I see Asda have said in the last couple of days that they are bringing their unleaded petrol down to 103.09- reason given is that oil prices have dropped. I notice none of the others had the honesty to do this but prefered to rip off the motorist again.
I think the answer is yes, yes, yes, but using someone elses money.
You'll then benefit from rock bottom interest rates on the loan and spent wisely acquire assets that keep their value, unlike money that will depreciate as a result of quantitive easing in years to come.
oldbeefer2-- From what I recall of Aussie prices when I was there in 2006 they paid the same in Aussie Dollars as we paid in pounds.At that time we were getting 2.43 dollars to the pound so the cost of things there was approx 40% of UK prices. The wages were then about 80-85% of UK rates.
I now understand from a friend that lives near Perth that wages have incresed to above the UK level and if course we only get approx 2 dollars to the pound
Whichever way you look at it in general they seem to have a higher standard of living than us and their cost of living is much less.
Could the fact that Aussies don't tolerate being ripped off at every turn have something to do with this