6.26.2019

Weak crown gives empty shelves

Sweden, which is one of the countries in Scandinavia, has chosen to stand outside the European currency cooperation Euro.

Today, Sweden is a "low-price country" when it comes to luxury goods because of mainly 2 factors. One factor is Sweden's weak crown. Another thing that affects is that Sweden has no "luxury tax" on imported top notch products.

During my visits to these stores like this I have seen Chinese, Russians and Americans tourists completely emptied for example the Louis Vuitton store.

After these tourists have visited the store, it looked like a bread shop in the former DDR.

-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

It gets harder before it gets easier

I sincerely hope that the world's most perfect teenager passed his Spanish test yesterday and gets the first diploma of his life. Hopef...

  • Money for nothing
    The best month of the year is finally here, January. Not only due to my birthday, more importantly the largest dividends of the year. Ja...
  • Say what lasts forever
    I hoped that even today I could wake up to notifications that money had been entered into my account. But no. I'd rather sleep like Scro...
  • Veni vidi vici
    In my eagerness to buy securities to update my new Google Sheet, I almost bought the wrong securities. Fortunately, the purchase did not go ...