Britain must never join the eurozone

[Winston]

What are your views on this?

[Peach]

The question is not very clear. Whet do you mean by saying that Britain must never join the Euro zone? It is already part of the European Union, and I'm not sure whether it will separate from it. Please, express your thoughts and questions more exactly!

[Terry]

In a way yes, Britain can quite successfully exist apart of the EU, by developing its industry, and it will never be influenced by Europe.

[Big_Becka]

I think it would be difficult to build up British industry again, after it has been run down so badly :nonnon Most heavy industry (mining, etc) has been closed: the mine shafts and quarries are flooded, and would take many years to bring back to working order. North sea oil is running low, and we seem to be buying in Russian gas too!

Other industries (steelmaking, some power production) are owned by companies based in other countries (such as Corus and EDF) - so a percentage of the revenue (and doubtless the top jobs) go outside Britain. Light industries and manufacturing (e.g. the car industry, aerospace, household goods, electronics) is also largely owned by non-British companies. LDV is the last notable British car manufacturer and they are now in real trouble... hock:

So Britain must make a VERY LARGE investment in industry if we are to exist alone: either excavating our resources, or buying back our manufacturing bases. And we would need to educate a new generation of bussinessmen and women who are interested in making a company work long-term, instead of just getting rich quick. I have no idea where that kind of money and culture change might come from - we would probably need to borrow it from abroad :-P

[Laurentine]

The situation in Britain is even worse than I expected.... That's sad. I thought it is a flourishing country, that doesn't need any help on the third hand... But if there is a clever ruling power the things will improve for sure..

[tricker]

to join or not decide empowered people! all have moments of crisis and returns in normal economic life! in what country you are living? maybe your country may not have to join? :twisted:

[Peach]

such a country as Great Britain had no way to not take part in the EU! part of the most developed countries of the world, is situated on the European continent and meets the union! Union has had a lot to win because this country ... in any case certainly has not lost anything

[Nathan]

likely that after all news about Sweden and Belarus, they both have not what to do in union? or yet they are Welcome?

[shadowninty]

Go ahead leave the EU it will mean more Foreign Direct Investment for Ireland with us being an English speaking pro-EU country.
Although when the UK economy collapses it won't be good for the Republic's economy either