Quote:
Originally Posted by Plooking
That is one of the falacies of the Euro, the assumption that a common currency could benefit all equally.
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Yes, and in trying to stick with case studies relevant to the in/out debate (rather than general economic theory/practice) I offer:
1. The Grexit issue continues more or less unabated following on from 12 months ago.
There is an interesting commentary below from a world reknowned economist.
Europe’s Attack on Greek Democracy
I feel that you won't agree with every premise therein, but it does make an interesting perspective.
Certainly, it is a well informed comment on the issues of 12 months ago which continue today, unabated and virtually non-debated in the UK.
2. Today, we have further mention of the buzz word "austerity" in the UK.
In truth, the UK has yet to implement such a programme if the definition is accepted of "reducing the national debt".
The UK national debt continues to rise.
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Dave
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