Quote Originally Posted by gaelic cowboy View Post
Personally I have no problem pegging to sterling, we had that before anyway our economy is hyper-plugged into UK. Just cos we track sterling does not keep me up at night we still get to decide to peg a currency, I don't see any need to go back to the UK neither side wants it anyway.

My problem is purely emotional in reality I will not vote for this

It's pretty obvious we will have to be eased out of the euro in order to achieve this plan, after the ecb gets its money back as it always wanted.

They cannot pass a referendum here now not a hope in hell, no matter how much they badger or how much debt they hold we still have to vote.

Since the plan calls for constitutional debt limits I suspect it is a way to remove Ireland from the euro, and if by some miracle we vote yes they still have what they want.

Personally I want out of the Euro we can all truthfully say it is no good for Ireland and I suspect that is what they really want.
Pegging into Sterling won't help you very well, it'll be like pegging into the Euro, unless you get either cheap credit or have a transfer Union.

Ireland can accept Euro oversight, de-couple and devalue, or snuggle up to the UK.

So... de-couple and devalue really.