Euro is political not economic (The Euro)

Member Name: thong

Product:	The Euro
Date:	08/01/02 (64 review reads)
Rating:

Advantages: political harmony

Disadvantages: exchange rate problems

Ok let us get this striaght right off the bat the euro provides absolutely no any economic benifit at all no matter what any economist might tell. the actual financial introduction in 99 was different then the setting of intrests rates actually amounted to something because of the linking of the economy the fact remains that since that event things are still reletivly stable.

The introduction of the euro whatever you have been told to any other effect was primarly about creating a stronger union within the eu and a movement towards the creation of an Eu nation state as such it does not make economic sense it doesn't have to because it has nothing to do with the economy. However along the lines of greater european integration and harmony the euro is but one step towards the eventual founding of an EU nation state. This is a good thing howevver we in britain and the rest of the world already have an alternative currency the US dollar this is due to what Stalin labeled as dollar imperialism the important thing for us to do is to break free of the leash of the USA and stand with our european breathern if the euro can do this then i am all for it

Summary: