Quote:
Originally Posted by HS-Trixxxia
Well for us 'here' on GFY - seeing that currency of choice in this business has been the USD - the lower the USD goes compared to our local currency, the lower our income is. Doesn't affect you guys so much - but it most certainly will cause some reason for us to make changes.
Example:
$1.00 USD = $1.61 on Janaury 28-2002
$1.00 USD = $1.16 on January 3-2007
$1.00 USD = $0.99 on October 2-2007
So just in this year - there's a 17% drop in our incomes with perhpas more work and investment at risk.
In the past 5 years - it's close to a 60% drop in income.
Like I said, it doesn't make much of a difference to you if you don't leave the country, but it most certainly makes a difference to the others living in another country.
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Well maybe it wouldnt drop so much if other countries did what it takes to actually protect themselves rather than relie on the United States to do the dirty work.
At least it's just a drop in dollar to you guys that have basically sat on America's tit for its defenses ever since the WWI.
Wait till you guys loose blood rather than money.
Its a whole different experience.