
English: East entrance of HM Treasury Français : Entrée Est de HM Treasury (Photo credit: Wikipedia)
This is an excellent article from Ambrose Evans-Pritchard, published in the Telegraph. It’s a recommended read. Check it out!
via George Osborne tells Europeans to pull their socks up if they want to keep Britain – Telegraph.
There are some brilliant cameos, especially of UK Chancellor.
What seems obvious is that the European political establishment will be under increasing pressure in the next few years. Similarly, the Euro looks highly likely to be challenging new lows against other major countries.
I still struggle to see clearly who will be the winners and losers in Europe over the next few years. Some clear winners, like German exporters, are obvious. But much depends on the composition of the next government in Greece.
Thoughts?