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User Name Thread Name Subject Posted
David Carter (UK) Brexit #2 (2815* d) RE: Brexit #2 19 Dec 18

I don't agree Steve, when the Euro became an accounting currency in 1999 the pound was 1.4 Euros, when the notes and coins were issued in 2002 it was 1.6. Now it's 1.1. That is a direct depreciation in the value of our savings and earnings of between 25% and 40% depending upon the date. The Euro provides stability and certainty, it would as its backed by a strong economy. It stops politicians from meddling with its value for their short term gain, and to our long term detriment. I have a lot more time for Gordon Brown than many people, but opposing us going into the Euro was his one big mistake.

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