No the Euro would have been a disaster for us as it's a system rigged in favour of surplus countries and against deficit countries, who bear the burden of any adjustment. We are a deficit countr… (View Post)

Absolutely right. But don't forget the biggest benefit of #3 - that failing businesses in low productivity areas leads to labour and capital being redeployed to more productive and efficient sec… (View Post)

Mid-term polls and leader approval ratings are uncorrelated with subsequent general election outcomes. (View Post)

And nurses, like everybody else need to increase their productivity so they can be paid higher wages. (View Post)

I agree to some extent, but that's only one of a large number of factors, many interlinked and many to do with government - insufficient competition - poor infrastructure - poor skills and train… (View Post)