countercyclical travel

if you follow marginal revolution they have a "countercyclical assets" series during the credit crunch. so, if you wanted to travel cheaply, what would you do?

this is my proposal: the £ is really weak. what currencies could possibly be faring worse against them?

- emerging europe is facing a currency crisis: one of my colleagues will be doing her dissertation on it.

so, zloty, forint, koruna

add that to general spare capacity in travel: ryanair tonight were offering flights for £3.50 o/w incl. taxes. to krakow. that's cheaper than the bus to stansted.

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