Comments on: If the Euro sinks, the UK will be pulled down with it

By: K. Marriott

K. Marriott — Wed, 26 Oct 2011 18:18:06 +0000

The myth that the UK needs the Euro to succeed is being perpetrated by all the Euro Enthusiasts, on both the left and the right. (Osborne for one – never thought I’d see Mary Honeyball and the Tory Chancellor in agreement! ). It is simply not a credible argument.
If the Euro collapsed, the nations currently under it’s yoke would simply return to their own national currencies, and would continue to trade with us as they did before. We operate a trading deficit with Europe, so why would they want to stop trading with us?
All it would mean is that the countries who should NEVER have been allowed to join will now have to fend for themselves and pay off their ridiculuous debt, which they have run up through profligate spending and financial irresponsibility.
The Euro failing DOES not mean the end of UK trade with the countries that make up the Eurozone, and it is disingenious to suggest that it does.
Of course, it won’t be ALLOWED to fail – the political elites (of both left, right and centre) have too much invested in the Gravy Train that is Brussells to ever allow that to happen.

By: Martin

Martin — Wed, 26 Oct 2011 10:53:12 +0000

I found it objectionable that people who are sceptical about the Euro are labelled as ‘gloating’… a very sad, questionable and unhelpful argumentum ad hominem – and red herring… the fact is that the Euro is not a soundly based concept, and the question is not whether it might sink, but how it might sink.

By: Boudicca

Boudicca — Wed, 26 Oct 2011 09:39:29 +0000

So how do Norway and Switzerland ‘go it alone’ and prosper. How do all the other countries around the world ‘go it alone’ without being in political union with the EU?

The British people are quite happy to have a Trade relationship with the EU – EFTA would do – but that doesn’t mean we have to be subject to the political ‘superstate building’ aspects of the EU.

Can’t go it alone – we are the 6th largest economy in the world! We should be trading golobally – not sinking ourselves into the inward, protectionist, bankrupt EU.