By all accounts, the transition to the Euro went without too much of a hitch at the New Year. Guilders, Pesetas, Francs and Marks will vanish from history as quickly as they vanished from shopkeepers’ tills. A little welling up of the eyes, a fond indulgence in nostalgia ensued as various peoples keep their last small change as mementoes of former economies. The dash from cash (old cash that is) seems complete as coins were dropped into charity boxes and larger amounts were spent on durable investments such as property and precious stones. Of course, the latter form of cash … Continue reading The United States of Europe
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