Quote:
Originally Posted by heero_yuy
A surefire stimulus to the UK economy. Everybody agreed the pound was overvalued. Yet another post adhering firmly to Sturgeon's Law.
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Yes, one of the reasons so many countries in the EU have suffered so much. Germany loves the Euro because it keeps their exports far cheaper than would be the case if they had retained the DM. Of course the likes of Greece, Spain, Italy, Portugal etc. would benefit from being able to revalue their currencies and set their own interest rates but they can't. They suffer whilst Germany exports more...