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Old 10-19-2007, 03:11 PM
Location: The world, where will fate take me this time?
3,162 posts, read 10,302,507 times
Reputation: 1423


The dollar slide should be something to be concerned about, it is falling against almost every currency, not just the usual ones like british pound, canadian loonie, Aussie dollar, etc, but also to the brazilian real and even the mexican peso which does 80% of it's trade with the United States, I honestly don't know what will happen if the dollar keeps sliding but i'm sure it won't be something good, although in the end maybe something good will come out of it, but it will be in the long/middle term.

answering your question as how does it affect me personally, I guess the effects are both good and bad, I import acoustic treatment kits and studio equipment from the United states to Mexico so a weaker dollar means that i can offer more competitive prices but as the Economy of Mexico is very interdependent with America's economy it's bad news too

Last edited by Travelling fella; 10-19-2007 at 03:20 PM..
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Old 10-20-2007, 02:08 PM
137 posts, read 762,748 times
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At the moment, personally....the weak dollar is killing me. I'd much prefer a stronger dollar. Living in the UK and getting paid in US dollar....need I say any more?

Just makes moving back to the States (10 months & counting) look all that more attractive!
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Old 10-21-2007, 09:30 PM
Location: Heartland Florida
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Reputation: 4895
A strong dollar would finally burst the real estate bubble.
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Old 10-22-2007, 11:49 PM
2,432 posts, read 6,007,754 times
Reputation: 1009
I prefer the stronger dollar. Too much of our country will get bought up if the dollar falls too far.

But our economy is getting weaker. First we lose jobs to foreign markets, then our trade imbalance increases and our national debt skyrockets, and now the dollar will get weaker.
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