Travel agents need to be more agressive in getting European tourists to take vacations in America. Did you know that with lower prices anyway, coupled with the low dollar, a Swede could postpone buying two pairs of jeans and a nice camera and instead buy a round trip ticket to the USA, buy the stuff over here, and come out even?
The Euro, the Swedish Kronor and the Russian Reble have all gained lots of value in the last year against the dollar. If the US goes crazy and bombs Iran then you can expect the value of the dollar to take a tremendous nosedive.
|