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Ash4781
Do you think the UK will join or will be forced to join the Euro in the future ?
cells
QUOTE(Ash4781 @ Mar 25 2007, 08:01 PM) [snapback]588480[/snapback]
Do you think the UK will join or will be forced to join the Euro in the future ?



well if there is ever a public vote i think it would go through!

think of all those poor millions paying 6% interest on their mortgages or more, a switch to euros will see that drop to 3.5%
AvidFan
I think we'll jump in if we need to, to save the currency against the dollar collapse.

Watch Gordo's 5 economic conditions miraculously be met at the first signs of danger.

There's definitely something going on... European central banks have doubled their reserves of pounds and, while still only 4.X% of their totals compared to over 40% in dollars and over 20% in euros, we're a 6th of the size of Europe so in per capita terms they are giving equal rating to our currency compared to the euro.

Currency traders see the pound as a slightly higher-yielding euro, and apparently our exchange rates have more closely tracked the euro than the dollar over the last few years.

I'm not betting on in though - I'm going to be partially out of pounds soon !
Ash4781
QUOTE(AvidFan @ Mar 25 2007, 08:29 PM) [snapback]588499[/snapback]
I think we'll jump in if we need to, to save the currency against the dollar collapse.

Watch Gordo's 5 economic conditions miraculously be met at the first signs of danger.

There's definitely something going on... European central banks have doubled their reserves of pounds and, while still only 4.X% of their totals compared to over 40% in dollars and over 20% in euros, we're a 6th of the size of Europe so in per capita terms they are giving equal rating to our currency compared to the euro.

Currency traders see the pound as a slightly higher-yielding euro, and apparently our exchange rates have more closely tracked the euro than the dollar over the last few years.

I'm not betting on in though - I'm going to be partially out of pounds soon !


Maybe we are in the Euro already ?
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