A clip of a US financial show's anchor who simply can not fathom that Ireland's currency is Euros and not the British Pound has to be seen to be believed!
Back in 2014, the head of Ireland's foreign development agency, the IDA, was interviewed on the CNBC financial program, Squawk Box. The interview ended up being a little more rudimentary than he expected - trying to convince the anchors the Irish currency is Euros and we don't have the same currency as Scotland.
You can watch the interview here - skip ahead to 6:58 to get to the craic:
The clip began to recirculate back in 2021 when Chief Political Correspondent for the Financial Times, Jim Pickard, tweeted it with the comment "broadcasting at its worst and also best," and the reaction online was pure gold.
Martin Shanahan, the then-newly appointed COO of the IDA, was asked how “the weaker Euro” impacted tourism in Ireland. Before he could squeeze out an answer anchor Joe Kernen who said: “You’re pounds anyway aren’t you?”
Shanahan corrected him and a shocked Kernen exclaimed: “You have Euros in Ireland? Why do you have Euros in Ireland?”
“Why wouldn’t we have Euros in Ireland?” Shanahan replied.
“I’d use the pound,” Kernen said.
“We’ve had the Euro for some time and we’re very happy with it,” Shanahan responded.
But Kernen remained undeterred. “What about Scotland, I was using Scottish pounds,” he said, and Shanahan agreed that this different country did indeed use a different currency.
“What? Why would you do that?” Kernen said.
“Why wouldn’t we do that?” Shanahan responded.
“Why didn’t Scotland?” Kernen said.
Shanahan then delivered a geography lesson: “They’re part of the UK, we’re not.”
“Aren’t you right next to... sort of the same island?” Kernen said.
Shanahan then explained that Northern Ireland used the pound and this was too much for Kernen to compute.
“They do?!” he shouted. “It’s just too confusing,” he said.
After a different reporter tried to get the interview back on track again, Kernen interjected one last time and said: “Northern Ireland’s the pound. Oh my God, you guys gotta get it together over there.... It makes no sense, I don’t know... Northern Ireland should be the one not using the pound.”
“I’m not sure I follow your logic,” Shanahan said.
Many of the responses on Twitter praised Shanahan's patience.
One said, "He's very gracious, considering." Another wrote, "I admire the Irishman's patience and his tolerance for contact embarrassment."
In disbelief, another said "One of the interviewers had clearly recently been to Scotland, yet he was entirely unaware that Scotland used Sterling and was *also* unaware that Scotland and Ireland were separate land masses. And was apparently happy to share that with his audience."
* Originally published in 2021, updated in Sept 2023.