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Throntar · 06-08-2001, 09:17 AM

I was reading in the local newspaper this AM that Blair won the election in a landslide.

One of the things that the article stated was that immediately thereafter, the "sterling" fell upon fears that the UK would move to the Euro. Here's the question:

Why is there so much opposition in the UK (the article stated that 75% are opposed to it) to a move to the Eurodollar?

Please keep in mind that I'm from the US and don't have even a little bit of an understanding of the issues involved. Wouldn't a common currency promote greater freedom of trade...or at least ease of trade?

Thoughts?

------------------

Now where did I leave that doughnut?!

06-08-2001, 09:17 AM	#1
Throntar Drizzt Do'Urden Join Date: March 15, 2001 Location: Missouri, USA Posts: 632	I was reading in the local newspaper this AM that Blair won the election in a landslide. One of the things that the article stated was that immediately thereafter, the "sterling" fell upon fears that the UK would move to the Euro. Here's the question: Why is there so much opposition in the UK (the article stated that 75% are opposed to it) to a move to the Eurodollar? Please keep in mind that I'm from the US and don't have even a little bit of an understanding of the issues involved. Wouldn't a common currency promote greater freedom of trade...or at least ease of trade? Thoughts? ------------------ Now where did I leave that doughnut?!