Quote:
Originally Posted by scottybuzz
I wish we would have joined the euro, but sovreignty makes that pretty unconvincable. Still as a result of staying with the pound, we can now easily control fiscal and monetry policies. Dont be too surprised if the pound bounces back strong.
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You right about the "better control" thing but cutting interest rates isnt going to help if the banks dont pass it on..... as regard the pound bouncing back strong, well thats not gonna happen for a long time to come.
If things deteriorate too badly, we may end up joining the euro anyway (if theyll have us).