A STUPID AMERICAN TELLS AN IRISH "WHY DO YOU HAVE EUROS? NOT BRITISH POUND?"

IDA Ireland CEO Martin Shanahan at CNBC Squawk Box: Investors See Green in Ireland A transcript of the actual exchange on CNBC is below: CNBC: How does the tax policy turn out such a string of great golfers, Graham, Rory...is it the tax, is this another tax, how does the tax affect the...it is a small place to have so many good golfers? Shanahan: It is the environment that is probably doing that. It is a pretty good place to live and visit and everything else. CNBC: What has the weaker euro meant in terms of tourism? Shanahan: So, I think, em, Ireland is a very globalised economy so we look to what is happening here as much as we do to what is happening in Europe and we look to what is happening in... CNBC: You have pounds anyway don’t you still? Shanahan: We have Euros. CNBC: You have Euros in Ireland? Shanahan: Yes. We have euros, which is eh... CNBC: Why do you have euros in Ireland? Shanahan: A strong recovery.... CNBC: Why do use euros in Ireland? Shanhan: Why wouldn’t we have euros in Ireland? CNBC: Huh. I’d use the pound. Shanahan: We use euro. CNBC: What about Scotland? I was using Scottish eh... Shanahan: Scottish pounds. CNBC: Scottish pounds. Shanahan: They use Sterling. CNBC: They use sterling? Shanahan: They use sterling. But we use euro. CNBC: What? Why would you do that? Shanahan: Why wouldn’t we do that. CNBC: Why didn’t Scotland? No wander they wanted to break away. Shanahan: They are part of the UK we are not. CNBC: Aren’t you right next to er? Shanahan: We are very close but entirely separate. CNBC: It is sort of the same, same island isn’t it? Shanhan: And in the North of Ireland they have sterling. CNBC: They do? Shanhan: And in the North of Ireland they use sterling. CNBC: It is just too confusing... Top Ten Stupid Things Americans Say To Brits    • Top Ten Stupid Things Americans Say T...   Top Ten Stupid Things Americans Say To Brits Presented by British Actor, Ricky Gervais on an American channel CBS in 11/03/08. Top Ten Stupid Things Americans Say To Brits