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Britain should worry about its own currency union

Posted on 09 May 2013

Britain is blessed in having an integrated economy and the ability to depreciate sterling. The eurozone, by contrast, is cursed by its fragmented nature, internal contradictions and fixed exchange rates for individual members.
Stuff like this is said a lot in the UK. Lord Lawson, a former chancellor, even argued this week Britain would be better off outside the EU. We should be more careful………………………………………..Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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