My del.icio.us bookmarks for March 22nd through March 24th
These are my del.icio.us bookmarks for March 22nd through March 24th:
- Money As Debt – An interesting and timely take on the debt issue
- RSS blog – From Understanding to Using RSS – Pretty much everything you could possibly want to know about RSS and then some
- Rick Falkvinge: Why the US is collapsing – And the British economy isn't much better. Which might explain why the GBP/Euro rate is down close on 15% in less than a year.
- The Secret to Twitter, Part II – This is an interesting piece but it misses one essential ingredient – using FriendFeed as the way to disseminate the mountain of stuff that comes flying past in Twitter. FF allows you to follow what others are doing so make the overall context more useful
- WebScout: The many uses for Qik – More thinking about how Qik can be used in the real world.
- Fighting e-mail – Progress Report – Week 6 on Flickr – Photo Sharing! – What a great experiment by Luis
- Twitter Analytics | Venture Chronicles – Awesome Twitter stuff via Jeff
About This Post
Yes, I have been following the Pound Sterling’s decline against the Euro with increasing curiosity. From 1.52 pounds per euro at the start of 2007, to 1.28 today. That’s a remarkable drop, quite comparable to the decline of the US Dollar.
chart at Google Finance
Compare the SEK/Euro rate, which has been holding steady at between 9.0 and 9.4 SEK per euro – a much smaller span and more stable.
But I can’t find any cause for the GBP’s drop, other than the UK being tightly tied to the US politically. It’s true that there are Pounds Sterling in some currency reserves, but not an overwhelming amount – more like just enough to diversify a little.
Reply
that should have been 1.52-1.28 euros per pound sterling, sorry, not the other way around
Reply