Blogging from the Highlands of Scotland until I return to the Murcia region of Spain
in the Autumn for a month or so

'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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