Devalued Pound creates Shopping Opportunity for Europeans

The 10% drop in the value of sterling against the Euro/Danish Krone is an interesting arbitrage opportunity to get hold of cheaper goods.

For example, I'm a great from of the leisurely, comfortable trip by ferry on the Esbjerg to Harwich route between the UK and Denmark. You can get a cabin, and a decent nights' sleep, then when the fixed price breakfast comes around next morning enjoy a huge Danish buffet selection of breads, meats and cheese. All very relaxing stuff.

Given my work move, I need a ticket and the UK DFDS site quoted me £203 for a single journey to Harwich. The Denmark DFDS site quoted me 2300 krone for the identical ticket, or 15% MORE, when you realise the exchange rate is now 9.93 krone to the pound.

I reckon they set their prices before the decline. It'll be interesting to see when they equalise the distortion. For now though, I took it to mean I should book up the meals as well, and the ticket still worked out cheaper than the Danish price!

Going Ingen MOMs, Going Ingen MOMs...

It's not just goods that I try to help people paying "Ingen MOMs" for in Denmark.

Soon I'll be going "IngenMOMs" myself, by which I mean, following a number of devastating experiences in socialist hell, I've decided to go back to the UK at least for the next few months.

In the UK, I used to get paid more, pay half as much tax, and then on top of that virtually everything bar wood was loads cheaper too. So why sacrifice myself for the "Nordic Model", I ask you?

And before anyone claims otherwise, a desire to pay less taxes and keep more of my hard-earned money in my own pocket are THE major factor in this decision. Well done Denmark, here, have 100% of nothing from me in future, instead of being reasonable and settling for 20-30% of something.