World Economy

Mostly via Boingboing:

Amsterdam money changers won't buy US dollars because the currency is dropping so fast that they're scared they'll lose money.

Bangkok merchants now display prices in Euros, instead of dollars as they used to.

There's an amusing, informative, and short comedy sketch by an Australian duo, illustrating the sub-prime crash problem.

And, on youtube, a 7 minute documentary explaining what would happen if/when the US dollar crashes.

What's really scary is that the South African Rand is at a five year low against the dollar, which is plummeting against the Euro.

Comments

Bangkok business men following natural progression!

I've bn involved in the travel industry for a lil while now and I traveled to Thailand in December. The place is packed with tourists, mostly European. I worked for the leading online travel company in Scandinavia and Thailand was our biggest seller over all other destinations by 45%.

The other comments in your post might be true, but i can definitely vouch for the reasons behind the Thai switching the ads.

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