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The Euro

Posted by ryuzaki0 on from the rfid-tags-coming-soon dept.

Dizer writes: "Today sees the historic introduction of the new European Currency (Euro) into European hands. The Eurozone market, with a population of 300 million people, will be cashing in their Punts, Francs and Deutschmarks in favour of the new common Euro currency. This is the biggest currency transition in history, vive l'Europe! See stories on ireland.com or the BBC."

5 of 1,162 comments (clear)

  1. Re:Ireland *has* changed to the Euro by Stone+Rhino · · Score: 1, Troll

    The story is from *BRUSSELS*. BRUSSELS is not in ireland. ireland is more or less a part of britain, and follows their economic policy.

    --


    Remember, there were no nuclear weapons before women were allowed to vote.
  2. Re:Coming from a store owner... by Sanity · · Score: 3, Troll
    Like theyd did in 1940 ??
    Yeah, you know, now I see the light. Hitler's suicide was a hoax, he actually went underground where he started to work on his plan to take over Europe - and on the 1st of January 2002, the result of Hitler's planning, the Euro, is unleashed upon the world, but yet again, those trusty Brits (aided by the Danes and the Swedes) resist the Nazi hoardes leaving them free to do whatever Bush tells them to do.
  3. The real reason the Euro is BAD NEWS by Anonymous Coward · · Score: 0, Troll

    The control of this currency rests with the German Government. Unlike the presidency of the EEC, which rotates so that each country can have a turn at running Europe, the control of the Euro is fixed with the Germans.

    This is not fair or right.

    The UK is the most powerful economy in Europe, and its government is clearly the best at managing an economy. If anyone should be running the Euro, fixing the interest rates and running the inevitable European tax system, its the Bank of England, and NOT the Bundesbank.

    Either way, whoever is running the Euro, giving control of your currency to another nation is suicide.

    Can you imagine the US Treasury accepting the control of the Dollar and the US economy from Canada or Mexico?

    That is precisely what is happening in Europe. This is totally wrong, and everyone here is being brainwashed into accepting the Euro because it is superficially convenient.

  4. Nightmarish "Progress" by Baldrson · · Score: 1, Troll
    The Euro will become worthless unless one of these two conditions are met:

    1. It is tied to a commodity.
    2. A pan-European government is put into place that demands payment of taxes in Euros.
    The second is the more likely outcome, and it is nightmarish to contemplate for reasons that are even more compelling than the arguments for federalism in the United States:

    European states do not have a unified language nor cultural history -- and even in the United States, where such disparities did not exist, the abandonment of the laboratory of the states was a major loss to humanity.

    --
    Seastead this.
  5. Why bother with a Euro, convert to a Dollar! by applejacks · · Score: 0, Troll

    Convert to the United States Dollar! You already speak our language, American English. So, Americanize your currency. It will be great. -One nation under God. So lets start acting like it.