Ben in Hong Kong©

Friday, November 21, 2008

Financial Crisis...

Seeing as Hong Kong is a financial hub, and the whole world is currently gripped by a financial crisis, I thought I would write about how it is affecting me.

Well it is not really causing me any bother at all. The only slight personal change I have noticed is that some European yogurt I used to buy has gone up in price by about 20 Hong Kong dollars in one week. So I stopped buying it and instead now buy a Chinese brand that is probably laced with Melamine. I know some banking people who are at risk from losing their jobs, and I know that quite a few others have lost them already, but other than this Hong Kong seems to be business as usual.

If anything, the financial problems are quite good for me right now. The exchange rate for Hong Kong dollars to British Pounds last year was about 15.9. It is now 11.4. This means that saving money has beome that little bit easier whilst the cost of living in Hong Kong is basically the same.

I know that this is not going to be the case forever though. Within the next year I will be job hunting and then I will be likely facing some issues, till then I am not really bothered by the rise and fall of stock markets.

In other news Laura returns from her massive 4 month trek this evening and our other friend George is also visiting Hong Kong for a few days at the same time. Nikki has been sleeping on my floor for quite a while since she returned back from travelling and she has just moved out yesterday to go and stay somewhere else. I thought it would be difficult to have her staying in my small flat for so long but it has actually been really easy. Truth be told I quite miss her at the moment!

It is Saturday morning as I type this and I have no plans at all. We were meant to be going hiking and camping this weekend but it got called off. Instead I am meeting Nikki and George at the Flying Pan for breakfast in half an hour and then we will see where the wind takes us. We went to the Bridge bar last night so I feel we deserve a fry up.


ps: For Hannah and anyone else interested, I found a video of Chris doing standup omedy on yourtube (Chris used to work for he company) click here

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