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Tuesday, 17 January 2017

EU and the UK pound

Since the Prime Minister clarified our position on leaving the EU following the BREXIT vote, I see that the UK pound is up against every currency. I guess people had already factored in that we are leaving the EU and are happy to have some certainty now.

Although I have said this before, it would not surprise me if the Euro lost a lot of value this year. The EU is in grave danger of falling apart.

I voted to "remain" in the EU, but many nations want free trade but NOT a United States of Europe. France is France. Germany is Germany, etc..  National identity IS important.  Originally the EU was about maintaining peace in Europe, but it has grown a lot in recent years and has rather lost its way.  Basically I think the EU is "a good thing" but it must not be a "gravy train": it should serve the people of Europe.

See .

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