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Re: Thursday, May 3, 2007
Thanks.
Deficit spending is a huge contributor to the tanking dollar. Huge foreign debt is another. I am also sure that a failure of confidence in the U.S. economy (as well as the government) is another.
The question I meant to ask, but didn't, had to do with the U.K.'s decision to stay with its own currency. Was that part of it as well?
Unfortunately for this trip the Knightsbridge Green (among the "cheapest" hotels in SW3) was an independent variable -- planned (not by me, though it doesn't matter) months ago. On future trips I'll economize around location as well as other considerations.
Trust me, this is the last time I'll stay there. And not just because of the cost.
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