[78-L] What time Is It?

Spats spats47 at ntlworld.com
Sun Oct 26 12:53:53 PDT 2008


Sings... 'I didn't know time it was...'

Well, here in London, we've just gone back one hour from British 
Summer Time to Greenwich Mean Time.

That, I do understand.

What puzzles me is hearing that the Global Economic Meltdown was 
initiated by sub-prime mortgages in the USA, that the US balance of 
payments is now incredibly negative yet, the pound sterling has 
tumbled versus the US dollar! It was almost $2 to the pound quite 
recently. Now it's $1.60!

I can see no logic in this whatsoever. Maybe it's the Obama effect! ;-)

More importantly, it will cost me more to buy 78s in the USA, now... ;-(

Earl.



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