Dear Editor,
I note with interest the comments of the new Ambassador (The Resident edition October 26) and the statement about the British and the euro.
So, Britain will not join the euro while its economy remains higher and better than the euro zone economies?
So, how is it then that the pound has fallen from 1.67 in 2000 to 1.26 in 2008, a drop of 25 per cent in eight years?
Is this the sign of a strong UK currency? I find it baffling that politicians can argue on the strength of the UK economy when thousands of Brits living abroad and holidaying abroad know a very different picture, and the Ambassador is only perpetuating the myth by daft statements.
I find it equally baffling that the population accept this nonsense. The simple reason we will never join the euro is siege mentality, little islander behaviour, an unwillingness to embrace any culture other than its own by Brits across the social scale, and some weird view that we are better and know better than anyone else.
And that is before we examine the behaviour of the financial markets and those who operate within them which gives us all cause for concern. “Gawd help us everyone” to parody Bob Cratchit.
Charles Whitehead,
By email
