Re:The Trade of the Century: When George Soros Broke the Bri...
by M2Ys4U on Friday May 16, 2014 @03:21AM
(#7754169)
>Falling out of ERM kept the UK out of the Euro, which was beneficial in the long run.
Perhaps. That's certainly conventional wisdom, but we have no way of knowing what the political or economical landscape would have been if the UK stayed in the ERM and was now in the Eurozone. 20+ years is a long time.
Perhaps. That's certainly conventional wisdom, but we have no way of knowing what the political or economical landscape would have been if the UK stayed in the ERM and was now in the Eurozone. 20+ years is a long time.