I have a theory on travel to europe...can anyone verify it?
Okay, so the € (euro)has not sunk down to where europe has become "attractive" again, but i keep hearing they are in recession (they=periphery nations). I expect, and my theory is, there is some deflation in prices of rooms and general travel necessities (cabs, food, etc.) is going on there under our noses. Can anyone validate my conjecture: is europe more attractive than the euro leads everyone to believe?
Im dying to go back there on vacation, but if there is true inflation and a strong currency, im waiting until the currency goes below $1.20/dollar. If it is a 1.30 currency and everything is deflated 10% im in!
Thanks!