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-   -   WTF US DOLLAR JESUS (http://archives1.twoplustwo.com/showthread.php?t=540260)

fnord_too 11-07-2007 01:50 PM

Re: WTF US DOLLAR JESUS
 
You all realize that a weakening dollar actually helps US based companies, right? Because products made here are now cheaper relative to products made in places whose currencies are killing ours. Its like everyone who borrowed from or lent to us (that is, everyone outside the US with US currency or holding US debt) is getting shafted. The only down side is foreign products cost relatively more, and there are a lot of products that are no longer manufactured here at all. Also, for you foreign travelers it sucks, but that sadly does not affect me right now.

Daddys_Visa 11-07-2007 01:58 PM

Re: WTF US DOLLAR JESUS
 
[ QUOTE ]
You all realize that a weakening dollar actually helps US based companies, right? Because products made here are now cheaper relative to products made in places whose currencies are killing ours. Its like everyone who borrowed from or lent to us (that is, everyone outside the US with US currency or holding US debt) is getting shafted. The only down side is foreign products cost relatively more, and there are a lot of products that are no longer manufactured here at all. Also, for you foreign travelers it sucks, but that sadly does not affect me right now.

[/ QUOTE ]

It's true that the companies selling goods overseas are making money off the weak dollar everytime they convert their foreign revenue into US monies. But the US spends WAY more money buying foreign goods than they export themselves, so I have to think the net result hurts the US more than it helps.

Mantis Ant 11-07-2007 02:44 PM

Re: WTF US DOLLAR JESUS
 
So where's the graph?

ahnuld 11-07-2007 02:49 PM

Re: WTF US DOLLAR JESUS
 
[ QUOTE ]
$100 canadian, whats that, like 3 cents american

[/ QUOTE ]

about 109.50$ american. Please to be buying all your discounted assets?

chicken10der 11-07-2007 02:52 PM

Re: WTF US DOLLAR JESUS
 
so everyone didn't trade in all their money for flooz several years ago like i did? suckers

FoxInTheHenHouse 11-07-2007 03:07 PM

Re: WTF US DOLLAR JESUS
 
[ QUOTE ]
You all realize that a weakening dollar actually helps US based companies, right? Because products made here are now cheaper relative to products made in places whose currencies are killing ours. Its like everyone who borrowed from or lent to us (that is, everyone outside the US with US currency or holding US debt) is getting shafted. The only down side is foreign products cost relatively more, and there are a lot of products that are no longer manufactured here at all. Also, for you foreign travelers it sucks, but that sadly does not affect me right now.

[/ QUOTE ]

Yup and it means that all the manufacturing companies in Canada who export to the U.S. are suddenly panicked by the strong Canadian dollar. We just lost our competitive edge....

goofyballer 11-07-2007 03:25 PM

Re: WTF US DOLLAR JESUS
 
WHEW

BEEN LIKE A WEEK SINCE THE LAST TIME SOMEONE MADE ONE OF THESE THREADS

STARTIN TO FREAK OUT THAT NOBODY HAD UPDATED ME ON THE LATEST MOVES OF THE U.S. DOLLAR

grando 11-07-2007 03:38 PM

Re: WTF US DOLLAR JESUS
 
you should post your thanks in letter form

martijn 11-07-2007 04:13 PM

Re: WTF US DOLLAR JESUS
 
first neteller withdrawal 1 year ago, 3000$=2800 euro
last weeks neteller withdrawal, 3000$=2080 euro, yeey

Mothercanuck 11-07-2007 04:18 PM

Re: WTF US DOLLAR JESUS
 
[ QUOTE ]
who cares if canadians have more money, they can't even buy healthcare.

[/ QUOTE ]
uhmmm is this a joke? We don't need to buy it like you do...ITS FREE!!!


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