Opinari.net
Opinari - Latin term for Opinion. Opinari.net is just what it seems: a cornucopia of rants, raves and poignant soliloquy. |
Monday, September 15, 2003
Swedes show their nationalism by voting "no" to the euro. Good for them. If they want to stick to buying and selling in kronas, they should have that right.
What I find intriguing is the fact that they voted on it in the first place. The Swedish economy is outperforming the Euro zone (1.5% GDP growth vs. .5% for 2003), and interest rates are headed up as the economy has picked up the pace. Advocates of a united currency in Europe were foolish to time their calls for a referendum now. Perhaps when and if the krona was in the tank, a strong euro would be a more alluring prospect.Labels: Archives_2003
.: posted by
Dave
5:39 PM
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