You are reading a single comment by @Stonehedge and its replies. Click here to read the full conversation.
  • I don't think it's untrue or even particularly controversial to say that the financial crisis caused far more damage to the UK economy than comparable European economies

    I'm not sure what you mean by comparable but places like Spain suffered hugely. It's still pretty weird now in some places when you go to places that were due to be developed pre-crisis and just got abandoned.

  • Spain, Italy and Greece were very badly affected IIRC. Ireland had to borrow and print gigantic amounts of money compared to the UK. Sweden wasn't in a great spot either.

    Its fair to say that the UK was particularly badly exposed to the crisis though. How much of that can be pinned on Labour I don't know.

  • Ireland had to ... print gigantic amounts of money compared to the UK

    Eurozone countries don't have independent central banks so it doesn't make much sense to talk about EZ monetary policy at the national level.

About

Avatar for Stonehedge @Stonehedge started