50 replies to this topic

[Philsan]

high voltage, on Sat May 26, 2012 4:56 AM, said:

Anyhow, USA bust, Europe bust, how come they're saying , Germany the financial powerhouse?

Any country which isn't bankrupt?

Switzerland. But we are part of Europe and part of world too.
If world busts, we'll have big problems too.

[Heaven/TQA]

Irata

[high voltage]

Ahh the famous M.U.L.E., I made some good fortune there.

[Fred_M]

WizWor, on Fri May 25, 2012 1:53 PM, said:

Two questions for people selling Euro priced Atari devices...

1) Have/will you adjust your prices (i.e, is this euro-inflation)?
2) Does this impact your bottom line?

If the answers to 1 and 2 are no, why aren't you guys shouting about this on AA?

1) No
2) No

My webshop offers only items I have bought in Europe, so the prices I pay for the items are not increased. It is just that simple.

[Tezz]

Am I the only one disgusted by some sentiments expressed in this thread? Entire nations across Europe, millions of people in dire straits and you're getting excited about the big savings your going to make out of the misery? Good god.

Edited by Tezz, Sat May 26, 2012 1:01 PM.

[Larry]

Yes, I agree.  And not only that, this thread has the potential to turn really ugly based on individual political and economic sentiments. There are even forums here at AA where this kind of discussion can made, but I don't think it is appropriate here in the A8 section.

-Larry

[orpheuswaking]

It does have that potential yes, however the initial question is valid.

If the seller only accepts Euros then no it wouldn't affect them at all, the onus is always on the buyer in this case to cover any fluctuations +/- in the exchange rate.

HOWEVER if the seller also accepts $ currency (or whatever the non Euro currency is) they could lose money on the transaction.

[Larry]

Is that a bit like the "C64 vs. Atari" threads that usually start innocuously before taking ugly detours?

[Almost Rice]

As a net exporter to Europe, I hate the change in exchange rate.  Our items were more affordable for our European buyers last summer.  Now that they are ready to reorder, I had to give some on the price in order to get them closer to last year's prices.  Lets just hope for a reorder.


I answered the OP's question and have not added any political commentary, as politics are not allowed on this forum.

[MEtalGuy66]

Well, where I work, we sell cars.. Ive worked there for almost 12 years.. The place has been in business since 1948 and has over 100 employees...  Last month, we grossed higher profits than we EVER have before (over $800,000.00US profit).. We have a fairly remote location (about 40 miles outside of the city).. There are 40-50 other car dealers that are closer to houston than we are, have a much bigger advertising budget, and have much "higher profile" people working in their sales departments.  

Yeah the government is a bunch of crooks.. What's new?  Yeah the price of GAS & FOOD is up (a big part of this is the deflation of the dollar, I guess)...  But really.. heh...  Things aren't BAD.. At all..

I think the attitude of the public is by far the biggest problem we face in the US. We have a large percentage of "whining assed bitches" who have grown up with the idea that they are somehow magically entittled to a certain standard of living, regardless of what happens, what the value of their particular career production is worth in the modern world economy, or what kind of piss-poor life decisions they have made.. The government is (and has always been) essentially a bunch of career crooks who run a popularity contest to get reelected. They will vote-whore to these people and make all kinds of promises that they know are totally unfounded in reality.. Again.. What's new?

What is concrete and black & white is that the free market built this place.. It's the source of every bit of prosperity that exists.  Don't like your level of prosperity? Market yourself better.. Cant market what you've got?  Change your products/services to some that are more marketable..

Or dont.. Continue to whine about it.. You won't be taken seriously by anyone other than the sheep who are being herded and mesmerized by the huge "puppet show" or "soap opera" being orchestrated by the politicians and media..

[WizWor]

Almost Rice, on Tue May 29, 2012 8:45 AM, said:

As a net exporter to Europe, I hate the change in exchange rate.  Our items were more affordable for our European buyers last summer.  Now that they are ready to reorder, I had to give some on the price in order to get them closer to last year's prices.  Lets just hope for a reorder.


I answered the OP's question and have not added any political commentary, as politics are not allowed on this forum.

thank you

[SIO99]

I feel I need to point out to everyone what's really happening with finances in the World today. You need to understand a few basic concepts. Money is worthless and soon will be officially declared worthless. Money was a good idea in the beginning, but nowadays it's become totally corrupted, due to charging interest, which used to be called usury. According to ancient Jewish law, which was copied by early Christians, it is a big sin to lend money and charge interest. You'll find it mentioned in every version of the Bible, sometimes called usury, and sometimes called interest. Do a search on http://www.biblestudytools.com  . The penalty for doing this was sometimes execution. Some other important points are explained in the films "Money As Debt" and "Money As Debt 2", which you can watch on YouTube. An important TV series was "The Assent of Money" http://www.forbidden...t-of-money.html , where a money worshipping moron tries to convince viewers that money is a good thing, but in the process totally gives the game away, proving that it's actually worthless. As he's Scottish, he's probably Presbyterian, which is based on the teachings of John Calvin, who was one of the people who attacked the anti usury doctrine, saying it had no place in the World of his day. (Note to any Presbyterians or Calvinists reading this. It's nothing personal). He, as well as the de Medici Popes, and King Henry VIII are responsible for the mess we're in today.  For an alternative system, read the book "Life After Capitalism", which is available free online. At this moment, I've got a few Kilos of rice in a kitchen cupboard, so in theory I could issue banknotes promising to pay the bearer on demand the sum of a certain amount of rice, so long as the total sum of these banknotes doesn't exceed the amount of rice I've got. I plan to buy another 5Kg bag of rice soon, before money is declared worthless. These banknotes would be worth more than any amount of notes in any exchangeable currency, because the banks who issue these notes have nothing of any value to back them up with. Some people think they can exchange their notes for gold, but this system was abolished by President Nixon. Nowadays, banks and governments try to back up their currencies with Government bonds, but these are just worthless IOUs. I'd love to buy an SIO2SD, but I seem to be totally destitute now, so I won't be able to afford it until after money has been declared worthless. After this, I'm sure I could pay either in rice, shells, or something else.

Edited by SIO99, Fri Jun 1, 2012 8:16 AM.

[snicklin]

MEtalGuy66, on Wed May 30, 2012 9:29 PM, said:

The government is (and has always been) essentially a ...

SIO99, on Fri Jun 1, 2012 8:06 AM, said:

According to ancient Jewish law, which was copied by early Christians...

Politics and religion, oh dear, not on here!  .... And I used to be a politician and used to have a religion...

[Mathy]

Hello guys

It seems that somebody has encountered the laws of gravity.  While doing so, or better yet, rather at the end of it, and according to the laws of chance, as well as the laws of the established Mr. Murphy, this person probably encountered a hard object with, what according to the laws of biology, is usually the highest point of his or her body.  This, according to the laws of physics, resulting in physical damage to said part of the body.  Which might, according to the laws of psychology, and having read the above, the laws of probability, have caused some (major) damage to the persons psyche.

Mathy

[snicklin]

And we all know what the laws of physics add up to. Nothing.

[atari8warez]

high voltage, on Sat May 26, 2012 4:56 AM, said:

Anyhow, USA bust, Europe bust, how come they're saying , Germany the financial powerhouse?

Any country which isn't bankrupt?

Canada.....

From CIA - The world Factbook:
" Canada enjoyed solid economic growth from 1993 through 2007. Buffeted by the global economic crisis, the economy dropped into a sharp recession in the final months of 2008, and Ottawa posted its first fiscal deficit in 2009 after 12 years of surplus. Canada's major banks, however, emerged from the financial crisis of 2008-09 among the strongest in the world, owing to the financial sector's tradition of conservative lending practices and strong capitalization. Canada achieved marginal growth in 2010 and 2011 and plans to balance the budget by 2015. In addition, the country's petroleum sector is rapidly becoming an even larger economic driver with Alberta's oil sands significantly boosting Canada's proven oil reserves, ranking the country third in the world behind Saudi Arabia and Venezuela."

[svenski]

The Euro model has always been slightly flawed with interest rates set by the ECB which largely tend to have been driven by economic performance in Germany and France. Spain is in deep trouble now but the Spanish (and all the meditteranean) German economies  have always been worlds apart and that is the real problem. We're talking major differences in the way of doing business, culture and politics and until you address these fundamental differences you're always going to have problems in my opinion.

If the Euro currency collapses and everyone reverts back to what they had before then Germany could find its exports become expensive overnight, so you could argue Germany has the most to lose if this happens. Having said that, we're all going to suffer some pain if the Euro goes down the toilet.

[MEtalGuy66]

atari8warez, on Mon Jun 4, 2012 12:58 AM, said:

high voltage, on Sat May 26, 2012 4:56 AM, said:

Anyhow, USA bust, Europe bust, how come they're saying , Germany the financial powerhouse?

Any country which isn't bankrupt?

Canada.....

From CIA - The world Factbook:
" Canada enjoyed solid economic growth from 1993 through 2007. Buffeted by the global economic crisis, the economy dropped into a sharp recession in the final months of 2008, and Ottawa posted its first fiscal deficit in 2009 after 12 years of surplus. Canada's major banks, however, emerged from the financial crisis of 2008-09 among the strongest in the world, owing to the financial sector's tradition of conservative lending practices and strong capitalization. Canada achieved marginal growth in 2010 and 2011 and plans to balance the budget by 2015. In addition, the country's petroleum sector is rapidly becoming an even larger economic driver with Alberta's oil sands significantly boosting Canada's proven oil reserves, ranking the country third in the world behind Saudi Arabia and Venezuela."

Yeah. heh. Keep drinkin that coolaid..

[atari8warez]

MEtalGuy66, on Mon Jun 4, 2012 9:30 AM, said:

atari8warez, on Mon Jun 4, 2012 12:58 AM, said:

high voltage, on Sat May 26, 2012 4:56 AM, said:

Anyhow, USA bust, Europe bust, how come they're saying , Germany the financial powerhouse?

Any country which isn't bankrupt?

Canada.....

From CIA - The world Factbook:
" Canada enjoyed solid economic growth from 1993 through 2007. Buffeted by the global economic crisis, the economy dropped into a sharp recession in the final months of 2008, and Ottawa posted its first fiscal deficit in 2009 after 12 years of surplus. Canada's major banks, however, emerged from the financial crisis of 2008-09 among the strongest in the world, owing to the financial sector's tradition of conservative lending practices and strong capitalization. Canada achieved marginal growth in 2010 and 2011 and plans to balance the budget by 2015. In addition, the country's petroleum sector is rapidly becoming an even larger economic driver with Alberta's oil sands significantly boosting Canada's proven oil reserves, ranking the country third in the world behind Saudi Arabia and Venezuela."

Yeah. heh. Keep drinkin that coolaid..

Is it an American specialty not to believe a word of what's your gvmnt is saying, or is it just you MG......

[sh3-rg]

orpheuswaking, on Fri May 25, 2012 8:23 PM, said:

it's about $1 to 1.56 GBP

It's the other way around.

[atari8warez]

MEtalGuy66, on Wed May 30, 2012 9:29 PM, said:

The government is (and has always been) essentially a bunch of career crooks who run a popularity contest to get reelected. They will vote-whore to these people and make all kinds of promises that they know are totally unfounded in reality.. Again.. What's new?

Given the fact that you (the US people) who elect gvmnt officials why complain about them being crooks. You better make up your mind and stop calling gvmnts who "think about their people i.e - socially concious --" commies or start trusting the officials you personally elect. If neither works then there is something wrong with the mindset.

[Tickled_Pink]

Let's face it, the Euro was always heading for the rocky edge of disaster. It was always a bad idea, especially considering how low the threshold for entry seemed to be ... But then it doesn't help when a country with one of the weakest economies in Europe got in because their government cooked the books. *head slap*

Something would have triggered some kind of crisis in the Eurozone. If not the banks, then something else.

It's causing problems in the UK as well since the Eurozone is our main trading partner. There was even a poll last week that suggests that most people in the UK now want us to pull out of the EU altogether. It's just costing us too much money to be in it for seemingly little in return.

Apart from that, though, a weak Euro will make it cheaper to buy Atari-related stuff from people like Lotharek

[high voltage]

Since the illegal invasion of Iraq UK has no monies anymore til doomsday.

[Mathy]

Hello guys

The euro was and still is a good idea.  In a world were 7 billion people live, and the upcoming economies (Brazil, Russia, India and China) make up about half of those 7 billion people, small countries like those in Europe need to have a common currency.

Problem is, the execution of the idea was left to people who have to be popular to be reelected.  Which leads to them being short-sighted.

Mathy

[Tickled_Pink]

Mathy, on Mon Jun 18, 2012 5:26 PM, said:

Hello guys

The euro was and still is a good idea.  In a world were 7 billion people live, and the upcoming economies (Brazil, Russia, India and China) make up about half of those 7 billion people, small countries like those in Europe need to have a common currency.

Problem is, the execution of the idea was left to people who have to be popular to be reelected.  Which leads to them being short-sighted.

Mathy

The idea of having a single currency isn't a bad one but the different economies throughout Europe certainly did. It's what people, particularly in the UK, were warning about from the outset. As we've seen, if one country's economy starts to fall behind the others, it'll drag the other members down with it.

It's not just been countries with traditionally weak economies, like Greece, that have been causing problems for the Euro. Ireland had a pretty strong one but even it's since needed a bailout.