Should Britain Join The Single Currency?
The debate has waged for several years now, ever since news of a single European Economic Union came first surfaced nearly fifteen years ago. The idea was simple, and focused on allowing multi-national European countries greater ease, and cost effective benefits when trading between countries. In a sense, the EEC was trying to implement an economic model similar to that of the United States, where amongst all fifty of the states there existed a single currency under a central federal bank that controlled the national interest rate level and other currency issues. Thus trade between the states was eased, promoting companies both with nation-wide interests, and those wishing to build from regional to nation wide platforms. However, since the official launch of the "Euro" in January of 1999, Britain, along with Sweden and the Dutch population, have chosen to remain isolated from this conglomerate, creating what many term a "two-speed" European economy. But why does the Britain......
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