UK join Euro - unlikely after global crisis. Future of Global Economy speaker - Economic keynote

[Theaverable]

The Euro is fucked.

Just look at

Greece(Bailed out once, may need it again),

Ireland(Bailed out),

Portugal(Bailed out),

Spain(may need bailing out soon)

and Even Italy(may also need bailing out soon).

[BKsMassive]

if we do change to euro ( which we wont. )

im moving to Canada or Australia.

[pjvdixon]

@BKsMassive Huge anti-euro feeling still in UK as these video comments show.

[BKsMassive]

@pjvdixon

Yep....

and did you see you Euro a couple of weeks ago!

they lost 21Billion Euros in stocks in 1 hour!!!

Britain cant afford to loose a penny!

We need to leave tbh....

i dont see why we should have to pay something like 60million a day to be in it when places like Poland get payed to be in it...

[lockyjose]

@BKsMassive it did

[smoggyben]

If we change to the euro im emigrating.

[Qexplainer]

EURO !!! is going to replace USD

[oiefees]

NO EURO! GBP RULES!

[psychopoison]

Im german and im living in england since 2004 and i DONT want euro here. Long live to British Pound.

[duncan36]

So the plan is pile all the stress of the financial system on the back of the regional currencies including the pound? Iceland was the first currency to crack, what happens when other currencies crack? Its my belief theres a plan for a world currency the globalists will be happy to roll out once the major currencies start to crack. But we shall see.

[Vassilio]

Sorry, i didnt mean to use the term "moron" - It just annoys me so much when I see scholars assuming things. Such assumptions lead on an ignorance driven agenda. You should be at the very least open to what joining the Euro has to offer, rather than totally against it.

[Vassilio]

The "Collective Average" of the European Union are far better off than the UK who has now a huge deficit, and no manufacturing. If England was humble from the beginning, then it wouldn't be in this mess. The only reason stopping you from joining the Euro was that you could control your own interest rates because you solely relied on your financial services as the cash-cow for your economy. Your financial services are now in ruin. Get the picture. And stop with that silly accent.

[Vassilio]

I've never heard anything more foolish before. The Euro is now at Parity with Sterling: Unless you join, your currency will keep on losing value. You are forgetting ONE big thing: A weak sterling is good for British exports: but my dear Moron, we are NOT exporting anything in England!! You are NOT a manufacturing country. Your financial system is taylored to suit your businesses with US markets... and look where that's taken you!! DOn't be so pompous and just accept entry into the Euro.

[croat88]

This is why I love the Brits. They look before they jump.

Being an American I would scrap the dollar in favor of state printed money. The dollar gives too much power to the federal level.

[epmorris]

Britain should join the Eurozone but probably won't, in the near future' due to nationalistic fears of a few. There are huge economic variances within Britain so on the arguments put forward by the speaker the single currency for the UK shouldn't work ! The British are however a practial people and will do so when the time is right for them and ultimately will not be put off such decisions by some romantic ideas of the past.

[BRETON1964]

eurOzone don t need britain

[thunderflash82]

and britain doesn't need France

[morgandrim]

I`m not so sure, thunderflash82. Can you just imagine the trouble France could cause the UK if we - for instance - pulled out of Europe ?

[thunderflash82]

who cares. you could come chill with canada.

[morgandrim]

Hi thunderflash. I didn`t realise you were from Canada. I don`t know much about your country, but I do hold it, nevertheless, as one Great Country.

[hellyersonline]

I hope that it does delay our entry... If we struggle to make good financial decisions just for the UK why does anyone think it would be a good thing to be thrown into the melting pot with countries whos economies are different all from ours?

good video!

[pjvdixon]

This is my own view - at present but circumstances may change that if we experienced our own currency instability for example. Patrick Dixon

[tubebunny7]

Why then is the melting pot currency able to pound the pound?

[Nkatsikanis]

Super that makes my heart glad. All for imperialist's rule

[pjvdixon]

What do you think? For more of my videos on this issue SUBSCRIBE to my next videos - press ORANGE BUTTON top left. Also if you click FAVOURITE (red heart) immediately below video, you will help other people find this video and enjoy it too. PLEASE do comment....I try to reply to most comments, but with 10 million different visitors to my sites sometimes it takes me a while. Thanks. Patrick Dixon

[kieranmcdonagh3]

Hi there Patrick Dixon,

i see this was posted months ago but it is still relevant! We can see from the financial crisis-a common response is crucial, as an Irishman i can tell you that a strong Euro is helping lower our inflation rate (thankfully now below the U.K. rate) and protect our financial institutions from turbulence- ask Iceland! Convergence just takes time-with sterling at a realistic exchange rate along with converging inflation and interest rates it makes sense for the U.K. to join

[pjvdixon]

Thanks.  The Euro entry of Britain is a very important issue. Patrick Dixon

[OghamTheBold]

Exactly what I thought - but then I thought - or maybe it will hasten it