Downturn in Aviation

[HeyEng]

As Bill Maher said:

New Rule: Let's not get rid of the penny....let's just rename it the "dollar".

 

[derg]

As Bill Maher said:

New Rule: Let's not get rid of the penny....let's just rename it the "dollar".

You know, I'd laugh, but traveling overseas really brings the gravity of our economic situation home.

Heck, I paid 20EU for a meal last night, thinking, "Well, that's about what I'd pay at home!" Shoot, that's almost $33 USD!

Or happy hour in Crawley. 2 GBP for a beer, a deal yes? Hell, that's over $4 USD!

 

[SpiraMirabilis]

Not to mention if you're not prepared with cash on hand your credit card company puts insane fees to pay in Euros for each transaction.

 

[HeyEng]

You know, I'd laugh, but traveling overseas really brings the gravity of our economic situation home.

Heck, I paid 20EU for a meal last night, thinking, "Well, that's about what I'd pay at home!" Shoot, that's almost $33 USD!

Or happy hour in Crawley. 2 GBP for a beer, a deal yes? Hell, that's over $4 USD!

I have noticed too how my per diem overseas has escalated over the years. A couple years ago you got about $65 bucks a day in Germany, now it's $142!!!

The dollar is getting the crap kicked out of it!!!

 

[HeyEng]

Not to mention if you're not prepared with cash on hand your credit card company puts insane fees to pay in Euros for each transaction.

Speaking of that, I did notice that my latest statement had a "foreign transaction fee" tacked on there too...on top of the "after exchange rate" charge!!! Bahhhhh!!!!

 

[LoadMasterC141]

I have noticed too how my per diem overseas has escalated over the years. A couple years ago you got about $65 bucks a day in Germany, now it's $142!!!

The dollar is getting the crap kicked out of it!!!

It was $112/day in Frankfurt when I left in 98 and quite bit less, wanna say 80 somethin, in Ramstein. Musta gone down at some point?

Doug, GBP? Is that Great Britain Pound? Never saw that one before.
Call it Quid and be kewl! :laff:

 

[derg]

Quid!

I remember when Kristie and I first met Iain over in London, "yeah mate, there's the opening of the queen's stateroom, it's ten quid"

"Quid?"

"Quid."

"How much is a quid?!"

 

[LoadMasterC141]

Buck? What the heck is a buck?

 

[HeyEng]

Loving your signature, load!!! You speaketh the truth!

 

[HeyEng]

It was $112/day in Frankfurt when I left in 98 and quite bit less, wanna say 80 somethin, in Ramstein. Musta gone down at some point?

Doug, GBP? Is that Great Britain Pound? Never saw that one before.
Call it Quid and be kewl! :laff:

Yeah, I was trying to pull up the rates from the DFAS website, but it's being a pain in my butt. Government website not working well? Go figure.

 

[PanJet]

Don't you guys all get it? Marx was right!!

 

[kellwolf]

Champion doesn't count. What a POS with awful payscales, flying an uneconomic dinosaur, that one isn't a suprise.

And they were owned by NWA in contract negotiations. That's sorta a step in the wrong direction anyway.

On the broader note, I think we're doing ourselves a grand disservice by saying $XXX/barrel oil. It's more like "valueless dollar trying to buy oil on the world market"

There's no supply problem at all. Just that the Feds continually "dropping interest rates to jumpstart a stalled economy/lessen the blow for the house flippers with the subprimes" finally came home to roost, in a bad way.

But....but....it's the American way for the government to bail out bad investments!

For the record, I've been keeping track of home sales in my neighborhood since I'll probably be looking to sell in a year or two. The longest I've seen a house on the market in the area was 4 months. They're all starter homes, no flipping and under $100K.