Don´t for a moment think it´s all wine and roses in Euroland!
In the last few months we have lost 17% in value importing UK pounds to Spain; we had a new set of wheels on order - getting the figures from the bank here (Spain) and making the exchange and bank %age calculations over that weekend resulted in cancellation ; Mr Ford lost another sale.
Car sales in Spain have fallen by about a third, month on month, and the housing industry is on its knees. The second largest Spanish building company collapsed last week. Banks are becoming less safe than the underside of your mattress. Everywhere you hear complaints about the high €; the Sunday Times this week told the tale of a village in France which has started to accept the French Franc again - they have a further year or so where they can be exchanged for Euros - and the locals there were far from happy with the € either: they claimed to have lost their identity through it. Too true.
The trouble with the € is that it is a bastard currency dreamed up by politicians seeking the ultimate power trip: to be Mr PRESIDENT within a new United States of Europe, something which flew in the face of all the individual nationalities but was fudged, time after time, by most politicos denying their people a referendum on such matters. The people of Ireland, allowed such a vote recently, said NO!; so what now? So now, Mr Bloody France (Mr Carla Bruni), is pressuring them again to vote again UNTIL THEY GET IT RIGHT!
That´s why your dollar sucks, why the quid isn´t worth squat. Oil prices? Our masters (UK) make 70% out of taxes on each sale. Not a fixed price per litre, oh no, a percentage, so they can milk you for suckers as the oil producers and, worse, the futures speculators who don´t even own a pump, play games with your future and mine.
Don´t blame Phase, don´t blame any manufacturer - they are all hostage to the madness of politicians on ego trips.
And it isn´t anything new. I can remember during the rule of our old friend Harold Wilson, making estimates for the production of company calendars. Every quotation had to be protected by a line saying that final price on delivery would depend on rate of inflation at that time. Imagine trying to sell that package to a client in February for delivery in December! I had to.
Rob C