Economic and political foresight?
Posted: Wed May 05, 2010 12:56 pm
I am sure all forumites would agree that in the midst of a global recession, we need our leaders to show economic and political foresight.
As the petrol bombs fly and the horrendous news comes through from Athens about deaths leading from the struggle between the Greek unions and the Euro banks bailout plan, as Merkel questions the future of the Euro, as Portugal, Spain and Ireland wonder if they are going to be next in line, as the global markets tank at the eurozone instability, what we need is foresight!!!
Agreed?
So can I direct you to Nick Clegg's thoughts a little more than a year ago?
http://news.bbc.co.uk/1/hi/uk_politics/7841897.stm
To quote
"Joining the euro would "anchor" the UK economy and protect it from "dangerous" currency flows, he told the newspaper. And...
Mr Clegg, a former MEP and fervent pro-European, said he believed public opinion could "turn on its head" once the "sheer brutality" of the economic downturn hit home and made people yearn for the "stability" of the eurozone.
"In that context of people just longing for clearer rules, for reliability, for stability, for certainty, you might just find that becoming part of the reserve currency on our doorstep might become part of the recipe... by which we put the British economy back together on a more sustainable footing."
So on the one hand we have Gordon Brown who a leading Nobel prize winning economist argued had possibly saved the world's financial system and on the other we have the Blessed Cleggie.
The choice is easy, eh?
D
As the petrol bombs fly and the horrendous news comes through from Athens about deaths leading from the struggle between the Greek unions and the Euro banks bailout plan, as Merkel questions the future of the Euro, as Portugal, Spain and Ireland wonder if they are going to be next in line, as the global markets tank at the eurozone instability, what we need is foresight!!!
Agreed?
So can I direct you to Nick Clegg's thoughts a little more than a year ago?
http://news.bbc.co.uk/1/hi/uk_politics/7841897.stm
To quote
"Joining the euro would "anchor" the UK economy and protect it from "dangerous" currency flows, he told the newspaper. And...
Mr Clegg, a former MEP and fervent pro-European, said he believed public opinion could "turn on its head" once the "sheer brutality" of the economic downturn hit home and made people yearn for the "stability" of the eurozone.
"In that context of people just longing for clearer rules, for reliability, for stability, for certainty, you might just find that becoming part of the reserve currency on our doorstep might become part of the recipe... by which we put the British economy back together on a more sustainable footing."
So on the one hand we have Gordon Brown who a leading Nobel prize winning economist argued had possibly saved the world's financial system and on the other we have the Blessed Cleggie.
The choice is easy, eh?
D