Reserve currency before the beginning of the worldwide credit crunch related recession and Eurozone crisis, which harmed the euro and slowed its adoption. Since 2009, the reserve currency use of the euro has continued to drop, down to 23.9 percent in 2013. The Dutch guilder was the "de facto" reserve currency in Europe in 17th and 18th centuries. The United Kingdom's pound sterling was the primary reserve currency of much of the world in the 19th century and first half of the 20th century. The emergence of the USA as an economic superpower, and the establishment of the U.S. Federal Reserve System
Oldest town in Britain fact that it never was an Iron Age or Romano-British town, but at its core was and is the oldest still continuing town to have been established and developed by the English. It has an unbroken history of community as a town since early Anglo-Saxon times. In this claim, During the Migration age Germanic customs, the roots of the English language and the distinctive industrial arts and construction techniques of the northern continent were transplanted into eastern Britain. Industrial activity ceased to follow Roman models of organized provincial distribution, but (in the absence of a money currency) reflected more localized