delusionofgrandeur

Bloomberg report today that Brazillian Supermodel Gisele Bundchen (the one that went out with DiCaprio) wants to stay the world’s richest supermodel. She intends to do this by refusing to be paid in US dollars.

The rather attractive 27 year old apparently prefers to be paid in Euros which have been gaining against the US dollar in recent years. Her sister, Patricia Bundchen, commented that “Contracts starting now are more attractive in euros because we don’t know what will happen to the dollar”.

Now, I do worry about how many people actually do look to supermodels for financial advice but I have to agree. The dollar seems to have been propped up on a bubble of bad credit and now the consequences are being felt. I have the same fear for Sterling (which is my primary currency right now). The Pound seems to be propped up on nothing but credit, fairy-tales and wishful thinking; there is certainly no industry (or perhaps even reality) left to back it.

Update: Dealbreaker notes that Gisele’s manager issued a prompt denial that she was dumping the dollar  “Some idiot in Brazil reported something just to make news,”.

Image Credit: Tiago Chediak

This entry was posted on Monday, November 5th, 2007 at 12:17 pm and is filed under Fantasy House Prices, Ramblings.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.