You are right ... Goa has become very expensive. There was a time when I thought, I could retire in Goa and live like a king solely on my monthly social security benefits in the US. That is not likely to work out with this "margai" ... unless I go back to Goa with a big "potli" of uncle Ben's green pictures.
Considering oil is at a "mere" $92/barrel, I strongly believe the "margai" has just begun. One can imagine what would happen when that barrel costs $150 or more. The last time when oil hit that mark (see the charts at CNBC.com under commodities), the jolly good days in the US came to a screeching halt. Folks whose budgets were over stretched to purchase a roof over their heads at top dollar, suddenly had no money to drive their car to work! Expect another global recession when oil breaches $150/barrel. Jim F New York. --- On Mon, 12/27/10, JoeGoaUk <joego...@yahoo.co.uk> wrote: > From: JoeGoaUk <joego...@yahoo.co.uk> > Subject: [Goanet] Talking Photos: ‘Margai’ (Veggies/fruits/fish/cha-pani > etc) > To: goa...@goanet.org > Date: Monday, December 27, 2010, 12:43 PM > > > Talking Photos: ‘Margai’ > > Everything is expensive now-a-day. > Yet, the items are sold out like hot cakes. > It looks like people who never been abroad has more money > spending power than those of NRIs. > ... ...
