If the EU caused all the financial woes in Spain, Greece and Italy, why are the UK's financial bods so nervous about leaving? Surely the pound should soar each time Brexit is mentioned rather than plummet?
The latter is true...
But wait, we're not in the Euro/weren't planning to join - so indeed not a barometer!
Maybe one should look at Iceland for how to deal with a financial crisis.
They are in the EEA and follow EU rules, but have their own currency.
When the banking crisis hit they let their banks fail, introduced currency controls and partially compensated their citizens.
Not only have they paid off their debts, but now they run a budget surplus and aim to have a zero national debt by 2030.
Whilst maintaining public services and being in a free trade/movement area.
So if we're looking for 'barometers'
How's your life in Greece working out?I wish you a great life in Iceland
Euro/weren't planning to join
How's your life in Greece working out?
I dont spend my time whining about how everything is terrible in this country and much better everything is in other countries.
Unlike a certain person......
I would prefer it if this country had better summers though.....a nice 3 or 4 months of sunshine would be perfect, not too hot just predictable dry summers with good weather during the week and into the weekend. how cool would that be
Poor old notch..Pointless comparison.
Iceland gdp ranking 111th $20B
UK $2.64 trillion
Anyway, I wish you a great life in Iceland. Ive heard their national dish; Hakarl is rather an acquired taste. maybe its because its putrescent shark meat......Im sure you will love it
Yep, too many tourists - but tourism helped turn the economy around!I thought their national dish was hot dogs? I didn't enjoy Iceland much - a bit of a tourist trap.
For the UK to be successful in the EU, I think we needed to join the Euro. We were just too big to be outside and half the discussions/policy in the EU were all about the Euro.
According to brexiteers, they apparently knew what they were voting for and 'leave means leave'...I have to say this but how are people sleep walking into a hard brexit?
They realise it now. And have done for some time.When will Brexiters realise they have been conned by liars.
They realise it now. And have done for some time.
The question should be "when will they admit it?".
Answer - never. They would sooner bring utter destitution onto the entire country than admit they were wrong.
Not entirely - they will also blame the EU for punishing us.Until of course it happens, and then they'll blame the 'remainers' for all the repercussions!