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Thread: "I'd Rather Have a Debauched Pound Than a Dysfunctional Euro"

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    Senior Member Carl's Avatar
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    "I'd Rather Have a Debauched Pound Than a Dysfunctional Euro"

    "I'd rather have a debauched pound than a dysfunctional euro"


    Posted By: Edmund Conway
    ---- Jan 13, 2009

    Telegraph blogcomment



    "...............The point is that the weaker pound should encourage exports in the coming years. It should be the cure, rather than the disease, for the UK economy. Spain's problem is that the euro is still painfully strong because of the vastly different fiscal and economic position of fellow euro members. As the report says: "The status of the British pound sterling as a major global funding currency... is expected to provide funding flexibility for the UK government during the heavy sovereign issuance expected to flood international debt markets in 2009............"



    Question therefore:

    Would you rather retain the Pound or join the EURO Blok. The Pound is sinking currently against the Euro -- and Germany ( with others) is certainly proving the strength ,relative any way , of their own economy. But is that all that matters? Does it matter that pain and resentment will build up elsewhere as a consequence of the imbalance?

    One thing to note ! There seem very little objection to the whole EURO conglomerate within Germany - and little prospect indeed that anything relevant at all will ever happen there. They are entirely creatures of the Euro-system it seems!

    Contrast Britain - where there is a strong movement within the nation to be independent of the whole incorporative structure! Can - should - this continue to be the case ??

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    Senior Member Rozenstorm's Avatar
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    This economic chauvinism will get you nowhere. I'm no supporter of the EU*, but if there should be European collaboration, we should have at least a unified market, and with what better than combined currency. Besides, having a 'small' currency gets you nowhere in a crisis. Iceland is almost bankrupt.


    *I'm found of de Gaulle's 'Europe of fatherlands', a European collaboration on a freely and sovereign base.
    "La vie est la vie, c'est-à-dire un combat, pour une nation comme pour un homme"
    Charles de Gaulle


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    Senior Member Cythraul's Avatar
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    Quote Originally Posted by Carl View Post
    Would you rather retain the Pound or join the EURO Blok. The Pound is sinking currently against the Euro
    I'd rather the pound wasn't artificially weakened so as to coerce us into needing the Euro. It's a difficult subject on its ground level - keep the pound and suffer, like the captain going down with his sinking ship, or adopt the Euro and be secure. This would be well and good if it were the natural course of things. It must be acknowledged that most pro-Sterling protesters aren't siding with the pound purely for sentimental reasons. In a free and just, unmanipulated global economy, the pound would soar. Britain has great minds and great resources. We'd be secure and competent in our own right if the Globalists didn't have it in for us and the EU weren't determined on stealing our oil in accordance with our membership agreement.
    "If by being a racialist, you mean a man who despises a human being because he belongs to another race, or a man that believes one race is inherently superior to another in civilisation or capability of civilisation, then the answer is emphatically no." - Enoch Powell

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    Senior Member Rozenstorm's Avatar
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    Quote Originally Posted by Cythraul View Post
    I'd rather the pound wasn't artificially weakened so as to coerce us into needing the Euro. It's a difficult subject on its ground level - keep the pound and suffer, like the captain going down with his sinking ship, or adopt the Euro and be secure. This would be well and good if it were the natural course of things. It must be acknowledged that most pro-Sterling protesters aren't siding with the pound purely for sentimental reasons. In a free and just, unmanipulated global economy, the pound would soar. Britain has great minds and great resources. We'd be secure and competent in our own right if the Globalists didn't have it in for us and the EU weren't determined on stealing our oil in accordance with our membership agreement.
    Who's coercing the pound into lower value? It's just the economy. However, not only that, a small currency can always be pushed down by other nations like say, the evil US empire .

    When France and Britain wanted to claim back their legitimate rights regarding the Suez-channel in 56' or 58', I'm not sure, the US pressed down the pound to force them out of Egypt. If we would have a strong currency of our own, Europe would be able to influence the international political stage once more, even if it's only via currency.

    Let's not stick to archaic chauvinism, neither throw away traditionalism of course. To a Europe of fatherlands!
    "La vie est la vie, c'est-à-dire un combat, pour une nation comme pour un homme"
    Charles de Gaulle


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    I am of the opinion that especially with a long established currency like the Pound Sterling being in place, much hassle can be turned away. Sure, they artificially press the pound down but I wouldn't discount the importance of commission and different buy/sell rates of the currency to maintaining the banks running smoothly. Surely there must be a reason why Britain stayed comparedly clear of the banks-shutting-down issue, the Northern Rock fiasco being mainly unrelated to the economic downturn.

    Whilst the pound may slump against the Euro at present, I would not discount the possibility that when the "economic crisis" hits Europe with a full force, the pound will be comparedly stable, because most businesses run on the Euro or the US Dollar.

    Other than that, maintaining the Pound is of course important for identity matters, it is one of the things that both separates them from the continent, but actually holds the smaller nations together. So, in a way you already have a common currency which defines England, Scotland etc. to be in this together - whilst joining up with Europe would put each of them on the same level as France, Germany etc., and I'm not entirely certain where such a distorted playing field would lead in the long run - including the possibility that the UK would disintegrate as an entity - something that can be considered in the future, but would be divisive at present, when other battles than that of national sovereignty of the constituent nations need to be fought on a common front line.
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    Senior Member Cythraul's Avatar
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    Quote Originally Posted by Rozenstorm View Post
    Who's coercing the pound into lower value?
    It's artificially weakened by the global banking cartel and the Globalists in order to encourage the UK into adopting the Euro. The UK's adoption of the Euro is a vital step towards centralising European power and so the hidden elite are growing tired waiting for us to join voluntarily.
    "If by being a racialist, you mean a man who despises a human being because he belongs to another race, or a man that believes one race is inherently superior to another in civilisation or capability of civilisation, then the answer is emphatically no." - Enoch Powell

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    Of course the German economy may just in the end be destroyed under the weight of supporting Romania, Hungary, Albania, Greece, Portugal, Ireland, Spain, Poland, Croatia and anyone else in the EU whose economy plummets toward ground zero.

    One of the ways in which we ended up in the liberal dictatorship we are in now in was the econonic control claimed by the EU Brussels/ Strasbourg elites.

    I'd rather have £1000 = 1 Euro than have the filthy International Finance credit notes in the shops here in Britain.

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    Senior Member Rozenstorm's Avatar
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    I'd like to remember my English friends to the Suez-crisis in 1956, when America forced Britain to drop their foreign policy by pushing the Sterling. This would become impossible with a European currency. We could wield a strong foreign policy together...
    "La vie est la vie, c'est-à-dire un combat, pour une nation comme pour un homme"
    Charles de Gaulle


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    Senior Member SwordOfTheVistula's Avatar
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    If you join the EURO, you cede your nation's control over monetary policy. If you are worried about inflation, but the other countries want to inflate, well then you are SOL!

    Britain's current problems came about because the country's economy was largely based on financial services, even more so than the continental EU which maintained a manufacturing base, and the US which has a large agribusiness.
    Contact Congress on immigration
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    "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety." --Ben Franklin

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    Senior Member Rozenstorm's Avatar
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    I'd rather have a Euro than a Rothschild-Pound or a Rockefeller-dollar.

    Banking-Stealing
    "La vie est la vie, c'est-à-dire un combat, pour une nation comme pour un homme"
    Charles de Gaulle


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