[Angus]

So all that money that's been poured into propping up the Euro, including the millions pledged by Alastair Darling when he had technically just been kicked out of office, have had the opposite effect, and resulted in a run on the markets. Wow, all that money down the drain.

[arista]

Originally Posted by angus58

So all that money that's been poured into propping up the Euro, including the millions pledged by Alastair Darling when he had technically just been kicked out of office, have had the opposite effect, and resulted in a run on the markets. Wow, all that money down the drain.

Yes more proof that New Labour
are/were
out of touch.

[arista]

http://www.independent.co.uk/news/bu...y-1979947.html

Hamish McRae: A future without the euro is a distinct possibility.





One thing any nation can do in Europe fast
is Ditch the €uro and transfer to the Dollar.
America will not mind
and it means they will have freedom to trade without German
Finger pointing.

Then watch the €uro go down the plugg hole
without being stuck to it.


The whole point of Europe is to be United
now Greece is pulling them all under
they are not United.

[Angus]

At least Cameron has told them straight - we are not going to shore up the Euro with British money - it would just be throwing good money after bad.

[arista]

Originally Posted by angus58

At least Cameron has told them straight - we are not going to shore up the Euro with British money - it would just be throwing good money after bad.

Bang On Right.

We have enough Problems after New Labour
over spent our money.

[Shasown]

Originally Posted by angus58

At least Cameron has told them straight - we are not going to shore up the Euro with British money - it would just be throwing good money after bad.

If only.


Thing is we pay into Europe on a yearly basis, if the European Union needs to borrow money to shore up its flawed currency unit, they borrow against our future payments.

Its not quite as simple as them being on the lookout for a sub till the next pay day.

Plus any fiscal measures Europe adopts to shore up the Euro will have a knock on effect on the day to day running of Europe and consequently onto us.