Blog/Uncategorized
Posted Nov 28, 2015 by Martin Armstrong
Thatcher knew the Euro would fail and stated bluntly that the “government believes in the pound sterling”.
“We had arguments which might persuade both the Germans – who would be worried about the weakening of anti-inflation policies – and the poorer countries – who must be told that they would not be bailed out of the consequences of a single currency, which would therefore devastate their inefficient economies.”
Categories: Uncategorized
