oh so it's not just america that's getting economically f*cked right now?Red Squirrel wrote: This sounds like one of those scams, but it's not.
Our dollar did a face plant today. So I transferred like 4 grand worth of US funds into my bank, and made money off the exchange rate. At the time that money was transferred our dollar was par with US dollar.
I'll continue monitoring the rates. This financial crisis is actually kind of exciting.
It's actually kind of scary that as a country we can't sustain ourselves without depending on others' economy though. If China raised prices, people would stop buying from them. And both sides would take a beating from it.Red Squirrel wrote: Hmm interesting article.
Our reliance on china is actually a very dangerous thing. In fact China could become the richest country quite easily if they arn't already. They just need to suddently jack up all prices. Though they should concentrate on actually paying their employees decent waiges... I find it terrible that slavery is still present in today's world, and we actually support it indirectly. Yes, paying someone 10 cents per day is slavery imo.
And yeah adoption of open source would be a good one for sure.
Reaper wrote: I hear from CNN this is a good time for young people to buy stocks.
Yeah true. Though imo our governments (US and Canada) need to do something about this china thing. It's very bad when it cost less to have items made across the world and shipped, then to make them here, when we DO have the resources. Like I like to use pencils as an example. Here in Canada we have a pretty strong lumber and mining industry. So making a pencil should not be very hard right? But we still get china to make them.Reaper wrote:If China raised prices, people would stop buying from them. And both sides would take a beating from it.Red Squirrel wrote: Hmm interesting article.
Our reliance on china is actually a very dangerous thing. In fact China could become the richest country quite easily if they arn't already. They just need to suddently jack up all prices. Though they should concentrate on actually paying their employees decent waiges... I find it terrible that slavery is still present in today's world, and we actually support it indirectly. Yes, paying someone 10 cents per day is slavery imo.
And yeah adoption of open source would be a good one for sure.
Pencils. It’s always a good time for young people to start a (Roth) IRA and buy index funds – after they’ve paid down their debts and saved enough in a savings account for emergency expenses.Reaper wrote: I hear from CNN this is a good time for young people to buy stocks.
Aren’t you saving that for a house? If you plan on spending the money in the next few years, I wouldn’t put it in the stock market.Red Squirrel wrote: I got like 20k that I should probably be investing more, actually. I've invested some of it such as putting in a "high interest savings account" but I mean, its still like only 5% interest or something like that, nothing insane.
) when the economy collapses, my friends and I are planning to rob this gun store and take all the guns.Chris Vogel wrote: I, for one, can’t wait for our economy to collapse, because then everyone will use Linux (when they have electricity). Oh happy day!
That is very true. I know atheists that are like that, and I know atheists that aren't. They can be just as bad or good as anyone with any kind of belief.Stasi wrote: Some atheists sure handle themselves like just another self-righteous, all-knowing cult, which through them is the only path to "enlightenment".
