Into the Euro

I listened to the criticism of George Osborne when he dared to utter a truth, the collapse of Sterling, and we were told that he is talking down the economy. Unbelievable, has nobody noticed what has happened to the pound, getting closer to parity with the Euro every day. Why did we not go in a couple of years ago when we could have gone in at 1.50 to the pound rather than 1.00 .

Look at the numbers, pensioner on £10,000 would have got 15,000 Euros, if we had gone in at 1.50 but at 1.00 the same pensioner will get only 10,000 at 1.00.

However, look at government debt, just add a few zeroes to the numbers and you will see the advantage of going into the Euro with a huge debt. That I think has been the plan all along, run up the debt, then win on the conversion. Surely the former chancellor never did have a cunning plan, we will soon be told it will be to our advantage to now enter the Euro, the five criteria have been met, we are so, gullible! well not all of us.

Imagine Gordon's legacy, the man will be even more famous than Edward Heath.