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Old 11-17-2004, 23:08 PM   #16 (permalink)
slippery_chimp
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Quote:
Originally Posted by Confed999
Exactly. Why would anyone go there, that didn't really really want to? No tourists, no tourist money. Make sense now?
ok I see what you mean, still, I doubt your average American would take into account exchange rates, I expect your average American wouldn’t even know which European countries use the Euro anyway. I wouldn’t, neither would I care.
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Old 11-17-2004, 23:32 PM   #17 (permalink)
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Originally Posted by Gio
So be smart and invest in the market, the market always outperforms inflation.
or even stick it in an NZ bank, 5 -6% and US dollar is dropping against Kiwi dollar. or australia 4-5%. in fact anywhere but the US. no insult intended.
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Old 11-17-2004, 23:41 PM   #18 (permalink)
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Originally Posted by slippery_chimp
ok I see what you mean, still, I doubt your average American would take into account exchange rates, I expect your average American wouldn’t even know which European countries use the Euro anyway. I wouldn’t, neither would I care.
You would know as soon as you went to book the hotel. If it's less expensive to go somewhere else, most people will. I don't think there are many unresearched, spur of the moment, trips to Europe from the US.
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Old 11-18-2004, 00:35 AM   #19 (permalink)
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Quote:
Originally Posted by slippery_chimp
ok I see what you mean, still, I doubt your average American would take into account exchange rates, I expect your average American wouldn’t even know which European countries use the Euro anyway. I wouldn’t, neither would I care.
You'll be pretty surprised, do you know the online volume sales in USA??
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Old 11-18-2004, 00:43 AM   #20 (permalink)
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or even stick it in an NZ bank, 5 -6% and US dollar is dropping against Kiwi dollar. or australia 4-5%. in fact anywhere but the US. no insult intended.

No kidding man! I have been considerin some Aussie bank! They are paying upto 6% out there these days! over here in the U.S. the economy has been so bad coupled with job losses in the tech sector! Very very soft economy!

I hate to say it but we are really fukked now ( economically) thanks to this Bush! Sons a biches will take us all to the cleaners!
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Old 11-18-2004, 01:07 AM   #21 (permalink)
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over here in the U.S. the economy has been so bad
??? Doing great here...
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Old 11-18-2004, 03:49 AM   #22 (permalink)
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Same here, California created more jobs since the tech boom last month. Our unemployment rate is down to 5.6% and dropping. Job gains were strong across the sectors and state. With the San Francisco Bay and the Silcon Valley reporting decent gains. I'm not quite sure what cleaners you're refering to..

Alas, you could always invest your money overseas, it is of course you. Of course John Kerry would have called you a Benidict Arnold, but screw principle. But you should really look into the market. It's hot right now, $7 billion poured into the NYSE last week. The market is celeberating Bush's victory, the housing market has done great, the economy added nearly 400,000 jobs last month, industrial production is up, etc. It's good times.
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Old 11-18-2004, 04:25 AM   #23 (permalink)
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hmm the market is already up, and I dont think/know whether its the right time for individual investors to play. Bush speculation was good for us...but its more of a risk.

I think it still makes more sense to diversify your portfolio let it be Australia or Antartica, its all good in capatalism, and even if we invest in Australia, how does Australia buy their oil, then missile boats and missiles and who gets the money in the end
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Old 11-18-2004, 04:37 AM   #24 (permalink)
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Especially since the new US-Aus free trade agreement will lift protections on American takeover of Australian industries. =) All investment is good investment. Unless of course you lose on it. :p
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