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2007-11-08, 1:16 PM #1
Hooray for the dollar! The slide continues. http://ftalphaville.ft.com/blog/2007/11/07/8713/the-dollars-slide-13-down-and-falling-faster/ D:

It's so comforting to know that the US is off fixing the rest of the world now that we have everything under control here on the home front.
"Flowers and a landscape were the only attractions here. And so, as there was no good reason for coming, nobody came."
2007-11-08, 1:18 PM #2
Yeah, I got angry when I saw that earlier. Now I have to work longer for the same amount of money I had planned for when I go to Europeland :argh:
2007-11-08, 1:27 PM #3
It's getting ridiculous.
Frozen in the past by ICARUS
2007-11-08, 1:46 PM #4
It just makes me feel so good.
2007-11-08, 2:30 PM #5
Couldn't see that coming a mile away...
2007-11-08, 2:56 PM #6
*yawn*

QQ more
"it is time to get a credit card to complete my financial independance" — Tibby, Aug. 2009
2007-11-08, 3:05 PM #7
And the Canadian dollar goes higher!
...
(And thus possible annihilating our economy)
2007-11-08, 6:18 PM #8
Wow, so all this money I've made since being deployed is no longer worth as much as it was when I left the States.


That gives me a warm fuzzy feeling inside.
If my smoking bothers you, don't breathe.
2007-11-08, 6:38 PM #9
no, prices havent changed except for normal inflation. the only change is exchange rates
"it is time to get a credit card to complete my financial independance" — Tibby, Aug. 2009
2007-11-08, 6:40 PM #10
I don't understand economics.
2007-11-08, 7:10 PM #11
Originally posted by Vincent Valentine:
I don't understand economics.


Take a class.
2007-11-08, 7:39 PM #12
Originally posted by Freelancer:
no, prices havent changed except for normal inflation. the only change is exchange rates


We just haven't started seeing the effects of the falling dollar. As the dollar falls, imports become more expensive, and that will just trickle down to the consumer.
Marsz, marsz, Dąbrowski,
Z ziemi włoskiej do Polski,
Za twoim przewodem
Złączym się z narodem.
2007-11-08, 8:48 PM #13
Yea, but wouldn't costlier imports encourage domestic manufacturing thus ameliorating the problem somewhat?
"it is time to get a credit card to complete my financial independance" — Tibby, Aug. 2009
2007-11-08, 8:50 PM #14
[http://us.movies1.yimg.com/movies.yahoo.com/images/hv/photo/movie_pix/twentieth_century_fox/star_wars/anthony_daniels/epiv.jpg]

we're doomed.
2007-11-08, 8:54 PM #15
HOW ARE YOU POSTING THAT MAN

I thought you were in class
2007-11-08, 9:04 PM #16
Originally posted by 'Thrawn[numbarz:
;870360'][http://us.movies1.yimg.com/movies.yahoo.com/images/hv/photo/movie_pix/twentieth_century_fox/star_wars/anthony_daniels/epiv.jpg]

we're doomed.



[http://members.shaw.ca/david.p.z.888/star_wars/pics/darth_vader.jpg]


I find your lack of faith disturbing.
2007-11-08, 9:12 PM #17
Beat the picture?
[http://www.fukubonsai.com/images/Lava_4_exploding.jpg]
2007-11-08, 9:29 PM #18
[http://www.awitness.org/graphics/tsunami.jpg]?

What really beats lava but time to cool and flat ground?
Epstein didn't kill himself.
2007-11-08, 9:36 PM #19
Originally posted by Tiberium_Empire:
Beat the picture?
[http://www.fukubonsai.com/images/Lava_4_exploding.jpg]


Um, shouldn't that be lightning? All the lava did was make him awesome.
"it is time to get a credit card to complete my financial independance" — Tibby, Aug. 2009
2007-11-08, 11:50 PM #20
Originally posted by Freelancer:
Yea, but wouldn't costlier imports encourage domestic manufacturing thus ameliorating the problem somewhat?


Domestic manufacturing at a much higher cost. No matter how much technology and automation we have, we just can't match China, Taiwan, India etc. in manufacturing volume and cost/unit.
Marsz, marsz, Dąbrowski,
Z ziemi włoskiej do Polski,
Za twoim przewodem
Złączym się z narodem.
2007-11-09, 12:17 AM #21
Originally posted by Ric_Olie:
Domestic manufacturing at a much higher cost.


Well, no, you would manufacture it here only if it's economical. And that would happen as the dollar slides and imports become costlier.
"it is time to get a credit card to complete my financial independance" — Tibby, Aug. 2009
2007-11-09, 12:19 AM #22
2007-11-09, 1:58 AM #23
Originally posted by Freelancer:
Well, no, you would manufacture it here only if it's economical. And that would happen as the dollar slides and imports become costlier.


Yeah, it would be cheaper to manufacture domestically than import when the market reaches that point. However, that tipping point is at an expense much higher than what we currently expect from manufacturing costs. Plus, the United States doesn't have all the raw materials needed to ramp up domestic manufacturing to match that of China's current levels. Either way, prices everywhere are going to go up.
Marsz, marsz, Dąbrowski,
Z ziemi włoskiej do Polski,
Za twoim przewodem
Złączym się z narodem.
2007-11-09, 9:34 AM #24
Go Dollar Slide! Everything is getting cheaper for me to buy from the states. :P
nope.

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