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How come the UK hasn't joined the monetary union of the EU ? Don't you guys find it would be a handy thing to do ?
Are there any plans to do so in the future ?

2006-12-04 19:00:47 · 21 answers · asked by Anonymous in Politics & Government Government

21 answers

The English are obsessed with themselves and being English. They don't want to be associated with the euro, even though it would make things much easier. Most English people don't even consider England part of Europe, as they refer to going anywhere in mainland europe as plain "Europe", as if they aren't already there. Also, they're obsessed with the Queen, and they want to have her face on literally everything in the country, including the money.

2006-12-04 19:20:00 · answer #1 · answered by Greg 3 · 7 4

if your from the states your going to be merging with mexico and canada you will have the boarders opened even wider and a new currency called the OMERO. you will have the NAU that will be played off against the EU and the Asian union then they will merge those 3 blocks together to create a world government.
click on the link http://video.google.co.uk/videoplay?docid=786048453686176230&q=terrorstorm this is a film about why this is and how the globalisets do it ,now heres the info if you dont watch it dont say it was never put in front of you because here its is.laters

2006-12-05 06:15:25 · answer #2 · answered by Anonymous · 0 0

We did join the monetary union of the EU and the idea of this was for all EU members to put a whole load of money into a big pot then they created what they called a floor and any country that fell through this floor (it's imaginary floor) was baled out financially. Guess who fell through first?. The U.K. Did the other countries bale us out. Did They SH*t. It was a very expensive lesson for the U.K but thank god it got us OUT

2006-12-05 06:45:16 · answer #3 · answered by David 4 · 0 1

The British people are undecided on the Euro. Most people prefer to have complete control of our monetary business in the hands of the Bank of England, which issues English bank notes and controls the money supply and the amount of interest, which is 5% at present.

If we join the Euro, most Britons fear that the Frogs and Krauts will get their hands on our money and destroy our booming economy.

VOTE NO!

2006-12-05 04:01:02 · answer #4 · answered by Anonymous · 1 1

The general consensus is that we don't want to join the Euro. This is because we don't see it as economically viable. We'll end up sharing our money with other nations. That's perfect for the former Eastern Block Nations, who will make money from it, but to a richer nation, like the UK, it means that we will lose out.

Besides. The pound sterling is part of the Nation's identity, and we want to keep our Identity and stay an independant Nation. The second we give into political pressure, we won't be independant anymore (we will depend on the rest of Europe for our economy). Every one of these small steps bring us closer to becoming the United States of Europe. I certainly don't want that, and many of my fellow countrymen feel the same.

I am a patriot, and joined the military to defend MY Queen and MY Nation, not the whole of Europe.

Once in a while, we vote on the Euro, but my vote will always be "No".

2006-12-05 03:15:53 · answer #5 · answered by genghis41f 6 · 2 3

I don't know if we have yet met the convergence conditions Gordon Brown set as a prerequisite to joining.
But since a few of those who are in the 'euro zone' are not keeping to the rules, which might adversely affect the UK if we were, why should we?

2006-12-05 03:26:07 · answer #6 · answered by cogent 3 · 0 0

I gather from your terminology that you are from the U.S.A.?
We were all set to join when an American led a route on the pound and lowered our currency to the floor.
E.U. member states were supposed to rally round and buy the pound but chickened out leaving us owing billions to our E.U. states at interest rates already agreed.
We had to pull out and it was years before we were ready to join as scheduled one year after the launch.
At this time we were nearing the required levels demanded of all E.U. countries concerning GDP, Reserves and Public Spending.
Italy was allowed to join without reaching this criteria Germany fiddled by selling off its gold reserves and Spain was all set for the biggest hand out in history. The year ended and about five countries did not join, UK included.
The driving force for most of the major countries was to get someone to help pay their high benefits. 50-100% higher than our own. After the previous debacle and the manipulation of the rules this country remained with sterling.
I personally believe our controllers saw our future linked to the U.S.A. but having responded to U.S.A,s wants in Iraq it seems we are surplus to requirement.
Now no one in the world wants us either.
Sad or what?
Very sad considering the money the U.K. State takes from us.

2006-12-05 03:42:58 · answer #7 · answered by Anonymous · 1 1

Opinion is heavily divided on the issue. When they asked the public, the public clearly said NO! To be honest we've actually prospered as a result of not joining but that won't last forever. I personally think we should join.

2006-12-05 03:03:52 · answer #8 · answered by lataliano 3 · 2 0

UK is a progressive country with a good economy and need not join the EU. Maybe, it is also for patriotism or supremacy for the Brits.

2006-12-05 03:03:31 · answer #9 · answered by FRAGINAL, JTM 7 · 3 1

It cost me 40 UK pounds to transfer one thousand pounds to my bank in Spain.

If you owned a bank would you change to the Euro?

The other reason is that many people in England believe that the queen's head would not appear on the Euro coins. FACT: this is untrue.

2006-12-05 03:13:27 · answer #10 · answered by Anonymous · 2 1

Perhaps todate the UK is wise enough not to join the
"welfare state" of the EU.
Would that be a good reason?

2006-12-05 04:21:30 · answer #11 · answered by dorianalways 4 · 1 0

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