USD going downhill and it won't stop

Discussion in 'General Business' started by wkhaiaun, Jan 1, 2008.

  1. #1
    For us international users who are earning in USD, seems that there is no way out of this. Unless people are willing to pay in Euro, I foreseen for the next two years to come, our earning could be slashed by another 10%. The only way I can think of is to stuff away the money in US bank and use it to purchase US products. Any better idea than this?
     
    wkhaiaun, Jan 1, 2008 IP
  2. cool_78

    cool_78 Guest

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    #2
    I feel your pain. In 2007 my country's currency has increased 20% against the USD, so you can only imagine the pain it's causing to dollar earners here :(
     
    cool_78, Jan 1, 2008 IP
  3. drmike

    drmike Well-Known Member

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    #3
    I also agree... I remember 6-7 years ago selling things on eBay and getting paid in USD, which was worth about 50% more than my dollar... now my dollar is worth more than the US, really bites.
     
    drmike, Jan 1, 2008 IP
  4. xXKingdom_SEOXx

    xXKingdom_SEOXx Peon

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    #4
    WOW, at the time my currency is same value as U.S been like that for a while I wonder would it would be like. Im sorry for you and understand your trying to preserve your nations currency. Ppl should pay in EURO some times.
     
    xXKingdom_SEOXx, Jan 1, 2008 IP
  5. 007ragstar

    007ragstar Banned

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    #5
    OH! it sucks to get more than 1000INR less in just a few days of time... Hopefully USD would gain aftr the elections.
     
    007ragstar, Jan 1, 2008 IP
  6. castdead

    castdead Active Member

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    #6
    I hope they will finally understand this at the government levels:

    - don't s
    Print money to buy oil, but not "make" the money.

    - do's
    Make money, and then buy oil from it.
     
    castdead, Jan 1, 2008 IP
  7. exstatic

    exstatic Peon

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    #7
    There should be an Internet currency... how can we start one? :)

    PM me if your keen and we can discuss.. lol
     
    exstatic, Jan 1, 2008 IP
  8. Veej

    Veej Active Member

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    #8
    PayPal is about as close to that as it can get I reckon! :p

    I wrote an article about this not long ago:
    What the Rusting Dollar Means for Web Junkies
     
    Veej, Jan 1, 2008 IP
  9. laffe

    laffe Active Member

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    #9
    Getting paid in Euro would be great. But not to many want to knowing that if they pay in usd its cheaper.
     
    laffe, Jan 1, 2008 IP