Sunday, December 28, 2008

Happy Birthday to The Euro


-
The common European currency (called the Euro) is now ten years old.

I remember it well. I was living in The Netherlands at the time in a beautiful little town named Eygelshoven. I got up early and went to the service station in Kerkrade just so that I could get my change in Euros.

Many smart economists (and myself) thought it was ill-conceived and doomed to failure. Well… Ok, I admit it. I was wrong.

But I do still think it was a good idea for the British to keep their own currency, the Pound Sterling.
-
-

LINK: http://news.yahoo.com/s/ap/20081228/ap_on_bi_ge/eu_europe_euro_at10
-
-
-
-
-
-
-
-