What a great club to be a member of - plus the same idiots now who argue v Brexit stated it was so vital we joined the Euro........What Bruce said. Italy are in a pickle, and their Government wont do what the EU/Germany/France want them to do.
And Italy know they are too big for an EU/Euro bail out a'la Greece/Portugal etc.
So, the price (The Spread) Italy have to pay to borrow/issue gilts, have widened to alarming levels.
Massive fudge incoming.
We would have been in a right mess now with no powers to use quantitative easing of our own currency........
Thank goodness Gordon brown ignored Blair and kept us out of the Euro .......
and yes it does matter as this is what the EU like to impose on countries a currency of which has hurt most members...... apart from the elite few.........
