Post
Topic
Board Economics
Re: Im owner of wealth club and here is my forecast about global economy
by
KingsDen
on 05/08/2023, 12:50:45 UTC
Im owner of wealth club and here is my forecast about global economy

When I read the title of your thread, I expected to see your analysis of the global economy, but to a great surprise, you deviated and only mentioned Europe's financial weakness as a key to tourists attraction. Maybe next time you pay attention to how you title your articles.

Not only that, other factors to attract tourists are supported by various aspects of comfort, security, responsiveness of local residents and in Europe strategic places still have quite expensive prices, especially if newcomers who try the travel experience are minimal, need funds to pay guides .

You are correct. Anyone planning vacation must have set out a nice fund that is able to sponsor their vacation. So, weakness of a country's currency shouldn't be a major determinant of their vacation destination.
Moreover, as Europe's currency is getting weak, so also the currencies of other countries are getting weak. Weakness of fiat is a universal problem which the highly centralized government cannot solve.