Re: how euro are you

Peter Lynch <pete@xxxxxxxxxxx> wrote:

>I'm watching this now. it looks to me like most of the
>audience are simply repeating their own petty doubts
>and fears about (not fully) integrating with the rest
>of the EU (primarily, adopting the euro).

Yeah, same old irrelevant ***.

I'm waiting for a cost-benefit analysis of membership so far, an
explanation of why the EU auditors have failed to sign off the
accounts for 10 years, an explanation, apology and compensation to 3rd
world countries who have been damaged by the EU food dumping policies.

When someone does that, I'll start taking notice.

>So far they haven't mentioned the one single thing that
>would sway people's minds: the mortgage rate is 3.2%.

They'd need to explain the background behind those rates, as you can't
look at them in isolation eg what are inflation, GDP growth, and
exchange rates doing. That will give you a handle upon sustainability.

Daytona
.

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