Life on the Mekong and Other Rivers

Disclaimer: The views and opinions expressed in this blog, including strong statements in support of weinerdog-riding monkeys, are our own, and not those of the U.S. Department of State or the U.S. government.

Tuesday, April 22, 2008

Who wants to meet in Europe?







Ah, our strong dollar policy.

Perfect time to visit countries where everything is quoted in euros.

Given that so many of you financed your mansions with jumbo, no doc, interest only, 2 and 28 mortgages, it's not likely that the USG will do much to actually have a strong dollar policy besides stating that 'we have a strong dollar policy'.

But, a weak dollar helps US exports, right?

But it hurts ME!


Thankfully, the Gov't of Ukraine (probably with me in mind) still has a pretty good peg of their currency to the dollar. Unfortunately, most of Ukraine's imports don't come from the US, so prices are rising. Beer is still cheap, though.


And, happy to say we did hedge against the inevitable slide of the dollar by buying euros a while back, so that takes the edge off just a bit.

Not much, but a bit.

Maybe I'll bring cheap cigarettes and beer from Ukraine to sell in Croatia to try to make the trip a bit more affordable.

1 Comments:

At 10:21 PM, Anonymous Anonymous said...

Haha! You should definitely have packed a suitcase full of Marlboro's and Levis imitations to sell for sweet, sweet Euros. Take a second and pat yourself on the back for writing the only FS blog that seems to have any personality - aside from Prince Roy, that is.

 

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