Americans expats feeling the squeeze in Europe

Iva recently wrote about Europeans coming to New York for the holidays because of the exchange rate, and earlier I pointed out that airlines are happy to help along their travel plans.

So it only makes sense that Americans in European are getting the rough end of the deal. I just came across this anecdote from an American who gave a little girl begging for change a dollar.

“I don’t want this. This is nothing,” said the child. Yikes!

It seems that American expatriates everywhere (although it’s particularly bad in Europe) are feeling the crunch as the dollars they’re holding are worth less and less. The decline in the last six months has bee especially bad. Case in point: the Canadian dollar is now worth more than the American version. Ouch.