Losing $$$$$$$$$$$ because of the US Currency problems.

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  • NoCarrier
    We need more free porn
    • Mar 2002
    • 16356

    #1

    Losing $$$$$$$$$$$ because of the US Currency problems.



    ARGH!!! Do something guys.. PLEASE!

    1$ US = 1.35 CDN

    I think I need a drink..

  • Corleone
    C.R.E.A.M
    • Apr 2003
    • 15262

    #2
    just vote for a better president next time

    Comment

    • NoCarrier
      We need more free porn
      • Mar 2002
      • 16356

      #3
      Originally posted by Corleone
      just vote for a better president next time
      I'm canadian, can't vote for them.

      Comment

      • Corleone
        C.R.E.A.M
        • Apr 2003
        • 15262

        #4
        message was going out to all americans

        Comment

        • notjoe
          Confirmed User
          • May 2002
          • 5599

          #5
          Originally posted by NoCarrier


          ARGH!!! Do something guys.. PLEASE!

          1$ US = 1.35 CDN

          I think I need a drink..

          Sucks doesnt it!

          I'm felling that as well ;(

          Comment

          • Joesho
            want to get in shape
            • Jan 2003
            • 12329

            #6
            Yeah if G.W. gets re-elected we are fucked economy wise for a while....and he and his team could do irrepairable harm...say your prayers......
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            Comment

            • rooster
              Confirmed User
              • Jan 2003
              • 2384

              #7
              regans polcies worked. Bush's will too. Only it will be a democrat in 5 years taking the credit for it.
              Ever notice that pretty much everything added to the Constitution after the original was a mistake.

              Comment

              • FATPad
                Confirmed User
                • Oct 2001
                • 6693

                #8
                Keep repeating..."The US is not the center of the world" over and over.

                Otherwise Americans will get an even bigger ego and believe they really are the most important country in the world.
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                Comment

                • Corleone
                  C.R.E.A.M
                  • Apr 2003
                  • 15262

                  #9
                  Originally posted by FATPad
                  Keep repeating..."The US is not the center of the world" over and over.

                  Otherwise Americans will get an even bigger ego and believe they really are the most important country in the world.
                  sure... but $ is important for me because i get paid in $ :D

                  Last edited by Corleone; 05-20-2003, 12:51 PM.

                  Comment

                  • Sly_RJ
                    Live Hard - Die Hard
                    • Feb 2002
                    • 17042

                    #10
                    What the fuck? Are you saying you really do need us? But, I thought we were just big bad Americans that everyone could do without?
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                    Comment

                    • wildporno
                      Confirmed User
                      • May 2003
                      • 108

                      #11
                      ya fuck...for every $1000 i loose $150 or so compare to previous rates ;/

                      Comment

                      • Jon
                        Confirmed User
                        • Jun 2002
                        • 2578

                        #12
                        Does this mean candybars will go back to 5 cents again?
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                        Comment

                        • JFK
                          FUBAR the ORIGINATOR
                          • Jan 2002
                          • 67369

                          #13
                          Fuck its down again 1.34cdn......... When I was in Europe about a week ago , in Amsterdam they paid .88Euro for one US, in Hamburg a week later its was only .82 E.

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                          • Wizzo
                            2011 GFY Hall of Fame!
                            • Nov 2000
                            • 15224

                            #14
                            Find some Ca. sponsors...
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                            Comment

                            • TheMob?
                              Confirmed User
                              • Jan 2003
                              • 8584

                              #15
                              Originally posted by NoCarrier


                              ARGH!!! Do something guys.. PLEASE!

                              1$ US = 1.35 CDN

                              I think I need a drink..

                              Hmm.. I hope it won't fall too much more.

                              Btw, are you a mac user?

                              Comment

                              • BluMedia
                                Confirmed User
                                • Dec 2002
                                • 3973

                                #16
                                Originally posted by Corleone
                                just vote for a better president next time

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                                • FlyingIguana
                                  aspiring banker
                                  • Mar 2002
                                  • 10870

                                  #17
                                  Originally posted by rooster
                                  regans polcies worked. Bush's will too. Only it will be a democrat in 5 years taking the credit for it.
                                  his last tax plan was good and was needed, this current one is just voodoo economics(love that term buffet used). there are much better ways to stimulate the economy than giving the wealthy a big tax break.

                                  in a few years this tax plan could do more bad than good. it increased the risk in the us economy. thats being priced into the currency right now.

                                  Comment

                                  • freeones
                                    Confirmed User
                                    • Jul 2001
                                    • 3406

                                    #18
                                    It's the economy STUPID

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                                    • gruffy
                                      So Fucking Banned
                                      • Feb 2003
                                      • 776

                                      #19
                                      Originally posted by NoCarrier
                                      1$ US = 1.35 CDN

                                      Get a US Dollar account.

                                      The exchange has just been abnormally high for the past year.

                                      The finance tards say 6 months for it to go back up again.



                                      Great time to be buying up some servers and content.

                                      Comment

                                      • skillfull
                                        Confirmed User
                                        • Apr 2003
                                        • 4716

                                        #20
                                        the loonie will stay at .75... fuck gw
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                                        • Corleone
                                          C.R.E.A.M
                                          • Apr 2003
                                          • 15262

                                          #21
                                          the postive thing is if i transfer money to paypal i make alot of + when i'll change it into $

                                          i'm your biggest fan mr bush :D

                                          Comment

                                          • TheMob?
                                            Confirmed User
                                            • Jan 2003
                                            • 8584

                                            #22
                                            Originally posted by gruffy

                                            Great time to be buying up some servers and content.

                                            hmm, not if you're making US$.

                                            Comment

                                            • JFK
                                              FUBAR the ORIGINATOR
                                              • Jan 2002
                                              • 67369

                                              #23
                                              Originally posted by FlyingIguana


                                              his last tax plan was good and was needed, this current one is just voodoo economics(love that term buffet used). there are much better ways to stimulate the economy than giving the wealthy a big tax break.

                                              in a few years this tax plan could do more bad than good. it increased the risk in the us economy. thats being priced into the currency right now.
                                              Did somebody say Voodoo Economics? I called the "Doctor" to give it a fix

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                                              Comment

                                              • CDSmith
                                                Too lazy to set a custom title
                                                • May 2001
                                                • 51460

                                                #24
                                                They were saying on the radio this morning that the Canadian dollar will likely strengthen as much as another 5 cents in the near future. There is only one antidote for it..... whatever you're doing to make money, do more of. Give yourself a raise. At least in this business we have that option.
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                                                • KRL
                                                  Entrepreneur
                                                  • Oct 2002
                                                  • 31429

                                                  #25
                                                  Get into currency trading and move your money around globally to offest your losses.
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                                                  • Theo
                                                    HAL 9000
                                                    • May 2001
                                                    • 34515

                                                    #26
                                                    get a us currency bank account

                                                    Comment

                                                    • FlyingIguana
                                                      aspiring banker
                                                      • Mar 2002
                                                      • 10870

                                                      #27
                                                      Originally posted by KRL
                                                      Get into currency trading and move your money around globally to offest your losses.
                                                      hmmm, have you tried this?

                                                      Comment

                                                      • TheMob?
                                                        Confirmed User
                                                        • Jan 2003
                                                        • 8584

                                                        #28
                                                        Originally posted by KRL
                                                        Get into currency trading and move your money around globally to offest your losses.
                                                        ..or lose your offsets.

                                                        Comment

                                                        • CDSmith
                                                          Too lazy to set a custom title
                                                          • May 2001
                                                          • 51460

                                                          #29
                                                          Originally posted by Soul_Rebel
                                                          get a us currency bank account
                                                          I've had one for 4 years now. Problem for many is, if you are living off your porn/US income, you have to exchange the money into Cdn dollars sometime, in order to pay the bills. That's where we're taking the hit right now.

                                                          Canukistani webmasters have taken close to a 15% reduction in pay over the strengthening dollar over the past 4 months or so. Only solution I can see is to launch more sites, promote more, do more, design more, take more pictures, work work work go nuts work work work and get it done.
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                                                          • gruffy
                                                            So Fucking Banned
                                                            • Feb 2003
                                                            • 776

                                                            #30
                                                            Originally posted by TheMob?
                                                            hmm, not if you're making US$.

                                                            If you didn't have the basic financial sense to change your money before last month OR save any and can't grasp the concept of using a US dollar account then ok, you are fucked. The exchange rate being the least of your problems.

                                                            Comment

                                                            • JFK
                                                              FUBAR the ORIGINATOR
                                                              • Jan 2002
                                                              • 67369

                                                              #31
                                                              Originally posted by Soul_Rebel
                                                              get a us currency bank account
                                                              been there done that....its when it comes time to cash it, that's when you get fucked. It used to be 1.60 not that long ago
                                                              just checked on line its 134.70 now, But if you're a gold bug, its up

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                                                              • ChrisH
                                                                Confirmed User
                                                                • Aug 2001
                                                                • 1355

                                                                #32
                                                                Don't expect it to change anytime soon. The Fed is printing money like mad. More dollars less value.

                                                                In the long run their thinking is that it will strengthen the US Economy because it will be easier to sell US Goods with a weaker dollar and hard to sell imported good with a higher Euro, Yen, etc...

                                                                Kind of a nasty approach, but if it works it will be good for the US Economy.
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                                                                • FlyingIguana
                                                                  aspiring banker
                                                                  • Mar 2002
                                                                  • 10870

                                                                  #33
                                                                  Originally posted by ChrisH
                                                                  Don't expect it to change anytime soon. The Fed is printing money like mad. More dollars less value.

                                                                  In the long run their thinking is that it will strengthen the US Economy because it will be easier to sell US Goods with a weaker dollar and hard to sell imported good with a higher Euro, Yen, etc...

                                                                  Kind of a nasty approach, but if it works it will be good for the US Economy.
                                                                  in the long run it will hurt the us economy. its more of a short term thing to combat the sluggish economy and deflation fears.

                                                                  Comment

                                                                  • Jer
                                                                    God is Brazilian
                                                                    • Feb 2001
                                                                    • 10601

                                                                    #34
                                                                    Some time ago
                                                                    1 Dollar = 3.6 Real

                                                                    Today
                                                                    1 Dollar = 3 Real

                                                                    Just some days ago
                                                                    1 Dollar = 2.9 Real

                                                                    But anyway if I had dollars instead of our currency I would have much more.

                                                                    Part of my very little savings is from when 1 Dollar = 1.7 Real

                                                                    Comment

                                                                    • TheMob?
                                                                      Confirmed User
                                                                      • Jan 2003
                                                                      • 8584

                                                                      #35
                                                                      Originally posted by gruffy



                                                                      If you didn't have the basic financial sense to change your money before last month OR save any and can't grasp the concept of using a US dollar account then ok, you are fucked. The exchange rate being the least of your problems.
                                                                      Go fuck yourself. I have a USD account but I still can't change the fact that I'm _making_ USD.. can I?

                                                                      Comment

                                                                      • GeorgeTH
                                                                        Confirmed User
                                                                        • Jul 2002
                                                                        • 367

                                                                        #36
                                                                        WHERE ARE THE SPONSORS PAYING IN EUROS?
                                                                        WORLD CURRENCY OF THE FUTURE?


                                                                        Sitting here in Australia it looks even worse:
                                                                        October 2001 I got: US$1000 ~ AUD1970 (at a rate of 0.507)!!!
                                                                        This time last year: US$1000 ~ AUD1850 (at a rate of 0.54)
                                                                        About 1/2 year ago: US$1000 ~ AUD1770 (at a rate of 0.565)
                                                                        This year (currently): US$1000 ~ AUD1490 (at a rate of 0.67)

                                                                        So for the same US$ I get roughly 25% less, then my ratios are down by about 50% compared to 2001 = overall my income is less than half of what it used to be in 2001
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                                                                        Comment

                                                                        • TheMob?
                                                                          Confirmed User
                                                                          • Jan 2003
                                                                          • 8584

                                                                          #37
                                                                          Originally posted by GeorgeTH
                                                                          WHERE ARE THE SPONSORS PAYING IN EUROS?
                                                                          WORLD CURRENCY OF THE FUTURE?


                                                                          Sitting here in Australia it looks even worse:
                                                                          October 2001 I got: US$1000 ~ AUD1970 (at a rate of 0.507)!!!
                                                                          This time last year: US$1000 ~ AUD1850 (at a rate of 0.54)
                                                                          About 1/2 year ago: US$1000 ~ AUD1770 (at a rate of 0.565)
                                                                          This year (currently): US$1000 ~ AUD1490 (at a rate of 0.67)

                                                                          So for the same US$ I get roughly 25% less, then my ratios are down by about 50% compared to 2001 = overall my income is less than half of what it used to be in 2001
                                                                          You can blame it all on that.

                                                                          Comment

                                                                          • Tex Willer
                                                                            Confirmed User
                                                                            • Apr 2002
                                                                            • 1105

                                                                            #38
                                                                            ok, here?s what analyses say
                                                                            no links & no pics - take it or leave it ;-)

                                                                            usd touches the bottom during the next month, goes down to around 0.8 eur
                                                                            will start recovering slowly starting july and will stabilize at 0.9-0.95 eur at the end of the year
                                                                            dollar and euro will be worth equally in sept-oct 2004, probably

                                                                            so the best moment to cut up the agony ;-) and convert your usd savings to euros would be dec 2003 ? jan 2004

                                                                            or best to keep usd and spend euros only if you have other sources of income

                                                                            imho usa should haven?t allowed this kind of disaster
                                                                            a half of century long unlimited trust in american currency went down the toilet in less than a half of a year

                                                                            Comment

                                                                            • FATPad
                                                                              Confirmed User
                                                                              • Oct 2001
                                                                              • 6693

                                                                              #39
                                                                              Originally posted by Tex Willer

                                                                              imho usa should haven?t allowed this kind of disaster
                                                                              a half of century long unlimited trust in american currency went down the toilet in less than a half of a year
                                                                              *snortles*
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                                                                              Comment

                                                                              • FlyingIguana
                                                                                aspiring banker
                                                                                • Mar 2002
                                                                                • 10870

                                                                                #40
                                                                                Originally posted by TheMob?


                                                                                You can blame it all on that.
                                                                                you live in halifax? i'm in bedford

                                                                                Comment

                                                                                • TheMob?
                                                                                  Confirmed User
                                                                                  • Jan 2003
                                                                                  • 8584

                                                                                  #41
                                                                                  Originally posted by FlyingIguana


                                                                                  you live in halifax? i'm in bedford
                                                                                  Sweet.

                                                                                  Comment

                                                                                  • Theo
                                                                                    HAL 9000
                                                                                    • May 2001
                                                                                    • 34515

                                                                                    #42
                                                                                    bump

                                                                                    Comment

                                                                                    • iroc409
                                                                                      Confirmed User
                                                                                      • Jan 2003
                                                                                      • 4728

                                                                                      #43
                                                                                      i've got a better idea. let's crash the canadian economy! woohoo! destruction!
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                                                                                      • sacX
                                                                                        Confirmed User
                                                                                        • Dec 2002
                                                                                        • 2998

                                                                                        #44
                                                                                        It'd be helpful if Snow even pretended he supported a strong USD.
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                                                                                        Comment

                                                                                        • notjoe
                                                                                          Confirmed User
                                                                                          • May 2002
                                                                                          • 5599

                                                                                          #45
                                                                                          Originally posted by iroc409
                                                                                          i've got a better idea. let's crash the canadian economy! woohoo! destruction!
                                                                                          This is the most sensible thing yet!


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                                                                                          Comment

                                                                                          • Paul Markham
                                                                                            Too old to care
                                                                                            • Jun 2001
                                                                                            • 52942

                                                                                            #46
                                                                                            Clinton got a blow job off an intern and he was pilloried for it.

                                                                                            Bush went to war, killied thousands fucked the US economy and he's the hero.

                                                                                            Strange world.



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                                                                                            Comment

                                                                                            • psyko514
                                                                                              See sig. Join Epic Cash.
                                                                                              • Oct 2002
                                                                                              • 22366

                                                                                              #47
                                                                                              Originally posted by TheMob?


                                                                                              Sweet.
                                                                                              Swoit.

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                                                                                              • jasonir
                                                                                                Confirmed User
                                                                                                • Aug 2002
                                                                                                • 1887

                                                                                                #48
                                                                                                I also think this sucks.
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                                                                                                Comment

                                                                                                • Hazchem
                                                                                                  Confirmed User
                                                                                                  • Apr 2003
                                                                                                  • 104

                                                                                                  #49
                                                                                                  the $$$ drop is fucked here in Oz we used to get double its now 25% more its fucked
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                                                                                                  Comment

                                                                                                  • ADL Colin
                                                                                                    Too lazy to set a custom title
                                                                                                    • Feb 2001
                                                                                                    • 11929

                                                                                                    #50
                                                                                                    A little perspective.

                                                                                                    Comparing the dollar's value to those of just the past 4 or 5 years says nothing about the long-term exchange rate of the dollar.

                                                                                                    The dollar is where it was against the Euro four years ago, the Swiss Franc 4.5 years ago, and the Franc 7 years ago. Note all those dates were just a few years ago. None were 50 years ago.

                                                                                                    The highest value for the dollar (US Dollar Index) from 1970 to the present was in the mid 1980's. We're not even near it and haven't been recently. The lowest value was in the early 1990s.



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