Saturday, December 22, 2001
Euro Question

Why does the punditocracy assume that people going to the Continent in the next year and a half and handling the Euro, probably 25% of the population, will make a difference to the outcome of the Euro referendum; yet the rioting, lack of pension payments and nationalisation of bank accounts following Argentina's single currency (remembered by probably 60% of the population, even if vaguely) experiment will have no effect?

It may be temporary, but it will make good copy for the No side when things come to a head. Imagine, picture of rioting populace, story of what happened in Argentina and a legend at the bottom:

Get the Euro ... lose your home

Or your pension, or your savings.

Even the Tories, let alone the more competent souls at New Europe could think of that.


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