Fucking Canadian economy.

[Paraskass]

Fucking weak american economy and stronger canadian economy.

FUCKING analysts are saying the american dollar will be worth 1.15$ Canadian before the end of the year.

WTF.

[dready]

Damn!

[Paraskass]

Originally posted by dready
Damn!

where the fuck are those 1.60$ good ol' days.

[Spunky]

Work harder to make up the differance

[reynold]

we'll see...

[Number1Thumb]

hmm my dollar is still worth a dollar, till such time I give fuck all....cheers

[LadyMischief]

Time to get Bush out of office? ;)

[Radik]

it's no joke, it's causing me to consider markets I never thought I would need to enter..

Nasty pron guys!

[kenny]

Damn it! I knew I was getting less change back

[BrainDead]

let's all wait for that... if that's gonna happen!

[Vitasoy]

Originally posted by Paraskass

FUCKING analysts are saying the american dollar will be worth 1.15$ Canadian before the end of the year.

WTF.

That is something I don't want to see.

[crowkid]

Originally posted by LadyMischief
Time to get Bush out of office? ;)

Yea, just go ahead and blame Bush..Even though you offer no solutions, just blame him, he's the guy who's to blame! Good job Scrappy! I'll be sending your Jr. Detective badge in the mail it should be there 5-6 business days!


(Offer only good through November 3rd.
Void where prohibited.
Must be 18 years or older to be accepted.
Please send $2.95 for postage and handling to:
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105 One-Road-Canada Drive
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[TwinTone]

Yep.. get Kerry in office and all our troubles will be over.. everything will be wonderful.. then when we least expect it.. there will be an attack that will make 911 look like an episode of the Teletubies.

[Martin]

I know it SUCKS!

[xxxdesign-net]

Originally posted by TwinTone
Yep.. get Kerry in office and all our troubles will be over.. everything will be wonderful.. then when we least expect it.. there will be an attack that will make 911 look like an episode of the Teletubies.

Looks like Cheney convinced at least one sheep...

[xxxdesign-net]

Btw.. the fucking australian $ was higher than the can$ not too long ago.. now it dropped! Cant we do the same!??

[KCat]

The exchange is killing me. My income has easily dropped $1000/month from the good ol' days.

[VeriSexy]

Originally posted by TwinTone
Yep.. get Kerry in office and all our troubles will be over.. everything will be wonderful.. then when we least expect it.. there will be an attack that will make 911 look like an episode of the Teletubies.

And you think it won't happen with Bush?

[Tempest]

It sucks doesn't it.... I got $1.273 today... just before Bush started the Iraq war it was $1.55. Just one of the reasons he's in my "bad book". Bush is costing me tens of $1,000s a year in revenue. What a fuck up as far as managing the US economy. I could have bought another house or two with the money I've lost because of that idiot.

[FlyingIguana]

Originally posted by Paraskass
Fucking weak american economy and stronger canadian economy.

FUCKING analysts are saying the american dollar will be worth 1.15$ Canadian before the end of the year.

WTF.

where are all those idiots who said to keep us dollars in a chequeing account until the rate got better?

[FlyingIguana]

Originally posted by Tempest
It sucks doesn't it.... I got $1.273 today... just before Bush started the Iraq war it was $1.55. Just one of the reasons he's in my "bad book". Bush is costing me tens of $1,000s a year in revenue. What a fuck up as far as managing the US economy. I could have bought another house or two with the money I've lost because of that idiot.

even if gore got in, the us dollar was overvalued. might not have went down as much, but 1.55+ wasn't gonna last

[sixxxthsense]

Originally posted by Paraskass
Fucking weak american economy and stronger canadian economy.

FUCKING analysts are saying the american dollar will be worth 1.15$ Canadian before the end of the year.

WTF.

swith sponsors to EUROS

[rickholio]

Guys, guys, guys... you're looking at this all wrong.

Okay, the exchange situation is a bad thing, granted. On an individual basis we'll feel the pinch, but if your margins are so razor-thin that the loss of conversion makes you go under, then chances are your business was already on its last legs and you needed to strike off in new directions anyways.

There's a few things can be done to help cushion the blow here...

* Start cutting deals with people who pay in euros. The euro has been gaining steadily over the last couple years and it looks as though it's going to continue. Ditto with the UKP, AUD, Yen, and Rupee... at least, all in comparison with the USD. Diversification is always the best method to mitigate risk.

* Obtain a US funds account so you can perform your own currency speculation and sell when the CAD is down somewhat. There'll still be fluctuations even if it tops out at $1.15. Chances are it won't go any higher than that unless the US economy really starts to collapse on itself. Keep an eye on real estate... if that debt-bubble bursts, it'll be time to divest USD imo.

* If you aren't already, start hosting in the US. As their dollar goes down, so does your hosting costs!

For what it's worth, our economy has been powering along so well that even despite SARS, Mad Cow, and various illegal trade sanctions we've had yet another surplus year. The benefits of that are already being made manifest: witness today's historic agreement in big boosts for medicare.

So as much as you spite the bush regime and disdain the fiscal devastation its leaving in its wake, you can take comfort in knowing that Canada as a whole will benefit from the situation.

[FlyingIguana]

Originally posted by rickholio
Guys, guys, guys... you're looking at this all wrong.

Okay, the exchange situation is a bad thing, granted. On an individual basis we'll feel the pinch, but if your margins are so razor-thin that the loss of conversion makes you go under, then chances are your business was already on its last legs and you needed to strike off in new directions anyways.

There's a few things can be done to help cushion the blow here...

* Start cutting deals with people who pay in euros. The euro has been gaining steadily over the last couple years and it looks as though it's going to continue. Ditto with the UKP, AUD, Yen, and Rupee... at least, all in comparison with the USD. Diversification is always the best method to mitigate risk.

* Obtain a US funds account so you can perform your own currency speculation and sell when the CAD is down somewhat. There'll still be fluctuations even if it tops out at $1.15. Chances are it won't go any higher than that unless the US economy really starts to collapse on itself. Keep an eye on real estate... if that debt-bubble bursts, it'll be time to divest USD imo.

* If you aren't already, start hosting in the US. As their dollar goes down, so does your hosting costs!

For what it's worth, our economy has been powering along so well that even despite SARS, Mad Cow, and various illegal trade sanctions we've had yet another surplus year. The benefits of that are already being made manifest: witness today's historic agreement in big boosts for medicare.

So as much as you spite the bush regime and disdain the fiscal devastation its leaving in its wake, you can take comfort in knowing that Canada as a whole will benefit from the situation.

nobody likes making less for the same work. after the kick in the nuts over the past year or so, this is like another kick.

who the hell pays in euros? everything is so US $ based.

[rickholio]

Originally posted by FlyingIguana
nobody likes making less for the same work. after the kick in the nuts over the past year or so, this is like another kick.

who the hell pays in euros? everything is so US $ based.

We're all feeling the pinch, or at least everyone who earns in USD. We just have to adapt, either by expanding into other markets or into other industries.

I know it feels good to bitch about it, but it doesn't accomplish much. Better to turn that energy into new ways of earning and finding how to best exploit the weak USD.

Maybe this would be a good time for a call to get spammed by partners who pay in anything but USD...

[reynold]

let's just hope for the better.

[Steen2]

Originally posted by Number1Thumb
hmm my dollar is still worth a dollar, till such time I give fuck all....cheers

Lol, until you convert $1 = 10 yen? Still worth $1 ya know.

[SleazyDream]

1.15 makes baby jesus cry

[Tempest]

So it was bugging me about what's "caused" this drop in the exchange rate.. so I just grabbed the exchange rates since Jan 2000 ($1.45) ... the rate was going up slightly.. 9/11 ($1.56) happened and there wasn't even a dip.. nada.. nice and steady.. a dip around Jul/02 but it gets back up to about the same level.. then.. Jan 28,2003 ($1.54) Bush does state of the union address where he says he's ready to attack Iraq without a UN mandate... the exchange rate starts to head down a bit.. sort of hard to tell for sure.. But war starts Mar 20th ($1.47) and the exchange heads on down "end of major combat" May 1 ($1.42) until about Mid June 20 ($1.34). Gone up and down a bit from there..

Data exchange rates I used were actually higher than what one would get at the bank.

I don't know.. When you see the graph over the last 3.5 years it seems pretty obvious that the war triggered the drop.

[Doctor Dre]

Damn I really want my 1.50 back ... daaaamn

[rickholio]

Originally posted by Tempest
So it was bugging me about what's "caused" this drop in the exchange rate.. so I just grabbed the exchange rates since Jan 2000 ($1.45) ... the rate was going up slightly.. 9/11 ($1.56) happened and there wasn't even a dip.. nada.. nice and steady.. a dip around Jul/02 but it gets back up to about the same level.. then.. Jan 28,2003 ($1.54) Bush does state of the union address where he says he's ready to attack Iraq without a UN mandate... the exchange rate starts to head down a bit.. sort of hard to tell for sure.. But war starts Mar 20th ($1.47) and the exchange heads on down "end of major combat" May 1 ($1.42) until about Mid June 20 ($1.34). Gone up and down a bit from there..

Data exchange rates I used were actually higher than what one would get at the bank.

I don't know.. When you see the graph over the last 3.5 years it seems pretty obvious that the war triggered the drop.

Do an overly graph of the exchange rate of CAD/USD against the cost of light crude oil per barrel at the same time...

... and then check up on how much trade we do with the US in natural resources.

[Tempest]

Originally posted by rickholio
Do an overly graph of the exchange rate of CAD/USD against the cost of light crude oil per barrel at the same time...

... and then check up on how much trade we do with the US in natural resources.

Too much work man. Took me longer to type the message than to get the data into Excel and make the graph.. Why don't you just "tell" me about it..

Besides, I'm sure things like crude oil prices etc. could also be attributed to the war. Or could be "spun" that way.

[daveylapoo]

Anybody tried this?

http://www.xe.com/ucc/

Been thinking about it for a while - It's a couple points better than the banks here.

[JFK]

Originally posted by SleazyDream
1.15 makes baby jesus cry

makes me cry too

[FlyingIguana]

Originally posted by rickholio
We're all feeling the pinch, or at least everyone who earns in USD. We just have to adapt, either by expanding into other markets or into other industries.

I know it feels good to bitch about it, but it doesn't accomplish much. Better to turn that energy into new ways of earning and finding how to best exploit the weak USD.

Maybe this would be a good time for a call to get spammed by partners who pay in anything but USD...

who says i'm wasting energy complaining? i'm just stating facts...

[Phoenix]

man..that sucks...all so some fuck nut canmake more money on oil


someone should cap his ass real soon

[FlyingIguana]

Originally posted by Tempest
So it was bugging me about what's "caused" this drop in the exchange rate.. so I just grabbed the exchange rates since Jan 2000 ($1.45) ... the rate was going up slightly.. 9/11 ($1.56) happened and there wasn't even a dip.. nada.. nice and steady.. a dip around Jul/02 but it gets back up to about the same level.. then.. Jan 28,2003 ($1.54) Bush does state of the union address where he says he's ready to attack Iraq without a UN mandate... the exchange rate starts to head down a bit.. sort of hard to tell for sure.. But war starts Mar 20th ($1.47) and the exchange heads on down "end of major combat" May 1 ($1.42) until about Mid June 20 ($1.34). Gone up and down a bit from there..

Data exchange rates I used were actually higher than what one would get at the bank.

I don't know.. When you see the graph over the last 3.5 years it seems pretty obvious that the war triggered the drop.

there was talk that the usd was gonna drop long before 9/11. it just made the process accelerate

[IYP_Mich]

I think all of us canadians working in this biz are unhappy with that too since we get us checks wich worthed a lot more money 3 years ago.

[sherie]

Originally posted by crowkid
Yea, just go ahead and blame Bush..Even though you offer no solutions, just blame him, he's the guy who's to blame! Good job Scrappy! I'll be sending your Jr. Detective badge in the mail it should be there 5-6 business days!


(Offer only good through November 3rd.
Void where prohibited.
Must be 18 years or older to be accepted.
Please send $2.95 for postage and handling to:
Dumb Canuck Fucks
105 One-Road-Canada Drive
Canuck, Canada 7482348ftif8283f)

LOL Canuck Canada? I'll be sending your Jr. Geography badge in the mail, don't worry about the S & H - I got it covered. ;)

[CDSmith]

Originally posted by crowkid
Canuck, Canada 7482348ftif8283f)

Man that's one funky-assed long postal code. Holy shit. That must be one of those "special" postal codes I've heard so much about, and the people at Canada post won't talk about.

[FlyingIguana]

Originally posted by CDSmith
Man that's one funky-assed long postal code. Holy shit. That must be one of those "special" postal codes I've heard so much about, and the people at Canada post won't talk about.

think its for the igloo communities in northern labrador

[sherie]

Originally posted by FlyingIguana
where are all those idiots who said to keep us dollars in a chequeing account until the rate got better?

I'm one of those idiots. It has gone up and down. I have both US and CDN bank accts. Both business and personal. I exchange as I see fit. Seeing as tho I get paid in both US and CDN dollars I don't feel as tho I am an idiot. Quite frankly, I can survive just fine off the CDN bank account while my US accounts flourish. I use the US money when paying in US and my personal US account when going to the US or anywhere else that accepts US currency. IMO the idiots are the ones that solely rely on the US $.

[Goatse]

If you're not happy, just move to India or Thailand. You'll get more bang for your buck in a third World country. The days of 1.63 are long gone, and they won't return.

[kane]

for some reason it seems wierd to me that people are bitching because their economy is strong.

[Phoenix]

Originally posted by kane
for some reason it seems wierd to me that people are bitching because their economy is strong.

yeah but i get paid in american...so i have already seen a 20% decrease in my earnings..that is hard to make up...and if it drops again..it just sucks..lol

[Screaming]

thats not cool at all

[FlyingIguana]

Originally posted by sherie
I'm one of those idiots. It has gone up and down. I have both US and CDN bank accts. Both business and personal. I exchange as I see fit. Seeing as tho I get paid in both US and CDN dollars I don't feel as tho I am an idiot. Quite frankly, I can survive just fine off the CDN bank account while my US accounts flourish. I use the US money when paying in US and my personal US account when going to the US or anywhere else that accepts US currency. IMO the idiots are the ones that solely rely on the US $.

how are you an idiot if in your business companies only pay in american dollars?

i thought it was funny when people said the rate would go back up when it never came close and is still dropping.