Tuesday, October 18, 2011

Letter of the day

Sir,..Themistocles had a problem raising taxes from an island called Andros, and told them he had two great gods to aid him, Peitho (Persuasion) and Ananke (Necessity), and that the Andrians must therefore pay up. The Andrians replied, "We have two unserviceable gods who never quit our island; namely, Penia (Poverty) and Amekhania (Helplessness). Since we are in the hands of these gods, we will give you no money. Your power can never be stronger than our inability."
This was 2500 years ago (and the currency then was the drachma). I have two questions: first, will the Greeks pay even 20 per cent of their euro debts? Second, will the euro last 2500 years?
Richard Ronald,
Ronald Associates
Hemel Hempstead

Today's FT


Anonymous kinglear said...

The answer is no and no. Anything with the name Euro in the title has been a disaster since the word was invented

9:20 pm  
Anonymous kinglear said...

and PS have you ever been to Hemel Hempstead? I was there for the first time in my life last week and I sincerely hope I never have to go back!

9:22 pm  
Blogger Winchester whisperer said...

Yes and no, KL!

7:56 am  

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