Quote:
Originally Posted by merrylander
We have not heard the last of 'exits' since the EU was in trouble from the start. You cannot have all the EU countries trying to manage their finances when the Euro's value is set by a central bank in Brussels. That is one of the reasons why Ireland. Portugal. Spain, Italy and Greece got in trouble - in addition to other errors. Try and picture the Fed attempting to manage our economy if he value of the dollar was set somewhere else.
|
You see the thing about Scotland leaving is the sacred pound.
If I was in an otherwise safe democracy (like Scotland) I would never, ever get rid of my currency if it was one of the premier currencies of the world.
Even if they say they would keep it I would be concerned.
Some GOP mayor from Oklahoma this morning was saying Texas could leave the USA if they wanted to. They won't however. Those red staters would never give up their SS and Medicare.