The US dollar continues to slide...

DeepIron · 03-12-08, 10:52 PM

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.

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.

Kapitan_Phillips · 03-13-08, 04:38 AM

And my college term a bit less painful

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!

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.

03-12-08, 10:52 PM	#1
DeepIron Sea Lord Join Date: Aug 2007 Location: Too far from the Pacific right now... Posts: 1,634 Downloads: 0 Uploads: 0	The US dollar continues to slide... http://news.bbc.co.uk/2/hi/business/7292366.stm Ouch! __________________ RFB / RSRDC Beta Tester RFB / RSRDC Modding Forum: http://forum.kickinbak.com/index.php RFB Top Post link: http://www.subsim.com/radioroom/showthread.php?t=125529 RFB Loadout: RFB_V1.52_102408: RFB_V1.52_Patch_111608: RSRDC_RFBv15_V396

03-12-08, 10:54 PM	#2
Blacklight Ocean Warrior Join Date: Sep 2006 Location: Connecticut Posts: 2,507 Downloads: 145 Uploads: 0	...and it's certainly not sliding into my wallet either. __________________ Be my friend or be a mushroom cloud. "I am coming at you. You will explode in a couple of minutes !"

03-12-08, 11:48 PM	#3
SUBMAN1 Rear Admiral Join Date: Apr 2005 Posts: 11,866 Downloads: 0 Uploads: 0	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 __________________

03-13-08, 04:38 AM	#5
Kapitan_Phillips Silent Hunter Join Date: Jul 2005 Location: Swansea Posts: 3,903 Downloads: 204 Uploads: 0	And my college term a bit less painful __________________ Well, here's another nice mess you've gotten me into.

03-13-08, 09:02 AM	#7
bradclark1 Ocean Warrior Join Date: Feb 2003 Location: Connecticut, USA. Posts: 2,794 Downloads: 29 Uploads: 0	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. __________________

03-13-08, 04:32 AM	#4
TarJak Fleet Admiral Join Date: Jul 2006 Location: Sydney, Australia Posts: 17,052 Downloads: 150 Uploads: 8	I'm not complaining too much. It'll make my trip to Houston cheaper in October.

03-13-08, 06:10 AM	#6
Friedmann Bosun Join Date: Mar 2005 Location: Aussie in Oslo, Norway Posts: 65 Downloads: 4 Uploads: 0	As I have a few US debts I am still paying off this is good news indeed.

03-13-08, 10:03 AM	#10
Platapus Fleet Admiral Join Date: Oct 2006 Posts: 19,360 Downloads: 63 Uploads: 0	Frau Platapus is visiting the family in Germany. Higher prices Lower dollar She can't wait to get back thats fer sure. __________________ abusus non tollit usum - A right should NOT be withheld from people on the basis that some tend to abuse that right.