the euro

[tartan-skirt]

i live in scotland and i dont think we should have to change our curency to the euro.
what does anyone else think?

[FUNKbrs]

to be honest, I think you should change to the euro, that way the larger population base that supports the currency will help stabilize it. It may be an inconvenience now, but so was converting to metrics. I believe both to be improvements.

[tartan-skirt]

anyone esle got a thought on the matter?

[Jonas]

At 5/7/03 11:55 AM, FUNKbrs wrote: to be honest, I think you should change to the euro, that way the larger population base that supports the currency will help stabilize it. It may be an inconvenience now, but so was converting to metrics. I believe both to be improvements.

Ah, but to stack all economies into a single group would cause the whole to falter in times of poor economic growth. Thus a continetal depression instead of a single country. Also the other non-Euro countries(the US) would be forced to try and help. Well, maybe not forced...

[FUNKbrs]

yeah, but if the whole continent goes down, then theres really no help for it, is there? But if only one country falters under the euro, the other euro countries could help take up some of the slack, as it were. Thus the smaller depression wouldnt be so bad.

[tartan-skirt]

why should we have to change our currency just to be the same as the rest of europe? the economy would suffer as well as us.
Changing would confuse everyone, i just dont think its a good idea

[Jonas]

At 5/7/03 12:31 PM, FUNKbrs wrote: yeah, but if the whole continent goes down, then theres really no help for it, is there? But if only one country falters under the euro, the other euro countries could help take up some of the slack, as it were. Thus the smaller depression wouldnt be so bad.

What the hell kind of survival of the fittest elitest attitude is that?!? In no way should a country ever falter if it can be prevented! That's feigning ignorance on our part!

[Tacitacial]

At 5/7/03 11:47 AM, kimi wrote: i live in scotland and i dont think we should have to change our curency to the euro.
what does anyone else think?

Well, all of Europe using 1 type of money might be good for unification, but I don't exactly know what it will mean for the economy.
Anyways, it's your country's choice whether or not to use the Euro.

[Ted-Easton]

I'd support if if Canada was offered the chance to have the euro. Not that it's likely.
At least we could get away from our patheticly weak loonie.

But it's worth 70 cents US for the first time in YEARS!!!!!

[mrpopenfresh]

At 5/7/03 04:50 PM, Ted_Easton wrote: I'd support if if Canada was offered the chance to have the euro. Not that it's likely.
At least we could get away from our patheticly weak loonie.

But it's worth 70 cents US for the first time in YEARS!!!!!

Though it is nice to see the loonie go up, it is also gonna kill our economie. I saw a report on cbc about the repercussions of the strong loonie via americans coming to invest here. A notable example was the one of all the movies being shot in Canada. Because of the loonie higher price, it gets costlier for them. If ever the looniw would (and i would doubt) worth more than the american dollar, we would lose pretty much every american manufactures or things like that to their ouwn country or places like New-Zealand.
Its a double edged-sword

[nitroxide]

i think its kool that so many countries have all changed their currency into the euro but the american dollar will be seen as the all mighty in all countries...my girlfriend just got five dinars from iraq from a soldier friend of hers it has saddam on it you think itll be worth something when the currency changes over there?

[D2Kvirus]

The argument that usually does the rounds (c/o The Sun, mostly) is that "We're British, we're prud, and those bloody French can't have our Pound!!!' Not much of an argument, but it's not like many others have surfaced, or been shoved down our throats.

[Slizor]

why should we have to change our currency just to be the same as the rest of europe? the economy would suffer as well as us.

Staying out would make the economy suffer. Currently, when trading with Europe (which is where the majority of our trade is done) you have to change your money, the differences in the exchange rate can either give you a really good deal...or a really bad deal. Either way it creates uncertainty and business doesn't like uncertainty, thus a lull in trade.

Changing would confuse everyone, i just dont think its a good idea

Yes....because people are that stupid. A pound...a euro...I'm so confused!

[D2Kvirus]

Check the more recent £10 notes. Ever noticed there's this small space on there, which conveniently looks as if you could fit a Euro symbol in there? Blair and the Bank of England obviously had their minds set from Day One.

Great, now we all have to get new keyboards...

[mrpopenfresh]

At 5/8/03 03:01 PM, D2KVirus wrote: Check the more recent £10 notes. Ever noticed there's this small space on there, which conveniently looks as if you could fit a Euro symbol in there? Blair and the Bank of England obviously had their minds set from Day One.

Great, now we all have to get new keyboards...

Not really € (alt+4)

[Raptorman]

I think Britan should stay with the pound, for now. Britan has a long history of steady finantual dealings that has made it's currancy strong and steady. Switching to the euro would tie their fate with those who have a much more shoddy history in such things. Wait for or ten years, see if the euro is indeed "sound as a pound", if so then enjoy the efficiency of one currancy and change over.

One a non realated note, I wish the US would give it up already and go with the metric system.

[D2Kvirus]

At 5/8/03 05:55 PM, mrpopenfresh wrote:

Great, now we all have to get new keyboards...

Not really € (alt+4)

Alt & 2, actually. CONSIDER THE MAC USERS!!!

[JMHX]

Have you seen the newest exchange ratings on the Euro? Four days of gains yesterday.

http://www.washingtonpost.com/wp-dyn/articles/A33251-2003May9.html

[FUNKbrs]

At 5/8/03 03:15 AM, nitroxide wrote: i think its kool that so many countries have all changed their currency into the euro but the american dollar will be seen as the all mighty in all countries...my girlfriend just got five dinars from iraq from a soldier friend of hers it has saddam on it you think itll be worth something when the currency changes over there?

Looks like someone's missed the window of opportunity.

The Dinar hasnt been worth squat since the UN sanctions. However, when Bagdad first had reports of falling, the 500 Dinar was worth $20. Last time I checked, they were going for about $5. They are only worth money to coin collectors though, as the only regime that ever gave monetary value for them is out of power now.

[NSS-SEPP]

At 5/9/03 09:36 AM, JudgeMeHarshX wrote: Have you seen the newest exchange ratings on the Euro? Four days of gains yesterday.

http://www.washingtonpost.com/wp-dyn/articles/A33251-2003May9.html

the high exchange rate of the euro is not good for most of the euro-countries, since they are (mostly) exporting nations and the dollar is used for international trade and not the euro, which simply means that the companies get less euro for the dollars they make on the international market.

aside from that many citizens of the euro-nations dislike the currency, because it was used as an excuse to raise prices.

[mrpopenfresh]

At 5/9/03 08:20 AM, D2KVirus wrote:

At 5/8/03 05:55 PM, mrpopenfresh wrote:

Great, now we all have to get new keyboards...

Not really € (alt+4)

Alt & 2, actually. CONSIDER THE MAC USERS!!!

I AM A MAC USER!

[tartan-skirt]

The euro is basically a currency for europe, so when you travel abroad you dont have to change currency... but what if you dont go on holiday around europe? it isnt needed, the Scottish ecomomy will go down the toilet!
Why should we change from the the metric system just to be like the rest? Tony blair only wants the euro to be in the good books with the other european countries, he doesnt care about what the people want.Tony blair has called it crazy not to join the euro, but has he backed this up? france and holand have started turning against the euro. the amount of people in the uk that are against the euro are rising, showing that tony blair doesnt know what is right for his nation.
yet another problem- the euro would mean higher taxes for UK homeowners, and with the already high prices on homes this would not be a good thing, i wont explain it all just check it out here http://www.telegraph.co.uk/news/main.jhtml;$sessionid$3B1RDW2LCOLAFQFIQMFCF
FOAVCBQYIV0?xml=/news/2002/05/28/neur28.xml

[NEMESiSZ]

Look on the bright side, it makes EU travel much easier for american tourists.

[tartan-skirt]

At 5/10/03 10:22 PM, NEMESiSZ wrote: Look on the bright side, it makes EU travel much easier for american tourists.

but u'd still have to change currency from the dollar, anyway the british people would suffer badly!
does anyone agree with me?

[D2Kvirus]

At 5/10/03 10:22 PM, NEMESiSZ wrote: Look on the bright side, it makes EU travel much easier for american tourists.

Oh God, anything but that!!!

[tartan-skirt]

look, is there anyone trying to but property around areas like london and cant find anything that you can aford? it'll get worse if the euro comes.
plus can you imagine whatll happen if you get pocket money? your parents might cheat you out or forget about the change... hears a euro, thats not even a pound. think of how the change will affect people.
its just not a good idea, trust me