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NIESR: Double Dip Averted
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No! It's called sterling devaluation, regardless of your electioneering. Thank god that nuliebor wasn't able to get us into that club.
The depreciation in Sterling was a result of Government policy.
As for us remaining out of the Euro, thank God indeed, but also thank Gordon Brown. It was always obvious he had no appetite for the Euro and his "5 key tests" that would never be met were just a useful device for pacifying the Europhile members of his party.0
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