I’m back from my France mini-vacation, and as far as I could tell, there was no overt Yankee-bashing going on. I saw one anti-Bush message scrawled on a subway wall but that’s about it. Their news magazines looked like our news magazines, with interested stories and simple headlines like “The War in Iraq” (as opposed to, say, “That Stupid War Those Arrogant Americans Foisted on the World”).
My flight back was uneventful, but I did learn something interesting about the euro-dollar exchange rate. According to the European Central Bank, at today’s exchange rate you could buy $1.07 with one euro. But in an Air Canada jet flying over the north Atlantic from Paris to Montreal, you can buy the same beer with either four dollars or three euros. I sense an arbitrage opportunity here.