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DID YOU KNOW?
THE EURO
No 1- WHY WE ARE
BETTER OUT
[Of course whatever
the so-called advantages of being in the Euro the
main issue is not economic but political. It is a
question of remaining an INDEPENDENT NATION STATE.
There are fears
that Gordon Brown who now has an unlimited treasure
chest to dip into will decide to ditch the pound and
join the Euro. At least with having our POUND
we can still recover if the EU went into freefall
without it we would go down with the rest. It
has been known for many years that there are many in
France -Italy and even Germany who are anxious to
return to their own currencies and in two of these
countries they still use their own currencies though
surreptitiously.]
Even many at the
highest level of the French Government believe
" the actual
experience of the euro is opposite of that predicted
by (monetary union) theory...there is a minor
positive impact of the euro on exports from non-euro
countries to the eurozone, but not in the other
direction...it's as if the euro has worked as a
one-way valve".
the conclusions of
Romain Rochas a former head of the department at the
European Court of Auditors. The article, titled
"Une Evaluation de
l'Euro"
marks the
tenth anniversary of the euro, and examines the
evidence for the various claims that are made in
support of the Euro.
eurofacts
28th November,2008
eurofacts@junepress.com
*
WARNING FROM OUR MAN IN WASHINGTON IN 1996 -EURO DOOMED TO
FAILURE
www.worldreports.org
*
DECEMBER-2008
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