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-   -   The US dollar continues to slide... (https://www.subsim.com/radioroom/showthread.php?t=132941)

DeepIron 03-12-08 10:52 PM

The US dollar continues to slide...
 
http://news.bbc.co.uk/2/hi/business/7292366.stm
Ouch!

Blacklight 03-12-08 10:54 PM

...and it's certainly not sliding into my wallet either. :nope:

SUBMAN1 03-12-08 11:48 PM

I guess European goods and workers just got a lot more expensive. There are some negatives to a weak dollar (like my gas is going to go up for one), but the positives outweigh all the negatives - hence why China keeps its currency artificially low - it makes it cheap to manufacture in China, even with the long shipping times. Our weak dollar will stop any jobs from leaving the US and it will make buying American all that much better and cheaper.

So I guess you can call this a catch 22 situation. If you live in America, I hope you like American products better than European ones. Not much else to say.

-S

TarJak 03-13-08 04:32 AM

I'm not complaining too much. It'll make my trip to Houston cheaper in October.:D

Kapitan_Phillips 03-13-08 04:38 AM

And my college term a bit less painful :lol:

Friedmann 03-13-08 06:10 AM

As I have a few US debts I am still paying off this is good news indeed.

bradclark1 03-13-08 09:02 AM

Supposed to visit family in the UK around September/October. It's not looking too good right now. I hope we don't have to cancel.

bradclark1 03-13-08 09:05 AM

Quote:

Originally Posted by Friedmann
As I have a few US debts I am still paying off this is good news indeed.

An Aussie in Norway that owes money in the US. You are international I'll say that for you.;)

SUBMAN1 03-13-08 09:39 AM

Quote:

Originally Posted by bradclark1
Quote:

Originally Posted by Friedmann
As I have a few US debts I am still paying off this is good news indeed.

An Aussie in Norway that owes money in the US. You are international I'll say that for you.;)

I second that! :D

Platapus 03-13-08 10:03 AM

Frau Platapus is visiting the family in Germany.

Higher prices
Lower dollar

She can't wait to get back thats fer sure.


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