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Old 30.08.2019, 22:46
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Jim2007 Jim2007 is offline
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Iceland.

Good Euro trouble example is Greece that can't devaluate or go bankrupt. I wonder when that country will recover.

Edit: or what about Italy? I wonder which other EU country is looking forward to help them out.
The question was to show how control over a currency has benefits, you have not actually explained anything whatsoever - Greece and Italy don't even met the criteria of having control over it currency.

So to Iceland, did it manage to a void any recession by currency management, did it come out of any recession by using currency management???

We are still waiting for actually examples of currency management and recessions.....
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