That’s it people, I’m of on my holidays. Two and a half weeks of not doing much except relaxing and waking up in a new port each day. I’m not sure how regular my updates will be (as if I have a schedule anyway) but rest assured I will have internet access at some point. I may even try some of this video blogging lark if I get the chance, but only if my pasty skin catches some colour, I do want to look the part! Oh and because I’ll be away I’m going to switch the RSS feed back to a full feed.
A Couple Of Thoughts To Leave You With
1. Yesterday my income was barely $1.00 eCPM in a niche where I’m paying (correction, was paying) over $2.00 a click. Me thinks that certain ad networks are now starting to take the piss (all in the name of the recession of course).
2. Why is the US dollar starting to slip against the British pound again? Every report to date has stated that the UK is in the worst possible position because of the credit crunch and yet even with huge amounts of quantative easing our currency is strengthening against the dollar? Why are people buying sterling? My guess is that the current UK government have shown that they are prepared to do ANYTHING for short term gain (and sod the long term consequences) and the markets have realised this. Strengthen, strengthen, strengthen, buy, buy, buy, ooops, total collapse of our economy. At least in America there is some notion of the medium to long term picture, short term pain for long term prosperity. I know where I’d rather be living at the moment.
8 Responses to “Holidays”
John
June 1, 2009
regarding British pound strengthening: British pound is definitely correlated to Euro, can’t be otherwise.
And even if you Brits still like to think that you’ve got monetary independence, that’s just bullshit from your politicians who want to play on some nationalist sentiment…
By the way UK Central bank already got a vote right in the European Central Bank (just to tell you that the pound is just an avatar of euro…)
|Paul B
June 1, 2009
Correlatiotion would suggest that they move in tandem. Look at the raw data. The pound has strengthened against the euro as well and there are plenty of cases in the past 3 months of the pound weakening against the dollar whilst the euro strengthens. But don’t let facts get in the way of a hugely over simplified opinion
|Paul M
June 1, 2009
Have a great Holyday Paul and take the good rest you diserve
|steven
June 1, 2009
What I heard is US is printing more than usual currency, that’s why the rate is slipping. Not an economist so no idea is it a good thing or not
|Paul B
June 1, 2009
Definitely bad for me. I need as strong a dollar and as weak a GBP as possible. The UK is printing money as well (well sort off) but it seems to be people buying into the currency that is upping the price, I’m stuck as to why people would see sterling as a sensible investment? Oh well I suppose if it gets much worse then at least I’ll get another cheap holiday in vegas!
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