You've heard of the Big Mac index. I propose the Cappucino Index. I'm in Tuscany, Italy now. Cappucino and espresso are €1. Spaghetti dinner is €6.5 - €8. Brunello di Montalcino wine is €20-€40. You can't touch a cappucino in Hawaii for less than $5. I saw Brunello di Montalcino wine for $475 in NYC on the way over. The dollar is strong despite the advertised exchange rates. Things do not seem all that depressed here in Italy despite headlines to the contrary. There are fewer Japanese tourists but I did hear Chinese spoken. Italians are friendly relaxed and smile easily. The restaurants are unpretentious. The wine is wonderful, inexpensive and varied. Our villa is a huge abandoned hotel and restaurant. It's a bit odd without any staff. In NYC on the way over there were more new construction and little babies than I've ever seen.


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