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Thor
Joe Mushroom

Registered: Feb 2001
Location: Calgary or Iceland.....
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| quote: | Originally posted by Dj O'Callaghan
I live in the UK so I'm not affected by it well not yet...
I know if it works for the rest of europe, our government here will join and try and put it into to use, and I have a feeling that will happen in the near future.
But my view on it personally I don't like it in the slightest, as I've said before having your own currency is like having a flag, you lose that you lose your identity in a fiancial way. Its a pity in a way because its history being destroyed in front our eyes.
Then theres the confusion of working the prices out for things how do people know their getting ripped off? I know I'd be pretty pissed if I had to replan my fianances having to work everything out for square 1 again.
whats next are they going to make everyone speak the same language?
I'm against it I don't dislike any other european countries I'm not xenophobic in anyway, and I like being a European but at the end of the day everyone needs to keep their individuality and that means having their own currency and not people standing by their shopping scratching their heads trying to work out weather they've been ripped off or not. |
Your individuality is hopefully not determined by a piece of paper 
The Euro will greatly benefit all nations, because basicly in lamens terms you take your previous currency (whatever country) and make it part of a multi country currency that has WAY more power.
That means you in your lifetime will make more money, have better purchasing power, and most importantly it will positively effect your economy making things a little bit better for everyone involved.
The eventuality of Danmark, and The UK joining will also make the future of this currency very very strong.
The USA and its financial experts are in 100% support of this currency and believe me its hard to find a top economist who doesn't think this is a great idea.
Remove your patriotic feelings and think of the benefits.. If you look at this objectively you can't help but see what this means for Europe and its future.
Divided we fall, united we conquer... or something like that 
| quote: | | But my view on it personally I don't like it in the slightest, as I've said before having your own currency is like having a flag, you lose that you lose your identity in a fiancial way. Its a pity in a way because its history being destroyed in front our eyes. |
Sorry but thats sensationalism, history has one thing that is constant change... If the identity of your country is a piece of exchange (currency) then I'm afraid your country doesn't have an identity. The Euro's policies et al is decided by everyone involved, yes you no longer have less of a say in the fiscal matters, BUT you do have a say nonetheless...
History being destroyed? I don't know what to say to that, except do you fear change or the future? I mean obviously things won't always be the same, its logical in an economical sense that more 'common' currencies will occur in the future, and it wouldn't be strange if in another few hundred years that we have a world wide common currency.
There are even people in Canada (economisists, buisness leaders) that have been suggesting Canada adopt the US dollar to improve our countries financial power...
New ideas always sound scary at first, most humans first reaction to change is a bad one. Its instinct I think to fear the unknown, so I understand why people react this way..
Don't forget that the world is becoming very globalized, especially in business. A common currency makes sense as buisness becomes more important between nations. An isolationist attitude only serves to hurt the country which refuses to accept the inevitable. Would you rather your country be the last to join the Euro and thus the last to benefit because you like seeing the queen on your bills 
Remember isolationist thinking by the USA in the late 20's caused the world wide Great Depression. Since then open trade has become more common and tariffs/quotas have been declining dramaticly. The trend in world business is encouraging more foreign trade, and the world is seeing many regional free trade agreements between countries.
But please look at the benefits and especially the future benefits a common currency can mean to Europe.
___________________
Administrator of the Shroomery
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Jan-04-2002 06:08
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PhaseFour
Big Bad Bald Asian Guy

Registered: Apr 2001
Location: Sacramento and/or UC Davis, California
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lol again, i hope i hope i dont get flamed for what i say
dj callaghan makes a great point aboiut the cultural individuality issue w/ the euro, and i do agree with him.
but this is my primary concern (im trying to elaborate on a point i made above). you guys all know about whats going on in argentina, i hope. a major cause of their current crisis is their pegging of their currency (peso, i think? lol my spanish teachers gonna kill me) against the US dollar. it made a rock stable currency, of course. however, when japan and all those PacRim nations underwent an economic "meltdown", investors started pulling out of argentina. argentina continued their peg to the dollar, which was good b4 all this happened. but now, look at what the peg ratio has done. it has made exports artifically expensive, which really shuts down foreign trade. and now, when it is time to devalue, the number of pesos in a bank account doesnt go up...therefore, the working class gets crapped on.
etc etc etc....im thinking, what if some nation that uses the euro runs into economic hard times? would they turn out like argentina? theyll be smart enuogh, im sure, to try to do something with the currency...but its gonna be one heck of a nightmare to try to coninve 12 other nations to devalue, up the value, etc etc
my point (if u were too lazy to read)- not only does it take away cultural/national individuality, it also takes away economic individuality.
word.
phase4
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Jan-04-2002 06:22
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Miss Proximus
titelloos

Registered: Mar 2001
Location: Block II, Cell 13
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Jan-04-2002 16:49
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