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Old 05-20-2003, 01:35 PM   #1
NoCarrier
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Losing $$$$$$$$$$$ because of the US Currency problems.



ARGH!!! Do something guys.. PLEASE!

1$ US = 1.35 CDN

I think I need a drink..

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Old 05-20-2003, 01:36 PM   #2
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just vote for a better president next time
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Old 05-20-2003, 01:37 PM   #3
NoCarrier
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just vote for a better president next time
I'm canadian, can't vote for them.
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Old 05-20-2003, 01:39 PM   #4
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message was going out to all americans
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Old 05-20-2003, 01:40 PM   #5
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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 ;(
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Old 05-20-2003, 01:41 PM   #6
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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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Old 05-20-2003, 01:44 PM   #7
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regans polcies worked. Bush's will too. Only it will be a democrat in 5 years taking the credit for it.
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Old 05-20-2003, 01:45 PM   #8
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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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Old 05-20-2003, 01:49 PM   #9
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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 at 01:51 PM..
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Old 05-20-2003, 01:52 PM   #10
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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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Old 05-20-2003, 02:08 PM   #11
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ya fuck...for every $1000 i loose $150 or so compare to previous rates ;/
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Old 05-20-2003, 02:10 PM   #12
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Does this mean candybars will go back to 5 cents again?
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Old 05-20-2003, 02:11 PM   #13
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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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Old 05-20-2003, 02:12 PM   #14
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Old 05-20-2003, 02:12 PM   #15
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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?
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Old 05-20-2003, 02:13 PM   #16
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just vote for a better president next time

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Old 05-20-2003, 02:15 PM   #17
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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.
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Old 05-20-2003, 02:15 PM   #18
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It's the economy STUPID
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Old 05-20-2003, 02:15 PM   #19
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Quote:
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.
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Old 05-20-2003, 02:17 PM   #20
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the loonie will stay at .75... fuck gw
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Old 05-20-2003, 02:19 PM   #21
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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
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Old 05-20-2003, 02:19 PM   #22
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Great time to be buying up some servers and content.

hmm, not if you're making US$.
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Old 05-20-2003, 02:23 PM   #23
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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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Old 05-20-2003, 02:24 PM   #24
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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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Old 05-20-2003, 02:28 PM   #25
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Get into currency trading and move your money around globally to offest your losses.
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Old 05-20-2003, 02:29 PM   #26
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get a us currency bank account
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Old 05-20-2003, 02:33 PM   #27
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Get into currency trading and move your money around globally to offest your losses.
hmmm, have you tried this?
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Old 05-20-2003, 02:33 PM   #28
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Get into currency trading and move your money around globally to offest your losses.
..or lose your offsets.
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Old 05-20-2003, 02:35 PM   #29
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Quote:
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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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Old 05-20-2003, 02:35 PM   #30
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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.
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Old 05-20-2003, 02:37 PM   #31
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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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Old 05-20-2003, 02:53 PM   #32
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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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Old 05-20-2003, 02:57 PM   #33
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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.
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Old 05-20-2003, 02:58 PM   #34
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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
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Old 05-20-2003, 03:24 PM   #35
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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?
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Old 05-20-2003, 04:07 PM   #36
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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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Old 05-20-2003, 04:12 PM   #37
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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.
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Old 05-20-2003, 04:38 PM   #38
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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
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Old 05-20-2003, 04:40 PM   #39
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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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Old 05-20-2003, 04:41 PM   #40
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You can blame it all on that.
you live in halifax? i'm in bedford
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Old 05-20-2003, 04:42 PM   #41
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you live in halifax? i'm in bedford
Sweet.
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Old 05-20-2003, 11:19 PM   #42
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bump
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Old 05-20-2003, 11:22 PM   #43
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i've got a better idea. let's crash the canadian economy! woohoo! destruction!
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Old 05-20-2003, 11:50 PM   #44
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It'd be helpful if Snow even pretended he supported a strong USD.
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Old 05-21-2003, 12:00 AM   #45
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i've got a better idea. let's crash the canadian economy! woohoo! destruction!
This is the most sensible thing yet!


YAY MAD COW DISEASE IN CANADA! KILL OUR DOLLAR!
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Old 05-21-2003, 12:31 AM   #46
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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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Old 05-21-2003, 12:34 AM   #47
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Sweet.
Swoit.
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Old 05-21-2003, 12:37 AM   #48
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I also think this sucks.
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Old 05-21-2003, 12:44 AM   #49
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the $$$ drop is fucked here in Oz we used to get double its now 25% more its fucked
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Old 05-21-2003, 03:30 AM   #50
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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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