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Ancient Guru
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05-06-2012, 16:25
| posts: 4,835 | Location: Malta
Quote:
Originally Posted by tuco
we have a currency, and its better than the euro. any country should have access to markets providing it complies with a few human rights etc. personally I dont see why we should be bailing out those who cant organise their own tax/pension/benefits system's. think us brits agree with the germans on that one at least.
how much money has malta had from the eu btw? close to 1 billion in 10 years. lol
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How can one have a better currency?
Would you say the GBP is weaker then the USD even if the US dollar is has a lower conversion rate then the Euro?
Very outlandish comment.
Second line is even more out there. If the UK was not within the EU system then there would be a barrier between the markets making trade more difficult. A fact which is incontestable.
The break up of the Euro would cost way too much for you guys too and acting all nationalistic is not going to help much. The UK's economic fundamentals are not exactly solid; high public debt (higher then spains), high deficits (also higher then spains) and in recession.
The only reason the UK can run such deficits and not worry too much is because the central bank can act as lender of last resort (the ECB cannot) and the currency is not directly effected by Greece.
Is the last line is some sort of provocation? damn right my country is a net beneficiary from the EU system. The purchasing power and economy is not as developed as other more rich European countries. Given the ideals behind Europe which include solidarity and increasing development I do not find it scandalous that we get aid. The last thing I expected is a citizen from the UK is to give me attitude considering how your colonial government made sure that nothing bar military installations were developed to the detriment of the people, responsible for the above mentioned gap.
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