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Silvy · 09-14-2003, 03:40 PM

I thought the vote would be closer as well...

I'm no expert on the subject but I feel Sweden did the right thing.
The Euro has in most countries driven prices up as much as 30-100% for common luxury goods (cafe's restaurants and such) and 10-50% on regular goods. Sweden's economy and employment rate has been steady above the average 'Euro'-country.
Ever since the EU started taking shape and introducing the Euro there has been nothing but trouble. Each country feels cheated, and some large countries are not keeping up their end of the deal to stabilize the Euro (to keep it from devaluating, though it has not done this, yet).

In the long run if all goes well for Europe, Sweden may miss out on some economic growth and oppertunities. But in the short-term it saves them a lot of political BS.

(and many former Iron-curtain states are in the process of joining the EU which makes the Euro future much less secure)

The Euro has not yet proven to be very good for the average consumer, and has increased political debate about issues no normal citizen is interested in. Descisions are not being made and if they are, many parties do not agree. I do not blame the swedish at all for voting against the Euro.
(I would.)

09-14-2003, 03:40 PM	#4 (permalink)
Silvy paranoid Location: The Netherlands	I thought the vote would be closer as well... I'm no expert on the subject but I feel Sweden did the right thing. The Euro has in most countries driven prices up as much as 30-100% for common luxury goods (cafe's restaurants and such) and 10-50% on regular goods. Sweden's economy and employment rate has been steady above the average 'Euro'-country. Ever since the EU started taking shape and introducing the Euro there has been nothing but trouble. Each country feels cheated, and some large countries are not keeping up their end of the deal to stabilize the Euro (to keep it from devaluating, though it has not done this, yet). In the long run if all goes well for Europe, Sweden may miss out on some economic growth and oppertunities. But in the short-term it saves them a lot of political BS. (and many former Iron-curtain states are in the process of joining the EU which makes the Euro future much less secure) The Euro has not yet proven to be very good for the average consumer, and has increased political debate about issues no normal citizen is interested in. Descisions are not being made and if they are, many parties do not agree. I do not blame the swedish at all for voting against the Euro. (I would.) __________________ "Do not kill. Do not rape. Do not steal. These are principles which every man of every faith can embrace. " - Murphy MacManus (Boondock Saints)