Tuesday, January 08, 2008

Buying Power

An American friend was recounting her recent trip to Disney with the kids. It was fun, got really crowded around Christmas and there were tons for foreigners - specially Europeans. With a stronger currency they were having a lot more fun than the average American like my friend who had planned and saved for this trip for a couple of years. I guess it won't be long before foreigners over-run and out-shop the locals at their local malls. Travel to the States may actually peak before Black Friday. Shopping in NYC is a good start on the way to the outlet malls. I can't wait for some IT work to get near-shored from the EU to the US.

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