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The dangers of a strong currency
Comments
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HAMISH_MCTAVISH wrote: »
Small, backwards looking, isolationist countries are no match economically or politically for integrated giants like the USA.
Only through enlargement and integration can we hope to compete, and therefore look after our own interests most effectively.
Fat and bloated or nimble and quick to react and change?
David and Goliath.
Or perhaps this is the best way to rub along."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Cannot see that being possible.
Then you have a lack of vision.There is no common goal.
Of course there is.
Greater prosperity, security and standards of living.
All of which would be enhanced by working together, rather than descending into a continent filled with bickering, small, isolationist countries.
We've been there before.
It never ended well.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
The AUD appears to be following it's athletes lead
Its losing the "race to the bottom" :eek:'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
HAMISH_MCTAVISH wrote: »
Of course there is.
Greater prosperity, security and standards of living.
Well good. That worked well, didn;t it.
75% unemployment in some parts of Greece now. Meanwhile Germany enjoys record employment levels.0 -
Graham_Devon wrote: »Meanwhile Germany enjoys record employment levels.
Not for long.That worked well, didn;t it.
I was referring to the common goal, not the half baked attempt we've had at implementing it so far, which obviously hasn't worked as full fiscal and monetary integration hasn't been implemented.
Yet.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »I was referring to the common goal, not the half baked attempt we've had at implementing it so far, which obviously hasn't worked as full fiscal and monetary integration hasn't been implemented.
That would need political integration. Would also be the end of democracy. Theres no way EU wide democracy could work.
I'm out.0 -
Think even Hamish realises it is just a dream where everybody will be nice and look after each others interests.0
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Graham_Devon wrote: »That would need political integration.
It would need an overarching federal entity, similar to America, however many countries have devolved government (like Scotland) whilst being part of a larger national union.Would also be the end of democracy..
Don't be so utterly silly.
Did the union of the American states mean the end of democracy?Theres no way EU wide democracy could work
And why on earth not?
Do you really think a German taxi driver is any more different to a British shopkeeper or a greek restauranteur, than say a french speaking Louisiana swamp farmer is to a Chinese immigrant restaurant owner in LA is to a Jewish deli owner in New York?
Really?
Because if you do then I suspect you know very little about America...I'm out.
Makes little difference what you think.
People with more vision will ensure we keep heading towards greater integration over the long run.
It'll take time to bring the masses along, and there will be a few hiccups along the way, but progress will not be stopped by the backwards looking isolationists.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Like the USA it will probably take another war or two.HAMISH_MCTAVISH wrote: »It would need an overarching federal entity, similar to America, however many countries have devolved government (like Scotland) whilst being part of a larger national union.
Don't be so utterly silly.
Did the union of the American states mean the end of democracy?
And why on earth not?
Do you really think a German taxi driver is any more different to a British shopkeeper or a greek restauranteur, than say a french speaking Louisiana swamp farmer is to a Chinese immigrant restaurant owner in LA is to a Jewish deli owner in New York?
Really?
Because if you do then I suspect you know very little about America...
Makes little difference what you think.
People with more vision will ensure we keep heading towards greater integration over the long run.
It'll take time to bring the masses along, and there will be a few hiccups along the way, but progress will not be stopped by the backwards looking isolationists.0 -
It is of course very attractive to see USE modelled on USA, however who knows we may get a USSR instead.
USA grew organically over time in unique circumstances; their constitution is a few paragraphs long whilst the EU is many thousands of page of inpenetrable prose; individual people chose to migrate there rather being co-oped in.
all very different from the European situation
even then it's worth remembering that USA had a very bloody civil war0
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