Would Leaving the Euro Help the Irish Economy?

[Valmy]

This sounds like something a Texas Secessionist would write.  'We wud be so much better without the darn gubmint'

[Neil]

What's an Ethnic Albertan?

Dene. Black Foot. Cree.

Those are Indians, not Albertans.

[Faeelin]

This sounds like something a Texas Secessionist would write.  'We wud be so much better without the darn gubmint'

Continuing the proud Irish tradition of leaving mighty empires to become backwater hicks.

[Josquius]

[conspiracy theorist]
OMG! I KNEW IT!
Teh plan is for Ireland to leave the EU then Lisbon can be passed then the EU can be a nation and steel aal our freeeeedomz and then for Ireland ot join again they'll have to accept Lisbon first!!!1111
[/conspiracy theorist]

But seriously....Ireland leaving would be interesting as far as Lisbon and the future of the EU goes....

[Cerr]

This sounds like something a Texas Secessionist would write.  'We wud be so much better without the darn gubmint'

Continuing the proud Irish tradition of leaving mighty empires to become backwater hicks.

[Cerr]

This sounds like something a Texas Secessionist would write.  'We wud be so much better without the darn gubmint'

Eh to be fair to the writer, he's not arguing to leave the EU just the Euro currency.

[Valmy]

Eh to be fair to the writer, he's not arguing to leave the EU just the Euro.

It is the same sort of arguement...that things could be run better when you do not have to consider the interests of the rest of Union.  I find that thinking false, it may work out in the short term but in the long run it is best if the economic and monatary system is managed with the interests of the whole Union in mind.

[Faeelin]

Eh to be fair to the writer, he's not arguing to leave the EU just the Euro.

It is the same sort of arguement...that things could be run better when you do not have to consider the interests of the rest of Union.  I find that thinking false, it may work out in the short term but in the long run it is best if the economic and monatary system is managed with the interests of the whole Union in mind.

I wonder if this is so. Are the European economies similar enough that having one currency is viable?

[Valmy]

I wonder if this is so. Are the European economics similar enough that having one currency is viable?

They are tightly integrated to the point one currency is not just viable it is almost a necessity.

[Neil]

This sounds like something a Texas Secessionist would write.  'We wud be so much better without the darn gubmint'

Continuing the proud Irish tradition of leaving mighty empires to become backwater hicks.

Let's be fair.  Most of Ireland's people were always backwater hicks, even before they committed treason.

[Zanza]

I wonder if this is so. Are the European economies similar enough that having one currency is viable?

That was the question from the very beginning. In the last ten years it was obviously viable. If it stays so in the future remains to be seen.

But then, what is an optimal size for an economy with one currency? We have economies like the United States, China and the Eurozone on the one hand and we have smallish countries with just millions or hundreds of thousands of inhabitants with their own currency. The bigger currency areas have considerable differences in their economies too. Do Michigan, New York, Texas, California and Hawaii have a similar economy? First is built on automobile industry, second is built on finances, third is built on high-tech and oil, fourth is built on high-tech and agriculture and fifth is built on tourism. Yet, they all have the same currency and it is doubtful they have the same economic cycles. Michigan was already bad off when the rest was still booming for example.

[Valmy]

But then, what is an optimal size for an economy with one currency? We have economies like the United States, China and the Eurozone on the one hand and we have smallish countries with just millions or hundreds of thousands of inhabitants with their own currency. The bigger currency areas have considerable differences in their economies too. Do Michigan, New York, Texas, California and Hawaii have a similar economy? First is built on automobile industry, second is built on finances, third is built on high-tech and oil, fourth is built on high-tech and agriculture and fifth is built on tourism. Yet, they all have the same currency and it is doubtful they have the same economic cycles. Michigan was already bad off when the rest was still booming for example.

I could not agree more.

[Fate]

This sounds like something a Texas Secessionist would write.  'We wud be so much better without the darn gubmint'

Eh to be fair to the writer, he's not arguing to leave the EU just the Euro currency.

Rick Perry would sound just as insane if he argued that Texas should leave the dollar instead of complete secession.

[Siege]

Irish are not europeans.

[Neil]

Irish are not europeans.

Fantastically incorrect.  You could argue that they're a bunch of rebels and traitors who should all be hanged, but they're definitely European.