Thursday, September 18, 2008

Oh That Expensive Euro

The falling U.S. dollar has hurt the U.S. economy in many ways, but one way that you may not think about it actually "helping" the U.S. economy is foreign travel. As the dollar falls (and the Euro rises), less Americans are traveling abroad, keeping their disposable income at home. On the other hand, many Europeans are traveling to the U.S. where their money goes 1.5 times as far!

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