Sterling tumbled to an eight-and-a-half-month low against the dollar yesterday as investors, worried about the continuing fiscal difficulties of some eurozone countries, fled to the safety of the greenback.
What baffles me is that we can have most of the finance ministers of the EU with their pants in twist over the conventional wisdom of US-based investors. En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma