Comments by "gerhard7" (@gerhard7323) on "Why the Euro Prevents the UK from EVER REJOINING the EU" video.

  1. How so?
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  2. When you say the GBP has absolutely tanked can you say in relation to what specifically please? The USD, the Euro?
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  3.  @honeybadger6313  Over last five years the Euro is down 14.42% and the GBP 14.44% respectively against dollar. The GBP has lost 0.02 against Euro over last five years. The GBP did experience a big fall after the 2016 referendum granted when it voted to leave the EU, but it experienced a greater fall in 2007 when it was in the EU and it is currently in 2023 at roughly the same level it was in 2012 in relation to the Euro. True that future predictions for future UK growth from the OECD and IMF don't look great, but the economy has managed to defy those predictions in the past with the IMF forced to upgrade its prediction quite substantially last year saying the UK had "fairly robust" growth at 4.1% in 2022, "one of the strongest growth numbers in Europe" and despite its earlier predicting 3.2%.
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  4. Are you seriously claiming that the Euro over last YTD hasn't seen huge undulations either? Today, 24/2/23, if you were to hazard a guess, over the last five years, how much has the single currency and GBP each lost against the USD in percentage terms? Further to that how much might you imagine the GBP has lost in percentage terms against the single currency in that time? I await your response or any of those who've seen fit to agree with your comment.
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  5. The UK rebate was specifically referred to in EU accounting terms as 'the UK Correction' and it essentially came about because the UK as was contributing significantly disproportionately to the hugely wasteful, seemingly unreformable after decades Common Agricultural Policy.
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