I find that the funny thing with recessions is...... you still have to deal with millions of day-to-day things (of course I am not exaggerating!), but also keep an eye on the wider economy.
This is where the paradox starts: 8am and Mrs Smith emails regarding her replacement drawer front. 10am: an RSS feed comes in showing Barak Obama being inaugurated; then 12pm the dollar bombs! WHAT! I never saw that coming!
We are looking at £1.00 = $1.36 which is the worst exchange rate since 1985. That means that another 55% has been added onto our purchasing costs since August. Ouch........
However, I am hoping that we can hold all costs steady for a couple of months until the dollar reclaims it position.
I am just off to work on some projected scenarios......... I think that makes me sound important.... yah ....... yah!!
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