USD Strenghtening...

KindGrind · Post by **KindGrind** » Thu Oct 23, 2008 12:07 am

CAD plumetting. 15% in 3 weeks, quite a drop.

Looks like I'll have to sell before buying stuff in the future... I'm sure I'm not the only one

Ed Oscuro · Post by **Ed Oscuro** » Thu Oct 23, 2008 12:16 am

Yeah, I noticed that. Any change in the standings between USD and EUR or GBP (or CAD, which I don't think about much but have a bit of) makes me wistful. I end up hanging onto it in any case.

Twiddle · Post by **Twiddle** » Thu Oct 23, 2008 12:20 am

that's because the EUR/GBP is falling. it's more that the USD is almost staying still at this point

Ed Oscuro · Post by **Ed Oscuro** » Thu Oct 23, 2008 1:01 am

Yeah, I don't have enough euromoneys or GBPz to sell to make it worthwhile, and in any case the point where I wanted to do that was months ago.

Post by **nZero** » Thu Oct 23, 2008 9:06 am

Twiddle wrote:that's because the EUR/GBP is falling. it's more that the USD is almost staying still at this point

Bingo. Or maybe falling much more slowly. 97yen to the dollar sucks a very sour brand of nutsack.

Zebra Airforce · Post by **Zebra Airforce** » Thu Oct 23, 2008 9:08 am

Post-workout flavour

KindGrind · Post by **KindGrind** » Thu Oct 23, 2008 11:33 am

Double posts.

KindGrind · Post by **KindGrind** » Thu Oct 23, 2008 11:33 am

To buy 1 USD I recently only had to pay .98$-1$ CAD. Having to pay 1.25$ for it now sucks big time. Especially on huge purchases...

sven666 · Post by **sven666** » Thu Oct 23, 2008 11:52 am

oh yeah.. take a look at the swedish kroner if you guys wanna feel good about your own currencies (apologies if there are any icelandic here, they have it even worse)

http://chart.ecovision.se/scripts/chart ... s=0&mode=0

ed: no hotlinking, just click it to see the graph.

Jockel · Post by **Jockel** » Thu Oct 23, 2008 12:03 pm

that's hard stuff.
you wanna sell some pcbs for good €s? xD

Lordstar · Post by **Lordstar** » Thu Oct 23, 2008 12:13 pm

http://money.uk.msn.com/investing/artic ... d=10310301

MSN breaks it down for the simpletons . . . and me.

As a new starting busnises inside my busnises which is labeling clothing for the small busnises, I am doing ok I think. Lots of people being laid off or getting pay cuts are deciding to go it alone and start there own busnises.

its going to be "hairy" for the next five years. so get used to it.

Lordstar · Post by **Lordstar** » Thu Oct 23, 2008 12:16 pm

But want i want to know is how many of these little threads about "the crunch" between now and the point when we all have money again

answers on a post card to the Lordstar!

sven666 · Post by **sven666** » Thu Oct 23, 2008 12:23 pm

Jockel wrote: you wanna sell some pcbs for good €s? xD

very much so, expect a big list'o'pcbs from me soon

I'm Alec · Post by **I'm Alec** » Thu Oct 23, 2008 6:14 pm

yeah the usd to jpy has been fucking with me. i was going to place an fjcom order when that rate pretty much changed overnight.

Daigohji · Post by **Daigohji** » Thu Oct 23, 2008 7:42 pm

Crap, I'd been getting used to $2 = £1. It's down to $1.60 now. This is going to start annoying me on R1 anime imports.

Lordstar · Post by **Lordstar** » Thu Oct 23, 2008 8:22 pm

Daigohji wrote:Crap, I'd been getting used to $2 = £1. It's down to $1.60 now. This is going to start annoying me on R1 anime imports.

lol tell me about it

the trick is to earn more money so you dont notice it and then when we get the power back its even cheaper for us.

win win!

Now if only i could find some more moneyz

hummmm

Ed Oscuro · Post by **Ed Oscuro** » Thu Oct 23, 2008 9:25 pm

Sorry Brits/Euro types, I'm loving it though.

Who said this crisis wasn't engineered at the start?

(yeah, yeah, I'm actually ashamed we aren't being good world citizens, but I'll try to make up for it by buying some stuff from you.)

Lordstar · Post by **Lordstar** » Thu Oct 23, 2008 9:36 pm

define good world citizens ?

trivial · Post by **trivial** » Thu Oct 23, 2008 9:47 pm

Yeah there's no room for atlas underneath the difficult world. Put it this way; capital can't do lasting good where it isn't, is the upshot. The heave-ho to doing good by doing well.

Ed Oscuro · Post by **Ed Oscuro** » Thu Oct 23, 2008 9:55 pm

Lordstar wrote:define good world citizens ?

not selling stuff that crashes your economies?

Although, it's a bit of a stretch to see how we could have caused, for instance, the recession in Iceland, nor do they blame us for it.

uh oh I tooked the bait! @_@

KindGrind · Post by **KindGrind** » Thu Oct 23, 2008 10:39 pm

Christ, Sven, the kronor is taking a serious beating, too!

Rather simple in our case why it's going down. Among other things, oil barrel is down, so are metals... Historically our dollar moves with the price of these things.

Ed Oscuro · Post by **Ed Oscuro** » Fri Oct 24, 2008 3:06 am

Famous economist J.K. Galbraith's grandson was on NPR tonight and said that he's actually more worried about Europe due to the regulatory system there resembling, his words, more the one in 1920s America.

I admit I'm not happy with how much money it's going to take to patch up our system, but I'm not afraid about it. Uncle Sam has lots of confidence throughout the world.

sven666 · Post by **sven666** » Fri Oct 24, 2008 1:58 pm

KindGrind wrote:Christ, Sven, the kronor is taking a serious beating, too!

no kidding, the kroner suffered its biggest fall in swedish history today.
down 9.5% yaaay

Lordstar · Post by **Lordstar** » Fri Oct 24, 2008 2:13 pm

what we need is a good war! some enemy we can all rally against and kick there ass. hummmm the N.Koreans are being pretty good right now, theres aliens on mars right?

Michaelm · Post by **Michaelm** » Fri Oct 24, 2008 4:54 pm

Just drop a bomb on The Hague please

Specineff · Post by **Specineff** » Fri Oct 24, 2008 6:36 pm

Lordstar wrote:what we need is a good war! some enemy we can all rally against and kick there ass. hummmm the N.Koreans are being pretty good right now, theres aliens on mars right?

Yup, nothing like a good old war to give a boost to the economy!

Oh, wait...

Ed Oscuro · Post by **Ed Oscuro** » Fri Oct 24, 2008 6:41 pm

Wait what? People who don't understand the economy always like to hold that one up as the only recourse.

I'm all for a war against the people who started this nonsense (although regulation and fines would be a much superior option).

shmups.system11.org

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