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-   -   DOLLAR will be a real shit (https://gfy.com/showthread.php?t=180782)

Reak 10-08-2003 06:50 AM

50 shit dollars.

cluck 10-08-2003 06:56 AM

Quote:

Originally posted by Alessandro


I am also pissed off .
But you are thinking to the wrong direction . Use this situation for you ! Time to invest ! Buy content from US , bannerspots , etc ....

If your payment processor is in the US your earnings are still going to suffer because of the exchange rate.

quantum-x 10-08-2003 07:09 AM

the aussie $ is fucked, too. .70 US cents, and rising and staying high.

I remember it used to be .54, fuck, wish i was actually earning more than $50 a paycheck then ;)

ortika 10-08-2003 07:26 AM

1.18?=1$
The real shit will start these 2 weeks ...

If you come from Europe and get paid in $ you will lost ('like me) 25+%

It's terrible

Bush is the best

quantum-x 10-08-2003 07:29 AM

Quote:

Originally posted by ortika
Bush is the best [/B]
are you serious? arnie could do a better job than he could!

sherie 10-08-2003 07:42 AM

Quote:

Originally posted by crockett


yes that is the truly sad part... if only Garry Colmen would run I 'd vote for his ass over Bush any day...

Is this the same Gary Colemen that says that there is no need for the Internet? No money to be made on the Internet? Good choice LOL

jennycards 10-08-2003 07:54 AM

Quote:

Originally posted by ortika
It starting today 1.16?=1$ and it will continue !
If you are not american you'll lost a lot ...
Economists say 1.25 for the new year and up to 1.30 in one year ( for elections ) ...

What do you think about Bush ?
He fucks economy , kill a lot of people , ....
Good president :321GFY

In fact it's the other way round ... 1 Euro buys you 1.16 US$ :Graucho

S.L.L.D 10-08-2003 08:13 AM

Quote:

Originally posted by freeones


The fucking problem is that you never know what's going to happen. Just like stocks, you always buy the wrong ones.

mmmhhh. you can always jump on the market makers bandwagon. Suckers buy the wrong ones :)

Phoenix 10-08-2003 08:18 AM

i just bought some american currency


1.35 thats damn cheap:thumbsup

S.L.L.D 10-08-2003 08:19 AM

Quote:

Originally posted by FlyingIguana


interest rates won't go up anytime soon

:1orglaugh
where do you live?
Wait till December.

AkiraSS 10-08-2003 08:24 AM

:mad: Dollar still going down

http://finance.yahoo.com/m5?s=USD&t=EUR&a=1&c=3

DeepDish 10-08-2003 08:27 AM

Seems all EU countries fucked up the USD and Bush helped also about that, now is good to promote the Europian sponsors, they pay in EURO!
The USD going down every fucking day....

ortika 10-08-2003 08:29 AM

Quote:

Originally posted by quantum-x


are you serious? arnie could do a better job than he could!


yes of course i'm serious ... why ?

You don't think kill innocent people is good ? kill the world's economy isn't good ? be stupid isn't good ?

Yes bush is the best ... the best ignorant

stocktrader23 10-08-2003 08:31 AM

Quote:

Originally posted by McSpike
KK,

You don't get it. If you get paid in dollars and live in EU, how can your short the dollar if you have to USE it to live in Europe? You don't see the whole picture because you live in the US.


It's called HEDGING. You short it with a contract.

www.oanda.com

$20 and you are all set.

Phoenix 10-08-2003 08:33 AM

Quote:

Originally posted by stocktrader23



It's called HEDGING. You short it with a contract.

www.oanda.com

$20 and you are all set.

good advice...i need to get at it myself

Jimmer 10-08-2003 08:34 AM

I live in Canada but work for an american company that depends on a strong US dollar. We have been forced to cut expenses in a number of areas.
I am making less money in this biz also because of this.

AkiraSS 10-08-2003 08:41 AM

if the dollar gets near 0.90 again, I am changing all my dollars into euros..

extreme hardcore 10-08-2003 08:52 AM

Quote:

Originally posted by Seb From Holland


Importing goods from America will be cheaper for Europeans if the Euro > Dollar.

Suppose I bought 100 chairs in America for $100 each. I'd pay a total of $10,000. At the current exchange rate that would be a total of ?8,626. Suppose the dollar weakens even more and the rate will be ?1=$1.20. I'd pay a total of ?8,333 instead of my original ?8,626 for my chairs. Now how could this be bad for me eh?

You are missing the big picture here. We (no us people) are selling more to the US than buying from them. A lower $ is bad for us. For the US people a lower dollar is ok for two reasons.

The US has a big debt in dollars and a lower dollar wil make it easier for the US to pay it back. And the prices for US products will be cheaper within and outside the US when compared to non US products. This will help the US economy and bring more jobs to american people.

There will be a huge problem for the US when the dollar falls too fast becouse foreign investors will loze confidense and sell thier investmenst and then the dollar will drop even faster. A controlled devaluation of the dollar will help the US economy tho.

(edit: yea i know my english is crap...)

FlyingIguana 10-08-2003 09:14 AM

Quote:

Originally posted by S.L.L.D

:1orglaugh
where do you live?
Wait till December.

i know a lot more about this stuff than you do...

inflation is too low and the economy isn't creating enough jobs

genomega 10-08-2003 09:20 AM

Quote:

Originally posted by Alessandro


I am also pissed off .
But you are thinking to the wrong direction . Use this situation for you ! Time to invest ! Buy content from US , bannerspots , etc ....

You assume that this person can think in any direction?

:Graucho

ADL Colin 10-08-2003 09:34 AM

The president doesn't control the money supply in the US. Just so ya know. ;-)

genomega 10-08-2003 10:03 AM

Quote:

Originally posted by extreme hardcore


You are missing the big picture here. We (no us people) are selling more to the US than buying from them. A lower $ is bad for us. For the US people a lower dollar is ok for two reasons.

The US has a big debt in dollars and a lower dollar wil make it easier for the US to pay it back. And the prices for US products will be cheaper within and outside the US when compared to non US products. This will help the US economy and bring more jobs to american people.

There will be a huge problem for the US when the dollar falls too fast becouse foreign investors will loze confidense and sell thier investmenst and then the dollar will drop even faster. A controlled devaluation of the dollar will help the US economy tho.

(edit: yea i know my english is crap...)

:thumbsup

Yes it's called welfare reform on a world scale.

The free ride is over.

:Graucho


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