I was pointing out that the

I was pointing out that the sovereign debt crisis is not something under 'our (i.e.British) control, whatever form of government we might have. The EU crisis arises from bonds being issued in euros by countries of varying degrees of solvency. The proposed answer is to issue eurozone bonds, under the control of a federal authority in Brussels, backed jointly by all the eurozone countries. Although adversly affected by the crisis, the UK is not a member of the eurozone and isn't in a position to dictate a solution.

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