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The Pound v The Euro
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Pound or Euro
Yes
20%
 20%  [ 1 ]
No
60%
 60%  [ 3 ]
Dont Know
20%
 20%  [ 1 ]
Total Votes : 5

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rosco
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Joined: 15 Jul 2007
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Location: near Calne

PostPosted: Sat May 03, 2008 8:04 am    Post subject: Reply with quote

Geddi wrote:
Norway has one of the strongest economies in the world and is one of very few (possibly alone) in having a positive balance.  It has no intentions of joining the Euro or the EU, but has great trading relations with Europe and beyond.

The Euro was actually written in New York by an American who lived in France and was appalled by all the red tape needed to go through to get anything done or being unable to easily sack staff who worked for him in his rather grand Château.  He set out to smash the European socialist strengths of social contract and unions.  His plan is working.  Let's keep out of it.


Norway is also the country in Europe with the biggest oil revenues - I think that more explains their positive economy than staying out of the Euro.

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Geddi
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Joined: 29 Apr 2008
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PostPosted: Sat May 03, 2008 10:04 pm    Post subject: Reply with quote

Rosco - much as I agree with you in many of your posts, and I am getting an idea that we are like minded over many issues, I can not help thinking that your assumptions are somewhat based on a half arsed attempt at understanding the issue.

Norway has many reasons for being in such a strong economic position, which includes oil revenues.  It is also due to fishing policies (which actually work, unlike the EUs fishing policies, which do not) and other factors.  If Norway were to join the EU, within a few years the advantage they have gained will be gone.  This is a hard cold fact which Norway is more than aware of.
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