PPRuNe Forums - View Single Post - Scottish Independence vs Military assets
View Single Post
Old 12th May 2021, 11:32
  #40 (permalink)  
Not_a_boffin
 
Join Date: Apr 2006
Location: Portsmouth
Posts: 530
Received 174 Likes on 93 Posts
Originally Posted by SaulGoodman
the Cloggies and the Boxheads are actually very happy happy with the Euro. As exporting nations they benefited greatly from a shared currency as their previous own currency was much stronger..
Artificially low is one thing. Stable is another. Might also be a bit of an issue if you import energy priced in dollars (or even roubles for that matter).

At some point the Northern European taxpayers - and financial institutions - will tire of supporting the rest of the EU. Which is why yet another net spender (like Scotland) may not be as welcome as they'd like to think when there are a diminishing number of net contributors..
Not_a_boffin is offline