Monday, 22 November 2010

Clegg and the egg

In this case, the egg is the broken Humpty Dumpty of Britain's public finances, and Nick Clegg's long-held view supportive of our country joining the Euro, claiming it would be one of the best ways to "put Humpty Dumpty back together again".

As Iain Martin asks: is Clegg still in favour of our joining the Euro, especially after the news of Ireland's dire troubles from within the Eurozone? Both he and his party have a real question to answer on this, right now!

From what Iain reports, though, it would seem that only fuzzy evasiveness results from trying to find out the answer to that question:
“It is a theoretical question and it is not a decision for now.”
As Ireland is being encouraged to look at the possibility of withdrawing from the Eurozone, one does have to wonder whether there is now any credibility in the idea of the common currency or of anyone still promoting it.

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