Surely, it was one of the greatest escapes in Britain’s history.
If we had been foolish enough to go into the European single currency we would be in an even more dire economic situation than we are now.
The euro’s lower interest rates would have made money even cheaper and easier to borrow during the boom, making the recession deeper when the bubble burst and more difficult to get out of.
If we had been foolish enough to go into the European single currency we would be in an even more dire economic situation than we are now.
The euro’s lower interest rates would have made money even cheaper and easier to borrow during the boom, making the recession deeper when the bubble burst and more difficult to get out of.
