Sean writes from Edinburgh:

I had €1.57 left over from trip to visit a mate of mine who was studying in Brescia, Northern Italy.
Had I changed it back as soon as I returned to Edinburgh I'd have £1.16, however I was too lazy. This has proven to be a fiscally prudent move, typical of my thrifty Scottish upbringing. Due to the falling pound it is now worth £1.73, meaning I'm nearly 50% up. Cause for celebration I'm sure you'll agree.
Coupled with falling house prices across the UK, this has led me to believe that by the end of 2009, my €1.57 should buy me a nice flat in the center of Edinburgh, and maybe some nice curtains.

categories: Europe's Financial Crisis

12:09 - January 8, 2009