Lemain
regular
Reged: 31/01/2004
Posts: 5972
Loc: Fiumicino canal (Rome, Italy)
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Re: Best currency after leaving europe
01/05/2008 14:05
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Quote:
I dont think the euro will remain strong.I live in Europe!I see more people than ive ever seen stop spending!I mean everyone the average.
At the markets im BUYING fruit & veg with cash as a skipper while others that used to comment on my economy are takeing the leftovers i used to take.
Yes, this is valuable 'real' information, not those bogus stats. A chap berthed next to me makes marine and RV LEDs. He tells me that the market started to fall last year and this year it's dead. His main business is German, French, Italian, Swiss, Nordic motorhome and caravanners touring Southern Spain. I have hardly seen any vans around here this winter - usually there are dozens of them. Far fewer tourists of a certain kind than usual. 'This' kind of tourist is probably careful with his money and stops spending in lean times, rather than borrowing to keep spending? Anyway, this is a little more 'real' data from the 'real' economy.
-------------------- My daily blog on the current financial crisis is at:- http://davidscompass.blogspot.com No PMs for now ybw1.20.lemain@spamgourmet.com
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