[78-L] What time Is It?

[Julian Vein]

Spats wrote:
> 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.
> _______________________________________________
Similarly, can someone explain why, when sterling was growing in 
strength against the dollar, HMV was charging such high prices for its 
CDs imported from the USA?

      Julian Vein