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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Robin Plunder who wrote (92833)3/27/2008 5:51:38 PM
From: GST  Read Replies (4) of 110194
 
We are fast nearing the point where Americans simply will not be able to visit Europe -- the cost is already extraordinary and it seems on its way to simply being prohibitive. On top of travel costs within Europe, getting there by plane is now incredibly expensive, and all the while the airlines need even higher fares and load capacities to make money. If it has not sunk it yet, it soon will -- America is going broke in relation to the rest of the world.
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