Before I left, a wise and informed friend did question the logic in my leaving Mexico for the UK. He understands economics. He could see the way the wind was blowing. To be fair, the economic winds of ‘no spare’ change were already blowing pretty hard across Europe, and had been for a while. I didn’t disbelieve him. Nor was it simply a matter of ignoring him. I got his point. But we weren’t going to the UK just for financial betterment. Although improving our economic situations was something we hoped to do. Mostly, Mrs P needed to experience England.
My wise friend suggested we wait. The length of time we should wait wasn’t specified, but I did suspect (and may have responded) that the wait would possibly be a very long one. Years. Maybe decades. Now would probably be as good a time as any to go. Things might well get worse the longer we waited. I may have been right. Europe stands on the abyss. The common currency dream has turned into a nightmare.
I confess, I was – once upon a time – pro Euro. Although, like many things, I didn’t stand with both feet in any one camp. Single currencies haven’t historically fared very well in divided economies. The Scandinavians know that from experience. Perhaps it’s not ironic that Scandinavia kept clear of this one. The Euro was done in a half-baked way. That the UK stayed out isn’t is all likelihood going to help us much. I was pro Euro, but more in principle than is support of the coin that was eventually minted.
It’s crunch time though. Will the Euro survive? There seems to be growing doubt that it will, according to ‘experts’. I use apostrophes, which suggests I question their expertise – but there’s no arguing that there’s a large number of them. Those in power, namely Merkel and Sarkosy seem hell bent on proving them wrong however. And if the Euro goes, then what then? I suspect now might be a good time to actually buy Euros. There’d likely be an increase in value in its death throes. And will Mexico fare much better in the global catastrophe than will be caused by the implosion of the Euro? I’m interested in peoples views. Or you can just vote.