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Originally posted by thoughtsfull
reply to post by multichild
Personally I take this as something that suits both sides of the Channel.. the UK maintains it's financial center and Europe uses it's new off shore banking facilityedit on 9/12/11 by thoughtsfull because: (no reason given)
“People are starting to realize that what has been announced has already been relatively well-known,” said Charles St-Arnaud, a foreign-exchange strategist at Nomura Holdings Inc. in New York. “The issue that we have is that every single country in the euro zone has to approve the rules and you’re already starting to hear countries not keen to lose sovereignty like that.”
Originally posted by Essan
reply to post by multichild
As I understand it, this result is not good for Britain. But to have signed up would have been even worse.
Just like Germany declaring war on Britain was not good, but for Britain to have sided with Hitler would have been even worse
Cameron was deliberately put in a lose lose situation but the Franco-German Pact. But we held out against them twice before and we will again.
Originally posted by Maxmars
I suppose if those 26 countries are OK with the Euro Central bank monopolizing their monetary policies, making profits over the disparities between economies, and otherwise forcing their globalist agenda on the planet... then go for it.
I still think that national sovereignty is the only thing keeping fascism and oligarchy from entrenching itself permanently in human affairs.... yeah, without it some thing could improve.... but I bet you they won't... not even for a short while.
Also, just int he way of a pssing guess.... the EU in it's entirety will now be treated to "austerity" because of others..... but this time it will be legislated austerity... and once initiated.. it will NEVER end.
Originally posted by marg6043
reply to post by flexy123
Sadly while it "looks" like a big win is nothing but more countries that are up to their neck in debt and joining more in debt nations trying to find suckers to bail their governments out.
The UK will never render their sovereignty to the EU dictatorship, they have their own currency, why give away the only way that your country can prosper economically?, when you have you own currency you can devalued it and increased it to suit the financial and economical needs of your nation.
when is a monopoly of one currency, only the countries with the power of printing like Germany and France are the ones manipulating the other nations economies.
The EU is a failing experiment that is going to bring down the entire global markets when it hits its final expiration.
Then who is going to bailout the in debt countries that are now under the EU?
Right now the EU is begging from help from countries like China and the US (IMF) to keep their debt going, that is how desperate the situation is.
Originally posted by Flavian
Originally posted by trustnothing
yep within 10 years well buy them up for pennies and theyll all be in the pound, course they may all destroy each other in a war before then
Looking forward to this. Fancy a pad on the Riviera (not fussed as long as its not the english one!), somewhere near Frankfurt and a chalet in the alps for £20.