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Countdown to €/£ parity | 102 comments (102 topical, 0 editorial, 0 hidden)
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I get that part: Stoopid Furriners(TM) buy into British Ponzi scams with their own currency, which they then have to convert to £, which drives up the £. But why did that become so dramatically more marked in the mid-90s? The fun and games started in the early 80s with Maggie Thatcher, after all. So why this uptick in exchange rates in the middle of Bliar's first or second term?

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Dec 14th, 2008 at 04:13:14 AM EST
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Countdown to €/£ parity | 102 comments (102 topical, 0 editorial, 0 hidden)
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