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View Full Version : Devaluing the Pound Isn't a Solution, It's Default - Bloomberg



NewsWhore
07-04-2012, 07:50 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFAqXfHc12RSjcDFIXnfrrpmmPWyA&url=http://www.bloomberg.com/news/2012-07-04/devaluing-the-pound-isn-t-a-solution-it-s-default.html)


Devaluing the Pound Isn't a Solution, It's Default (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFAqXfHc12RSjcDFIXnfrrpmmPWyA&url=http://www.bloomberg.com/news/2012-07-04/devaluing-the-pound-isn-t-a-solution-it-s-default.html)
Bloomberg
Greece's inability to devalue its currency is often cited as a reason for the extreme economic pain its citizens are enduring, and many commentators say the country should return to the drachma to restore competitiveness. ... the Republican- inspired ...

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