The Falling Pound Raises Fears of Nationalization

Quote from jueco2005:

The brits were the first to develop "central bank". It would be interesting if this bank fails. WHAT A MESSAGE for those of us who love monetary freedom.
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You're not thinking ahead. National Central Bank failures is part of the process. Have you forgotten that there is a continental central bank in Europe?
 
Quote from Anaconda:

You're not thinking ahead. National Central Bank failures is part of the process. Have you forgotten that there is a continental central bank in Europe?
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So you think this gives an advantage to the euro?

How can they bring more consolidation if their most centralized CB fails.
 
Quote from makloda:

It's all good. Instead of having to deal with unfriendly Eastern European waiters with no English language skills whatsoever in the Mediterranean, I foresee an increase in boarding school educated British staff as they get fired at home and get hired for 4.50 EUR an hour jobs in Spain, France and Italy :cool:
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There was an article yesterday about former bankers doing the ski season as employees. Google news finds it...

http://business.timesonline.co.uk/tol/business/career_and_jobs/article5555585.ece
 
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