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charles charles is offline
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Default [EU] budget implications

In article ,
Terry Casey wrote:
In article 78bfda97-b11c-4310-9555-
,
says...

1953 pound worth 2.18 dollars we we'rent in the EEC or EU


How do you work that out? Exchange rates were fixed in 1953
as they still were in 1967 when Wilson devalued sterling
from $2.80 to £2.40 to the pound ...


he confused eighty with eighteen

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from KT24 in Surrey, England