict with China not leading to them dropping the US dollar like a rock (in question); European and Asian creditors not getting much more nervous (in question); and George Bush being able to cut the deficit, the debt, and the trade deficit all while creating jobs (doubtful).

But the distribution of wealth is not keeping with parity in the EU. That is what England is upset about. Perhaps what you say is correct, the EU MAY have something to do wiht it. But it makes no difference because they are seeing their profits squandered by EU Leaders intent on bringing more EUROS into their countries.

Shaky indeed.

 

[mrmom2]

Gold does not go bankrupt fiat currency does and has all through history. All its going to take is for one small country like Venezuela to start dumping there US treasurey notes and the rest of the world will follow, trying to get as much as they can.Its not if but when

 

[EagleSmack]

An Asteroid WILL strike the earth wiping out all known life forms.

It's not "if", it's when.

 

[Reverend Blair]

RE: Most Iraqis say futur

:roll:

 

[EagleSmack]

Re: RE: Most Iraqis say futur

:roll:

That is exactly what I thought too Rev... thanks for the backing.

 

[Reverend Blair]

RE: Most Iraqis say futur

So you realized that you didn;t have a clue what you were talking about then, Eaglesmack?

 

[no1important]

Re: RE: Most Iraqis say futur

They've been trying to form a wroking coalition since the election results were in. The Euro is more stable than the US dollar and has fewer liabilities against it.

Facts, EagleSmack...remember them?

It is in better shape at this moment... but boy, things look very shaky. It is sort of like the ".com" boom. A lot of people in England want to bail as they are not enjoying the fruits of their hard work.

England does not use the Euro even though they are in the EU.

 

[EagleSmack]

Re: RE: Most Iraqis say futur

They've been trying to form a wroking coalition since the election results were in. The Euro is more stable than the US dollar and has fewer liabilities against it.

Facts, EagleSmack...remember them?

It is in better shape at this moment... but boy, things look very shaky. It is sort of like the ".com" boom. A lot of people in England want to bail as they are not enjoying the fruits of their hard work.

England does not use the Euro even though they are in the EU.

OK... I did not know that. Interesting. So basically lots of British Pounds are heading to the EU in Brussells? Money that the British earned and toiled over?

Once they shakedown the British is the money then converted to Euros?

 

[Reverend Blair]

RE: Most Iraqis say futur

That's true, No1important. They are nonetheless affected by its stability though.

 

[no1important]

RE: Most Iraqis say futur

Yes you are right it is.

Do you think Britain(or the EU) would be better off if Britain switched to the Euro? or does it make any diference? Would it make the Euro more stable?

 

[Reverend Blair]

RE: Most Iraqis say futur

I think in the long run they would be better off. It would give them more influence in the EU even while it helps to stabilize the EU economy. I don't think it will be politically possible for a while though.

Once the British economy cools down, I think they'll make the jump.