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It could also be that having a sovereign currency and not the Euro means they can call the shot themselves.  A dozen years ago, when Iceland was trying to dig out of the Kreppa, joining the Euro was floated as a solution.  I told friends, "You don't want to do that.  The ISK may be in a crater, but at least you have the last word on what it is and what it's good for."
by rifek on Mon May 10th, 2021 at 02:05:42 PM EST
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