In the Euro

we are deliberately devaluing the pound for one good reason. We need the money from the Middle East oil states and the Chinese.

We devalue the pound because we won't give investors a fair interest rate. So, we will offer them capital gains. The pound has fallen hugely against the dollar, 22%, now it will recover in due course, in which case any foreign investor will make money when measuring their investment against US dollars. I wish that people were better informed.

Just as foreign onvestors bought into the UK stock market, they may have made money on the shares bought, but they lost out on their total return because the exchange rate went against them.

This appalling government is desperately going to be seeking investors in the country, to fund our spending, on borrowed money. I do not want my children and grandchildren saddled with debt, a view I think shared by many others.

I want us in the Euro and the sooner the better.