The slide continues

Ok, now these fuel prices are really getting on my nerves. According to this article, the price of beer is increasing in Germany now too. I’ve already seen a 30% increase in the price of a case of beer here, I don’t really need higher prices combined with the current exchange rate for my next trip.

Unfortunately, the combination of fuel prices, the housing crisis in the US and UK, and the slumping dollar appear to be finally taking their toll on other economies. Stock markets have been reeling, a number of other currencies are vulnerable, and growth appears likely to slow in a number of key global economies.

Hang on, the ride’s likely to get rough.