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Very scary. And largely dependent on what the global markets deem your local currency to be worth in exchange for a dollar, and how much they will pay for your sovereign debt.

Even the UK saw under Truss that you can be one of the big players, a Top Six economy, but even the suggestion of unexpected future spending decisions can mean the funding of your health service next year has billions lopped off it.

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Matthew Clapham
Matthew Clapham

Written by Matthew Clapham

Professional translator by day. Writer of silly and serious stuff by night. Also by day, when I get fed up of tedious translations. Founder of Iberospherical.

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