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Old 15th Mar 2008, 10:35
  #17 (permalink)  
fractional
 
Join Date: Mar 2001
Location: The Palm
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sispanys ria,
You must be wealthy or totally out of your mind. EY, EK, QR or any other Gulf company is not responsible for the devaluation of the $, but then what does one do? Keep things as they are? Implode? Explode?
To me, your present income still covers your expenses otherwise, you wouldn't be having this speech.
The $ devalued 30 cents versus the € in the last 5 years, inflation and cost of living here (mainly supermarket stuff) went up some % and companies did not increase salaries greatly except at the very top (management level). Isn't this a paycut? Just remember and in simple figures. For a 50,000$ monthly earner, a yearly increase of 10% in foodstuff isn't the same for a 5,000$ one.
Keep standing where you are and bragging your unminced words and you'll see what you'll be in few years. What goes around comes around.
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