Posted By:Agatha
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Originally Posted by Airfix (Post 11479413)
The same thing has happened in other countries in ERM. Greece, Ireland, Spain, Portugal, Italy which are all now struggling.
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It happens because different national economies are pulling in different directions, growing / shrinking at different rates and one size does not fit all. |
That would be somewhat unwieldy to say the least.
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Monetary union cannot work well without political and tax union (like we've have had in the UK for centuries). And whilst the EU desires political and tax union, it's not quite there yet and has lost the popular argument for a federalised European superstate. |
Winning a popular argument through lies is not an argument against something.
McHrozni
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