GETTING RICHER BY THE DAY (May 17, 2012)
The American dollar and the British pound plummeted in the wake of the stockmarket bust four years ago or so. In terms of the Croatian kuna, the currency in which I spend my pensions earned in America and Britain, I lost about thirty percent of my wealth. But the dollar and the pound are coming back as of late. The American economy is far from healthy still, but it is edging upward. The British economy is still in the doldrums, but the pound is now used as a haven from the euro, which is spiraling downward. As the Croatian kuna is following the euro, I feel that I am getting richer by the day. But it takes a little effort to remember that I am only regaining, albeit slowly, what I have lost in a few weeks. After a slump of about four years, it may take me quite a few months to get back to where I used to be in terms of wealth. One way or another, this pensioner is kind of happy at the moment. Go euro, go!