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10 December 2011

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This is lunch...kebab sandwich. We do groceries at Carrefour just across the french side, which is five minutes drive from our new residence. The kebab cost 4 euro each. Slightly cheaper than in Geneva. I used to recall in the old days when the French still used their franc, things were way much cheaper but not anymore. With the current euro crisis, I wonder if they will ever go back to their old franc. Well just a thought. I am sure it won't happen as the Euro zone is trying to save their currency by coming out with a new tougher treaty to punish those rogue members that failed to control their public debt. Obviously UK being outside the Zone as expected did not agree to it as any tougher financial regulations imposed by the Union would adversely affect london's competitiveness as a financial centre. The right to issue your own fiat currency is a symbol of an ultimate sovereignty for any country and I doubt that UK is going to give that up easily.

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