Originally posted by l neXus l
i know this may be a stupid question, by why don't they just go to the Euro?
We (the UK) wont join the Euro because of 2 main reasons...
1. The majority dont want it to happen
2. The EU would have control over our finances.
Elaborating further on the second point, the value of the GBP would drop far too much because of the value of the Euro. It wouldnt be in the best
interests of the UK or a highly developed, stable-ish country to join another currency, other countries have regretted it, Italy, Spain, Ireland etc.
The cost of living in those countries has skyrocketted over the past few years and their taxes have increased and their decision making abilities have
been limited to basic decisions with the larger decisions being pushed around the desks of Brussles...
If it goes to a vote in the UK, i will definately not be for it...
Howevere, i do believe we will eventually join it through no choice of the people. I see it hapening already, the new notes being printed already
strongly resemble the Euro notes, almost like they are getting us subconciously used to the Euro...