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Old 11-28-2003, 10:17 AM   #51
chowda
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Old 11-28-2003, 10:18 AM   #52
eskimoen
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Quote:
Originally posted by Ray
Not only the Euro, we Canadians are buzzing out as well. I was getting some paperwork done yest, I had some months last year where I was getting $1.53 Can for every $1 US. Today im getting $1.29. Thats a 24% loss.
Acutally no, that's a 24 cent loss. Only 15% ;)

2 years ago I used to get almost 9 danish crowns for each dollar. Now its 6.2

Lets start charging the surfer in euros
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Old 11-28-2003, 10:19 AM   #53
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Quote:
Originally posted by Ron2k1
It's all because of that clown living in a white house
A recession began during the last few months of the Clinton administration and ended after the first few months of the Bush administration. The economy is now kicking ass.
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Old 11-28-2003, 10:25 AM   #54
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Quote:
Originally posted by Battuss
Anyway, just by reading your comments in this thread and the other thread where you brought up how you guys saved our ass in ww2 makes you fool of the day...wait, of the month.
Hmm, the USA saved Europe? I thought they joined in at the end for a few months when they saw UK and Russia were starting to kick the shit out of Germany.
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Old 11-28-2003, 10:35 AM   #55
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Quote:
Originally posted by keyDet79


Hmm, the USA saved Europe? I thought they joined in at the end for a few months when they saw UK and Russia were starting to kick the shit out of Germany.
So true, but that ain't the topic here, not much point in starting it again
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Old 11-28-2003, 10:42 AM   #56
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yup, the US dollar sucks right now...I have an american account just so that I won't lose any $$ so when the dollar goes up I change out a chunk when I can remember. Seeing as I am in the US alot it only makes sense to have a US account.

when I was in Spain I couldn't believe the exchange rate...

50 Euros for 3 Heineken + 2 vodkas that's $80 CDN!!!
mind u I was in Ibiza but still....ridiculous..
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Old 11-28-2003, 10:43 AM   #57
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Quote:
Originally posted by eskimoen


Acutally no, that's a 24 cent loss. Only 15% ;)

True, hehe. I thought 24% sounded a little high. Thank god I have accountants, lol.

However, 15% is still alot of friggen cash...ALOT
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Old 11-28-2003, 10:45 AM   #58
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Quote:
Originally posted by Trax
the only thing i can recommend for europeans is open bank accounts in US currency and convert the money as soon as the euro is less strong
In most "civilized" countries you may open a bank account in any convertible currency. So there is no need to open an account in the U.S. when you just want a US$ account.
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Old 11-28-2003, 10:46 AM   #59
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Quote:
Originally posted by jas1552

A recession began during the last few months of the Clinton administration and ended after the first few months of the Bush administration. The economy is now kicking ass.
That's why the Dollar is on a 10-years low?
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Old 11-28-2003, 10:50 AM   #60
sirrobin
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Quote:
Originally posted by MarcoTC

And are you not scaring away US customers by doing that?
US customers are pretty dumb - half of em dont know the euro symbol - the other half think the dollar is almost at par with the euro

saw no decrease in signups since changing to euro - and i dont have to put with visa usa asinine rules
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Old 11-28-2003, 10:50 AM   #61
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vote for bush next time again...and the dollar will go down more and more.........this freak is americas dead
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Old 11-28-2003, 11:01 AM   #62
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Quote:
Originally posted by Alex From San Diego
I just love American haters....
Where do you see American haters? Somewhere in this thread? I might be blind but didn't find many American haters here...

You american guys don't seem to understand that most people don't hate America when they hate the low dollar rate
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Old 11-28-2003, 11:03 AM   #63
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This is really getting bad now.
I put quite some money on my dollar account for now.
Lets hope the dollar gets back up soon.
With Germany and France ignoring the rules of the "The Stability and Growth Pact" and not getting punished for this it could be that the "pact" falls apart which could bring the dollar to a higher level again.
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Old 11-28-2003, 11:12 AM   #64
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Hail to the Bush administration to do such a great job.

I've heard that they purposely push down the dollar's value in order to give the economy a bump.
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Old 11-28-2003, 11:32 AM   #65
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Quote:
Originally posted by Battuss


Uh yah sure, everybody thinks im an idiot but dont have the guts to say it? I doubt anybody here is afraid to call me an idiot. They are free to do so.

Anyway, just by reading your comments in this thread and the other thread where you brought up how you guys saved our ass in ww2 makes you fool of the day...wait, of the month.

You can be proud of America, np for me, yo can defend you country, np with me but even a 10 yr kid can do it better and more constructive than you.

Come up with something good dude, we all heard the argument about ww2...a zillion times.

Because of people like you Americans in general will continue to be attacked because of their ignorance and blind (read stupid) faith in the government.

Youre a moron.
Dude, you are the one whining. BTW thanks for building us such a great country. Too bad you were too dumb to move here after you "built" it.
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Old 11-28-2003, 11:34 AM   #66
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Back to the serious discussion:

The US had ahuge econimc boon from the end of the cold war. Our current President is pretty comfortable trashing that. So I doubt a dollar acount is the answer for the long haul. We are taking on debt and that is lowering the attractiveness of our currency.
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Old 11-28-2003, 11:39 AM   #67
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Quote:
Originally posted by jas1552

High economic growth rate, low inflation, low interest rates, unemployment at 6% and falling. One problem though is huge trade deficits. The weaker dollar is good for exporters and will hopefully narrow those trade deficits.
Trying to make sense will get you no where here......reminds me of when Reagan devalued the dollar, specifically against the yen.
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Old 11-28-2003, 11:43 AM   #68
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Quote:
Originally posted by keyDet79


Hmm, the USA saved Europe? I thought they joined in at the end for a few months when they saw UK and Russia were starting to kick the shit out of Germany.
Tell that to the 405,399 Americans that lost their lives during World War II.
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Old 11-28-2003, 11:49 AM   #69
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Quote:
Originally posted by mr rick


Tell that to the 405,399 Americans that lost their lives during World War II.
Can you not see that WW2 is not the subject here..? Yes America lost allot of life, but I see you have no figures for the UK or Euopre. What are you arguing about!
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Old 11-28-2003, 12:40 PM   #70
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1.20? my god..i was just there 3 weeks ago and it was 1.12 or so
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Old 11-28-2003, 12:45 PM   #71
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$1 = 0.80 euro cent

so $1000 = 800 Euro, this means we loose 200 Euro every $1k

better bush get that dollar back up
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Old 11-28-2003, 01:16 PM   #72
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Quote:
Originally posted by SR
With Germany and France ignoring the rules of the "The Stability and Growth Pact" and not getting punished for this it could be that the "pact" falls apart which could bring the dollar to a higher level again.
Dude, nobody and nothing can beat Bush
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Old 11-28-2003, 01:42 PM   #73
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Quote:
Originally posted by Reak
$1 = 0.80 euro cent

so $1000 = 800 Euro, this means we loose 200 Euro every $1k

better bush get that dollar back up
Are you loose or do you lose?


waaaaa.....my pussy hurts...

suck it up and drive on...all this whining isn't going to make things change...deal with it.
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Old 11-28-2003, 02:22 PM   #74
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Old 11-28-2003, 02:34 PM   #75
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Whats the Canadian -> Euro conversion rate?
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Old 11-28-2003, 02:39 PM   #76
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Lets all move to Belize
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Old 11-28-2003, 02:49 PM   #77
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it's interesting the disconnect between european economic data and the euro. The euro doesn't reflect the situation in europe it is in fact responding to dollar weakness.

Hopefully the US economy will sustain this rebound, the jury is still way out on that. Anyone can generate 8.2% growth with some quick tax cuts and spending a shitload of money. You can't keep spending money and cutting taxes though so when that money has washed through the system the question is will the economy be able to generate further expansion.

Nobody will be laughing if the US economy stops performing.

anyway buy currency options, by far the best way to stop currency pain.
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Old 11-28-2003, 04:21 PM   #78
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Hopefully it will turn around as the election gets closer and Bush gets closer to going back to Texas.

What a mess the entire three years of Bush's rein has been for Americans.
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Old 11-28-2003, 06:05 PM   #79
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Really, this sucks dude...
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Old 11-28-2003, 06:20 PM   #80
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This is getting bad all over. If the dollar falls to $2 for 1 GBP I'm gonna be really pissed.
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Old 11-28-2003, 06:21 PM   #81
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life is good
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Old 12-03-2003, 04:41 PM   #82
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1 EU = 1.2112 USD

http://money.cnn.com/markets/currencies/

Getting worse
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Old 12-03-2003, 04:43 PM   #83
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You are a US hater!!!!

LOL

Joking....
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Old 12-03-2003, 04:45 PM   #84
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1 EU = 1.2112 USD

http://money.cnn.com/markets/currencies/

Getting worse
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Old 12-03-2003, 06:23 PM   #85
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:stoned

Don't just sit there watching the dollar fall and crying about it! Make some money off it, the $ slide is an awesome opportunity.....I've made over $8.5K this week betting on the Euro/$ rise................easy

Try it http://www.betonmarkets.com
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Old 12-03-2003, 06:36 PM   #86
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Originally posted by cafeaulait
Don't just sit there watching the dollar fall and crying about it! Make some money off it, the $ slide is an awesome opportunity.....I've made over $8.5K this week betting on the Euro/$ rise................easy

Try it http://www.betonmarkets.com
Is this shit real?
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Old 12-03-2003, 06:43 PM   #87
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Yep, its for real, I've been playing it for a few months now, just following the dollar down. You know exactly how much you're risking before you place the bet. You know the potential return and you set the time you want the bet to run over.

Its a good way to hedge against income loss due to currency or markets moving against you. Its tax free and its good fun.

Last edited by cafeaulait; 12-03-2003 at 06:46 PM..
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Old 12-03-2003, 06:48 PM   #88
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but how much cheaper is everything to buy now? content, traffic etc. It's not 100% doom and gloom.
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