qwert wrote:""The former US ambassador, Philip Lader, once said the UK will only be useful to the US so long as it has a leading role in the EU. Reinforced by Cameron's recent decisions, it does not. It's unclear if it will even be in the EU within 5 years. ""
Yes i belive that Germany and France now have more influence then UK. Economicaly Germany hold EU together. Withouth Germany EU will probably colapsed.
Well, that 5 year estimate could flip to UK's favor. Germany and France are playing a very dangerous game with their expansionary monetary policies. (I mean the independent and enlightened ECB's policies!)...
They might devalue the Euro to a point where the rising prices of consumer goods in relatively lesser developed EU member-states would offset the benefits of using the Euro.
Also, the potential for an incident similar to Greece's still looms in other countries--notably Portugal, Italy, and Spain. It really depends on how much debt those countries incur, how structural their unemployment is, how much future inflation will affect their domestic prices, etc. Remember, these countries can't print money to escape debts or generate revenue without taxing its people (like the US is doing).
At this point, the future is highly uncertain, so the UK could become the economic leader of the EU, or the Euro might be abandoned. It depends on too many variables at this time. Hell, it might be even better for the UK to leave the EU (sinking ship, perhaps).
