breakthrough this morning 1£ = $2+
Apr 18th, 2007, 05:12 AM
#43
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In all fairness to use the word collapsed when describing the US currency is a bit too strong...many observers said that last summer the dollar would fall to $1.50 to €1; as a matter of fact it had a bit of a rally....
These things indeed come and go and has to do with many complex factors...in many respects some will tell you the American economy is very very strong...unemployment is down among other things....as I said in my post above, one can argue whether the current policies of the US administration are good or bad...the point is one doesn't necessary use the strength of the national currency as an indication whether the economy is doing well or not. And in 2 short years, there will be a new administration perhaps with different economic policies. That remains to be seen.
These things indeed come and go and has to do with many complex factors...in many respects some will tell you the American economy is very very strong...unemployment is down among other things....as I said in my post above, one can argue whether the current policies of the US administration are good or bad...the point is one doesn't necessary use the strength of the national currency as an indication whether the economy is doing well or not. And in 2 short years, there will be a new administration perhaps with different economic policies. That remains to be seen.
Apr 18th, 2007, 05:33 AM
#45
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May I say having a 2 Euro for $1 doesn't mean it matters to Europeans.
It doesn't help anyone over there. Their gas prices are twice more than in US still.
So what good does it do for Europeans who don't travel to US? Not much.
It doesn't help anyone over there. Their gas prices are twice more than in US still.
So what good does it do for Europeans who don't travel to US? Not much.
Apr 18th, 2007, 05:55 AM
#46
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I posted this on the airlines website, but I think you guys should see this, too.
Round trip travel from MIA to CDG, dates, June 17-June 25. Prices: $1460 BA, $1482 AA, $1483 AF.
Travel reverse round trip: CDG to MIA, same dates. Prices: $696 BA, $699 AA, $835 AF.
Looks like the airlines want us to get use to the fact that the U.S. dollar is only worth half of the British Pound.
I think there is an airline conspiracy.
Round trip travel from MIA to CDG, dates, June 17-June 25. Prices: $1460 BA, $1482 AA, $1483 AF.
Travel reverse round trip: CDG to MIA, same dates. Prices: $696 BA, $699 AA, $835 AF.
Looks like the airlines want us to get use to the fact that the U.S. dollar is only worth half of the British Pound.
I think there is an airline conspiracy.
Apr 18th, 2007, 06:15 PM
#49
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xyz123,
What are your thoughts long-term about the dollar vs the euro? I have read some websites talking about how "this time it is different", that the dollar may never come back again.
Do you believe this, or do you think it is just part of the historical cycle where the dollar is currently down but in a few years it will probably be back up again? I'm curious on your thoughts. Thanks in advance.
What are your thoughts long-term about the dollar vs the euro? I have read some websites talking about how "this time it is different", that the dollar may never come back again.
Do you believe this, or do you think it is just part of the historical cycle where the dollar is currently down but in a few years it will probably be back up again? I'm curious on your thoughts. Thanks in advance.
Apr 18th, 2007, 09:05 PM
#50
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Well, good thing a bunch of the museums are free in London. Guess it'll be porridge and tea for meals. But we aren't putting this trip off for another year! And, hey, it'll make our prior week in Paris look affordable!
Sep 13th, 2007, 09:06 AM
#56
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Each year I do a 10 night trip to Great Britain. I pay for my flight and rail pass in $'s, hence no change. I stay in 35 pound B&B's costing me about $70. So I will pay this year $73. Lets see, max of $30. more. Think I can handle that. Oh, forgot, I came back with 244 pounds which should cover part of other expenses. I really look forward to my trips and an extra $200 or so is not going to change my plans. Of course I am an old guy, saved my money and can afford to spend what ever I want.
Sep 13th, 2007, 09:17 AM
#58
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It costs a lot more now to go to Europe from the US than it cost mewhen I first went in 1970 and that is to be expected.
EVERYTHING costs more now than it did in 1970 and that's to be expected, too.
EVERYTHING costs more now than it did in 1970 and that's to be expected, too.
