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Old 27.11.2017, 11:13
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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If the claim held any truth at all (with a not-so-short-term perspective) Italy would have dominated world trade 1950-2000, while it still had the Lira. Same for Zimbabwe and Venezuela in more recent years.
I believe that Marton's statement of "commonly held belief" is based on what we were repeatedly told by politicians and the financial pages of the press, back in the 1970s when the pound was falling against other currencies.
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