Meathead
Diamond Member
- Jan 6, 2012
- 42,663
- 16,599
I believe you're confusing Greece with the UK. The UK has a large manufacturing sector and plenty of oil and natural gas in the North Sea.Now the question is: What does the UK make? What do they manufacture?--do they drill for oil, natural gas, etc.? It appears to me that the UK is a 100% consumer country. Personally I can't think of anything that the UK exports, meaning they will not benefit from the pound getting pounded, other than kill their own economy.
But you would have to be informed to know these things I suppose.