another record day
do you notice a pattern?
do you notice a pattern?
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Dollarbankaccount. -
$ sucks
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Europe becomes an expensive tourism destination for americans.
Imports/Exports are getting disturbed and above all that europeans complain for the rising of goods and services prices in their countries from the moment Euro was introduced.
Assuming EUR/USD hits 1.45-1.50 mark till summer, which major consequences do you see?Comment
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That hurts my eyes
I put quite some money in a dollar account but not sure if that was a great move.
They say it could go up the 1.50.
It sucks big time.Comment
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EU says they'll intervene at $1.35, so maybe that'll be the limit.Somebody stole my damn signture...Comment
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when CCBill will charge our members with Euro?WATCH MORE PORNComment
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I read some weeks ago that 1.25 was the critical point
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Hold it.Originally posted by SR
That hurts my eyes
I put quite some money in a dollar account but not sure if that was a great move.
They say it could go up the 1.50.
It sucks big time.
Hold hold hold!
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Hope so! It's getting harder and harder to complete with the content providers based in the US because we still need to pay all our costs in euroOriginally posted by Troels
I read some weeks ago that 1.25 was the critical point
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It will touch the 1.50
Im pretty sure of it.....mark my words.Don't let greediness blur your vision | You gotta let some shit slide
icq - 441-456-888Comment
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It will go up to 1.35 - and stay here for a while.
It sucks.Comment
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I'm trying to devirsify my acount and I'm using some euro sponsors now... I am doing great with Blue Level Cash, they pay up to 75? (= almost 100$) per join! DAMN
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A correction phase would be healtly, overall for the european economy. Another US stock markets are climbing again so maybe the interest rates will be touched by FED in the 2004.
I dont think they want eur/usd to 1,50 but it is just an opinion
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As im located in europe (as many people here i guess) and get my checks in dollar currency i lose about 20-25% cause of it. Iv been considering opening a dollar bankaccount and just put all the money in there until it goes up again. But that can take a while, so the money would be stuck until then.
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well I have opened a dollar bank account since I'm in Europe too. Am going to wait a year or 2 to convert the money. Even if the dollar gets to 1.10 I get a rise of 12% on 2 yearsOriginally posted by Gals4free
As im located in europe (as many people here i guess) and get my checks in dollar currency i lose about 20-25% cause of it. Iv been considering opening a dollar bankaccount and just put all the money in there until it goes up again. But that can take a while, so the money would be stuck until then.
Sucks mayor ass for us european webmasters
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I'm sure the euro won't go down! But ithink it will stablize soon!
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guess it'll keep going higher and higher till that ass of a president finally gets lost...
it's so fucked for us EU webmasters... my earnings are devaluating everyday.
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For me being from Europe it's actually very good as I can buy content at very good rates and make American content producers happy. I am now also buying content I wouldn't have bought with a premium of 25 %.
USD Paysites might see more signups as it's much cheaper for Europeans now to join a USD paysite.
And those paysite owners can be happy: Porsches won't be more expensive as Porsche's management was already seeing this development last year and covered their US prices until 2006.
What really sucks is that traveling to Europe is getting ridiculous expensive for Americans.
But which American webmaster knew where Europe is before they learned that they can earn money with European dialers and that 18yr czech girls are obsessed with DPs and throat gagging?
I don't think that the USD will hit 1.35 anywhere before March but I can be terrible wrong if George Soros is behind all this, planning his final masterpiece before he retires ;)Comment
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I don't think you will see any easing in the exchange rate for some months and even then I don't think you will see it drop to parity.
It's more than just the US economy and it's more than just the EU intervening. There are some other major countries who hold very large amounts of Euros and need to spend in US dollars involved here.
It is in their interest to keep the exchange rate going up and you can bet they are playing all the tricks they can on the money market to esure that they keep getting cheap US dollars.Left intentionally blank ... just like my brainComment
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so how exactly does this help/hurt americans? are we getting less for our money now inside of our own country or just when we try to spend the $ outside of the country? how the world market works is something that i have yet to learn but i'm interested. could someone give me a breakdown on this for americans and not just europeans?
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It'll hit something around 1.35.. and will level off there and then drop again in about 1 year to a level of around 1.20. Thats the average it was at the last 20 years, and I'm sure it will get back to around that level.
The USD economy was overrated BIG TIME in 2000/2001.
And if it hits 1.35 or 1.40 or even more then the EUR economy will be highly overrated. It'll land somewhere inbetween 1.10 and 1.20 like it was most of the time."Think about it a little more and you'll agree with me, because you're smart and I'm right."
- Charlie MungerComment
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A low $$ helps the americans because exporting goods is a lot easier. It hurts Europe bigtime because we basically either lose 25% of our US income or we leave it all since customers will just leave if we regulate our US prices this much.Originally posted by nap
so how exactly does this help/hurt americans? are we getting less for our money now inside of our own country or just when we try to spend the $ outside of the country? how the world market works is something that i have yet to learn but i'm interested. could someone give me a breakdown on this for americans and not just europeans?
Of course, importing goods is also not too easy for the US, but the US does not NEED to import a whole lot of goods."Think about it a little more and you'll agree with me, because you're smart and I'm right."
- Charlie MungerComment
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It's good for me It will mark 1,50 soon without a doubt
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jeez 25%. i see why this is such a big deal for you all. is there any other country that could have this type of affect on the worlds economy our just ours since we are a consumer based economy? thanks for answering my question by the way.Originally posted by Nathan
A low $$ helps the americans because exporting goods is a lot easier. It hurts Europe bigtime because we basically either lose 25% of our US income or we leave it all since customers will just leave if we regulate our US prices this much.
Of course, importing goods is also not too easy for the US, but the US does not NEED to import a whole lot of goods.Comment
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