The Almighty Dollar- WTF?

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  • KingK7
    Confirmed User
    • Jun 2002
    • 6372
    #1

    The Almighty Dollar- WTF?

    1.00 USD = 5.71960 NOK ( Norwegian Kroners )

    I remember when it was 1 = 10, back when we started in 97.
    Now, I am in Spain, which has Euros, but still...
    1.00 USD=0.723200 EUR


    Anyone think it will bounce back?

    Tags: None
    • Boobs
      Confirmed User
      • Aug 2006
      • 7875
      #2
      give me all your dollars

      Join the fucking best in big tit sponsors!!!

        Comment

        • Klen
          • Aug 2006
          • 32234
          #3
          Originally posted by KingK7
          1.00 USD = 5.71960 NOK ( Norwegian Kroners )

          I remember when it was 1 = 10, back when we started in 97.
          Now, I am in Spain, which has Euros, but still...
          1.00 USD=0.723200 EUR


          Anyone think it will bounce back?

          Tell me something which i didnt know Here dollar dropped from 1$ for 7 HRK to 1$ for 5.3 HRK.Bad.Very bad.I think it's bush fault.

            Comment

            • directfiesta
              Too lazy to set a custom title
              • Oct 2002
              • 30184
              #4
              Originally posted by KingK7


              Anyone think it will bounce back?


              No ....

              I am happy that I sold my property when the market was overheating and that the US dollar was still giving me $1.40 Canadian instead of todays $ 1.05 .....
              I know that Asspimple is stoopid ... As he says, it is a FACT !

              But I can't figure out how he can breathe or type , at the same time ....

                Comment

                • ichauch
                  Confirmed User
                  • Dec 2005
                  • 463
                  #5
                  You have to see the advantages:
                  buying designs is very cheap for us Europeans (if you are paid out via epassporte).
                  Time to expand!

                    Comment

                    • Dvae
                      Confirmed User
                      • Feb 2005
                      • 5326
                      #6
                      Originally posted by KingK7
                      1.00 USD = 5.71960 NOK ( Norwegian Kroners )

                      I remember when it was 1 = 10, back when we started in 97.
                      Now, I am in Spain, which has Euros, but still...
                      1.00 USD=0.723200 EUR


                      Anyone think it will bounce back?

                      .
                      .

                      Arguing with a troll is a lot like wrestling in the mud with a pig, after a couple of hours you realize the pig likes it.

                        Comment

                        • RayBonga
                          too cool for highschool
                          • Nov 2005
                          • 12164
                          #7
                          It sucks, since most programs pay in dollars you get less money each month

                            Comment

                            • Jensen
                              Confirmed User
                              • Apr 2001
                              • 3790
                              #8
                              http://www.cbsnews.com/stories/2007/...n2528226.shtml ... see the story on 60 minutes and see how bad america is doing.. the dollar will not bounce back

                              "I'm going to show you some numbers…they’re all big and they’re all bad," he says." (David Walker - the comptroller general of the United States)

                                Comment

                                • Libertine
                                  sex dwarf
                                  • May 2002
                                  • 17860
                                  #9
                                  Originally posted by KingK7
                                  Anyone think it will bounce back?
                                  Not in the near future.

                                  Personally, I am now focusing on the (mainstream) European market, because I fear the dollar will drop even further.
                                  /(bb|[^b]{2})/

                                    Comment

                                    • Nazgrel
                                      Confirmed User
                                      • Jun 2005
                                      • 724
                                      #10
                                      Doesnt look like its gonna go up (not much at any rate) in the near future.

                                      Personaly I dont mind, I make most my money in NOK anyways ;)
                                      [email protected]

                                        Comment

                                        • klinton
                                          So Fucking Banned
                                          • Apr 2003
                                          • 8766
                                          #11
                                          please don't even tell me about this :-/

                                            Comment

                                            • Jarmusch
                                               
                                              • May 2003
                                              • 12479
                                              #12
                                              Originally posted by ichauch
                                              You have to see the advantages:
                                              buying designs is very cheap for us Europeans (if you are paid out via epassporte).
                                              Time to expand!
                                              If most or all your sponsors pay you in dollars, it doesn't make a difference.

                                                Comment

                                                • madawgz
                                                  8.8.8.8
                                                  • Mar 2006
                                                  • 30509
                                                  #13
                                                  i know, its fucking pathetic hardly get any exchange rate
                                                  TAEMDLRMSKRJIXMRLSMRJ.

                                                    Comment

                                                    • aico
                                                      Moo Moo Cow
                                                      • Mar 2004
                                                      • 14748
                                                      #14
                                                      Originally posted by Jensen
                                                      http://www.cbsnews.com/stories/2007/...n2528226.shtml ... see the story on 60 minutes and see how bad america is doing.. the dollar will not bounce back

                                                      "I'm going to show you some numbers?they?re all big and they?re all bad," he says." (David Walker - the comptroller general of the United States)
                                                      Interesting article, basically our Gov't is a pile of shit.

                                                        Comment

                                                        • AlmightyZeus
                                                          Registered User
                                                          • Jan 2001
                                                          • 59
                                                          #15
                                                          Originally posted by Jensen
                                                          http://www.cbsnews.com/stories/2007/...n2528226.shtml ... see the story on 60 minutes and see how bad america is doing.. the dollar will not bounce back
                                                          It's cyclical. Give it 10-20 years and it'll bounce back. There comes a point where buying usd's becomes attractive again.

                                                            Comment

                                                            • Jensen
                                                              Confirmed User
                                                              • Apr 2001
                                                              • 3790
                                                              #16
                                                              Originally posted by AlmightyZeus
                                                              It's cyclical. Give it 10-20 years and it'll bounce back. There comes a point where buying usd's becomes attractive again.
                                                              as the comtroller general of the United States is telling 60 minutes, if the US keeps going, they won't be able to pay interrest on the loans in 10-20 years... :/

                                                                Comment

                                                                • Humpy Leftnut
                                                                  Confirmed User
                                                                  • Apr 2007
                                                                  • 1292
                                                                  #17
                                                                  20 years ago = 1987. Think Commodore Amiga, half a megabyte of RAM, 16 colour monitor, 4 voice sound, no HD, and Sierra games that came on 12 floppy disks.

                                                                  Do you really think we all have 20 years to wait for it to bounce back? :P
                                                                  Humpy Leftnut - Pornsumer Reviews

                                                                    Comment

                                                                    • just a punk
                                                                      So fuckin' bored
                                                                      • Jun 2003
                                                                      • 32385
                                                                      #18
                                                                      Originally posted by KingK7
                                                                      Anyone think it will bounce back?
                                                                      I don't think so. At least with the current "bushed" govt.
                                                                      Obey the Cowgod

                                                                        Comment

                                                                        • Nicky
                                                                          Too lazy to set a custom title
                                                                          • Mar 2003
                                                                          • 30071
                                                                          #19
                                                                          I get reminded of the lousy exchange rate every fucking day

                                                                          gfynicky @ gmail.com

                                                                            Comment

                                                                            • camuk19
                                                                              So Fucking Banned
                                                                              • May 2007
                                                                              • 221
                                                                              #20
                                                                              I'm from England, and the exchange rates is really killing my payouts over the last 4+ months.

                                                                                Comment

                                                                                • Tempest
                                                                                  Too lazy to set a custom title
                                                                                  • May 2004
                                                                                  • 10217
                                                                                  #21
                                                                                  Originally posted by directfiesta
                                                                                  No ....

                                                                                  I am happy that I sold my property when the market was overheating and that the US dollar was still giving me $1.40 Canadian instead of todays $ 1.05 .....
                                                                                  I got 1.02 on Friday...

                                                                                    Comment

                                                                                    • AlmightyZeus
                                                                                      Registered User
                                                                                      • Jan 2001
                                                                                      • 59
                                                                                      #22
                                                                                      Originally posted by Jensen
                                                                                      as the comtroller general of the United States is telling 60 minutes, if the US keeps going, they won't be able to pay interrest on the loans in 10-20 years... :/
                                                                                      Don't forget the sub-prime blowup, the hedge fund blowup and all the other blowups.
                                                                                      A healthy US economy makes for a happy global market.

                                                                                      I'm not saying the comptroller general is wrong. He's absolutely right.
                                                                                      But do more taxes = weaker USD? No, there's no direct correlation.

                                                                                      When the US focus is off the war on terrorism and the war in Iraq, that's when Social Security, Medicare and Medicaid will be in the spotlight.
                                                                                      The US needs to clean house, be thankful that gwb's 8 years are almost up.

                                                                                        Comment

                                                                                        • AlmightyZeus
                                                                                          Registered User
                                                                                          • Jan 2001
                                                                                          • 59
                                                                                          #23
                                                                                          Originally posted by Humpy Leftnut
                                                                                          20 years ago = 1987. Think Commodore Amiga, half a megabyte of RAM, 16 colour monitor, 4 voice sound, no HD, and Sierra games that came on 12 floppy disks.

                                                                                          Do you really think we all have 20 years to wait for it to bounce back? :P
                                                                                          Living below your means and diversifying your investments. That's the safest thing you can do. Put some money in a vanguard fund, many of them have a10% ytd return for the past 10+ years. You'll sleep better at night guaranteed.

                                                                                            Comment

                                                                                            • woj
                                                                                              <&(©¿©)&>
                                                                                              • Jul 2002
                                                                                              • 47880
                                                                                              #24
                                                                                              Sorry to ruin your bitching party, but for every person bitching about exchange rates, there is one laughing all the way to the bank... When exchange rates are low, like they are now, service providers like designers, programmers, content shooters, etc are making a killing as it no longer makes sense to outsource those services overseas...
                                                                                              Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
                                                                                              Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager
                                                                                              Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

                                                                                                Comment

                                                                                                • GreyWolf
                                                                                                  So Fucking Banned
                                                                                                  • Jun 2007
                                                                                                  • 2036
                                                                                                  #25
                                                                                                  Originally posted by KingK7

                                                                                                  Anyone think it will bounce back?

                                                                                                  Nope - chances of that in the future are remote and in the near future the dollar will drop further.

                                                                                                  When the US economy has an accountant monitoring it, would think there will be a slowing down of the depreciation and maybe some increases in value. But overall and in the longer term - probably a downwards spiral and a massive challenge to combat/reverse it. Only my , but this should be a top priority and already past the stage of stupid politics.

                                                                                                  The US now has more debt per person than any country on the planet - forgetting the habitual personal debt. US industry has very little to offer to reduce the trade deficit. The government continues to borrow heavily from other nations (roughly $10-15bill/day).

                                                                                                  US folks have been spending more than they earn and that is increasing rapidly. The moment there is a general wage increase - that is spent - plus an extra portion usually financed by cards. The spending power is obviously on a portion of US manufactured product, but the bulk of spending is on imported product - resulting in further increases in trading deficits.

                                                                                                  Add with the traditionally high funding by taxpayers money in areas of defense plus the current "war" spending - any finance director of a corp would cut his throat.

                                                                                                  Currency exchange is reflecting these factors plus plenty more. It's not sustainable.
                                                                                                  Last edited by GreyWolf; 07-22-2007, 03:57 PM.

                                                                                                    Comment

                                                                                                    • AlmightyZeus
                                                                                                      Registered User
                                                                                                      • Jan 2001
                                                                                                      • 59
                                                                                                      #26
                                                                                                      Just for fun some burgernomics:

                                                                                                        Comment

                                                                                                        • GreyWolf
                                                                                                          So Fucking Banned
                                                                                                          • Jun 2007
                                                                                                          • 2036
                                                                                                          #27
                                                                                                          Originally posted by directfiesta
                                                                                                          No ....

                                                                                                          I am happy that I sold my property when the market was overheating and that the US dollar was still giving me $1.40 Canadian instead of todays $ 1.05 .....
                                                                                                          Was calculating a wire transfer recently - the transfer was actually done a few years ago, but calculating the difference now. The net benefit was just over $10K dollars by doing that transfer at that time.

                                                                                                            Comment

                                                                                                            • Evil-Dan
                                                                                                              Confirmed User
                                                                                                              • Mar 2006
                                                                                                              • 464
                                                                                                              #28
                                                                                                              one has to look back more than just 10 or 20 years to study currency. people don't generally understand currency fluctuations run in cycles (and sometimes these runs can be huge). if they didn't do this, money markets wouldn't have speculators to move them up and down

                                                                                                              The USD sux for sure atm. but it will bounce back. hopefully the dems will get the US out of iraq, and I am sure you will see an immediate changing of currency positioning around the globe
                                                                                                              Evil Is As Evil Does

                                                                                                                Comment

                                                                                                                • bobby666
                                                                                                                  boots are my religion
                                                                                                                  • Nov 2005
                                                                                                                  • 21765
                                                                                                                  #29
                                                                                                                  i hope things will get better soon or later

                                                                                                                    Comment

                                                                                                                    • Tuga
                                                                                                                      Confirmed User
                                                                                                                      • Nov 2002
                                                                                                                      • 7678
                                                                                                                      #30
                                                                                                                      Originally posted by Humpy Leftnut
                                                                                                                      20 years ago = 1987. Think Commodore Amiga, half a megabyte of RAM, 16 colour monitor, 4 voice sound, no HD, and Sierra games that came on 12 floppy disks.

                                                                                                                      Do you really think we all have 20 years to wait for it to bounce back? :P
                                                                                                                      You really dont know anything about the amazing Amiga do you?

                                                                                                                      Go Fuck Yourself!
                                                                                                                      ICQ 101411627

                                                                                                                        Comment

                                                                                                                        • Paul Markham
                                                                                                                          Too old to care
                                                                                                                          • Jun 2001
                                                                                                                          • 52942
                                                                                                                          #31
                                                                                                                          The upside is all the 60 year old sitting at home with nothing to do but surf the net.



                                                                                                                          Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500.
                                                                                                                          PM me for a deal. Skype Paulmarkham70

                                                                                                                            Comment

                                                                                                                            • RFremont
                                                                                                                              Confirmed User
                                                                                                                              • Sep 2006
                                                                                                                              • 621
                                                                                                                              #32
                                                                                                                              Originally posted by AlmightyZeus
                                                                                                                              Living below your means and diversifying your investments. That's the safest thing you can do. Put some money in a vanguard fund, many of them have a10% ytd return for the past 10+ years. You'll sleep better at night guaranteed.

                                                                                                                              Do you have an example of this vanguard fund at 10%?

                                                                                                                                Comment

                                                                                                                                • Nathan
                                                                                                                                  Confirmed User
                                                                                                                                  • Jul 2003
                                                                                                                                  • 3108
                                                                                                                                  #33
                                                                                                                                  If anyone has Amateur traffic and wants to get paid in euros, contact me, I can get anyone hooked up...

                                                                                                                                  Not via the program in my SIG, via the european version... so msg me on ICQ 1889711
                                                                                                                                  "Think about it a little more and you'll agree with me, because you're smart and I'm right."
                                                                                                                                  - Charlie Munger

                                                                                                                                    Comment

                                                                                                                                    • AlmightyZeus
                                                                                                                                      Registered User
                                                                                                                                      • Jan 2001
                                                                                                                                      • 59
                                                                                                                                      #34
                                                                                                                                      Originally posted by RFremont
                                                                                                                                      Do you have an example of this vanguard fund at 10%?
                                                                                                                                      (You need a US tax ID and a mailing address)
                                                                                                                                      Vanguard
                                                                                                                                      Fidelity

                                                                                                                                      There's a bunch of non-us funds too:
                                                                                                                                      Schwab Hong Kong
                                                                                                                                      Fidelity Canada
                                                                                                                                      + hundreds of others.

                                                                                                                                        Comment

                                                                                                                                        • natas
                                                                                                                                          Confirmed User
                                                                                                                                          • Mar 2002
                                                                                                                                          • 3377
                                                                                                                                          #35
                                                                                                                                          almighty dollar my arse.

                                                                                                                                          their mickey mouse currency is practically worthless

                                                                                                                                            Comment

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