The post you are reporting:
Paul, well Howard actually said it, but before reading his comment, I was about to point out the riots in Greece, where a new bail out is on the agenda, the previous one not having worked (enough?).
This of-course means even more tax-increases and austerity in Greece, which is a Eurozone member. The Greeks don't seem at all happy about it.
Ireland is not usually mentioned on the news, but it does seem that the economy does not look as bright there as, say, in Germany or France.
Now let's add Portugal to the equation, and not even look at Spain and Italy's looming debt explosion, and ask ourselves if, by joining the Euro, we'd not be binding ourselves to masive participation "a la Germany et France" in future Eurozone bailouts.
Just think, Britain joined the Europ, and the next day Spain and Italy appeared grinning with a bailout demand. Now let's forget Portugal and Belgium, which by comparison have peanuts bail outs.