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Old 06-04-2005, 01:18 AM   #17 (permalink)
Dragonlich
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Location: The Netherlands
Quote:
Originally Posted by Ustwo
Then a no vote makes sense. If you don't know what you are getting out of something, jumping into it seems like a bad idea to me.
Yeah, that's what a lot of people keep saying: there wasn't a "yes, except for..." option, so they voted no.

Most people didn't care to read the European "constitution" they were supposed to vote on, but listened to various people highlighting their favorite negative element. Basically, the text was too complex and there was too much of it. Even I would have prefered a simple constitution (like the US constitution for example). But because it *isn't* a constitution, but a combination of lots and lots of older agreements, this wasn't possible.

The problem with this no vote is politics, of course. European leaders have boldly announced that there is no plan B. It's either this, or nothing. Since it's going to be nothing, we might get some economic fall-out. The future is uncertain, and uncertainty isn't good when your economy is already struggling.

Related news: more and more questions emerge about the Euro as a currency. People are asking for it to be scrapped, without looking at the negative consequences. They want back to the good olde days, which simply isn't an option. But the results are obvious: the Euro is already losing out against the dollar, and this may become worse.

(That last bit isn't totally bad, by the way. For the Netherlands, it may mean equal or higher exports to Europe, and definately higher exports to the rest of the world. Let's hope the negative bits don't ruin the overal effect.)

Last edited by Dragonlich; 06-04-2005 at 01:22 AM..
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