Blogging from the Murcia region of Spain until early June, when I return to
the Highlands of Scotland for a few months

'Fair and softly goes far' - Miguel de Cervantes

Monday, 6 October 2008

Accentuating the positive, a very miserable positive

The turmoil in the world's financial markets is now (as we heard over the past weekend) beginning to affect Europe severely too, resulting in the Euro falling against the dollar and, incidentally, against the pound - my latest information shows a pound to be worth roughly 1.29 euros, as against 1.23 about a week ago. I won't be cheering too loudly though - who knows what any of these bits of paper ('fiat') money will be worth tomorrow!

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