10-06-12, 03:21 PM
Quote:VNA, if a few rich people find they can make money importing something from outside the EU, they will pull the strings to open the markets.
But that's simply not the case, as is demonstrated by the experience of the Japanese car industry.
As for food, lets not forget that the selfish Euro framing policies have been flooding third world and developing nations with cheap EU subsidised produce for decades now, in turn undermining their economies. Another area in need of real reform. Yes a big part of the problem is that the EU has expanded rapidly for the benefit of the banks and big business. Our economies have been living beyond their means for 30 odd years now, and finally it's catching up with us.
I'm not arguing for the Euro (any more) and it's been a disaster because it's been so badly managed and it's problems have coincided with a global economic crash.
But of course if the Euro implodes we will feel the chill. Greece for example won't be able to buy much from us, their currency being worth maybe a half, a quarter or less overnight.
What I am arguing for is staying in the Euro economic market. I cannot see the point in leaving, we are stuck with it, so we may as well have a say and not have face possible trade restrictions.