Thank fook we're not in the Euro.
"“Gilts are doing well because Britain is not in the euro zone,” Russell Silberston, a money manager at Investec Asset Management Ltd. in London, said in a Dec. 19 telephone interview. “The U.K. may not be in a much better shape than countries in that region, but it has its own currency and monetary policy to deal with the problem. Investors are willing to pay premiums for that.”
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U.K. Bonds Prove Best in World as Cameron Sidesteps Stresses in Euro Area - Bloomberg
How soon before the Germans decide the Euro is too much trouble?
"“Gilts are doing well because Britain is not in the euro zone,” Russell Silberston, a money manager at Investec Asset Management Ltd. in London, said in a Dec. 19 telephone interview. “The U.K. may not be in a much better shape than countries in that region, but it has its own currency and monetary policy to deal with the problem. Investors are willing to pay premiums for that.”
"
U.K. Bonds Prove Best in World as Cameron Sidesteps Stresses in Euro Area - Bloomberg
How soon before the Germans decide the Euro is too much trouble?
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