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Canny Brits cashing in on weakened dollar
Bulldog & Peter, (and JFM) - Pool your money, guys and come to Florida! And then we can Welcome You Home!| Gotta make a stop in DC too... |
Thousands of Britons are cashing in on the weakness of the dollar by snapping up a host of cheap goods in the United States. Property agents in Florida say that the dollar's price is now so low that houses are devaluing by the day and the market cannot meet the increased demand from Britain. Analysts say that American diamonds, cars, clothes, electrical goods and DVD's are all excellent value for Britons this Christmas and consumers are making the most of the favourable exchange rate. With the dollar expected to hit two for the pound in the New Year, many people in Britain have decided to sell up in traditional holiday hotspots like Spain and France and buy in the US.
Posted by: anonymous2U 2004-12-14 |
