Accentuating the positive, a very miserable positive

The turmoil in the world's financial markets is now (as we heard over the past weekend) beginning to affect Europe severely too, resulting in the Euro falling against the dollar and, incidentally, against the pound - my latest information shows a pound to be worth roughly 1.29 euros, as against 1.23 about a week ago. I won't be cheering too loudly though - who knows what any of these bits of paper ('fiat') money will be worth tomorrow!