When the Euro was valued at 80 % of the US$ it was said that it was in trouble

When the Euro was valued at 134 % of the US$ it was said that it was in trouble

Now that the Euro is valued at 122 % of the US$ it is again said that it is in trouble


At least you guys are consistant.

What ever is linked to the identifier "Euro" must be in trouble for that fact alone.

Well if that makes you guys happy then I think it is harmless enough.

Now Blair thinks that the mainland is now ready for some far stretching free market thinking and an economic model like the UK. If that makes him happy then I think it is harmless enough as well. In 7 months time he will know better.

There are alot of rumour around about the No votes, sadly none touch on the real reasons.

For the Dutch it was the trouble with the stability pact, the powerplay by the big nations (we don't want to loose our veto power) and the fact that we're paying millions of Euro's to EU (and UK in particular) and get nothing in return. (in UK case we get a thankless 5th colomnist). That and the fact that many are tired that our politicians are selling us down stream to lobby groups and big corporations. The people have different idea's about Europe than the policy makers have and this was one of the times when such a view could be expressed. In general, people care less about free markets and open borders than about the benefits of a social-democratic society. In france a few other points were involved as well; most having to do with market liberalisation and the cutting of state social programs.

Wouter