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Old 12-09-2003, 12:01 PM   #1
web4x
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US Dollar is fucked up big time

http://www.signonsandiego.com/news/b...1b9dollar.html


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Old 12-09-2003, 12:06 PM   #2
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Well it's a good thing for me, none of my investments are in USD.
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Old 12-09-2003, 02:36 PM   #3
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and at the moment it seems there will be no end of th falling of the $ Us
It's a piity, because nobody really things the European Bizz is much better at the moment, except the bankers
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Old 12-09-2003, 02:41 PM   #4
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usd is turning into a 3rd world country currency
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Old 12-09-2003, 03:13 PM   #5
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I like it.
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Old 12-09-2003, 04:04 PM   #6
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It's fallen some against the Can.$ You have George W. to thank.
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Old 12-09-2003, 04:05 PM   #7
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Now that is breaking news.
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Old 12-09-2003, 05:31 PM   #8
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Quote:
Originally posted by cluck
Well it's a good thing for me, none of my investments are in USD.
my stocks are, they have a 25% profit, great yes? well, since the dollar has dropped 20%, I only would have a 5% profit if I would trade them in. This is going way too far, vote that fucker out of office.
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Old 12-09-2003, 06:29 PM   #9
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my stocks are, they have a 25% profit, great yes? well, since the dollar has dropped 20%, I only would have a 5% profit if I would trade them in. This is going way too far, vote that fucker out of office.
My portfolio looks great. Up $150k this year. Of course in US Dollars

The perks of living here I guess.

Here is a stock tip for you. PGHI Might be a penny stock but check it out.
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Old 12-09-2003, 09:20 PM   #10
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Originally posted by Alex From San Diego


My portfolio looks great. Up $150k this year. Of course in US Dollars

The perks of living here I guess.

Here is a stock tip for you. PGHI Might be a penny stock but check it out.
congrats on your profit

concerning the perks: last year it was the other way around, I got 20% more for my dollars, now I'm at the other side and it sucks, if I had more money I would start buying more US dollars or stock, so by the time it swings back around, I can make a profit, damn need more money :-(

You know those guys? Can you advise me a cheap US broker, 'cause I can't buy US penny stocks at my broker.
Thanks
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Old 12-09-2003, 09:40 PM   #11
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does the US care what the downside is to foriegners of a weak dollar?
no.
It's good for us.
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Old 12-10-2003, 02:54 AM   #12
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Originally posted by 12clicks
does the US care what the downside is to foriegners of a weak dollar?
no.
It's good for us.
It will turn back against you sooner than you think
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Old 12-10-2003, 02:59 AM   #13
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business is conducted in usa dollars usually in this industry, have a usa dollar account and pay for everything from there and put all income in there, just like living in the usa, u do not lose....
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Old 12-10-2003, 02:59 AM   #14
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does the US care what the downside is to foriegners of a weak dollar?
no.
It's good for us.
will it still look good when you need a wheelbarrow to carry the currency to buy a loaf of bread?
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Old 12-10-2003, 03:00 AM   #15
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This is going way too far, vote that fucker out of office.
when the elections come you can sure bet my time and money I'll contribute my part for that and he's not even my president.

I am losing 1000s of dollars with his BS ass sitting in the office so why not use some of it to fight him the easy way - the way that's gonna be used this year more than ever, simply because A LOT of people are losing more money than ever.
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Old 12-10-2003, 03:00 AM   #16
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business is conducted in usa dollars usually in this industry, have a usa dollar account and pay for everything from there and put all income in there, just like living in the usa, u do not lose....
except when you have to convert currency to pay your tax bill that is in your local currency.
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Old 12-10-2003, 03:06 AM   #17
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It sucks big time for the ones getting paid in dollars like me. I am losing lots of k's over here and it sucks!

$
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Old 12-10-2003, 03:11 AM   #18
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they're devaluing the dollar on purpose to increase exports, such for us getting paid us in can, good for the us economy in long run
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Old 12-10-2003, 03:12 AM   #19
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I hate it We use euros,
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Old 12-10-2003, 03:19 AM   #20
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business is conducted in usa dollars usually in this industry, have a usa dollar account and pay for everything from there and put all income in there, just like living in the usa, u do not lose....
it would be good if things would be so simple... but they're not (unfortunatelly).
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Old 12-10-2003, 03:20 AM   #21
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except when you have to convert currency to pay your tax bill that is in your local currency.
u don't do biz in ur own country? I do enough biz in Sterling to mean taxes etc can be paid... but still ur right if all ur money is in $$ then u do have to convert some for tax purposes but then again because the $$ is so low tax will be less.
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Old 12-10-2003, 03:22 AM   #22
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u don't do biz in ur own country? I do enough biz in Sterling to mean taxes etc can be paid... but still ur right if all ur money is in $$ then u do have to convert some for tax purposes but then again because the $$ is so low tax will be less.
nah absolutely none. New Zealand barely has the Internet
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Old 12-10-2003, 03:53 AM   #23
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I hate it We use euros,
if you are dependet on the us then yes
otherwise you are on the winner side
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Old 12-10-2003, 03:57 AM   #24
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they're devaluing the dollar on purpose to increase exports, such for us getting paid us in can, good for the us economy in long run
make that short term
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Old 12-10-2003, 09:08 AM   #25
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will it still look good when you need a wheelbarrow to carry the currency to buy a loaf of bread?
we're talking about the US, not the hole in the ground you're from.
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Old 12-10-2003, 09:12 AM   #26
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It's fallen some against the Can.$ You have George W. to thank.
You can also thank major corporations as well... Remember, when these corporations take over another corporation, they usually overpay for the new company which in turn raises prices of their product or lays off it's employees...

So if you complain about the dollar failing... that big corporations for that as well.
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Old 12-10-2003, 09:14 AM   #27
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It will turn back against you sooner than you think
really?
Europe is the tail the US wags.
don't hate the player, hate being playable.
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Old 12-10-2003, 09:24 AM   #28
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It will turn back against you sooner than you think
When it drops another 15% and I cash in some of my other currency for USD? Just means things in the USA are getting dirt cheap for me.
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Old 12-10-2003, 09:27 AM   #29
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Is anyone talking about a u-turn in this??

Anyhow its gotta turn sometime, but when?

This is affecting alot of people
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Old 12-10-2003, 09:36 AM   #30
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This is fucking bas ass situation... I loved the time when EUR & USD was on good balance...
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Old 12-10-2003, 09:42 AM   #31
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it will go up again... just not sure when...
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Old 12-11-2003, 09:55 PM   #32
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it wont get better soon
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Old 12-11-2003, 09:57 PM   #33
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it will go up again... just not sure when...
i think the sun will rise tommorrow too
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