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Euro passed $2.00, US Inflation at 35%, will you still go on holiday?

Euro passed $2.00, US Inflation at 35%, will you still go on holiday?

Mar 16th, 2008, 09:48 PM
  #1  
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Euro passed $2.00, US Inflation at 35%, will you still go on holiday?

How will this affect your travels? Will you still be able to travel abroad? (to Europe)

Since this is very likely going to happen in the not to distant future, what are your plans?
logos999 is offline  
Mar 16th, 2008, 09:57 PM
  #2  
 
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Since we have non-refundable tickets for 2 separate trips to Europe, we'll certainly go but will look for ways to tighten the budget while there -- B&B's, smaller rent cars, more sandwiches and fewer restaurant meals, public transportation rather than taxi,walking everywhere possible, free entertainment -- what else can we do?
crckwc1 is offline  
Mar 17th, 2008, 03:31 AM
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Hi logos999,

Actually, I'm still planning to move to Germany. My pension comes in USD. And of course this is the worst time in the world to sell my condo.

And yet -- I can't *not* do it. How will the exchange rate affect me?? I'll have a cheaper apartment, won't buy any clothes for a few years, won't eat out a lot, and will spend a lot of time on local attractions!

s
swandav2000 is offline  
Mar 17th, 2008, 03:50 AM
  #4  
 
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I you think this is going to happen, why don't you buy your Euros now at the current rate of $1.55?
Randy is offline  
Mar 17th, 2008, 03:53 AM
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Logos, Can you spell Schadenfreude?

Incidentally, inflation was down last month...
Zerlina is offline  
Mar 17th, 2008, 04:03 AM
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Gloat all you want, Zerlina...a lot of us are very happy to WAIT and stay home
Dukey is offline  
Mar 17th, 2008, 04:07 AM
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Still thinking about a move to Europe too (someday), but in the meantime while I'm still paid in USD, Europe is probably not close to the top of the travel list. Not assuming my only other option is to travel in the US either.

Rampant economic crisis aside for a minute, as I'm not qualified to talk about that, I think this next non-Europe (central america) trip we have booked is going to run about $1700USD (about 1100 Euro). Thats for 8 nights in a pretty nice ensuite room, airfare for two, 8 days car rental & gas, meals, and some attractions like ziplining on the volcanos and such. So, still willing to travel at those rates. I'm not sure we'd have even gotten air tickets for two for much less than that to Europe, based on threads I've been reading here.
Clifton is offline  
Mar 17th, 2008, 04:15 AM
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While I am definitely not happy with your scenario, I imagine I will still choose to travel whenever I can. Generally I factor costs, try to take care of as much as I can ahead of time (airfares, hotel reservations translated into dollars, etc.)

If I can afford to go, I do. Otherwise, I wait.

About the only absolute "no" for me is that I absolutely refuse to go into debt for my travels.

As of right now, I have a trip to Spain set for this summer, as well as another in 2009. Both will be prepaid as much as possible.
scdreamer is online now  
Mar 17th, 2008, 05:02 AM
  #9  
 
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The original post is more of a taunt than an honest question. Answering in kind, I'll declare, "There's always Butlins!"

http://www.butlinsonline.co.uk/


Fra_Diavolo is online now  
Mar 17th, 2008, 05:07 AM
  #10  
ira
 
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Hmmm,

If the USD drops to 0.5E, will that make the Boeing offer for the new Air Force tanker a better buy than the Airbus?
ira is offline  
Mar 17th, 2008, 05:12 AM
  #11  
 
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I though Airbus got the tanker order because they'd promised to outsource production to a low-wage economy.
flanneruk is offline  
Mar 17th, 2008, 05:32 AM
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I have been watching the Euro as I'm to move to Spain in June, I have tweaked the plan a bit because of the rate but even if it were 2 to 1 I'd still go and my rent would still be cheaper than what I'm paying in Hoboken.

As far as vacations my sis and her hubby and 2 kids have booked to visit in August and as low as the dollar is she says it's working out less than their last trip which was to Hawaii 2 years ago.
laartista is offline  
Mar 17th, 2008, 05:40 AM
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Yes we will stil go on holiday- but it will be to Asia where the dollar goes a lot farther, the hotels are better and the service is incomparable!
BillT is offline  
Mar 17th, 2008, 05:47 AM
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Yes, we will still travel to Europe twice a year. Leaving this afternoon for Zurich, as a matter of fact. These are business/pleasure trips that we've been making since the late 70's and have seen all sorts of currency fluctuations during that time. We just have to rethink some of our higher priced meal and hotel options.

(hi BillT) I will also continue to go to Asia where my dollar goes a bit farther.
simpsonc510 is offline  
Mar 17th, 2008, 05:51 AM
  #15  
ira
 
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Hi F,

>I thought Airbus got the tanker order because they'd promised to outsource production to a low-wage economy.

Only some of the assembly.

If the USD drops to 1/2 E (and equally badly against the GBP) will the US clothing industry make a comeback?

ira is offline  
Mar 17th, 2008, 06:03 AM
  #16  
 
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Nope.

We were in Italy in Jan. when the rate was $1.46, and that caused pain. Just last night we were talking about the fact we were lucky to have made somany European trips when we did.

Right now I'm researching Peru as a possibility. Airfare is also high to get there, but once on the ground prices are extremely reasonable. We've got the travel bug, and the world is a lot larger than just Europe.
julies is offline  
Mar 17th, 2008, 08:03 AM
  #17  
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What's impressive is that a 35% inflation doesn't sound too scary to most of the posters here.
logos999 is offline  
Mar 17th, 2008, 08:38 AM
  #18  
 
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We might be more worried if we thought your figure was backed by anything more than wishful thinking.
Fra_Diavolo is online now  
Mar 17th, 2008, 09:02 AM
  #19  
 
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Yes, I think most posters may be discounting the possibility of your inflation "projection"
enroute is offline  
Mar 17th, 2008, 10:20 AM
  #20  
CIB
 
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No. I will sit in my home and never go out again.

Whatever! From your previous posts, it seems like you need a financial forum, not a travel forum.
CIB is offline  

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