I just want to know when JFK went bald.
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Most of the porn sales made are done in the US. I can see offering it as a payment option for users in Europe, but why make your biggest consumer start paying in a foreign currency?Can see more adult transactions being done in Euros or a more stable currency - the companies already doing this have a positive future. The "nice price" marketing will go out the window, but this would be universally beneficial to both international webmasters and those in the US. Don't think either of us are going to bother getting out of bed to work for dollars soon
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arrrrrrrrrrrrrrrggggggggggggggggggggggggggggggThis dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog!
Now read without the word dog.Comment
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yep them republicans do a great job. lolComment
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so the consenses is that that US $ will drop quite a bit more
and possibly never recover completlyComment
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Sure, there are plenty points to be made around a change - one could be that it depends on what these sales are worth in real terms.
If it's just the familiarity with currency - can always charge more for dollar payments and stick to pricing similar to the Big Mac index which allows for currency differences globally. Got a processor doing that now and can't see any change in signups, tho may vary elsewhere.
From a sponsor angle, a few sponsors are already working in Euro pricing and paying in Euros which benefit all webmasters right now.Comment
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It has to recover RegUser - there is no choice on that and the dollar prob will get support from elsewhere. But it may depend on action being taken to reduce/repay the debt level as to what degree of support is given.
Gutty feeling - "completely"? Na, there are too many global changes/challenges together with geo-changes in wealth creation and it will be a massive task to get the economy under control - forget reducing the debt level and trying to keep up with external changes.Last edited by GreyWolf; 10-27-2007, 04:34 AM.Comment
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Every time I go to the bank lately to deposit my checks, I get the same fucking comments from the teller...
"Are you sure you want to exchange? The rate is really bad..."
or
"Oh that hurts, what a bad rate..."
or something similar to that.
Yeah thanks, like I don't know what the fucking rate is right now you dumb ass! I don't need your extra commentary.Comment
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Would think a credit crunch will start Coatsy (tho it appears this has already started). Only my
- it may be the start of the "cure", but probably going to have fairly severe effects - and may not actually help the situation. (Eg less money floating in the hands of the public and govt - and that can ripple thru to suspension/cancellation of projects, hits on the retail industry, further mortgage problems and an increase in unemployment etc).
The signs of this are continuing - almost on a daily basis eg - in the last 24 hours one finance operation just admitted a drop in their asset value to the tune of $8 billion (probably prudent to say now cos they are most likely going to lose more in the future.)
China is obviously a major "banker" and not sure you may have noticed - they are playing smarty pants with their dollar holdings. They already dumped around $60-80 billion recently, but - kinda smart move - they are "giving away" dollars to other countries for specific projects - all with a view to enhancing trading relationships - $50mill here, $150mill there etc. It's one way of avoiding damage to the dollar by just dumping dollar assets, plus getting a positive benefit in return.
A credit crunch would prob pressure the Fed to print more fantasy dollars and keep liquidity in banks (they dumped around $80-90billion a few weeks back to keep the banks afloat and liquid) while the dollar will continue to depreciate - and until confidence drops thru the floor. It always seems to take longer for the shit to hit the wall, but the writing is already there.
From your angle in the UK - it would not be a surprise to be selling monthly paysite memberships for 9.95 GBP (dollar equivalent) soon - and getting the an awesome 5 GBP for your efforts. At least it might just buy a packet of cigarettes
Can see more adult transactions being done in Euros or a more stable currency - the companies already doing this have a positive future. The "nice price" marketing will go out the window, but this would be universally beneficial to both international webmasters and those in the US. Don't think either of us are going to bother getting out of bed to work for dollars soon
without stickyfingerz this is just half the fun
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Don't matter much what I think PK - that may not be an option depending what the future holds. It's not necessarily a matter of not paying in whatever currency - just more or less of that currency depending on it's value.
The prices being quoted by Amazon on their other tld's don't quote in dollars and there are price variances - they already use a version of the Big Mac index - ie a pricing system which reflects regional markets.
To put it another way.. based on current currency levels at the moment, what would you prefer - 1000 sales at $30 OR 700 sales at 30 Euros to allow a percentage of the US market dropping out of a potential signup? There is no difference. (This is simplified - there can be other reasons for having more heads sign up and taking a lesser revenue per head).
If the dollar continues to decline - and most likely it will - there is even more reason to present geo signup pages with other currencies, not necessarily just the Euro. Can't remember exactly and never checked for a few years now, but at that time global currency signup pages produced around 24% extra revenue - tho sure it has to be more now.Comment
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its almost 1.44
is killing us all
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These days there is only one instance where as Canadian webmasters our US dollars aren't worth less. It's when we go to the states and spend it.
Exchanging it here is tantamount to getting assraped these days. I think. I've never literally been assraped but I'm sure it's pretty bad. But I digress...
As of today $1 USD = .96 CAN.
Can it get worse?
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I think once Bush is out of office there will be a pretty big change in world opinion about the USA. Remember 7 years ago the USA had a surplus of money and was loaning money to other countries. Bush reversed that pretty quickly and now the US is borrowing money at the rate of several billion a day. We need to get a president in whole will stop making the US Dollar a fiat currency (you should look up that term, it's important) and go back to backing the dollar with gold. Check out this graph:
Can you guess what happened in 1972? The US stopped backing the dollar with gold and it became a faith based, or fiat currency. Gold rose from under $100 an ounce to over $900 an ounce in 1980. If it had stayed a gold backed currency, that graph would have gone the opposite direction in the mid 70's.
Bush and his policies have seriously fucked up the USA. The only way things will get better is if the USA elects a president who will do everything short of ripping out the carpet in the Oval Office when fixing everything that Bush has fucked up while he was in there.
One thing the new president will need to do is work on balancing US imports and exports with China. Why has China's economy gotten so good? The USA is sending all their money there, a large chunk of it probably from Wal-mart. China is getting richer while the USA gets poorer on crappy Chinese products.Old SchoolComment
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while there is a faint sliver of hope in next president, I am doubtful if things will become what they used to be. If anything china and india will rise to become next conomic powers while US will tumble down which means US $ has had its day.
How many of you are still hanging on to your US $ in the hope that it will eventually go up?
anyone?Comment
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Thanks to baboon Bush.Comment
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China, Japan, Saudi Arabia, Germany, Russia= $800B yearly profit
USA= $800B yearly loss
http://en.wikipedia.org/wiki/List_of...ccount_balance
Wealth is not being destroyed, it's merely transferred.
ICQ 557504926Comment
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One more year of this shit.Comment
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omgChina, Japan, Saudi Arabia, Germany, Russia= $800B yearly profit
USA= $800B yearly loss
http://en.wikipedia.org/wiki/List_of...ccount_balance
Wealth is not being destroyed, it's merely transferred.
:: pukes ::Comment
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be nice when we finally get ride of all these foreigners.
looks like you foreigners are gong to have to get real jobs.Comment
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Depends what is mean't by "advanced"... All countries have their features. Think Transa is from Brazil? Brazil has the most efficient electoral system on the planet - miles ahead of North American or Europe. Downside is their ecology is being raped - mainly due to leeching by other countries, - and those other countries have already screwed their ecology.
We can thank the US for initiating implementation of the internet, Europe has more more advanced telecoms than elsewhere, tho Japan is maxing the potential of that. China and other Asian countries have the largest economic growth ever on the planet and will be the largest economic powerhouse.
"Advanced" is relative.. each nation has strong points and hard define overall.Comment
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I'm gonna start charging for my services in CAD as of Jan 1st ...
Even with some mad FOREX trading, the best I have been able to get for the USD is .9715
Damn I miss the $1.65 days of 2003 ...
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For a bunch of supposed high rollers ya certainly do cry about little things...
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Today the dollar hit a new all time record low 1.00 EUR = 1.439 USD
Source: http://www.xe.com
My acccount executive at the bank believes it will reach 1.55/1.60 easily by the summer, since the housing mortgage crisis in the US is only starting to surface.Comment
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Gutty feeling - who knows, but suspect that's about right Praguer.
Tho... could be fractionally lower, not because of the dollar sinking, but more related to an increase of other currencies. By summer a few other currencies are expected to rise around 3-5% just due to normal economic growth.Comment
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While no country is perfect, many have an acceptable standard of living and a good human rights record.
There are always poor people and people with mental problems in every society so if you want to find someone to point to and say, "See!", you can find someone to make an example of.
As long as you mind your manners, are not a source of embarassment or create problems with the locals, you can do whatever you want......same as here.
Good examples are the EEU countries, Japan, and New Zealand.
I'd encourage anyone with the resources to travel and see how others live. The experience will show you that the American way of life is not the only way or the best way.....just one of many ways.Comment
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ha
the bloody thing went down even further and likely to slide big time on wed with new rate cut anticipatedComment
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so sad!
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1000 US$ = 943 CAN $
and dropping...Comment
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Interesting..China, Japan, Saudi Arabia, Germany, Russia= $800B yearly profit
USA= $800B yearly loss
http://en.wikipedia.org/wiki/List_of...ccount_balance
Wealth is not being destroyed, it's merely transferred.
Comment
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tomorrow is d day
its gonna drop big timeComment
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