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Canadian Dollar reaches $1.10 USD

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Derovius Vaden	Posted - 2007.11.07 17:09:00 - [1] Looks like the American economy is going down in flames, seeing as our currency has jumped nearly 24 cents in the last 3 months with respect to it. Makes me wonder just how low the greenback can go before someone down there gets their act together. Some economists are saying as high as $1.20.
Derovius Vaden	Posted - 2007.11.07 17:09:00 - [2] Looks like the American economy is going down in flames, seeing as our currency has jumped nearly 24 cents in the last 3 months with respect to it. Makes me wonder just how low the greenback can go before someone down there gets their act together. Some economists are saying as high as $1.20.
Micheal Dietrich Cynical Cartel	Posted - 2007.11.07 17:12:00 - [3] You guys need it. All your crap costs more. Except drugs. Drugs costs way elss up there. ___________________________ Never Forget, Never Forgive
Micheal Dietrich Cynical Cartel	Posted - 2007.11.07 17:12:00 - [4] You guys need it. All your crap costs more. Except drugs. Drugs costs way elss up there. ___________________________ Never Forget, Never Forgive
An Anarchyyt Gallente Sublime.	Posted - 2007.11.07 17:52:00 - [5] Originally by: Micheal Dietrich You guys need it. All your crap costs more. Except drugs. Drugs costs way elss up there. It doesn't "cost more". It has to do with USD/CAN conversion, and what it was for a long long time. But yea, I was just up in Canada recently, and this sucks. Originally by: CCP Wrangler Second, a gentile is a non jewish person
Asestorian Domination.	Posted - 2007.11.07 17:53:00 - [6] Even worse, 1 British pound = 2.0837 U.S. dollars. I feel sorry for you Americans really, it's not good having your economy in such a state. That said, I do want to go to America to take advantage of how cheap everything is there compared to here now --- MOZO
Gordan Freeman Caldari V i r u s	Posted - 2007.11.07 17:58:00 - [7] I would bet that the U.S is going to put gigantic tarrifs(sp..) on goods bought overseas soon. Ron Paul For President
Johnathan Roark Caldari Quantum Industries Interstellar Alcohol Conglomerate	Posted - 2007.11.07 18:04:00 - [8] Only matters when traveling or importing. Trade within the states for items that are completely produced in the states would not effect prices. In some cases it actually helps our economy, such as cases where companies export goods, but don't import much. Traveling to fanfest hurt my pocket book, wish i converted my cash right when I decided I was going. Corporation Management Improvement
Aletheja The Cruciform The Church.	Posted - 2007.11.07 18:05:00 - [9] 1 Euro = 1.44800 U.S. dollars ... somehow you have to finance a multi billion dollar war =)
Dark Shikari Caldari Imperium Technologies Firmus Ixion	Posted - 2007.11.07 18:21:00 - [10] Edited by: Dark Shikari on 07/11/2007 18:21:46 I find it highly amusing how people can say anything good about how the current administration has handled the economy when the dollar has dropped in value so precipitously. I mean seriously, the value of everything in America has dropped by a total of trillions of euros/whatever currency you want to use. Yet many people still aren't complaining? 23 Member EVE Video makers: save bandwidth! Use the H.264 AutoEncoder! (updated)

Sqalevon Masuat'aa Matari	Posted - 2007.11.07 18:23:00 - [11] This does not look too good for the US, especially considering they have had a negative trade balance for a while, meaning they import more then they export, meaning they don't benefit from their weak dollar, and are actually suffering from it. I hope this won't disrupt the world's economy on the long term.
Tarminic Forsaken Resistance	Posted - 2007.11.07 19:15:00 - [12] Originally by: Asestorian Even worse, 1 British pound = 2.0837 U.S. dollars. I feel sorry for you Americans really, it's not good having your economy in such a state. That said, I do want to go to America to take advantage of how cheap everything is there compared to here now But we're winning the War on Terror at least! Right guys, hehe? Guys? ---------------- Tarminic - 29 Million SP in pink Forum Warfare
Micheal Dietrich Cynical Cartel	Posted - 2007.11.07 19:31:00 - [13] Originally by: Tarminic But we're winning the War on Terror at least! Right guys, hehe? Guys? A.K.A. T.W.A.T. Leave it to our president to think of that acronym. ___________________________ Never Forget, Never Forgive
Jenny Spitfire Caldari	Posted - 2007.11.07 20:02:00 - [14] What are you guys happy with that? If USD falls, everyone will fall. MNCs will cut off employees and everyone will have no job. US companies in Canada, Europe and worldwide would move away and would you still laugh at the issue? --------- Technica impendi Caldari generis. Pax Caldaria! Kali is for KArebearLIng. I 100% agree with Avon. Female EVE gamers? Mail Zajo or visit WGOE.Public in-game.
Ilvan	Posted - 2007.11.07 20:25:00 - [15] Originally by: Jenny Spitfire What are you guys happy with that? If USD falls, everyone will fall. MNCs will cut off employees and everyone will have no job. US companies in Canada, Europe and worldwide would move away and would you still laugh at the issue? You mean the corporations that exploit our resources while screaming bloody murder at the idea of paying a cent more in royalties? **** them. The sooner the multi/transnats get out of my country the better.
Sqalevon Masuat'aa Matari	Posted - 2007.11.07 20:29:00 - [16] Originally by: Jenny Spitfire What are you guys happy with that? If USD falls, everyone will fall. MNCs will cut off employees and everyone will have no job. US companies in Canada, Europe and worldwide would move away and would you still laugh at the issue? No one said they are happy with it. It will only benefit people that go on a holiday to the US or import stuff from the US. As far as I can tell, everyone here saw this comming and is convinced that US government has got their priorities wrong. I have no idea what will happen if the USD collapses, that's beyond anything I can comprehend ( I think ) but I'm sure I'll survive :)
Seroquel	Posted - 2007.11.07 20:48:00 - [17] who the **** cares (\_/) (O.o) (> <) This is Bunny. Copy Bunny into your signature to help him on his way to world domination.
Patch86 Di-Tron Heavy Industries Atlas Alliance	Posted - 2007.11.07 20:50:00 - [18] I'm passably, theoretically happy with it in a very round about way. The failing US economy is allegedly going to cause a dive in the housing market here in the UK, and that means houses will have a lower value. As a person currently busily saving for his first property, I welcome any crashes the housing market has to throw at me ------ Originally by: CCP Prism X There's no such thing as playing too much EvE! You all obviously need more accounts!
Keorythe Caldari Terra Rosa Militia Sev3rance	Posted - 2007.11.07 21:39:00 - [19] Edited by: Keorythe on 07/11/2007 21:44:46 The dollar goes up and down in value based on the interaction with the other countries. From economics 101 you can't base a nations economy on the exchange rate. The pound and the euro haven't changed that much at all. I guess that Canada's economy is so poor that if their exchange rate went up then it had nothing to do with Canada and everything to do with the US? Give yourselves a little credit will ya? Part of the exchange rate change is from a hiccup with the housing market scam. Instead of a slow burn that could have been fixed our national media needed a major negative story to scare up some ratings (Iraqi has been getting too quiet lately for them). So BOOM consumer confidence goes into panic mode and the market goes down hard. However, if you've been noticing it didn't crash and burn as bad as it could nor was it going to put the US in a recession. Its actually starting to rebound but that will take time as consumer confidence has to rebuild itself. Assuming that CNN doesn't start telling us that Mad Cow disease has revived and we should boycott food markets and canadian products. No this should not cause a housing market downfall in the UK. The housing market issue in the US was due to an absurdly low interest rate which caused many banks to think that they could afford to offer loans to people that really couldn't afford them. When the rate changed and banks slowly stopped offering these loans (the smarts ones anyway) it was all handled slowly and without much issue until the media became involved. So unless this happened in the UK I dont see how our housing market crash will cause you all one. Hate to break it to you guys but other than that one area the rest of the US economy is doing just fine...assuming we dont get anymore lead painted dolls
Ademaro Imre Caldari Eye of God	Posted - 2007.11.07 21:45:00 - [20] Originally by: Derovius Vaden Looks like the American economy is going down in flames, seeing as our currency has jumped nearly 24 cents in the last 3 months with respect to it. Makes me wonder just how low the greenback can go before someone down there gets their act together. Some economists are saying as high as $1.20. You need a new world view. Why don't you come to the US to see how bad the economy is? In fact, all the new things you will be importing will be a clue.

Micheal Dietrich Cynical Cartel	Posted - 2007.11.07 21:47:00 - [21] Mad Cow disease still has another year or so before it respawns in the news. It seems to crop up every 3-4 years. ___________________________ Never Forget, Never Forgive
Keorythe Caldari Terra Rosa Militia Sev3rance	Posted - 2007.11.07 21:48:00 - [22] Originally by: Patch86 I'm passably, theoretically happy with it in a very round about way. The failing US economy is allegedly going to cause a dive in the housing market here in the UK, and that means houses will have a lower value. As a person currently busily saving for his first property, I welcome any crashes the housing market has to throw at me While I addressed the housing market crash in the UK is the above post I just want to point out that this is exactly what alot of Americans are thinking right now. Its all about consumer confidence and right now in the US it is a great time to buy a house. Banks will be a little strict on the mortgage but thats it.
Mtthias Clemi Gallente Infinitus Odium The Church.	Posted - 2007.11.07 22:11:00 - [23] Didn't some high class supermodel demand to be paid in euros recently? -------------------------------------------- THE CAKE IS A LIE! THE CAKE IS A LIE! THE CAKE IS A LIE! THE CAKE IS A LIE! THE CAKE IS A LIE!
Van Hubern Gallente Inner Calm Order of Khaos	Posted - 2007.11.07 22:56:00 - [24] No worries. If our dollar weakens further, our Congress will hold an emergency session, and vote themselves another pay raise.
ReaperOfSly Gallente Lyrus Associates	Posted - 2007.11.07 23:26:00 - [25] YAY the economy is collapsing. Oil prices will sky rocket! Wall Street bankers will jump off tall buildings. Aeroplanes will drop out of the sky as they run out of fuel. The world will be plunged into a 1929-style depression. And I'll be able to afford a house! Oh wait, I won't have a job. Never mind. --------------------------------------------------------------------
Deschenus Maximus Amarr Digital Fury Corporation Digital Renegades	Posted - 2007.11.07 23:32:00 - [26] The rise of the loonie is not just tied to the weakness of the greenback though. There are other factors, not the least of which is the crazy cost of crude oil.
Deschenus Maximus Amarr Digital Fury Corporation Digital Renegades	Posted - 2007.11.07 23:33:00 - [27] Originally by: ReaperOfSly Oh wait, I won't have a job. Never mind. Join the army!
ReaperOfSly Gallente Lyrus Associates	Posted - 2007.11.07 23:36:00 - [28] Edited by: ReaperOfSly on 07/11/2007 23:36:24 Originally by: Deschenus Maximus Originally by: ReaperOfSly Oh wait, I won't have a job. Never mind. Join the army! See the world and blow it to smithereens! Edit: it just occured to me to wonder what a singular smithereen is. --------------------------------------------------------------------
pwnedgato Ore Mongers R0ADKILL	Posted - 2007.11.07 23:45:00 - [29] Originally by: Ilvan You mean the corporations that exploit our resources while screaming bloody murder at the idea of paying a cent more in royalties? **** them. The sooner the multi/transnats get out of my country the better. you sir fail at the economics of globalization. ----- signature
Patch86 Di-Tron Heavy Industries Atlas Alliance	Posted - 2007.11.07 23:48:00 - [30] Originally by: Keorythe No this should not cause a housing market downfall in the UK. The housing market issue in the US was due to an absurdly low interest rate which caused many banks to think that they could afford to offer loans to people that really couldn't afford them. When the rate changed and banks slowly stopped offering these loans (the smarts ones anyway) it was all handled slowly and without much issue until the media became involved. So unless this happened in the UK I dont see how our housing market crash will cause you all one. I know the Daily Mail is hardly a pillar of journalistic excellence, but seeing as I happened to have a copy at hand: Falling house prices "to hit half the country". ------ Originally by: CCP Prism X There's no such thing as playing too much EvE! You all obviously need more accounts!

Cipher7 VersaTech Interstellar Ltd. SMASH Alliance	Posted - 2007.11.07 23:54:00 - [31] It is in the best interests of Republi****s to have a bad economy and a crappy education system. Uneducated people = Republican voter base The Poor = US Army recruits
Ilvan	Posted - 2007.11.08 01:02:00 - [32] Originally by: pwnedgato Originally by: Ilvan You mean the corporations that exploit our resources while screaming bloody murder at the idea of paying a cent more in royalties? ** them. The sooner the multi/transnats get out of my country the better. you sir fail at the economics of globalization. ** globalization.
Dominicus Tempest Caldari Siorai Iontach Brotherhood of the Spider	Posted - 2007.11.08 01:44:00 - [33] This sucks for a good portion of the Canadian economy. We are a strong exporting country that has something like 70% of our exports going to the US. This dollar power we have over the US now will make the US importers want to import less from us - whether that means they import less in general or they find a cheaper country to import from. Since the US dollar weakening is the main reason for the Canadian dollar being stronger, it's hopeful that other countries will not be any more attractive to import from since their dollars should be also more expensive (assuming their economies are stable). I hope you guys down are able to recover well from this. For Canada it may be nice for traveling but not for our exporting industry.
Astorothe Amarr Aperture Science Industries	Posted - 2007.11.08 02:03:00 - [34] Aussie dollar now buys 94 US cents - highest all time record. Perth players join channel PerthChat \| Web design for Eve Corps
Akita T Caldari Navy Volunteer Task Force	Posted - 2007.11.08 02:10:00 - [35] EUR-USD GBP-USD CAD-USD Yup, USD is in a plunge right now... _ 1\|2\|3
Astorothe Amarr Aperture Science Industries	Posted - 2007.11.08 02:11:00 - [36] I think I might save up to buy Texas. Perth players join channel PerthChat \| Web design for Eve Corps
Ademaro Imre Caldari Eye of God	Posted - 2007.11.08 03:13:00 - [37] Originally by: Cipher7 The Poor = US Army recruits Stop drinking liberal coolaid.
Wendat Huron Stellar Solutions	Posted - 2007.11.08 04:17:00 - [38] Originally by: Ademaro Imre Edited by: Ademaro Imre on 08/11/2007 03:23:48 Originally by: Cipher7 The Poor = US Army recruits Stop drinking liberal Koolaid. Even during this war, there is a lower ratio of recruits that are poor. The median household income of recruits were 35-40K over the last three years. Of household incomes of 18-24 year old recruits, less than 14% of the recruits are in the lowest 20% income. 23% of recruit come from the highest 20% household incomes. That just means most are ****poor in the US, 40k income per household, jebus wept! These forums are FUBAR, upgrade this decade!
Edsel Dominus Nihil Development	Posted - 2007.11.08 04:59:00 - [39] If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up.
Ademaro Imre Caldari Eye of God	Posted - 2007.11.08 05:04:00 - [40] Originally by: Wendat Huron Originally by: Ademaro Imre Edited by: Ademaro Imre on 08/11/2007 03:23:48 Originally by: Cipher7 The Poor = US Army recruits Stop drinking liberal Koolaid. Even during this war, there is a lower ratio of recruits that are poor. The median household income of recruits were 35-40K over the last three years. Of household incomes of 18-24 year old recruits, less than 14% of the recruits are in the lowest 20% income. 23% of recruit come from the highest 20% household incomes. That just means most are ****poor in the US, 40k income per household, jebus wept! No, its the recruitment bracket. The second highest recruitment bracket is 40-45K. And that is abotu the world average household income of industrialized nations.

Daedalus DuGalle Gallente University of Caille	Posted - 2007.11.08 05:33:00 - [41] Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up. I remember the good times when we could borrow large amounts on Yen, stick it into bonds in US or Europe or wherever, wait for maturity, pay it back to Japanese banks and still make a profit. Good times.
Cipher7 VersaTech Interstellar Ltd. SMASH Alliance	Posted - 2007.11.08 05:58:00 - [42] Originally by: Ademaro Imre Stop drinking liberal Koolaid. Even during this war, there is a lower ratio of recruits that are poor. The median household income of recruits were 35-40K over the last three years. Of household incomes of 18-24 year old recruits, less than 14% of the recruits are in the lowest 20% income. 23% of recruit come from the highest 20% household incomes. Its mostly kids from rural states with no future except a life of Truck Driving. No I guess 35-40k isn't quite "poverty", but I think most people would consider a 40k household to be "the working poor."
Bellac	Posted - 2007.11.08 08:17:00 - [43] At $2.10 to ú1 its worth going to newyork for the chrisatmas shopping so its not all bad news for the us economy. Also I am no economist admitidly - but whats with the whole "my money is bigger than yours " thing. If you have a strong currency like the pound - nobody from another country want to buy anything from you and thats bad - surely
MrTriggerHappy Caldari Interstellar eXodus R0ADKILL	Posted - 2007.11.08 09:42:00 - [44] Time to start importing goods me thinks.. that new zune comes out soon... maybe.. -------------------------------- My Comments in no way reflect my corp or alliance
NightHaunter Caldari	Posted - 2007.11.08 11:49:00 - [45] Originally by: Micheal Dietrich Originally by: Tarminic But we're winning the War on Terror at least! Right guys, hehe? Guys? A.K.A. T.W.A.T. Leave it to our president to think of that acronym. Wait, The War At Terror?
ReaperOfSly Gallente Lyrus Associates	Posted - 2007.11.08 11:56:00 - [46] Originally by: NightHaunter Originally by: Micheal Dietrich Originally by: Tarminic But we're winning the War on Terror at least! Right guys, hehe? Guys? A.K.A. T.W.A.T. Leave it to our president to think of that acronym. Wait, The War At Terror? The War Against Terror. He actually failed his joke because he wrote "the war ON terror" which is T.W.O.T. --------------------------------------------------------------------
DarkMatter Sintered Sanity	Posted - 2007.11.08 13:17:00 - [47] Edited by: DarkMatter on 08/11/2007 13:23:51 Sucks for CAN businesses/shops near the border. We have so many CAN shoppers here it's insane. Huge boost to our local economy... Quote: Makes me wonder just how low the greenback can go before someone down there gets their act together. Some economists are saying as high as $1.20. And? So what if it does? How long was your dollar at that exchange rate to ours? Decades? It will go to $1.50 before we see it go back the other way, IF it ever does... Globalization is here! My Current Project
Kirjava Lothian Quay Industries Zzz	Posted - 2007.11.08 13:27:00 - [48] You know its insane when it is cheaper to export materials to China for assembly to be shipped back to Europe Ahwell, we are making huge proffits out of the US econemy atm, I halved my Eve subscription by buying a GTC with Dollars, I buy books off US websites when I know the editions are the same, import them and still make a proffit. George Bush 4tw if he can keep this up Originally by: CCP Morpheus Post with your alt.
Aletheja The Cruciform The Church.	Posted - 2007.11.08 16:19:00 - [49] Edited by: Aletheja on 08/11/2007 16:20:20 Tbh thats a disaster for export nations like Germany ... we are worlds #1 in exporting -> a high euro / weak dollar means less export to the US f.e. because a BMW or AUDI suddenly costs 60k and not 40k dollars. Means the economy growth will go slightly go down next year =/
Micheal Dietrich Cynical Cartel	Posted - 2007.11.08 16:28:00 - [50] Originally by: Cipher7 Originally by: Ademaro Imre Stop drinking liberal Koolaid. Even during this war, there is a lower ratio of recruits that are poor. The median household income of recruits were 35-40K over the last three years. Of household incomes of 18-24 year old recruits, less than 14% of the recruits are in the lowest 20% income. 23% of recruit come from the highest 20% household incomes. Its mostly kids from rural states with no future except a life of Truck Driving. No I guess 35-40k isn't quite "poverty", but I think most people would consider a 40k household to be "the working poor." The working poor is at $20,000 a year. People like Wal-mart employees, Illegals working crops, maintanance, laundry workers, thise sort of spots. I make just over 40 a year and you don't see me looking poor. I own a 2000 sqft house with a 4 car garage on 10 acres. I own 7 horses and can feed them all year long with no crimp in my budget. I own a 94 nissan pickup and a 2000 Jeep Sahara. How many poor people do you see running around with that. ___________________________ Never Forget, Never Forgive

Pwn4ge P4nts Caldari Provisions	Posted - 2007.11.08 16:48:00 - [51] Originally by: Micheal Dietrich Originally by: Cipher7 Originally by: Ademaro Imre Stop drinking liberal Koolaid. Even during this war, there is a lower ratio of recruits that are poor. The median household income of recruits were 35-40K over the last three years. Of household incomes of 18-24 year old recruits, less than 14% of the recruits are in the lowest 20% income. 23% of recruit come from the highest 20% household incomes. Its mostly kids from rural states with no future except a life of Truck Driving. No I guess 35-40k isn't quite "poverty", but I think most people would consider a 40k household to be "the working poor." The working poor is at $20,000 a year. People like Wal-mart employees, Illegals working crops, maintanance, laundry workers, thise sort of spots. I make just over 40 a year and you don't see me looking poor. I own a 2000 sqft house with a 4 car garage on 10 acres. I own 7 horses and can feed them all year long with no crimp in my budget. I own a 94 nissan pickup and a 2000 Jeep Sahara. How many poor people do you see running around with that. Considering that the price of food, cars, gas and consumer products in the US are usually a good deal lower than in most european countries, then 40K isn't bad. But take that 40K and move to say, Norway, and you would find yourself seriously struggling to maintain the same quality of living.Infact it would be impossible. This is purely academical, of course, since wages in Norway are higher.
Tortun Nahme Minmatar Heimatar Services Conglomerate	Posted - 2007.11.08 16:57:00 - [52] considering the drop we have had in exports to the US lately, and the fact the strong dollar has allowed ALOT of smaller Canadian oil companies to buy out and drive away alot of the US oil companies here in alberta, I'm certainly not crying not to mention we make a hella bigger profit from imports now to be fair the canadian economy has been growing in strength since the mad cow scare (frankly the US **ing us off by cutting off imports on beef, and the softwood lumber *ing gave us a chance to look for better partners) Originally by:** Surfin's PlunderBunny Edited by: Surfin''s PlunderBunny on 04/11/2007 21:34:44 EDIT You know what, Tortun has this one under control...* *Basks in the chaos of this thread
Micheal Dietrich Cynical Cartel	Posted - 2007.11.08 16:59:00 - [53] Originally by: Pwn4ge P4nts Originally by: Micheal Dietrich Originally by: Cipher7 Originally by: Ademaro Imre Stop drinking liberal Koolaid. Even during this war, there is a lower ratio of recruits that are poor. The median household income of recruits were 35-40K over the last three years. Of household incomes of 18-24 year old recruits, less than 14% of the recruits are in the lowest 20% income. 23% of recruit come from the highest 20% household incomes. Its mostly kids from rural states with no future except a life of Truck Driving. No I guess 35-40k isn't quite "poverty", but I think most people would consider a 40k household to be "the working poor." The working poor is at $20,000 a year. People like Wal-mart employees, Illegals working crops, maintanance, laundry workers, thise sort of spots. I make just over 40 a year and you don't see me looking poor. I own a 2000 sqft house with a 4 car garage on 10 acres. I own 7 horses and can feed them all year long with no crimp in my budget. I own a 94 nissan pickup and a 2000 Jeep Sahara. How many poor people do you see running around with that. Considering that the price of food, cars, gas and consumer products in the US are usually a good deal lower than in most european countries, then 40K isn't bad. But take that 40K and move to say, Norway, and you would find yourself seriously struggling to maintain the same quality of living.Infact it would be impossible. This is purely academical, of course, since wages in Norway are higher. Exactly. I'm in the ok zone where I live currently. Say I wanted to move to Burley (smaller rural area) with what I make. I would be living like a king there since the cost of living is way lower in that area. If I move to Cali, I would be lucky to have a 1 bedroom apartment. ___________________________ Never Forget, Never Forgive
Verone	Posted - 2007.11.08 17:16:00 - [54] Originally by: Asestorian Even worse, 1 British pound = 2.0837 U.S. dollars. I feel sorry for you Americans really, it's not good having your economy in such a state. That said, I do want to go to America to take advantage of how cheap everything is there compared to here now lol, you got no idea how much new pc harware i've bought from the states off ebay in the last month >>> TRIBUTE TO A FALLEN WINGMAN <<<
DarkMatter Sintered Sanity	Posted - 2007.11.08 17:46:00 - [55] Quote: I feel sorry for you Americans really, it's not good having your economy in such a state Why? It should not be in the best interest of a country to have their currency 2x, 3x, 10x the value of the rest of the world(s)... It will only bite you in the ass in times to come... Some of the EU countries will be hit very hard when globalization is the norm in a few decades... It's just the beginning... My Current Project
Derovius Vaden	Posted - 2007.11.08 19:40:00 - [56] Originally by: DarkMatter Quote: I feel sorry for you Americans really, it's not good having your economy in such a state Why? It should not be in the best interest of a country to have their currency 2x, 3x, 10x the value of the rest of the world(s)... It will only bite you in the ass in times to come... Some of the EU countries will be hit very hard when globalization is the norm in a few decades... It's just the beginning... Blind patriotic ferver and tin foiling make me lol. "You no dis ma country, ya hear!"
Battleclash	Posted - 2007.11.08 19:52:00 - [57] I swear to God that canooks are worse than Okies and Okies are bad enough to be around. Originally by: Vladimir Ilych Stupidity is universal.
Splagada Minmatar Tides of Silence Hydra Alliance	Posted - 2007.11.08 20:33:00 - [58] Edited by: Splagada on 08/11/2007 20:33:59 i dont see the link beween the price of a currency and the state of the economy... you heard that importing goods was also good for a country, right? :p all that stuff is arranged so many levels above our heads its not even funny ------ Proud Janitor of Tides of Silence
Ademaro Imre Caldari Eye of God	Posted - 2007.11.08 21:47:00 - [59] Originally by: Cipher7 Originally by: Ademaro Imre Stop drinking liberal Koolaid. Even during this war, there is a lower ratio of recruits that are poor. The median household income of recruits were 35-40K over the last three years. Of household incomes of 18-24 year old recruits, less than 14% of the recruits are in the lowest 20% income. 23% of recruit come from the highest 20% household incomes. Its mostly kids from rural states with no future except a life of Truck Driving. No I guess 35-40k isn't quite "poverty", but I think most people would consider a 40k household to be "the working poor." Are you trying to make yourself look stupid, or is it a natural ability? You do not know a damn thing about the US military. California: 11% Florida 6% New York: 5% Pennsylvania 4% Michigan 3% Illinois 4% Ohio 4% Maryland 2% Rural enough? HS graduation rate is 97%, general population is 80% When you stop drinking liberal Koolaid then you might know something about the US soldier. But as it stands, you know nothing.
Ademaro Imre Caldari Eye of God	Posted - 2007.11.08 22:03:00 - [60] Originally by: Bellac At $2.10 to ú1 its worth going to newyork for the chrisatmas shopping so its not all bad news for the us economy. Also I am no economist admitidly - but whats with the whole "my money is bigger than yours " thing. If you have a strong currency like the pound - nobody from another country want to buy anything from you and thats bad - surely This thread is so funny about that. In the States, its a non-issue. There is no inflation except in some energy prices. No one really cares. Many people think its great, and it is FANTASTIC! Many companies that might have closed up shop and moved overseas have been bought by foreign companies and - they are staying here now. In fact, some of those companies that were bought as a result of the dollar drop - are now expanding as a result of the new owners using their now more valuable money. There are even some idiots that think this will somehow impact US military recruiting - that is how low the stupidity gets. Meanwhile, NO inflation. Everyone thinks the US economy is somehow suffering and that their economies are somehow shielded, and their usual anti-Americanism comes out so much they need to post about it. And business owners like me, are laughing our asses off looking forward to all the different places other Americans will be sending their money to instead of imports. There is a real reason why China purposefully devaluates their currency, because they do not want to happen, what will be soon happening to other currencies and having their exports to the US vastly diminished.

Sheepactivator	Posted - 2007.11.08 23:11:00 - [61] Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up. If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar. Only asset one can trust right now is Gold.
Derovius Vaden	Posted - 2007.11.08 23:13:00 - [62] Originally by: Sheepactivator Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up. If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar. Only asset one can trust right now is Gold. Silver is more stable than gold, you just need to buy more of it for a similar value.
Last Wolf Templars of Space	Posted - 2007.11.08 23:16:00 - [63] Originally by: Sqalevon This does not look too good for the US, especially considering they have had a negative trade balance for a while, meaning they import more then they export, meaning they don't benefit from their weak dollar, and are actually suffering from it. I hope this won't disrupt the world's economy on the long term. Anyone else notice how it started decreasing drastically during clintion's second term? It actually went up (Well, less negitive) during Bush's first year. Then again I blame the Oil companies waaaaayyy more than I blame either president.
Sheepactivator	Posted - 2007.11.08 23:17:00 - [64] Originally by: Derovius Vaden Originally by: Sheepactivator Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up. If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar. Only asset one can trust right now is Gold. Silver is more stable than gold, you just need to buy more of it for a similar value. Silver is not bad either. neither is platinum or uranium
Derovius Vaden	Posted - 2007.11.08 23:28:00 - [65] Originally by: Sheepactivator Originally by: Derovius Vaden Originally by: Sheepactivator Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up. If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar. Only asset one can trust right now is Gold. Silver is more stable than gold, you just need to buy more of it for a similar value. Silver is not bad either. neither is platinum or uranium I'd agree up to the Uranium; I'd never buy a metal that may end up being a lump of lead in a few years when I decide to resell.
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.08 23:32:00 - [66] Originally by: Derovius Vaden Originally by: Sheepactivator Originally by: Derovius Vaden Originally by: Sheepactivator Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up. If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar. Only asset one can trust right now is Gold. Silver is more stable than gold, you just need to buy more of it for a similar value. Silver is not bad either. neither is platinum or uranium I'd agree up to the Uranium; I'd never buy a metal that may end up being a lump of lead in a few years when I decide to resell. Aww, that's cute, you think a metal standard is worth something. Also I wonder what the odds that a currency that spent the better part of a century being significantly stronger than the rest of the world devalues as world trade adjusts.
Last Wolf Templars of Space	Posted - 2007.11.08 23:35:00 - [67] Or you could stockpile Houses/property. Might not be the most conventonal method but there are very few places (at least in the US) where a house/property loses value. (then again, I guess if the money you use to buy/sell the house with goes down in value. Even if you sell it for more you might only break even or even lose money)
Keorythe Caldari Terra Rosa Militia Sev3rance	Posted - 2007.11.08 23:36:00 - [68] Originally by: Cipher7 Its mostly kids from rural states with no future except a life of Truck Driving. No I guess 35-40k isn't quite "poverty", but I think most people would consider a 40k household to be "the working poor." Living expenses vary from state to state. In some places cost of living is so low that 40k is a great income. In others like California or in D.C. 40k is poverty. Becoming a soldier during a war is never about money and I think any soldier whether American, German, or Australian will agree. Peacetime you get plenty who want to get the free college and bonuses. We call them reservists. Quote: Anyone else notice how it started decreasing drastically during clintion's second term? It actually went up (Well, less negitive) during Bush's first year. Then again I blame the Oil companies waaaaayyy more than I blame either president. Trade issues have sooo little to do with lawmakers or oil companies for that matter. Trade is based on consumer needs and wants. That little supply and demand thingie they kinda taught you in grade school? Negative trade means that we are importing more. This has more to do with oursourcing jobs or supply from other nations. That little globalization thingie they taught you in high school? We get to buy more from cheap nations like Mexico or China (check the back of your apple computer) than we build ourselves. Blame Steve Jobs not Congress.
Patch86 Di-Tron Heavy Industries Atlas Alliance	Posted - 2007.11.08 23:40:00 - [69] Originally by: Sheepactivator Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up. If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar. Only asset one can trust right now is Gold. Amero won't happen for the forseeable future, I don't think. A monetary union where 1 member is many times more influential than the others combined is never going to be an attractive prospect. ------ Originally by: CCP Prism X There's no such thing as playing too much EvE! You all obviously need more accounts!
Sheepactivator	Posted - 2007.11.08 23:42:00 - [70] Originally by: Derovius Vaden Originally by: Sheepactivator Originally by: Derovius Vaden Originally by: Sheepactivator Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up. If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar. Only asset one can trust right now is Gold. Silver is more stable than gold, you just need to buy more of it for a similar value. Silver is not bad either. neither is platinum or uranium I'd agree up to the Uranium; I'd never buy a metal that may end up being a lump of lead in a few years when I decide to resell. what do you mean by that ?

Derovius Vaden	Posted - 2007.11.08 23:45:00 - [71] Originally by: Alias11 Originally by: Derovius Vaden Originally by: Sheepactivator Originally by: Derovius Vaden Originally by: Sheepactivator Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up. If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar. Only asset one can trust right now is Gold. Silver is more stable than gold, you just need to buy more of it for a similar value. Silver is not bad either. neither is platinum or uranium I'd agree up to the Uranium; I'd never buy a metal that may end up being a lump of lead in a few years when I decide to resell. Aww, that's cute, you think a metal standard is worth something. Also I wonder what the odds that a currency that spent the better part of a century being significantly stronger than the rest of the world devalues as world trade adjusts. There is only a finite amount of rare metals on Earth, thus, having a significant percentage of them is a truer measure of wealth than a number in a computer or a piece of linen with a number drawn on it. And your economy is suffering because you're currently embroiled in a stagnant war, pumping billions of dollars into it to keep it from flatlining outright, and your governing body refuses to adjust its priorities to put its citizenry first above its need to flex its empirial muscle.
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.09 00:00:00 - [72] Originally by: Derovius Vaden There is only a finite amount of rare metals on Earth, thus, having a significant percentage of them is a truer measure of wealth than a number in a computer or a piece of linen with a number drawn on it. Good God. You can't actually believe this? I mean, coal or oil or something as a standard kind of makes sense, but there's no intrinsic value in so-called "precious" metals other than they tend to be shiny. Quote: And your economy is suffering because you're currently embroiled in a stagnant war, pumping billions of dollars into it to keep it from flatlining outright, and your governing body refuses to adjust its priorities to put its citizenry first above its need to flex its empirial muscle. Jesus, look at you. Did America, as an entity, kill your mom or something? I mean, you could at least use the mostly-informed opinion of the refusal to cut back on NSC-68 following the decline of the soviets in the 80's as the cause but the current war?
Keorythe Caldari Terra Rosa Militia Sev3rance	Posted - 2007.11.09 00:01:00 - [73] Originally by: Derovius Vaden And your economy is suffering because you're currently embroiled in a stagnant war, pumping billions of dollars into it to keep it from flatlining outright, and your governing body refuses to adjust its priorities to put its citizenry first above its need to flex its empirial muscle. Economics= you fail Propoganda= you roxxorz!
Derovius Vaden	Posted - 2007.11.09 00:08:00 - [74] Originally by: Alias11 Originally by: Derovius Vaden There is only a finite amount of rare metals on Earth, thus, having a significant percentage of them is a truer measure of wealth than a number in a computer or a piece of linen with a number drawn on it. Good God. You can't actually believe this? I mean, coal or oil or something as a standard kind of makes sense, but there's no intrinsic value in so-called "precious" metals other than they tend to be shiny. You put value in that which is consumed? Maybe we should all start trading in gallons of gasoline like the Road Warrior. Rare metals have always been used for currency for the same reason, time in memorium. There is only a finite amount for the population, and thus, can be controlled far easier than other methods. The fact that these rare metals are shiny (atleast some of them, platinum always looked rather dull to me.) is inconsequential.). Whenever a nations economy becomes unstable, and the value of its currency cannot be guaranteed, trade reverts back down to gold or other precious metals. End of discussion really, seeing as History > you in terms of what is a true measure of wealth. coal, ah you children make me smile. Quote: Quote: And your economy is suffering because you're currently embroiled in a stagnant war, pumping billions of dollars into it to keep it from flatlining outright, and your governing body refuses to adjust its priorities to put its citizenry first above its need to flex its empirial muscle. Jesus, look at you. Did America, as an entity, kill your mom or something? I mean, you could at least use the mostly-informed opinion of the refusal to cut back on NSC-68 following the decline of the soviets in the 80's as the cause but the current war? Typical "OMG, no he din't!" response; How dare I talk down on your all-mighty infallible nation. How dare I infer that the self proclaimed wealthiest nation on Earth has the most pitiful social system for its people. Makes me wish the Americans would just wall up their internet like the Chinese and kept their propaganda pepped children away from the rest of us.
Sheepactivator	Posted - 2007.11.09 00:11:00 - [75] What has real usage value holds its value. Such thing for instance is OIL. This has nothing to do wheter using it is bad or not. Gold for instance is used alot in all sorts of things as is silver as is oil, etc.etc most ppl know only gold .. and that is why gold holds so high status.
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.09 00:12:00 - [76] Originally by: Derovius Vaden Originally by: Alias11 Originally by: Derovius Vaden There is only a finite amount of rare metals on Earth, thus, having a significant percentage of them is a truer measure of wealth than a number in a computer or a piece of linen with a number drawn on it. Good God. You can't actually believe this? I mean, coal or oil or something as a standard kind of makes sense, but there's no intrinsic value in so-called "precious" metals other than they tend to be shiny. You put value in that which is consumed? Maybe we should all start trading in gallons of gasoline like the Road Warrior. Rare metals have always been used for currency for the same reason, time in memorium. There is only a finite amount for the population, and thus, can be controlled far easier than other methods. The fact that these rare metals are shiny (atleast some of them, platinum always looked rather dull to me.) is inconsequential.). Whenever a nations economy becomes unstable, and the value of its currency cannot be guaranteed, trade reverts back down to gold or other precious metals. End of discussion really, seeing as History > you in terms of what is a true measure of wealth. coal, ah you children make me smile. I never said it was worth anything, I said that because it had intrinsic value, it made more sense as a currency than a bauble that doesn't do jack crap. Quote: Quote: Quote: And your economy is suffering because you're currently embroiled in a stagnant war, pumping billions of dollars into it to keep it from flatlining outright, and your governing body refuses to adjust its priorities to put its citizenry first above its need to flex its empirial muscle. Jesus, look at you. Did America, as an entity, kill your mom or something? I mean, you could at least use the mostly-informed opinion of the refusal to cut back on NSC-68 following the decline of the soviets in the 80's as the cause but the current war? Typical "OMG, no he din't!" response; How dare I talk down on your all-mighty infallible nation. How dare I infer that the self proclaimed wealthiest nation on Earth has the most pitiful social system for its people. Makes me wish the Americans would just wall up their internet like the Chinese and kept their propaganda pepped children away from the rest of us. You have absolutely no idea what I said, do you?
Battleclash	Posted - 2007.11.09 00:21:00 - [77] Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way. It's just his repressed feelings of outrage that cause him to sc***the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'. He does this about every 2 weeks or so. Originally by:** Vladimir Ilych Stupidity is universal.
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.09 00:25:00 - [78] Edited by: Alias11 on 09/11/2007 00:25:17 Originally by: Battleclash Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way. It's just his repressed feelings of outrage that cause him to sc***the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'. He does this about every 2 weeks or so. I know, every time I catch it I try to get him to reveal how clueless he is on, well, everything. Like So, Quote: Quote: Quote:** And your economy is suffering because you're currently embroiled in a stagnant war, pumping billions of dollars into it to keep it from flatlining outright, and your governing body refuses to adjust its priorities to put its citizenry first above its need to flex its empirial muscle. Jesus, look at you. Did America, as an entity, kill your mom or something? I mean, you could at least use the mostly-informed opinion of the refusal to cut back on NSC-68 following the decline of the soviets in the 80's as the cause but the current war? Typical "OMG, no he din't!" response; How dare I talk down on your all-mighty infallible nation. How dare I infer that the self proclaimed wealthiest nation on Earth has the most pitiful social system for its people. Makes me wish the Americans would just wall up their internet like the Chinese and kept their propaganda pepped children away from the rest of us.
Derovius Vaden	Posted - 2007.11.09 00:32:00 - [79] Originally by: Battleclash Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way. It's just his repressed feelings of outrage that cause him to sc*****the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'. He does this about every 2 weeks or so. I stopped reading you last post when you got to Okies. Wtf is an Okie? And we're not at the bottom, the typical american saying is that we're your hat, or some such thing. I suppose a mature audience during the US's peak at home hours is asking too much.
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.09 00:40:00 - [80] Originally by: Derovius Vaden Originally by: Battleclash Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way. It's just his repressed feelings of outrage that cause him to sc***the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'. He does this about every 2 weeks or so. I stopped reading you last post when you got to Okies. Wtf is an Okie? And we're not at the bottom, the typical american saying is that we're your hat, or some such thing. I suppose a mature audience during the US's peak at home hours is asking too much. I'm just going to quote this and let it speak for itself Quote: Quote: Quote:** And your economy is suffering because you're currently embroiled in a stagnant war, pumping billions of dollars into it to keep it from flatlining outright, and your governing body refuses to adjust its priorities to put its citizenry first above its need to flex its empirial muscle. Jesus, look at you. Did America, as an entity, kill your mom or something? I mean, you could at least use the mostly-informed opinion of the refusal to cut back on NSC-68 following the decline of the soviets in the 80's as the cause but the current war? Typical "OMG, no he din't!" response; How dare I talk down on your all-mighty infallible nation. How dare I infer that the self proclaimed wealthiest nation on Earth has the most pitiful social system for its people. Makes me wish the Americans would just wall up their internet like the Chinese and kept their propaganda pepped children away from the rest of us.

Battleclash	Posted - 2007.11.09 00:44:00 - [81] Originally by: Derovius Vaden Originally by: Battleclash Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way. It's just his repressed feelings of outrage that cause him to sc***the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'. He does this about every 2 weeks or so. I stopped reading you last post when you got to Okies. Wtf is an Okie? And we're not at the bottom, the typical american saying is that we're your hat, or some such thing. I suppose a mature audience during the US's peak at home hours is asking too much. Okies are people from Oklahoma. You'll know one when they open their mouth. They boast that they have the best cooking, the best state, the best girls, the best stories, the best....well you get the idea. After 10 minutes you just wanna *slap them. And alot of Canadians share the same quality. Your one of the bigger ego's of the lot. In fact of all the canooks that I've met, I've only met 2 who were actually really cool. People in the UK even have a better outlook at life and a more open mind. I mean just look at your post. You immediatly went on the defensive and put words in my post thinking that I thought that you guys are the bottom of the food chain but I can think of much worse places to be (or not to be). It's not the country that's bad, Canada's a beautiful place to visit. It's the people it harbors. Originally by:** Vladimir Ilych Stupidity is universal.
Derovius Vaden	Posted - 2007.11.09 00:55:00 - [82] Originally by: Battleclash Originally by: Derovius Vaden Originally by: Battleclash Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way. It's just his repressed feelings of outrage that cause him to sc***the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'. He does this about every 2 weeks or so. I stopped reading you last post when you got to Okies. Wtf is an Okie? And we're not at the bottom, the typical american saying is that we're your hat, or some such thing. I suppose a mature audience during the US's peak at home hours is asking too much. Okies are people from Oklahoma. You'll know one when they open their mouth. They boast that they have the best cooking, the best state, the best girls, the best stories, the best....well you get the idea. After 10 minutes you just wanna ***slap them. And alot of Canadians share the same quality. Your one of the bigger ego's of the lot. In fact of all the canooks that I've met, I've only met 2 who were actually really cool. People in the UK even have a better outlook at life and a more open mind. I mean just look at your post. You immediatly went on the defensive and put words in my post thinking that I thought that you guys are the bottom of the food chain but I can think of much worse places to be (or not to be). It's not the country that's bad, Canada's a beautiful place to visit. It's the people it harbors. Its referred to as the strawman defense (yay, OP taught me something). Instead of trying to convince you that your position is wrong, because such is futile and will never end in success, I throw all sorts of stumbling blocks infront of you and drag some bait over them in the hopes you will lose interest and GTFO.
BigDave Exanimo Inc Triumvirate.	Posted - 2007.11.09 00:58:00 - [83] Originally by: Derovius Vaden And your economy is suffering ... flex its empirial muscle. The irony of your post is that you touch on what is happening without understanding it. Devaluing the dollar is flexing imperial muscle, in the sense that it is the only way the US can collect "tribute." Most major governments of the world have little choice but to maintain large holdings of US$ (necessary in order to purchase such commodities as crude oil, which are traded in US$). By pursuing monetary policy which devalues the US$, the US is reallocating wealth from those who hold large US$ stockpiles and returning it to those who directly benefit from such policy. Meanwhile, trade shifts to benefit US business while US debts fall in terms of actual value. And apparently at least one clueless Canadian dances in the streets over some perceived victory that the term "weakness" applied to a currency would imply weakness of the associated economy. How cute. ----- Dang, signatures keep getting smaller and smaller, unless you count the bits where ISD colors outside the lines...
DarkMatter Sintered Sanity	Posted - 2007.11.09 01:08:00 - [84] Edited by: DarkMatter on 09/11/2007 01:12:32 Edited by: DarkMatter on 09/11/2007 01:11:02 Quote: Blind patriotic ferver and tin foiling make me lol. "You no dis ma country, ya hear!" I don't feel "dissed" that our dollar is lower than yours... It's good for our local economy, which has been in trouble for years. It's good for my job, and my companyÆs main competitor is in Germany. We're winning machine orders over them regularly now... The weak dollar isn't hurting me at all... IÆm making more money than I ever have... There's winners and losers in this whole deal... I'm not losing... My Current Project
Derovius Vaden	Posted - 2007.11.09 01:08:00 - [85] Originally by: BigDave Originally by: Derovius Vaden And your economy is suffering ... flex its empirial muscle. The irony of your post is that you touch on what is happening without understanding it. Devaluing the dollar is flexing imperial muscle, in the sense that it is the only way the US can collect "tribute." Most major governments of the world have little choice but to maintain large holdings of US$ (necessary in order to purchase such commodities as crude oil, which are traded in US$). By pursuing monetary policy which devalues the US$, the US is reallocating wealth from those who hold large US$ stockpiles and returning it to those who directly benefit from such policy. Meanwhile, trade shifts to benefit US business while US debts fall in terms of actual value. And apparently at least one clueless Canadian dances in the streets over some perceived victory that the term "weakness" applied to a currency would imply weakness of the associated economy. How cute. People also use the USD because of the percieved economic stability of it in the market. If they play go-fish with its value enough, world trade will turn to a new standard, much to the detriment of your currency. Currency trading in and of itself is based on the strength of the economy on which the currency is based. Such is why you rarely see people trading in the Kronar or Rupie, as investments in such markets is pretty much economic suicide.
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.09 01:11:00 - [86] Originally by: Derovius Vaden Originally by: BigDave Originally by: Derovius Vaden And your economy is suffering ... flex its empirial muscle. The irony of your post is that you touch on what is happening without understanding it. Devaluing the dollar is flexing imperial muscle, in the sense that it is the only way the US can collect "tribute." Most major governments of the world have little choice but to maintain large holdings of US$ (necessary in order to purchase such commodities as crude oil, which are traded in US$). By pursuing monetary policy which devalues the US$, the US is reallocating wealth from those who hold large US$ stockpiles and returning it to those who directly benefit from such policy. Meanwhile, trade shifts to benefit US business while US debts fall in terms of actual value. And apparently at least one clueless Canadian dances in the streets over some perceived victory that the term "weakness" applied to a currency would imply weakness of the associated economy. How cute. People also use the USD because of the percieved economic stability of it in the market. If they play go-fish with its value enough, world trade will turn to a new standard, much to the detriment of your currency. Currency trading in and of itself is based on the strength of the economy on which the currency is based. Such is why you rarely see people trading in the Kronar or Rupie, as investments in such markets is pretty much economic suicide. Are you going to respond to any arguments or are you just going to go off on random tangents until we realize you're just an angry little hate-monger and go home.
Battleclash	Posted - 2007.11.09 01:14:00 - [87] Originally by: Derovius Vaden Its referred to as the strawman defense (yay, OP taught me something). Instead of trying to convince you that your position is wrong, because such is futile and will never end in success, I throw all sorts of stumbling blocks infront of you and drag some bait over them in the hopes you will lose interest and GTFO. Well it's an active topic so I probably wont lose interest. That's a pretty strong post there, you should re-read yourself sometime then look in the mirror. We in OOPE understand your utter hatred for the US for whatever reason, be it governmental or outsiders assuming canada is actually part of america, and we realize that you have a huge fetish for Darkmatter, always calling him a blind patriot then spouting off how great canada is (see the irony here?), but the way your doing this is all wrong. You grasp at straws. Every once in a blue moon you get something actually relevant, but it's only once in a blue moon. The rest of the time you just post something in hopes that it demoralizes the people of the US that play this game or whatever your master scheme is. This is probably one of those situations where you should have read into the information a little more instead of posting it and standing there feeling proud. Bigger is not always better. I'm sorry. Originally by: Vladimir Ilych Stupidity is universal.
Ademaro Imre Caldari Eye of God	Posted - 2007.11.09 20:55:00 - [88] Originally by: Battleclash Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way. It's just his repressed feelings of outrage that cause him to sc*****the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'. He does this about every 2 weeks or so. Canada is so fasionable. Its America's hat.
Ademaro Imre Caldari Eye of God	Posted - 2007.11.09 21:12:00 - [89] I run a business too. Its has been absolutely awesome last 2 years. I have never had to turn away business before. I can't find enough people to work for me because i have to keep competing with the increasing wages. The dirty little secret is that the dollar fall has nothing to do with the fundamentals of the economy. Its a "credit crunch" for some, and just some, not all banks were two dumb to give their money to people who should never have gotten the money. They used that money and paid off builders. Who in turn paid their loans off to the banks. The banks operated on think they were getting some sort of future income from these homeowners and they are not getting it. They are short on cash now and have to report the loss on paper. The banks still own the equity in the homes! The homes are not cars, they do not depreciate like a car does. The banks that were stupid - just have to wait around like stupid banks should until they can resell the homes. And it hasn't really put a large dent into housing market either. Where I live, there are 2100 new houses already broken ground, or will be in the next year. Prices of some home have come down, but they were flying up anyway. Smart people are still buying homes and not buying into silly mortages with highly variable interest rates. Every person that has had, or having their home foreclosed on them, still have their jobs. They just couldn't afford to pay the deal they signed on for interest for a year and higher (much higher) interest rates later on. They were renting before - and should have stayed that way =- or stayed in smaller houses. These banks and their paper loss, not equity is pushing the dollar down. Not the fundmentals of the economy.
Mr Friendly That it Should Come to This Derek Knows Us	Posted - 2007.11.10 00:17:00 - [90] Originally by: Battleclash Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way. It's just his repressed feelings of outrage that cause him to sc****the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'. He does this about every 2 weeks or so. Yah, it must suck for Canada to be paying down* it's debt of 475 billion every year (and now mandated by law), posting record surpluses for the last few years (with more to come), while still offering tangible benefits to its citizens. Unlike the US that now has a 9 TRILLION dollar debt, and keeps going further into the hole. You do realize America has to deal with that cancer before the debt service payments consume gdp, right? Frankly, I'd say Canada stands out pretty well when compared to the US. Thanks for trolling though. __________________________________________________ Originally by: Rells This place is sewer. Full of people that use internet anonymity to do things that would earn them two knocked out teeth in real life.

Battleclash	Posted - 2007.11.10 02:08:00 - [91] Originally by: Mr Friendly Yah, it must suck for Canada to be paying down it's debt of 475 billion every year (and now mandated by law), posting record surpluses for the last few years (with more to come), while still offering tangible benefits to its citizens. Unlike the US that now has a 9 TRILLION dollar debt, and keeps going further into the hole. You do realize America has to deal with that cancer before the debt service payments consume gdp, right? Frankly, I'd say Canada stands out pretty well when compared to the US. Thanks for trolling though. Ok, another person who wants to make canada feel like the god like country. Alright then. Sure Canada seems like a great country. I mean DV talks so highly of the school system, free medical care (even if the waiting list for some problems are long), the laws, the government, hell, who wouldn't want to live there. It's paradise. We should all jump on the bandwagon. Seems like it's pretty hard to get a job there though. I mean Canada's unemployment rate is a staggering 6.4% compared to the US's 4.8%. England, only 2.9%. That doesn't seem right that these people , with all their great schooling, can't get a job. But wait, I'm noticing another statistic. School dropouts in canada are at 18%. 18%. And it's been a consistent 18% for years. America? 10.4%. And England? 9.9%. England actually had several percantages covering their island ranging from 8.4% to 13.5%, I just had to round out an average. Must be heartbreaking for alot of folks. Guess that's why Canada ranks 35 on the suicide list. Sadly the US falls behind at rank 46. England is all the way in 60th. Must not be much of an option for the jobless. Suicide or crime. I guess that's why a couple years back Canada's crime rate was 50% Higher than the US's. We're just about par now. The only reason why the US seems worse is because we're in the spotlight (thanx a bunch Mr President). I guess your country isn't as wonderful as you make it to be. Too bad, sure looked good on the brochure. You spend all this time trying to point out the flaws of someone else when you should be looking at the flaws of yourself. Oh and one more thing, England prevails. Originally by: Vladimir Ilych Stupidity is universal.
Mr Friendly That it Should Come to This Derek Knows Us	Posted - 2007.11.10 02:49:00 - [92] Originally by: Battleclash Originally by: Mr Friendly Yah, it must suck for Canada to be paying down it's debt of 475 billion every year (and now mandated by law), posting record surpluses for the last few years (with more to come), while still offering tangible benefits to its citizens. Unlike the US that now has a 9 TRILLION dollar debt, and keeps going further into the hole. You do realize America has to deal with that cancer before the debt service payments consume gdp, right? Frankly, I'd say Canada stands out pretty well when compared to the US. Thanks for trolling though. Ok, another person who wants to make canada feel like the god like country. Alright then. Sure Canada seems like a great country. I mean DV talks so highly of the school system, free medical care (even if the waiting list for some problems are long), the laws, the government, hell, who wouldn't want to live there. It's paradise. We should all jump on the bandwagon. Seems like it's pretty hard to get a job there though. I mean Canada's unemployment rate is a staggering 6.4% compared to the US's 4.8%. England, only 2.9%. That doesn't seem right that these people , with all their great schooling, can't get a job. But wait, I'm noticing another statistic. School dropouts in canada are at 18%. 18%. And it's been a consistent 18% for years. America? 10.4%. And England? 9.9%. England actually had several percantages covering their island ranging from 8.4% to 13.5%, I just had to round out an average. Must be heartbreaking for alot of folks. Guess that's why Canada ranks 35 on the suicide list. Sadly the US falls behind at rank 46. England is all the way in 60th. Must not be much of an option for the jobless. Suicide or crime. I guess that's why a couple years back Canada's crime rate was 50% Higher than the US's. We're just about par now. The only reason why the US seems worse is because we're in the spotlight (thanx a bunch Mr President). I guess your country isn't as wonderful as you make it to be. Too bad, sure looked good on the brochure. You spend all this time trying to point out the flaws of someone else when you should be looking at the flaws of yourself. Oh and one more thing, England prevails. Funny, all I did was compare the debtloads for the variuos country and then claimed that made it stand out pretty well. Then you put a bunch of words in my mouth. Well, I didn't say those things, nor will I address them since I really can't be bothered to laboriously go through stats just to address an internet argument. What I DID say holds true. If the US doesn't curtail it's rapid descent towards 10 TRILLION dollars debt (frankly I can't understand what that number actually means, and I don't think most people can either), it's screwed. Plain and simple. Don't put words in other people's mouths... it's their mouth, they can do it for themselves tyvm. __________________________________________________ Originally by: Rells This place is sewer. Full of people that use internet anonymity to do things that would earn them two knocked out teeth in real life.
Sharupak Minmatar Knights Of the Black Sun Rule of Three	Posted - 2007.11.10 04:21:00 - [93] Money is still based on the belief that it is valuable. It doesnt matter if its gold or platinum or uranium or plain old ******* paper. Although the fiat money system is based basically on the value of man hours which is pretty friggen sad. _______________________________________________ RuntimeError: ChainEvent is blocking by design, but you're block trapped. You have'll have to find some alternative means to do Your Thing, dude.
Corstaad Minmatar Brutor tribe	Posted - 2007.11.10 04:32:00 - [94] I have a fair to good income for american standards, on the side I can and do make more. Housing went through a boom unseen since WWII, america has way to many asset's and area to make this boom work. I'd rather rent then buy another cheesy townhome. Those guys dug there own grave and it sucks I'm in the same industry.
John Monaghan	Posted - 2007.11.10 07:26:00 - [95] As for stable currencies, I don't think the Physiocrats had it right, nor were those in favor of a labor theory of value entirely spot on. In the sense of the former, land doesn't actually possess value except in its utilization. The same is true with a "metal money" in that the metal is more useful in other applications rather than as a medium of equivocation between goods and services. The best unit of exchange in this century would be the joule. 17th century political economy will pretty much keep us at the cutting edge of that era. Labor, or energy, that can be imbued into things is simply vastly distorted since the time it was first conceived. While a human being can sustain (convert) about 200 watts of activity, an internal combustion engine can crank out (convert) tens of thousands. Central currency overseers, whether private or governmentally moderated, merely add a layer of distortion on an already abstract unit. As production and demand begin rounding Hubbert's curve, this will become more and more relevant. Our predominant existing supplies are not "sources" of energy so much as they are a bank account of stored solar energy. Most of the effects we dwell on now in revaluations between forms of what are ostensibly units of universal conversion, are simply merely topical, and will increasingly seem so. It's a given that a capitalist economy will invariably create artificial scarcity in housing and medical care, while a central economy will deal with scarcity conditions in commodities. Political economy aside, both are merely organizational technologies for managing the efficiency of goods utilization. None of the goods, commodities, or services will be able to be procured without energy, so that will increasingly become the focus anyhow. Might as well jump the shark and go strait to the joule. BTW, if we screw it up, there are no do-overs for this particular planet. Better hope the Rapture was a good exit strategy afterall.
Derovius Vaden	Posted - 2007.11.10 20:23:00 - [96] Originally by: Battleclash Sure Canada seems like a great country. I mean DV talks so highly of the school system, free medical care (even if the waiting list for some problems are long), the laws, the government, hell, who wouldn't want to live there. It's paradise. We should all jump on the bandwagon. Waiting 4 months for elective surgery seems harsh until you realize that EVERYONE waits this long, be they rich, poor or otherwise. So-called true equality, even if we are all equal in mistreatment. Quote: Seems like it's pretty hard to get a job there though. I mean Canada's unemployment rate is a staggering 6.4% compared to the US's 4.8%. England, only 2.9%. Once again you're posting half the story, allow me to extend out your half-correct information. Yes, the unemployment average in Canada is 6.4%, 4.8% in the US and 2.9% in the UK. However, the population of the US is 301,139,947, Canada's is 33,390,141, and the UK's is 60,776,238. Therefore, - US has ~14,454,717.5 unemployed persons. - Canada has ~2,136,969 unemployed persons. - UK has ~1,762,510.9 unemployed persons. Thus, the ranking goes US < Can < UK in terms of job prospects based on pure numbers. Additionally, - 17% of the UK population is below the poverty line; ~10,331,960.5 people. - 15.9% of the Canadian population is below the poverty line; ~5,309,032.4 people. - 12% of the US population is below the poverty line; ~36,136,793.6 people. In this specific instance, once again, the US is pulled up the rear in terms of the number of people struggling through life. How can the quote-unquote richest nation in the world abide 36 million people below the poverty line? Better yet, how can an administration justify spending 0.44 trillion on a war with a nation thats more a threat to itself than the world at large, while their own citizens can't feed their children? Quote: That doesn't seem right that these people , with all their great schooling, can't get a job. But wait, I'm noticing another statistic. School dropouts in canada are at 18%. 18%. And it's been a consistent 18% for years. America? 10.4%. And England? 9.9%. England actually had several percantages covering their island ranging from 8.4% to 13.5%, I just had to round out an average. - Canada; 18%; ~6,010,225.4 persons. - US; 10.4%; ~31,318,554.5 persons. - UK; 9.9%; ~6,016,847.6 persons. Thus, once again, the true numbers, in lieu of averages, speak the truth behind the issue. From most to least dropouts, it goes US, UK and Canada. Quote: Must be heartbreaking for alot of folks. Guess that's why Canada ranks 35 on the suicide list. Sadly the US falls behind at rank 46. England is all the way in 60th. I cannot find these numbers, post a reference. I have an funny suspicion that these are averages once again. Having a population that is 1/10th the US's tends to make certain stats worse than they truly are. Quote: I guess your country isn't as wonderful as you make it to be. Too bad, sure looked good on the brochure. You smeck of envy, Mr. American. I can't blame you personally really, all those years of your media telling you that your nation is the bastion of freedom, etc, to have a nation half your size overtake you must be a real blow to your manhood.
DarkMatter Sintered Sanity	Posted - 2007.11.10 21:17:00 - [97] Gee, I can also take any percentage someone comes up with, turn it in to raw numbers and claim I win... You're a fracking ******... You can do that with ANY statistic for the US moron, we have many more people... My Current Project
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.10 23:42:00 - [98] Originally by: Derovius Vaden :words: I... You... Wha- I- You-... Derovius Vaden, what you've just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.
Celedris Stimulus	Posted - 2007.11.10 23:55:00 - [99] I heard the majority of U.S. currency, something like 70%, is held outside of the country in foreign banks and stuff, no?
Mtthias Clemi Gallente Infinitus Odium The Church.	Posted - 2007.11.11 00:04:00 - [100] dollars are made out of paper. -------------------------------------------- THE CAKE IS A LIE! THE CAKE IS A LIE! THE CAKE IS A LIE! THE CAKE IS A LIE! THE CAKE IS A LIE!

Alias11 GoonFleet GoonSwarm	Posted - 2007.11.11 00:05:00 - [101] Originally by: Mtthias Clemi dollars are made out of paper. oh god barrier of truth. brb economy and society collapsing
Derovius Vaden	Posted - 2007.11.11 00:17:00 - [102] Originally by: DarkMatter Gee, I can also take any percentage someone comes up with, turn it in to raw numbers and claim I win... You're a fracking ******... You can do that with ANY statistic for the US moron, we have many more people... Yes, you can, and you should. For someone who claims to be a mechanical engineer, the concept of statistics and probabilities should be very simple for you. If the failure rate on a component is 1% out a batch of 1000 units, but causes the death of the operator 100% of these 1%, is it an acceptable risk? The answer is of course not. Perhaps you should review your own schooling before attempt to school me, buddy . At the end of the day, raw numbers are what describe phenomenon best, not the vague % occurances grouped with them.
Battleclash	Posted - 2007.11.11 01:27:00 - [103] Edited by: Battleclash on 11/11/2007 01:35:11 Edited by: Battleclash on 11/11/2007 01:29:06 Originally by: Celedris I heard the majority of U.S. currency, something like 70%, is held outside of the country in foreign banks and stuff, no? Kinda True. We also have alot of countries that owe us money because we have this overwhelming urge to loan it out instead of printing it into our own country, something I could never work out myself. On the same side we owe alot of countries too but it's hard to pay them until we get paid. Oh and D, thanks for showing that Us that we can have a smaller percentage with a larger population. Really appreciate it. Still my point stands that your country aint all that you say it is. And who said I was American. Sure I live here currently, but did I start this way? Unlike some Canadian nazi's that we know and ....love, I actually appreciate the beauty of every culture. I've had the chance to see most of Europe and a majority of eastern cultures and I love and appreciate the unique difference of every nation on this Earth. It's a pity you people currently up north of me are so narrow minded. PS: post 100 in a forbidden thread! Originally by: Vladimir Ilych Stupidity is universal.
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.11 03:49:00 - [104] Originally by: Derovius Vaden Originally by: DarkMatter Gee, I can also take any percentage someone comes up with, turn it in to raw numbers and claim I win... You're a fracking *****... You can do that with ANY statistic for the US moron, we have many more people... Yes, you can, and you should. For someone who claims to be a mechanical engineer, the concept of statistics and probabilities should be very simple for you. If the failure rate on a component is 1% out a batch of 1000 units, but causes the death of the operator 100% of these 1%, is it an acceptable risk? The answer is of course not. Perhaps you should review your own schooling before attempt to school me, buddy . At the end of the day, raw numbers are what describe phenomenon best, not the vague % occurances grouped with them. In this same crazy world where you live, america is also way billions of times better than canada. Not only do we have more high school graduates than you, but we have more than eight times more high school graduates than canada has people. Almost 9 times more people employed than you have people, again. Do you realize how bad your argument is yet? I mean, I'm a Communication major, My job consists of sitting in front of a computer all night, putting parts of video and audio in a neat little line so it comes out as a story. My knowledge of statistics consists almost entirely of the odds that the night's activities will send me into a coma, and I have a better grasp on this than you*
Derovius Vaden	Posted - 2007.11.11 07:48:00 - [105] Originally by: Alias11 Originally by: Derovius Vaden Originally by: DarkMatter Gee, I can also take any percentage someone comes up with, turn it in to raw numbers and claim I win... You're a fracking *****... You can do that with ANY statistic for the US moron, we have many more people... Yes, you can, and you should. For someone who claims to be a mechanical engineer, the concept of statistics and probabilities should be very simple for you. If the failure rate on a component is 1% out a batch of 1000 units, but causes the death of the operator 100% of these 1%, is it an acceptable risk? The answer is of course not. Perhaps you should review your own schooling before attempt to school me, buddy . At the end of the day, raw numbers are what describe phenomenon best, not the vague % occurances grouped with them. In this same crazy world where you live, america is also way billions of times better than canada. Not only do we have more high school graduates than you, but we have more than eight times more high school graduates than canada has people. Almost 9 times more people employed than you have people, again. Do you realize how bad your argument is yet? I mean, I'm a Communication major, My job consists of sitting in front of a computer all night, putting parts of video and audio in a neat little line so it comes out as a story. My knowledge of statistics consists almost entirely of the odds that the night's activities will send me into a coma, and I have a better grasp on this than you* Well than, it appears that having put the so-called statistics into the proper light, the US supports are now frothing at the mouth that I don't understand that what I'm talking about. Tell me, Mr. Coms and Culture major, what exactly defines a statistic? Is it an accurate demonstration of the population as a whole, or are there usually assumptions of normalcy throughout the population that are observed in sample? Moreover, what is the purpose of statistics if not to purport the pattern of certain tendencies amongst the population towards a certain end? Are these tendencies not better represented by their whole number than a highly variable percentage, which upon modification of the populations size via death or birth of additional participants, adjusts accordingly? Speaking as an individual whose undertaken several experiments over the course of his undergraduate career, I can say straight faced that the statistical variability from the known is inverse to its deviance; thus, as one gets further and further from the "accepted" value of a thing, the so-called error becomes difficult to gauge, and thus approaches ~100%. Because of this, statistical inferencing without consideration of the whole leads to poorly based judgements, and at the end of the day, decisions. As such, the fact that a smaller population shows greater deviance in a set or series of sets in a characteristic of sample taking. As one approaches 0 participants within a set, the probability and thus the statistical weight of that which is being guaged approaches 100%. Such is true of the opposite direction, instead of approaching unity in terms of chance occurance, the value approaches the so-called true value. As we all know, it is simply impossible to account for every single variance in a population, and thereby we must make allowances when required. If the Canadian population was to approach the American population, and re-sampled, one would find that the number of individuals fitting that previously mentioned type-sets would reduce accordingly. Until you can disprove this, and are unable to properly correct me, I hope you will have the decency to keep your mouth shut, as you continuously waste my time with these long-winded, e-peen spinning posts to put you in your place.
Battleclash	Posted - 2007.11.11 09:05:00 - [106] Percentages, no matter what the number, remain the same. Canada's unemployment rate is 6.4% and the US is 4.8%. Canada's population (and thank you for pulling up the #'s) is 33,390,141. US population is 301,139,947 This means 286,685,230 people are working. More than 8 times the total population of canada. Guess we have more job options. If those values were switch then the number of unemployed in the US would be much higher while Canada is much lower. 18% of drop outs is still 18%. And if you think deep about it that is almost of quarter of your students while only a tenth of America's students drop out. Canada's suicide rate is 11.9% which ranks them in 36th. America's suicide rate is only 11% and while it's a higher population it is still a lower percentage compared to Canada thus putting them at 46. This is why England is sitting at rank 60 with 7%. Just be glad your not luthuania sitting in the #1 spot with a 38.8%. But then again they don't really have much to look forward to. Oh and China, who is like a 5th of the planets population by themselves? They come in at #27 with 13.9%. You can spin these numbers all your want but I see the statistics. I've got pages upon pages of them. Enjoy your day granted you don't become one of the 11.9% Originally by: Vladimir Ilych Stupidity is universal.
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.11 10:07:00 - [107] Edited by: Alias11 on 11/11/2007 10:07:40 Originally by: Derovius Vaden Well than, it appears that having put the so-called statistics into the proper light, the US supports are now frothing at the mouth that I don't understand that what I'm talking about. Tell me, Mr. Coms and Culture major, what exactly defines a statistic? Is it an accurate demonstration of the population as a whole, or are there usually assumptions of normalcy throughout the population that are observed in sample? Moreover, what is the purpose of statistics if not to purport the pattern of certain tendencies amongst the population towards a certain end? Are these tendencies not better represented by their whole number than a highly variable percentage, which upon modification of the populations size via death or birth of additional participants, adjusts accordingly? My God, Susan, you are completely insane. Quote: Speaking as an individual whose undertaken several experiments over the course of his undergraduate career, I can say straight faced that the statistical variability from the known is inverse to its deviance; thus, as one gets further and further from the "accepted" value of a thing, the so-called error becomes difficult to gauge, and thus approaches ~100%. Because of this, statistical inferencing without consideration of the whole leads to poorly based judgements, and at the end of the day, decisions. As such, the fact that a smaller population shows greater deviance in a set or series of sets in a characteristic of sample taking. As one approaches 0 participants within a set, the probability and thus the statistical weight of that which is being guaged approaches 100%. Such is true of the opposite direction, instead of approaching unity in terms of chance occurance, the value approaches the so-called true value. Cogito ergo concordantly meta. I can use big words too. It doesn't change the fact that your argument that raw values are more relevant than percentages is complete insanity. Under your bizarre rules, America is simultaneously much worse off than canada, because it has more than five times as many high school drop outs as canada, but also much better off, because it has ten times more high school graduates than canada. Also, Quote: undergraduate career Ahahahahahahahahahhahahahahahah Quote: As we all know, it is simply impossible to account for every single variance in a population, and thereby we must make allowances when required. If the Canadian population was to approach the American population, and re-sampled, one would find that the number of individuals fitting that previously mentioned type-sets would reduce accordingly. Until you can disprove this, and are unable to properly correct me, I hope you will have the decency to keep your mouth shut, as you continuously waste my time with these long-winded, e-peen spinning posts to put you in your place. I don't have to disprove anything, because nothing indicates that "If the Canadian population was to approach the American population, and re-sampled, one would find that the number of individuals fitting that previously mentioned type-sets would reduce accordingly". When you can prove that increasing the population straight out would somehow change the ratio of people employed:people unemployed, or people without high school diplomas:people with high school diplomas, we'll talk
Derovius Vaden	Posted - 2007.11.11 10:42:00 - [108] Originally by: Alias11 Edited by: Alias11 on 11/11/2007 10:07:40 My God, Susan, you are completely insane. Well thought-out rebuttal, I thank you for stopping by. Quote: Cogito ergo concordantly meta. I can use big words too. It doesn't change the fact that your argument that raw values are more relevant than percentages is complete insanity. Under your bizarre rules, America is simultaneously much worse off than canada, because it has more than five times as many high school drop outs as canada, but also much better off, because it has ten times more high school graduates than canada. Speaking in latin has nothing to do with "big-words", as they are dead words. The fact that science still uses such an outdated standard is non-sensical. At the same time, you're not even a science major, so at best, I can a little pity for you . Quote: Ahahahahahahahahahhahahahahahah Typical coms major, everythings a joke until the realize their degree isn't worth the pressed linen it was ironed on to. Come back to me when you have a real degree, kid. I've yet to see any undergraduate major equal to the difficulty of Engineering; and I'm loving every ***** minute of it. Quote:** I don't have to disprove anything, because nothing indicates that "If the Canadian population was to approach the American population, and re-sampled, one would find that the number of individuals fitting that previously mentioned type-sets would reduce accordingly". When you can prove that increasing the population straight out would somehow change the ratio of people employed:people unemployed, or people without high school diplomas:people with high school diplomas, we'll talk Wow, did you... you did. You just implied that having additional persons in your sample would not change the outcome. Oh boy, they really don't teach your coms and culture people anything do they? I suppose they had to change to coms and culture from GENERAL STUDIES just to pad the blow of realizing you wasted 4 years of your life on how to write essays. Better yet, go back and take a stats course, preferrably one thats not math-core based, as in applied sciences. Maybe you'll learn yourself something useful for these wonderful discussions that doesn't make you out to be yet another serial numbered computer monkey waiting for death to end their misery. And they wonder why Engineers look down on non-majors.
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.11 10:54:00 - [109] Originally by: Derovius Vaden Wow, did you... you did. You just implied that having additional persons in your sample would not change the outcome. Ok, fine. They'll become more precise. A sample of 1,000 will result in the likelyhood of occourance A bring 10.1 percent, and a sample of 10,000 will reveal that it's, in fact, 10.07 percent. Would you like to explain how, exactly, increasing a sample size will cause a drastic difference in the outcome? Quote: Oh boy, they really don't teach your coms and culture people anything do they? I suppose they had to change to coms and culture from GENERAL STUDIES just to pad the blow of realizing you wasted 4 years of your life on how to write essays. Better yet, go back and take a stats course, preferrably one thats not math-core based, as in applied sciences. Maybe you'll learn yourself something useful for these wonderful discussions that doesn't make you out to be yet another serial numbered computer monkey waiting for death to end their misery. And they wonder why Engineers look down on non-majors. I have an offer on the table to do editing for a local news show for 60 thou a year that I'm probably going to turn down in favor of directing some of my own stuff but keep trying.
Derovius Vaden	Posted - 2007.11.11 11:03:00 - [110] Originally by: Alias11 Ok, fine. They'll become more precise. A sample of 1,000 will result in the likelyhood of occourance A bring 10.1 percent, and a sample of 10,000 will reveal that it's, in fact, 10.07 percent. Would you like to explain how, exactly, increasing a sample size will cause a drastic difference in the outcome? Who has said your initial sample was a proper sampling of all possible outcomes? It could just has been easily swung from one end of the spectrum to the other. Your 10.1% could swing into 12 - 13% if you get a sample that is prodominantly dropout, or 7-8% if you take the sample at a post secondary institution. (As per those students whom dropped out, returned to finish, etc.). Quote: I have an offer on the table to do editing for a local news show for 60 thou a year that I'm probably going to turn down in favor of directing some of my own stuff but keep trying. Most engineering INTERNS make 60k a year; I'm looking at atleast 76k a year, average, working up here in the Oil and Gas industry as an intern. Nice number throwout by the way, trying to wile me with your communication skills. Have fun at life, I know I will.

Alias11 GoonFleet GoonSwarm	Posted - 2007.11.11 16:20:00 - [111] Originally by: Derovius Vaden Originally by: Alias11 Ok, fine. They'll become more precise. A sample of 1,000 will result in the likelyhood of occourance A bring 10.1 percent, and a sample of 10,000 will reveal that it's, in fact, 10.07 percent. Would you like to explain how, exactly, increasing a sample size will cause a drastic difference in the outcome? Who has said your initial sample was a proper sampling of all possible outcomes? It could just has been easily swung from one end of the spectrum to the other. Your 10.1% could swing into 12 - 13% if you get a sample that is prodominantly dropout, or 7-8% if you take the sample at a post secondary institution. (As per those students whom dropped out, returned to finish, etc.). No One said that the initial sample was a proper sampling of all possible outcomes. The people taking these samples have spent their entire lives learning how to take a diverse samplem, and do it across ten thousand people. No one would take an entire sample in one area, unless their data set pertained to that area. You still haven't proved increasing the population of canada to that of the us would cause a drastic (50% or so) reduction in the unsavory parts. And Further, your raw numbers are bad because you're just multiplying the results of the sample and not actually getting the raw numbers. Quote: Quote: I have an offer on the table to do editing for a local news show for 60 thou a year that I'm probably going to turn down in favor of directing some of my own stuff but keep trying. Most engineering INTERNS make 60k a year; I'm looking at atleast 76k a year, average, working up here in the Oil and Gas industry as an intern. Nice number throwout by the way, trying to wile me with your communication skills. Have fun at life, I know I will. Congratulations? You're going to be making slightly more money than me in a field that is notoriously unstable and is currently at an unprecedented high point? Also your cost of living is substansially higher than mine, I'd imagine. Are you just going to belittle me because I don't want to do math and sit in a cubicle for the rest of my life or are you actually going to prove how the raw numbers provide a better analysis of the situation than a properly taken sample
Pwn4ge P4nts Caldari Provisions	Posted - 2007.11.11 17:12:00 - [112] Originally by: Alias11 Originally by: Derovius Vaden Originally by: Alias11 Ok, fine. They'll become more precise. A sample of 1,000 will result in the likelyhood of occourance A bring 10.1 percent, and a sample of 10,000 will reveal that it's, in fact, 10.07 percent. Would you like to explain how, exactly, increasing a sample size will cause a drastic difference in the outcome? Who has said your initial sample was a proper sampling of all possible outcomes? It could just has been easily swung from one end of the spectrum to the other. Your 10.1% could swing into 12 - 13% if you get a sample that is prodominantly dropout, or 7-8% if you take the sample at a post secondary institution. (As per those students whom dropped out, returned to finish, etc.). No One said that the initial sample was a proper sampling of all possible outcomes. The people taking these samples have spent their entire lives learning how to take a diverse samplem, and do it across ten thousand people. No one would take an entire sample in one area, unless their data set pertained to that area. You still haven't proved increasing the population of canada to that of the us would cause a drastic (50% or so) reduction in the unsavory parts. And Further, your raw numbers are bad because you're just multiplying the results of the sample and not actually getting the raw numbers. Quote: Quote: I have an offer on the table to do editing for a local news show for 60 thou a year that I'm probably going to turn down in favor of directing some of my own stuff but keep trying. Most engineering INTERNS make 60k a year; I'm looking at atleast 76k a year, average, working up here in the Oil and Gas industry as an intern. Nice number throwout by the way, trying to wile me with your communication skills. Have fun at life, I know I will. Congratulations? You're going to be making slightly more money than me in a field that is notoriously unstable and is currently at an unprecedented high point? Also your cost of living is substansially higher than mine, I'd imagine. Are you just going to belittle me because I don't want to do math and sit in a cubicle for the rest of my life or are you actually going to prove how the raw numbers provide a better analysis of the situation than a properly taken sample With your ridiculous posturing, you both sound like ****s.
Tortun Nahme Minmatar Heimatar Services Conglomerate	Posted - 2007.11.11 17:18:00 - [113] amen But Canada does RULE! hooray for us! Originally by: Surfin's PlunderBunny Edited by: Surfin''s PlunderBunny on 04/11/2007 21:34:44 EDIT You know what, Tortun has this one under control...* *Basks in the chaos of this thread
Battleclash	Posted - 2007.11.11 19:43:00 - [114] Bah nevermind. I was going to write a huge post showing the flaw of your ways yet again but seeing as how you still think you and your country are infallible even though you've been the laughing stock in this whole thread it's not even worth my time. You won't look at it and see the truth, you'll continue bending it and attacking the world. Tell me, did you not get hugged enough as a child? Such anger and oppresion in this one. Originally by: Derovius Vaden And they wonder why Engineers look down on non-majors. This is far from true. Very very far from true. Should be more like this. Originally by: Derovius Vaden I look down upon everyone because I believe I'm am the superior being You should never group other people in your field unless you can account for each and every one of them. In fact we have another engineer with us, an actual engineer instead of a student, Mr. Darkmatter. Maybe we can ask him if he looks down on non-majors. That should prove or disprove your sentence I think. Quote: A narrow mind is like the iris of an eye. The more light you shed on it, the more it shuts. Think about it. Originally by: Vladimir Ilych Stupidity is universal.
Tortun Nahme Minmatar Heimatar Services Conglomerate	Posted - 2007.11.11 20:54:00 - [115] HEY! Canada may not be perfect but it is still the BEST! Regardless of Derovius being the most shining example or not Originally by: Surfin's PlunderBunny Edited by: Surfin''s PlunderBunny on 04/11/2007 21:34:44 EDIT You know what, Tortun has this one under control...* *Basks in the chaos of this thread
Digital Solaris Spartan Industries Cruel Intentions	Posted - 2007.11.11 21:37:00 - [116] Thread just gets better and better.
Derovius Vaden	Posted - 2007.11.11 22:37:00 - [117] Originally by: Alias11 ...owned... By the by, thats 76k CAD, or 83.6k USD. You know, just to put the thread back on track.
Doppler Shift Red 42 Infinite Innovation	Posted - 2007.11.12 00:47:00 - [118] Originally by: Derovius Vaden Originally by: Alias11 ...owned... By the by, thats 76k CAD, or 83.6k USD. You know, just to put the thread back on track. Just to keep your epeen fluffed, how much is that after taxes? And how much does it purchase with your local applied? Enjoy your winter... --- This is what's left of my signatu...[siggienerf][/siggienerf]
Audri Fisher Caldari VentureCorp Imperial Republic Of the North	Posted - 2007.11.12 01:18:00 - [119] Originally by: Wendat Huron Originally by: Ademaro Imre Edited by: Ademaro Imre on 08/11/2007 03:23:48 Originally by: Cipher7 The Poor = US Army recruits Stop drinking liberal Koolaid. Even during this war, there is a lower ratio of recruits that are poor. The median household income of recruits were 35-40K over the last three years. Of household incomes of 18-24 year old recruits, less than 14% of the recruits are in the lowest 20% income. 23% of recruit come from the highest 20% household incomes. That just means most are ****poor in the US, 40k income per household, jebus wept! when you don't have a 75% tax rate, it is easy to support a family on 40k a year. in 1970, my Grandfather was supporting himself, his wife, his 6 daughters, his brother, his wife, and there 3 kids on $200 USD a week gross income from his Dairy farm. He paid all of there college educations.
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.12 03:25:00 - [120] Originally by: Derovius Vaden Originally by: Alias11 ...owned... By the by, thats 76k CAD, or 83.6k USD. You know, just to put the thread back on track. taxes, cost of living, blah blah blah

Slayton Ford Ill Tempered Bus Drivers	Posted - 2007.11.12 07:11:00 - [121] Originally by: Cipher7 It is in the best interests of Republi****s to have a bad economy and a crappy education system. Uneducated people = Republican voter base The Poor = US Army recruits You sir, are an absolute idiot. If Republicans want a crappy ed system, then why are they wanting school choice? Why do they want to give kids the opportunities to get out of bad schools? Why do the dems support the teachers unions to the point where they take their marching order from them? The teachers unions which oppose any sort of compentcy testing on tenured teachers? You say the uneducated is the Rep voter base. Yet isnt it the Dems who are (and have always have) gone after the uneducated immagrant vote? In the current state, its the mexican vote. 140 years ago it was the Irish and Italian. Finally, your statement off Poor = Army Recruit is patently false. Since 2001, recruitment in the army has normalized to the point that the class breakdown of army recruits matches the population as a whole. --------------- This sig has been censored in fear of recieving the ban hammer...
Ademaro Imre Caldari Eye of God	Posted - 2007.11.12 08:01:00 - [122] Originally by: Slayton Ford Finally, your statement off Poor = Army Recruit is patently false. Since 2001, recruitment in the army has normalized to the point that the class breakdown of army recruits matches the population as a whole. Actually, since the War in Iraq and Afganistan started, poor households are becoming less and less represented, while the top 20% richest households are becoming more over-represented.
Brutus Proqqus	Posted - 2007.11.12 12:13:00 - [123] I hope the dollar price keeps dropping ;p when i find myself a job after i finished my bachelor's degree ill get to buy myself a nice american muscle car and import it here to holland :P
Mary Makepeace Caldari Neh'bu Kau Beh'Hude Ushra'Khan	Posted - 2007.11.12 12:22:00 - [124] Originally by: Brutus Proqqus I hope the dollar price keeps dropping ;p when i find myself a job after i finished my bachelor's degree ill get to buy myself a nice american muscle car and import it here to holland :P Nice to look at but you will need to mortgage the house in order to start the engine.
Kirjava Lothian Quay Industries Zzz	Posted - 2007.11.12 13:26:00 - [125] Originally by: Brutus Proqqus I hope the dollar price keeps dropping ;p when i find myself a job after i finished my bachelor's degree ill get to buy myself a nice american muscle car and import it here to holland :P Nice plan. I had some similar thoughts, why does CCP charge the same number of Dollars and Pounds for the same service is what baffles me. Just buy everything in dollars, and the British price of living drops quite a bit (dismissing perishables) for books, computers ect. Originally by: CCP Morpheus Post with your alt.
Saladin Minmatar Eternity INC. Mercenary Coalition	Posted - 2007.11.12 14:05:00 - [126] Edited by: Saladin on 12/11/2007 14:05:16 I enjoy traveling quite a bit so the the dollar's weakness at the moment is a burden. Every time I make travel plans I wonder if I should exchange money now or wait on the hopes it goes up again. But it never does. One time I decided to exchange early to get some Canadian dollars before a trip. The bank teller lady told me that they only do foreign exchanges on weekedays. I left work early and showed up at the bank on a weekday, this time she said that they didnt have any canadian dollars on hand and should go to a different branch. But then she smiled and suggested I could just exchange whatever money I wanted when I got overseas. Sure, after the dollar dropped another 10%. So not only does one have to deal with incompetent bank employees, any seirous travel plans require a bit of currency speculation! I checked the rates on yahoo and its CDN$1=US$1.04. But I guess with all the stupid fees banks charge you it could very well be 1.10. Its times like this that make me think that maybe it was a mistake to move to the US 7 years ago.
Audri Fisher Caldari VentureCorp Imperial Republic Of the North	Posted - 2007.11.12 15:53:00 - [127] Originally by: Saladin Edited by: Saladin on 12/11/2007 14:05:16 I enjoy traveling quite a bit so the the dollar's weakness at the moment is a burden. Every time I make travel plans I wonder if I should exchange money now or wait on the hopes it goes up again. But it never does. One time I decided to exchange early to get some Canadian dollars before a trip. The bank teller lady told me that they only do foreign exchanges on weekedays. I left work early and showed up at the bank on a weekday, this time she said that they didnt have any canadian dollars on hand and should go to a different branch. But then she smiled and suggested I could just exchange whatever money I wanted when I got overseas. Sure, after the dollar dropped another 10%. So not only does one have to deal with incompetent bank employees, any seirous travel plans require a bit of currency speculation! I checked the rates on yahoo and its CDN$1=US$1.04. But I guess with all the stupid fees banks charge you it could very well be 1.10. Its times like this that make me think that maybe it was a mistake to move to the US 7 years ago. a very weak Yen fueled Japans economy for years, and becuase China refuses to let its currency value rise, it is making there economy expand very quickly.
Battleclash	Posted - 2007.11.12 16:31:00 - [128] Originally by: Saladin Edited by: Saladin on 12/11/2007 14:05:16 I enjoy traveling quite a bit so the the dollar's weakness at the moment is a burden. Every time I make travel plans I wonder if I should exchange money now or wait on the hopes it goes up again. But it never does. One time I decided to exchange early to get some Canadian dollars before a trip. The bank teller lady told me that they only do foreign exchanges on weekedays. I left work early and showed up at the bank on a weekday, this time she said that they didnt have any canadian dollars on hand and should go to a different branch. But then she smiled and suggested I could just exchange whatever money I wanted when I got overseas. Sure, after the dollar dropped another 10%. So not only does one have to deal with incompetent bank employees, any seirous travel plans require a bit of currency speculation! I checked the rates on yahoo and its CDN$1=US$1.04. But I guess with all the stupid fees banks charge you it could very well be 1.10. Its times like this that make me think that maybe it was a mistake to move to the US 7 years ago. Things like this make alot of people worry about travel plans cause most of ya think about what you have to pay. The reason I've been able to travel so much around the world is because I get paid to. When I set out for another country I find work on a ship either cooking or any side help the crew needs. Once I get to my country of destination I travel around and see the sights and generally ask around if anyone needs help for room and board and maybe a few dollars. This has allowed me to see most of Europe and a majority of Asia. I'm currently am hitting up all 50 states (although I might skip Alaska). After Honolulu I'm thinking of maybe checking out the continental prison colony (Australia for those who dont know) then getting back into China to get up to Russia (depending on how they're doing). Originally by: Vladimir Ilych Stupidity is universal.
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.12 17:13:00 - [129] Originally by: Brutus Proqqus I hope the dollar price keeps dropping ;p when i find myself a job after i finished my bachelor's degree ill get to buy myself a nice american muscle car and import it here to holland :P We haven't made a good muscle car in the past 35 years
Saladin Minmatar Eternity INC. Mercenary Coalition	Posted - 2007.11.12 18:27:00 - [130] Originally by: Audri Fisher a very weak Yen fueled Japans economy for years, and becuase China refuses to let its currency value rise, it is making there economy expand very quickly. That much is clear. I have no idea why China was being let into WTO if it didn't float its currency, which is causing problems here in the US. In addition, these sub-prime mortgage scams should have never been allowed. And the Federal Reserve bailing out the banks that ran these scams is shameful. They should pay the price for their greed and stupidity. Right now what I don't understand is why a weak dollar is not fueling the American economy the same way the weak Yen was fueling Japan or the weak Yuan is fueling China. Could it be because American companies have off-shored most of their operations?

Kirjava Lothian Quay Industries Zzz	Posted - 2007.11.12 19:04:00 - [131] Originally by: Saladin Could it be because American companies have off-shored most of their operations? Possibly, also that the EU is looking inward and to China for production as opposed to the USA so not much money coming in from us. You would know the ** had hit the fan if China started investing in USA though. Originally by:** CCP Morpheus Post with your alt.
Ademaro Imre Caldari Eye of God	Posted - 2007.11.12 19:26:00 - [132] Originally by: Saladin Originally by: Audri Fisher a very weak Yen fueled Japans economy for years, and becuase China refuses to let its currency value rise, it is making there economy expand very quickly. That much is clear. I have no idea why China was being let into WTO if it didn't float its currency, which is causing problems here in the US. In addition, these sub-prime mortgage scams should have never been allowed. And the Federal Reserve bailing out the banks that ran these scams is shameful. They should pay the price for their greed and stupidity. Right now what I don't understand is why a weak dollar is not fueling the American economy the same way the weak Yen was fueling Japan or the weak Yuan is fueling China. Could it be because American companies have off-shored most of their operations? They were not scams. They were all legitimate and legal. Home buyers signed on the dotted lines. No interest or low interest for several years and a low down payment. They knew exactly what they were getting, and the banks knew exactly what the home buyers credit rating and income were. Both parties ignored the realities that in a few years higher interest rates would kick in and the monthly payment would go up quite a bit. The banks wanted someone to sign the line, the the home buyers only cared about the monthly payment for the next two years. The only real scam in mortgage loans is were a mortgage company in PA was taking mortgage payments, but not paying the banks. That was a scam. But in general, all these low initial interest loans were not a scam. The Federal reserve isn't bailing out any banks. Give it time and a consistent weak dollar to fuel the economy. You need time to build the factories, train the workers and lay off and close down the factories overseas first, unless they go to China.
Ademaro Imre Caldari Eye of God	Posted - 2007.11.12 19:31:00 - [133] Originally by: Kirjava Originally by: Saladin Could it be because American companies have off-shored most of their operations? Possibly, also that the EU is looking inward and to China for production as opposed to the USA so not much money coming in from us. You would know the **** had hit the fan if China started investing in USA though. Europe has already been buying companies in the US because of the dollar. At least 69 companies have been bought by Autralia, Saudia Arabia and Europe to increase their markets in the US.
Alias11 GoonFleet GoonSwarm	Posted - 2007.11.12 20:38:00 - [134] Originally by: Saladin That much is clear. I have no idea why China was being let into WTO if it didn't float its currency, which is causing problems here in the US. In addition, these sub-prime mortgage scams should have never been allowed. And the Federal Reserve bailing out the banks that ran these scams is shameful. They should pay the price for their greed and stupidity. Scams typically involve one person profiting. In these, everyone was just collectively dumb and lost money for it. Quote: Right now what I don't understand is why a weak dollar is not fueling the American economy the same way the weak Yen was fueling Japan or the weak Yuan is fueling China. Could it be because American companies have off-shored most of their operations? If I had to take a stab as someone with somewhere between little and no clout on international trade, I'd say globalization is the issue at hand here. Currency is normalizing where it's allowed to normalize (America, Mexico, Japan, etc.), but places where the economy is more controlled (China keeping the Yuan pinned down, Europe having a bunch of laws to protect jobs), are remaining isolated from that to the detriment of the global economy(The way I see it, at least), and it's kind of a Bad Thing.
Geliebte Kettensage Nouveau Riche	Posted - 2007.11.12 20:49:00 - [135] Originally by: Alias11 Originally by: Brutus Proqqus I hope the dollar price keeps dropping ;p when i find myself a job after i finished my bachelor's degree ill get to buy myself a nice american muscle car and import it here to holland :P We haven't made a good muscle car in the past 35 years Yeah you have! The mark II mustang was 'TEH ROXOR!'. /me coughs I do want one of the new mustangs though. and Its only ú13000 for a V6 jobby. but by the time i've paid import taxes, re-registered it, and adapted it for the UK, it'd cost me somewhere in the region of ú20000. thats $44000 or there abouts
Audri Fisher Caldari VentureCorp Imperial Republic Of the North	Posted - 2007.11.12 21:03:00 - [136] Originally by: Saladin Originally by: Audri Fisher a very weak Yen fueled Japans economy for years, and becuase China refuses to let its currency value rise, it is making there economy expand very quickly. That much is clear. I have no idea why China was being let into WTO if it didn't float its currency, which is causing problems here in the US. In addition, these sub-prime mortgage scams should have never been allowed. And the Federal Reserve bailing out the banks that ran these scams is shameful. They should pay the price for their greed and stupidity. Right now what I don't understand is why a weak dollar is not fueling the American economy the same way the weak Yen was fueling Japan or the weak Yuan is fueling China. Could it be because American companies have off-shored most of their operations? That's a lot of it, the US has off-shored most of there manufacturing becuase the dollar was so strong, now, there is incentive to bring some of those jobs back, or failing that, start expanding in the US in the future.
mama guru Gallente Corp 1 Allstars Insurgency	Posted - 2007.11.12 21:46:00 - [137] The USD is "Legal Tender". This means that it is backed by nothing, its only worth the paper its printed on. The one and only thing that gives it value is how much of it is in circulation. So when the US started to icrease its defense spending after 9/11, more money came into circulation and thus the only logical outcome was a drop in the USD's value. *signature removed - please email us to find out why (include a link) - Jacques([email protected]) EVE is like the "Fisherman's Friend" of MMOs. If it's too hard, you are too weak.
Mr Friendly That it Should Come to This Derek Knows Us	Posted - 2007.11.12 23:49:00 - [138] Originally by: Saladin Edited by: Saladin on 12/11/2007 14:05:16 One time I decided to exchange early to get some Canadian dollars before a trip. The bank teller lady told me that they only do foreign exchanges on weekedays. I left work early and showed up at the bank on a weekday, this time she said that they didnt have any canadian dollars on hand and should go to a different branch. Just partially quoting you, btw. Last time I was in the US, I went to exchange some Can$ and received a 1.20% exchange rate in my favor. Keep in mind this was when my dollar was worth.. oh... around .80 . I had a bit of a laugh with the gf, then got her to go in and change her money too ;) Obviously, the teller was either dense or new (or both). Though it was nice to enjoy a few more dinners out on the banks' tab, I'll tell you that. __________________________________________________ Originally by: Rells This place is sewer. Full of people that use internet anonymity to do things that would earn them two knocked out teeth in real life.
Mr Friendly That it Should Come to This Derek Knows Us	Posted - 2007.11.12 23:56:00 - [139] Originally by: Alias11 Originally by: Saladin That much is clear. I have no idea why China was being let into WTO if it didn't float its currency, which is causing problems here in the US. In addition, these sub-prime mortgage scams should have never been allowed. And the Federal Reserve bailing out the banks that ran these scams is shameful. They should pay the price for their greed and stupidity. Scams typically involve one person profiting. In these, everyone was just collectively dumb and lost money for it. Quote: Right now what I don't understand is why a weak dollar is not fueling the American economy the same way the weak Yen was fueling Japan or the weak Yuan is fueling China. Could it be because American companies have off-shored most of their operations? If I had to take a stab as someone with somewhere between little and no clout on international trade, I'd say globalization is the issue at hand here. Currency is normalizing where it's allowed to normalize (America, Mexico, Japan, etc.), but places where the economy is more controlled (China keeping the Yuan pinned down, Europe having a bunch of laws to protect jobs), are remaining isolated from that to the detriment of the global economy(The way I see it, at least), and it's kind of a Bad Thing. You might want to look at US farming (as a start) subsidies/price controls/labour protections before you conclude the US is a Free Market. I'll certainly agree its much more 'free' than China is, though, at least on the international stage where we have decent data. __________________________________________________ Originally by: Rells This place is sewer. Full of people that use internet anonymity to do things that would earn them two knocked out teeth in real life.
Audri Fisher Caldari VentureCorp Imperial Republic Of the North	Posted - 2007.11.13 00:56:00 - [140] Originally by: Mr Friendly Originally by: Alias11 Originally by: Saladin That much is clear. I have no idea why China was being let into WTO if it didn't float its currency, which is causing problems here in the US. In addition, these sub-prime mortgage scams should have never been allowed. And the Federal Reserve bailing out the banks that ran these scams is shameful. They should pay the price for their greed and stupidity. Scams typically involve one person profiting. In these, everyone was just collectively dumb and lost money for it. Quote: Right now what I don't understand is why a weak dollar is not fueling the American economy the same way the weak Yen was fueling Japan or the weak Yuan is fueling China. Could it be because American companies have off-shored most of their operations? If I had to take a stab as someone with somewhere between little and no clout on international trade, I'd say globalization is the issue at hand here. Currency is normalizing where it's allowed to normalize (America, Mexico, Japan, etc.), but places where the economy is more controlled (China keeping the Yuan pinned down, Europe having a bunch of laws to protect jobs), are remaining isolated from that to the detriment of the global economy(The way I see it, at least), and it's kind of a Bad Thing. You might want to look at US farming (as a start) subsidies/price controls/labour protections before you conclude the US is a Free Market. I'll certainly agree its much more 'free' than China is, though, at least on the international stage where we have decent data. Dude, look at France's agriculture... When I was living in Spain we ate artichokes every damn day because you could buy them for a few cents. This is because the French farmers got there panties in a knot, and set up roadblocks so Spain could not export there crops. Other countries may not have the legal subsidies, but have de facto ones.

Alias11 GoonFleet GoonSwarm	Posted - 2007.11.13 01:26:00 - [141] Originally by: Mr Friendly Originally by: Alias11 Originally by: Saladin That much is clear. I have no idea why China was being let into WTO if it didn't float its currency, which is causing problems here in the US. In addition, these sub-prime mortgage scams should have never been allowed. And the Federal Reserve bailing out the banks that ran these scams is shameful. They should pay the price for their greed and stupidity. Scams typically involve one person profiting. In these, everyone was just collectively dumb and lost money for it. Quote: Right now what I don't understand is why a weak dollar is not fueling the American economy the same way the weak Yen was fueling Japan or the weak Yuan is fueling China. Could it be because American companies have off-shored most of their operations? If I had to take a stab as someone with somewhere between little and no clout on international trade, I'd say globalization is the issue at hand here. Currency is normalizing where it's allowed to normalize (America, Mexico, Japan, etc.), but places where the economy is more controlled (China keeping the Yuan pinned down, Europe having a bunch of laws to protect jobs), are remaining isolated from that to the detriment of the global economy(The way I see it, at least), and it's kind of a Bad Thing. You might want to look at US farming (as a start) subsidies/price controls/labour protections before you conclude the US is a Free Market. I'll certainly agree its much more 'free' than China is, though, at least on the international stage where we have decent data. I should have said "relatively". I never meant to imply that we were some Ayn Rand wet dream, but compared to places like france or china we're FREE FREE FREEEEEEEEEEEEEEE!
Kirjava Lothian Quay Industries Zzz	Posted - 2007.11.13 10:57:00 - [142] Originally by: Ademaro Imre Originally by: Kirjava Originally by: Saladin Could it be because American companies have off-shored most of their operations? Possibly, also that the EU is looking inward and to China for production as opposed to the USA so not much money coming in from us. You would know the **** had hit the fan if China started investing in USA though. Europe has already been buying companies in the US because of the dollar. At least 69 companies have been bought by Autralia, Saudia Arabia and Europe to increase their markets in the US. My mistake, sorry. Also about the EU not being as open as the USA, thats just the way we are to be honest - we wouldn't be different countries if we did everything the same would we?
Abraham Azadian Sharks With Frickin' Laser Beams Mercenary Coalition	Posted - 2007.11.13 11:31:00 - [143] Originally by: Alias11 I should have said "relatively". I never meant to imply that we were some Ayn Rand wet dream, but compared to places like france or china we're FREE FREE FREEEEEEEEEEEEEEE! Index of economic freedom Thx for associating france and china, is that pure ignorance or just the mandatory flag waving tard's comment on the evil french ? Do you know what "nemesis" means? A righteous infliction of retribution manifested by an appropriate agent. Personified in this case by an 'orrible **... me!


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