observer wrote:GreekIslandGirl wrote:Farage is a europhobe who wants to see the Euro fail because the UK cannot be a part of it. As a typical politician, with excellent rhetorical skills, he jumps on the bandwagon, not to (honestly) support Cyprus but to bash the Euro and cause hysteria to try and help bring it down.
No reason why he should support Cyprus - note the UK in UKIP - but real reason why he shouldn't support the Euro. It is a politician's fraud, without any economic sense.
The strength of the currency that a country uses depends on the strength of that country's economy. Could you seriously believe that the Cypriot economy is as strong as the German economy? As matters stand, there will be a never ending series of crisis as weaker economies ask the stronger economies to shovel 'loans' their way. The stronger countries, especially Germany, will get tired of this and demand to control the economy of weaker countries. This in turn will mean political control. Now, let me tell you about colonialism ......
Exactly!