Quote:
Originally Posted by OLD BOY
The euro will never work until such time as all the participating countries come together as a new federal Europe.
You can't have different countries pursuing different economic and fiscal policies that impact on a common currency.
The EU is a mish mash bureaucracy that stifles business and innovation. It will ultimately implode and we will be fortunate indeed to have extracated ourselves from all parts of this mad European project.
It could be made to work, of course, but the Eurocrats simply don't have a clue.
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The Euro's been going 20 years and survived the 2007/8 General Financial Crisis so we can't pretend it doesn't work. Despite how illogical it may all seem when viewed from Blighty.