20thJune
Weak Dollar + Strong GBP = FDAT
Apparently, a recent study has concluded that London is the second most expensive city in the world to live. London is estimated at 26 percent more expensive than New York, and climbed three spots to second place on a strengthening British pound and steep rental prices.
The problem here is not how expensive London has become, it’s that we got beat by Moscow! Moscow??!?! I thought we nuked them into like 90 small fragment countries? Here’s a snippet of what that means:
Moscow, once a by-word for frugality, beats London not only in the property stakes – renting a flat costs £57 more a month – but also when it comes to a cup of coffee and newspaper. A daily dose of caffeine in the Russian capital will set you back £3.14, which puts the London cost of £2 in the shade.
Moscow has taken to its new-found status with great panache: it is now a city that revels in its image of brash decadence and sheer opulence.
There cannot be many other places where not only do they sell dresses made out of 500-rouble (£50) notes but people actually buy them too.
Ultimately, the dollar sucks and that is why these other cities have trumped NYC. For me personally this is a double edged sword. Because I have a lot of assets in the US, the decline in value of my assets sucks. On the other hand, I will be getting paid in GBP and so a strengthening pound helps me, but only if I want to take it and spend it in the US (which I do). I also want to make a dress out of dollar bills with a belt made out of nickels and strut it around Picadilly Circus. That’s sheer opulence for you, folks. I can sell you one but you have to get on the waiting list.
The research used New York as the baseline, which sort of confirms New York as the center of the world. I heart NY.

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