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-   -   My American money is quickly becoming worthless! (https://gfy.com/showthread.php?t=131406)

FATPad 05-06-2003 09:30 AM

And people wonder why Americans think they're the center of the universe.

Pornwolf 05-06-2003 09:30 AM

Hmm... It sounds like a good time for you guys to start buying dollars and holding them. This dip won't last forever, take advantage of it. In mere weeks you could end up with a 12% profit on what you have today in Euros.

Paul Markham 05-06-2003 09:33 AM

Quote:

Originally posted by pornJester
Booohooo, we're the only reason your country isn't a Nazi Germany colony right now :321GFY
He lives in Canada and from some of the recent developements it seems the US is the Land of the Free only if you do as Bush and Ash???? tell you.

You Canadians are getting off lightly, we've seen the dollar fall from a 40 Czech Krown to 28, now that sucks.

iroc409 05-06-2003 09:37 AM

ahahahha. these threads are fun. people are silly.

AWC 05-06-2003 09:38 AM

Fucking whiners... bash the states then bitch about the coin you make here. Just send all your pitufl USDs back to the states where they belong... send them to me.

heymatty 05-06-2003 10:24 AM

Changed a few k into Canadian today and got 1.3850 if it goes below 1.200 I will move to the US for sure.

FlyingIguana 05-06-2003 11:28 AM

Quote:

Originally posted by Pornwolf
Hmm... It sounds like a good time for you guys to start buying dollars and holding them. This dip won't last forever, take advantage of it. In mere weeks you could end up with a 12% profit on what you have today in Euros.
american currency was overvalued, now its down to a more reasonable level. if the deficit goes up even more, the dollar could still have some room to drop. also, keep your eye on inflation, if that starts picking up without economic growth keeping pace, the dollar could drop even more.

not looking good for the american dollar.

TheFLY 05-06-2003 11:38 AM

Tell me where to move so I can live like a king on $100/month

seven 05-06-2003 12:02 PM

Quote:

Originally posted by TheFLY
Tell me where to move so I can live like a king on $100/month
Timbaktu

FlyingIguana 05-06-2003 12:06 PM

Quote:

Originally posted by TheFLY
Tell me where to move so I can live like a king on $100/month
ethiopia

Spunky 05-06-2003 12:27 PM

50 :glugglug

webgurl 05-06-2003 12:31 PM

uuumm strange......don't u guys (canadians) have a US Bank account ? Just deposit there and let it sit till the currency improves. Or your so broke ass that every cheque u get u have to cash it in ASAP ? :1orglaugh

FlyingIguana 05-06-2003 12:46 PM

Quote:

Originally posted by webgurl
uuumm strange......don't u guys (canadians) have a US Bank account ? Just deposit there and let it sit till the currency improves. Or your so broke ass that every cheque u get u have to cash it in ASAP ? :1orglaugh
thats a complete waste of money. plus nobody knows if it will improve relative to the canadian dollar.

webgurl 05-06-2003 01:01 PM

Quote:

Originally posted by FlyingIguana


thats a complete waste of money. plus nobody knows if it will improve relative to the canadian dollar.

Waste of Money ? What are u Talking about?
Its sitting in your bank account like a savings account and collecting interest. How is that a waste of money totally doesn't make sense u should elaborate. So if the currency doesn't change anytime soon then u pull it out at a later time.
Thats what i meant by desperate broke asses that need to cash their shit in as soon as they get their cheques . *sigh*

FlyingIguana 05-06-2003 01:07 PM

Quote:

Originally posted by webgurl


Waste of Money ? What are u Talking about?
Its sitting in your bank account like a savings account and collecting interest. How is that a waste of money totally doesn't make sense u should elaborate. So if the currency doesn't change anytime soon then u pull it out at a later time.
Thats what i meant by desperate broke asses that need to cash their shit in as soon as they get their cheques . *sigh*

interest from a bank account is a waste of money. there are much better ways to use your money than collecting some pathetic interest rate.

webgurl 05-06-2003 01:12 PM

Quote:

Originally posted by FlyingIguana


interest from a bank account is a waste of money. there are much better ways to use your money than collecting some pathetic interest rate.

yeah i agree interest bank rates are pathetic , but i am just saying that there's nothing wrong with your money sitting in account its yours and not going anywhere. Thats what i do and when the rates go UP then i transfer it , if it doesn't no big deal . :glugglug

Shoplifter 05-06-2003 01:38 PM

Quote:

Originally posted by webgurl


Waste of Money ? What are u Talking about?
Its sitting in your bank account like a savings account and collecting interest. How is that a waste of money totally doesn't make sense u should elaborate. So if the currency doesn't change anytime soon then u pull it out at a later time.

The interest in the bank account is less than the rate the USA dollar is devaluing as compared to the Canadian dollar. So if you sit it there it's a loss. The interest rate on a US dollar savings account is like what, maybe 0.5 %

I try to get mine into a bond fund that has a rate high enough to counter this as well as security.

It's tough to be a Canadian these days, the man is really taking it out on us.

FlyingIguana 05-06-2003 01:49 PM

Quote:

Originally posted by Shoplifter


The interest in the bank account is less than the rate the USA dollar is devaluing as compared to the Canadian dollar. So if you sit it there it's a loss. The interest rate on a US dollar savings account is like what, maybe 0.5 %

I try to get mine into a bond fund that has a rate high enough to counter this as well as security.

It's tough to be a Canadian these days, the man is really taking it out on us.

bonds aren't really a great place to stash your money right now. interest rates will most likely go up from here, which means lower bond prices.


and yes there is something wrong with sticking your cash in a low interest rate savings account. you're losing out on what could be made if you put that money in equities. there are some solid companies out there that pay a 7% dividend yield. i'll take that over some dinky bank account interest anyday. especially when the greenback might not rebound, meaning an actual loss on your money.

jasonir 05-06-2003 02:26 PM

More bad news.. http://quote.bloomberg.com/apps/news...k&refer=canada http://stifu.free.fr/Board/images/smilies/cry.gif

miob 05-06-2003 03:28 PM

shit:feels-hot

Carrie 05-06-2003 03:53 PM

I love it. God I LOVE IT!!
Before the war, we Americans were getting attacked left and right from you guys, saying things like
"How dare you - do you think you run the world?"
"You are NOT all-powerful"
"Without >insert insignificant country here<, you'd be nothing!"
"I hope America gets taken over"
"It would mean nothing to the world if America disappeared tomorrow"
ETC ETC ETC - trying to beat us down, trying to show how much BETTER you are...

And now what are your asses doing?
Whining, complaining, and BEGGING that we fix our dollar... why?

Because what goes on in America DOES affect you, you fuckers - and we CAN decide whether you've got money to pay your bills or not.
You wanted to bitch and call us evil and not support us before the war? You big keyboard warriors all high and happy on your new opportunity to bash the US - and now you're all whining because you make less money and it's the US that is controlling it -
PAYBACK'S A BITCH, AIN'T IT??

Fletch XXX 05-06-2003 03:59 PM

Quote:

Originally posted by Carrie
high and happy
:smokin

gruffy 05-06-2003 04:02 PM

Quote:

Originally posted by Shoplifter



It's tough to be a Canadian these days, the man is really taking it out on us.


Not really, if you have it and din't convert it high then its a good time be buying up domains / dedicated servers / content / design.

Fuck, basic economics here.

Bake 05-06-2003 04:33 PM

The USD$ is the weakest it has been for ages Its not other country's doing better its the USD$ doing so badly.Im going to hang on for a few weeks and see before I cash my next lot of checks. I do belive it's time Bush takes his head out of his ass and fixes some domestic problem's.

seven 05-06-2003 11:29 PM

Quote:

Originally posted by Carrie
And now what are your asses doing? Whining, complaining, and BEGGING that we fix our dollar... why?
Really? I didn't see that happening.. are you seeing them kneeling down begging for mercy too for whatever? :winkwink:

xxxdesign-net 05-06-2003 11:37 PM

Quote:

Originally posted by Carrie
I love it. God I LOVE IT!!
Before the war, we Americans were getting attacked left and right from you guys, saying things like
"How dare you - do you think you run the world?"
"You are NOT all-powerful"
"Without >insert insignificant country here<, you'd be nothing!"
"I hope America gets taken over"
"It would mean nothing to the world if America disappeared tomorrow"
ETC ETC ETC - trying to beat us down, trying to show how much BETTER you are...

And now what are your asses doing?
Whining, complaining, and BEGGING that we fix our dollar... why?

Because what goes on in America DOES affect you, you fuckers - and we CAN decide whether you've got money to pay your bills or not.
You wanted to bitch and call us evil and not support us before the war? You big keyboard warriors all high and happy on your new opportunity to bash the US - and now you're all whining because you make less money and it's the US that is controlling it -
PAYBACK'S A BITCH, AIN'T IT??


Damn, you make as much sense as that Limbaugh guy... :Hollering

flashfire 05-07-2003 02:09 AM

Quote:

we CAN decide whether you've got money to pay your bills or not.
Whats this WE all about...you have nothing to do with the american dollar. I think all people are saying is they hope the US economy rebounds. I'm not gonna slam the US but alot of you guys should really look whats happening here, when your dollar is falling over a cent in one day this means somethings wrong and maybe bush should worry about more than what war to fight. The US economy is dropping like a rock and that effects all our sales. Oh, ya...its not all bad I have been loading up on paid traffic and all other USD expenses.

quiet 05-07-2003 02:14 AM

i can only smile. so happy i pulled everything to CAD a long time ago... against the advicement of my bank

:)


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