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Countdown to €/£ parity | 102 comments (102 topical, editorial, 0 hidden)
Re: Countdown to €/£ parity (4.00 / 6)
If the UK joins the European Exchange Rate Mechanism it will become vulnerable to a Soros attack and, again, it will depend on the Eurozone's willingness to defend the exchange rate.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Carrie (migeru at eurotrib dot com) on Thu Dec 11th, 2008 at 04:59:01 PM EST

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Countdown to €/£ parity | 102 comments (102 topical, 0 editorial, 0 hidden)
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