Not a surprise

The Portuguese Algarve came out as the cheapest destination in Europe, with a basket of items costing £35.37.

The survey showed that although the pound was slightly weaker against the euro compared to last year (-1.9pc), prices have fallen 18pc in the Algarve.

The economy is simply dead.

12 thoughts on “Not a surprise”

  1. I’d be interested to know what value of dead Tim’s using. Still warm & a chance of cutting some good fillets off of the carcase? Or at the putrefying stage?
    Prices are down 18% Hurrah? That’ll be shop prices? Don’t suppose that’ll be the local property taxes or energy bills responding to EU carbon mandates.
    Been looking at property rentals here. The amount being reduced by up to 20%. If they go below what the owner needs to service the loan bought it, the expenses of ownership, that’s money coming out of his pocket otherwise could be spent in the shops with 50% reductions trying to find the money to pay their bills.
    I’m wondering if it’s worth even calling the undertakers.

  2. Ah Mr G. You’ve mentioned the key drawback to the Algarve, a 720 hole golf course with a few towns scattered across it.

  3. I live in one of the most expensive, well-connected, cultured, thrusting, capitalist-running-dog places on earth, where the local green-socialist regime, the Christian Democratic Popular Liberation Front of HartzIV Burkina Faso Cleaners, wants to introduce rent controls and “socially mixed locality protection ordinances” to ensure that our Romanian/Burkina Fasoan cleaners and their multicultural issue can live in chic, desirable downto(w)n pied-a-terres (where having two sinks in the bog is banned per said ordinances) next door to the bankers, businessmen, professionals, and random flotsam-chancers like myself.

    Apparently, the rising prices here, where life is good, the economy is fucking roaring along, and even the local overindebted CDUcialist-green regime only wants to backdate their 8% tax hike by a mere 16 months, where squilloinaires and Burkina Fasoan cleaners alike simply fling euros around like there is no tomorrow, is indicative of the imminent end of civilisation as we know it (or perhaps just slightly higher wages for Burkina Fasoan cleaners). One thing is sure, we may not use such rising prices as an indication that we need more overpaid arseholes, rather than more cleaners from Burkina Faso moving to the Westend. No, we must all instead be told by our greateres and betters that putting a second sink in your bog is now under Bauaufsichtsmillieugenehmigungsschutz, or whatever, so that cleaners from Burkina Faso can still afford it.

    By comparison, the falling prices in those places where prices for whatever are falling are causing calls for prices to be supported. Rather than for, as here, the free market to answer the questions it poses by letting people get on with their own lives.

  4. JamesV, I’ve little idea what you’re talking about, but did you say recently that you’d had an Alfa GT? How’d you find it? Mine breaks my heart in opposite directions on a daily basis, but now have 120,000 miles out of it. I call it The Beast. The Alfa, you understand.

  5. JamesV: I live in one of the most expensive, well-connected, cultured, thrusting, capitalist-running-dog places on earth

    Ouaga-am-Main?

  6. Moribund more like Tim. There have been films about dead economies–the Mad Max series comes to mind amongst others.

  7. @Edward Lud, I did, with the 2 litre petrol engine, in ALFA red, black interior. Since murdered by someone who should not be on the roads. I loved it but as with all love it was not an (economically) rational thing.

    It was about 98,000 km and almost 9 years old at the time of its murder.

  8. I don’t suppose you could suggest the most cost-effective way to live in Portugal on a shoestring for a couple of months in winter/ spring, could you, Tim?

    Towns to consider, websites for apartment/ hotel listings… that sort of thing?

Leave a Reply

Your email address will not be published. Required fields are marked *