_ All EU nations indicated that they might join the intergovernmental agreement about the currency — except Britain. David Cameron adamantly refused. He said he wanted protection for Britain’s financial sector that produced about 10% of the country’s wealth. But really he was objecting to entering into anything run by Germany.
This is understandable after fighting two world wars against Germany. But this time England can’t play the America card the way Churchill did with Roosevelt. America doesn’t care what Europe does as long as the market likes it. We want to avoid another recession ourselves.
So David Cameron can go bark up his own tree.
This is understandable after fighting two world wars against Germany. But this time England can’t play the America card the way Churchill did with Roosevelt. America doesn’t care what Europe does as long as the market likes it. We want to avoid another recession ourselves.
So David Cameron can go bark up his own tree.