Wednesday, October 20, 2010

Chafings in my rump from this slide ride

The US Dollar is on a fast slide down and the ride apparently is not over.
Meanwhile the Thai Baht is taking the express elevator in the opposite direction.
They are trying to slow the elevator down, but the breaks are malfunctioning.
Where is  the instruction manual?

I've had to make cutbacks in my budget.  The choice was which luxury to do without.

Hopefully the ride will be over at some time.  Until then I may have to consider more cutbacks.
It's not drastic yet.  I'm tightening my belt for the moment so I can splurge on my upcoming birthday.
Just hope the money ride doesn't end in the sewer.
I'd hate to have to pack up and move to an affordable alternative.




From the looks of things, other currencies aren't faring much better.
The AUD experienced a bit of a drop earlier this year, but has fully recovered.
I'd expect more visitors from Down Under, than from Europe or the U.S. this season.


Related Readings
Finance Ministry alerts operators with dollar weakening situation National News Bureau of Thailand NNT

Stronger Thai baht affects economy National News Bureau of Thailand NNT

Baht's rise may lower GDP growth by 1 pct The Nation

It's important to keep calm. 
If that doesn't work try this

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