45 replies to this topic

[Northern Sol]

Is it a case of people trusting the EU slightly more than the government?

I think it's similar to decimalisation. People say that this caused "rounding up" of prices but nobody wanted to go back to the old money a decade later. There is simply too much invested in the Euro for a change to be contemplated.

[Saintslass]

I think it's similar to decimalisation. People say that this caused "rounding up" of prices but nobody wanted to go back to the old money a decade later. There is simply too much invested in the Euro for a change to be contemplated.

Except that by converting to decimalisation change was contemplated, having had a system in operation that had far more invested in it than the few decades 'invested' in the EU (which of course has changed beyond recognition to the EEC we joined originally). Just because we have invested in something doesn't mean we shouldn't review it periodically, including giving consideration to whether it still meets our needs.

[tonyXIII]

Is it a case of people trusting the EU slightly more than the government?

Many a true word, etc. If you lived in Greece, who would you trust, the EU or any of the shiftless liars they've had for years? Got it in one!

[Marauder]

Who said this? Paul Krugman?

http://www.independe...hs-7804753.html

Yes

[Northern Sol]

Except that by converting to decimalisation change was contemplated, having had a system in operation that had far more invested in it than the few decades 'invested' in the EU (which of course has changed beyond recognition to the EEC we joined originally). Just because we have invested in something doesn't mean we shouldn't review it periodically, including giving consideration to whether it still meets our needs.

I'm not saying that the Italians are right, I'm just saying that's the way that they see it.

[gingerjon]

Anyhoo, back to the OP:

Now even Goldman Sachs tells Osborne to find a Plan B

They've got as much chance of convincing him as those lefties at the FT, Economist and IMF did.