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echo: dads
to: Ward Dossche
from: Sharon Coyne
date: 2004-09-13 10:02:36
subject: A Day in a parents life

>> WD> Europe at the moment is expensive for Americans.

 >> It would be expensive for Americans, but not their own country
 >> people? I don't understand that.

 WD> Quite easy ... you need to exchange US$ into Euro (even when paying by
 WD> credit card that is what happens). At the moment it is roughly
 WD> "1Euro=1.22US$". So you're losing already in that single deal.

 WD> On average prices for many things here are a lot higher per unit here
 WD> than overthere. Let's say a pair of Levis ... pay here 45Euro or so
 WD> ... times 1.22 is $54.90. A loaf of bread costs E1.70 here, so you pay
 WD> $2.07 etc...

 WD> It's a weighing of two currencies and two economies versus eachother.
 WD> The US-economy is not doing good and the currency is even worse. That
 WD> does not affect you as an individual as long as you can buy American
 WD> stuff, produced in America with local raw materials. The moment you
 WD> need to shop abroad you see the price-hike.

Ok, I see what you mean. I guess it is good then that traveling to Europe or
anywhere else is just a dream right now. :-)


 WD> Do not believe the politicians saying that your economy is healthy.
 WD> Go travel to Europe and find-out the hard way.

I don't believe much of anything those politicians tell me except maybe their
names. Even then I'm beginning to think I should ask for proof of that.

Sharon

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