If you were thinking of leaving the US if Obama wins, Australian is now much more affordable. If my PPP estimate is correct, an American travelling in Australia should find that things cost about the same there as they do here. As recently as last July things probably cost about 40% more in Australia. This is good news also for those of us who like Australian wine.
Monday, October 20, 2008
Aussie dollar comes back to earth
If you were thinking of leaving the US if Obama wins, Australian is now much more affordable. If my PPP estimate is correct, an American travelling in Australia should find that things cost about the same there as they do here. As recently as last July things probably cost about 40% more in Australia. This is good news also for those of us who like Australian wine.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment