Don't Cinch Britain to Europe's Sinking Ship

Don't Cinch Britain to Europe's Sinking Ship
AP Photo/Kirsty Wigglesworth

On our doorstep we have a vast and developing tragedy – caused by the folly of trying to impose a single currency on an area with different labour markets and different rates of productivity. Take away their ability to devalue – with their own independent currencies – and many parts of the EU have found it impossible to compete.

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