Thread: exchange rate
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Old 19-03-2009, 20:18   #7
Wynonie Harris
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Re: exchange rate

Quote:
Originally Posted by Eric View Post
According to some "experts" I have listened to on CBC, the Euro could be heading for trouble, because many of the economies using the Euro are in real deep do-do. Maybe sticking with the pound might turn out to be not a bad idea. At least you are not tying your currency to economic basket cases over whom you have little control.
We won't escape from that little mess, Eric. As one of the biggest net contributors to the EU, we will be expected to play a major part in bailing out the Eastern European members who are in an even worse state than us. After all, we're all part of the same club.
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