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Showing posts 1 - 16 of 16, (reverse)
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04/20/2011 12:02:51 PM · #1
I just renewed my DPC membership and it only cost me $23.81 Canadian... Haha! :-P
04/20/2011 12:17:03 PM · #2
LOL
04/20/2011 12:21:33 PM · #3
Lol nice. Sadly I'm heading to Canada tomorrow so now everything is going to cost even more! :)
04/20/2011 12:21:45 PM · #4
Originally posted by Strikeslip:

I just renewed my DPC membership and it only cost me $23.81 Canadian... Haha! :-P


Should have waited a bit longer. You might have had it for under 20 one of these days :)
04/20/2011 12:23:09 PM · #5
if you have euros do it for 17.48
04/20/2011 12:24:12 PM · #6
The way we keep printing out those free giveaway dollars you might have got it for $7.50 next week.
04/20/2011 12:38:02 PM · #7
It's funny how a ton of people in the United States aren't understanding that a spike in both the Commodities markets and the Metals Markets indicates a weakening dollar.

Of course American Corporations aren't helping: Starbucks recently knocked down the number of ounces in a pound of pre-packaged coffee and it still says 1 lb on the package (though the ounces below it show accurately). LOL. Not that most of us, me included, don't need to reduce our consumption. . .but lying about how much product you are selling to keep the masses calm does nothing but mask the real issues we are having from the general public.

The one benefit to a falling dollar is that it becomes slowly more expensive for US firms to oursource manufacturing/tech jobs to other countries as our currencies close the gap. . . Heck, if this gets bad enough we might actually get to export manufacturing again some day.
04/20/2011 01:34:43 PM · #8
Time for a trip south I do believe!
04/20/2011 02:12:04 PM · #9
Originally posted by mariuca:

if you have euros do it for 17.48


Not sure where the euro stands these days, but for the UK people here in pounds they are actually spending more than 25 us on it despite the numerical amount.
04/20/2011 02:13:41 PM · #10
Originally posted by RainMotorsports:


Not sure where the euro stands these days, but for the UK people here in pounds they are actually spending more than 25 us on it despite the numerical amount.


Uh? $25 is just over £15. and as Mariuca just said, $25 = 17.48 Euros.

Message edited by author 2011-04-20 14:15:24.
04/20/2011 02:46:47 PM · #11
Originally posted by crowis:

The one benefit to a falling dollar is that it becomes slowly more expensive for US firms to oursource manufacturing/tech jobs to other countries as our currencies close the gap. . . Heck, if this gets bad enough we might actually get to export manufacturing again some day.

If the poverty in the US matches the poverty of some Asian countries what happens to the American dream? There is a very fundamental change happening in the world economy and it appears to be permanent. Not a happy perspective for my own business as 90% of our students come from the US and the number of enrollments in our courses has dropped dramatically in the last 3 years. The exchange rate does not help our income either although it has reduced our travel expenses. Many of our US ex-students are unemployed or have been unemployed for extended periods of time. We are starting to get some students from India but they are still not paid enough to afford our training unless paid by the employer. I guess this will change in the next few years as a lot of US R&D is being shifted to India. So while overall Australia is doing very well with the Asia driven resources boom our own business relies on the US and I just cannot see at the moment how US will get out of this crisis. Anyway, these are just my pessimistic ramblings. It is 5am here and I cannot sleep.
04/20/2011 03:03:29 PM · #12
Originally posted by MargaretN:

Originally posted by crowis:

The one benefit to a falling dollar is that it becomes slowly more expensive for US firms to oursource manufacturing/tech jobs to other countries as our currencies close the gap. . . Heck, if this gets bad enough we might actually get to export manufacturing again some day.

If the poverty in the US matches the poverty of some Asian countries what happens to the American dream? There is a very fundamental change happening in the world economy and it appears to be permanent. Not a happy perspective for my own business as 90% of our students come from the US and the number of enrollments in our courses has dropped dramatically in the last 3 years. The exchange rate does not help our income either although it has reduced our travel expenses. Many of our US ex-students are unemployed or have been unemployed for extended periods of time. We are starting to get some students from India but they are still not paid enough to afford our training unless paid by the employer. I guess this will change in the next few years as a lot of US R&D is being shifted to India. So while overall Australia is doing very well with the Asia driven resources boom our own business relies on the US and I just cannot see at the moment how US will get out of this crisis. Anyway, these are just my pessimistic ramblings. It is 5am here and I cannot sleep.


I think I may not be the best person to encapsulate this but. . .

The American Dream lives on regardless of poverty. . .the US has been through some very trying economic times before, and always it has been one group of entrepreneurs, inventor/invention, or world event that has put us back on course. The American Dream is pillared by the idea of making the best of oneself even in difficult circumstances--to rise above--, and a difficult period always gives us the chance to dust off the past and move foward in a new direction. IMHO what the US has needed most now, for some time, is a trying period to allow us to move away from the computer boom economy of the late 80's and 90's and into a new economy both internally and externally. I am no economist or historian, but I think my country has always shined the most when put to the test.
04/20/2011 03:16:34 PM · #13
Originally posted by crowis:

Originally posted by MargaretN:

Originally posted by crowis:

The one benefit to a falling dollar is that it becomes slowly more expensive for US firms to oursource manufacturing/tech jobs to other countries as our currencies close the gap. . . Heck, if this gets bad enough we might actually get to export manufacturing again some day.

If the poverty in the US matches the poverty of some Asian countries what happens to the American dream? There is a very fundamental change happening in the world economy and it appears to be permanent. Not a happy perspective for my own business as 90% of our students come from the US and the number of enrollments in our courses has dropped dramatically in the last 3 years. The exchange rate does not help our income either although it has reduced our travel expenses. Many of our US ex-students are unemployed or have been unemployed for extended periods of time. We are starting to get some students from India but they are still not paid enough to afford our training unless paid by the employer. I guess this will change in the next few years as a lot of US R&D is being shifted to India. So while overall Australia is doing very well with the Asia driven resources boom our own business relies on the US and I just cannot see at the moment how US will get out of this crisis. Anyway, these are just my pessimistic ramblings. It is 5am here and I cannot sleep.


I think I may not be the best person to encapsulate this but. . .

The American Dream lives on regardless of poverty. . .the US has been through some very trying economic times before, and always it has been one group of entrepreneurs, inventor/invention, or world event that has put us back on course. The American Dream is pillared by the idea of making the best of oneself even in difficult circumstances--to rise above--, and a difficult period always gives us the chance to dust off the past and move foward in a new direction. IMHO what the US has needed most now, for some time, is a trying period to allow us to move away from the computer boom economy of the late 80's and 90's and into a new economy both internally and externally. I am no economist or historian, but I think my country has always shined the most when put to the test.

I hope you are right and it is not just the cultural legacy of the long gone boom years. I wonder where the recovery will come from as traditionally it was driven by consumption. So if Americans have no money to buy goods and services these industries and industries supporting them will collapse or move off-shore. This means even less jobs perpetuating the problem. Most of our recent US students come from pharmaceuticals industry but I am not sure if the aging population will be able to afford all these expensive treatments and medicines.
04/20/2011 03:17:00 PM · #14
Originally posted by salmiakki:

Originally posted by RainMotorsports:


Not sure where the euro stands these days, but for the UK people here in pounds they are actually spending more than 25 us on it despite the numerical amount.


Uh? $25 is just over £15. and as Mariuca just said, $25 = 17.48 Euros.


(Sticking to the UK argument) Their minimum wage is also numerically less than ours but they get paid more (Adult ages anyways). The USD to Sterling Pound has been pretty far off for over a decade. I think when I was in high school it was 1 USD : 1.5 Pounds.

Canada on the other hand in the last few years has gone the opposite direction, or rather our dollar has weakened since. While the UK buys equivalent goods for cheaper here for a very long time, canada only so much in recent years.

Message edited by author 2011-04-20 15:18:46.
04/20/2011 03:23:56 PM · #15
Originally posted by RainMotorsports:

Originally posted by salmiakki:

Originally posted by RainMotorsports:


Not sure where the euro stands these days, but for the UK people here in pounds they are actually spending more than 25 us on it despite the numerical amount.


Uh? $25 is just over £15. and as Mariuca just said, $25 = 17.48 Euros.


(Sticking to the UK argument) Their minimum wage is also numerically less than ours but they get paid more (Adult ages anyways). The USD to Sterling Pound has been pretty far off for over a decade. I think when I was in high school it was 1 USD : 1.5 Pounds.

Canada on the other hand in the last few years has gone the opposite direction, or rather our dollar has weakened since.


I really don't know where you are getting this from. I think you have it all round the wrong way. I am a Brit by the way, who lived in the US for 6 years from 2001 to 2007. When I moved to the US it was about $1.45 to the pound and has been somewhere between $1.6 and $1.3 to the £1 for the remainder of that 10 year period.
I think you are just doing your conversions the wrong way!

ETA. Actually, in 2007 it peaked at $2.00 to £1. That was at the time I was moving back to Europe.

Message edited by author 2011-04-20 15:27:08.
04/20/2011 03:25:22 PM · #16
Yeah that conversion was backwards as hell it was 1.5 USD to 1 Pound when i was in high school LMAO.
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