Your dollar at work

[Doc Holiday]

Now I'm no financial expert but to me this didn't look good for the US to me. I've been in Australia for a little over a week and in the time I've been here the USD vs. AUD has gone from .96 USD = 1 AUD to today where it's at 1.05 USD = 1 AUD that's a .09 swing and now .06 of that came from the announcement that the US was going to print $600b.

Now this would be good for me if I was heading back tomorrow but this can't be good for the US.

Also with that said everything over here costs a lot more like a Soda that might cost $1 in the US costs $2 in Australia.

[Chimera]

I lived in Germany for about six years - the dollar and euro were almost even when I got there. The dollar was worth as little as 65-70 euro cents a few times, but usually bounced back after a few weeks. I've seen AUD anywhere from about 65 cents to $1.10. I wouldn't be too worried about it yet. We still have a very resilient economy..... for now.

But that is a remarkable swing in just a week.

[Jangler]

Don't worry about it. We will be on a level playing field soon enough.

[Wither]

The dollar is interesting and people are too quick to shout "OMG ECONOMY IS DEAD" when it is "undervalued."

[Hawk]

at damn near par with the Canadian dollar for quite some time now...good for me, but in reality, it's bad for the Canadian economy

[charlotte49er]

Don't worry about it. We will be on a level playing field soon enough.

Yea, all the nations will be broke, except China! When that happens, they will just buy everything in site. They won't have to fire a single shot. China's economy just suppassed Japan's for #2! US is still #1, but for how much longer? GM sells more cars in China than they do in the US!

Forget about learning Spanish, we all better learn Madarin!

When I was in Japan in the mid-80's the US Dollar was worth 240 Yen. Now it's worth 81 Yen?

We better lean to love steamed rice and fish heads! If Washington isn't careful, the White stars & Blue background in our flag will be replaced with a Yellow Hammer and Sicle on a red field!

[Hawk]

it's already happening!

[Wither]

Yea, all the nations will be broke, except China! When that happens, they will just buy everything in site. They won't have to fire a single shot. China's economy just suppassed Japan's for #3! US is still #1, but for how much longer? GM sells more cars in China than they do in the US!

Forget about learning Spanish, we all better learn Madarin!

What currency are we buying their products with?

[Jangler]

Yes it is, in more ways that one.

http://www.carolinahuddle.com/forum/the-tinderbox/48896-so-while-you-were-paying-attention-to-the-election.html

[Jangler]

Yeah, watch the vid I posted in that ^^^ link.

What currency are we buying their products with?

[Wither]

Yeah, watch the vid I posted in that ^^^ link.

I'll consider it later. I prefer not to think of all that as it is depressing. I mean, I keep up with the headlines but I don't read into detail most of the time.

[Hawk]

hell...I know many many Canadians right now that are buying up shitloads of real estate in the US...dollar at par...prices are poo...it will be interesting to see what happens long term!

[Carolina Husker]

Yea, all the nations will be broke, except China! When that happens, they will just buy everything in site. They won't have to fire a single shot. China's economy just suppassed Japan's for #3! US is still #1, but for how much longer? GM sells more cars in China than they do in the US!

Forget about learning Spanish, we all better learn Madarin!

When I was in Japan in the mid-80's the US Dollar was worth 240 Yen. Now it's worth 81 Yen?

We better lean to love steamed rice and fish heads! If Washington isn't careful, the White stars & Blue background in our flag will be replaced with a Yellow Hammer and Sicle on a red field!

:willy_nilly:

[Darth Biscuit]

hell...I know many many Canadians right now that are buying up shitloads of real estate in the US...dollar at par...prices are poo...it will be interesting to see what happens long term!

Go away you stinky foreigners.