Registered: Apr 2002
Location: Argentina, Buenos Aires, Vicente Lopez
Posts: 46

Argentina domino effects: the crisis of Argentina affected all the surrounding countries, even Uruguay!. (Before considered like the southern Sweedland)
Dolar prices: We need of the dolar augment to revalorize our products. Before, everything was just imported.
Are we getting out or deeper of the hole: What do you think, i think we are getting out this crisis. We will revive. I hope so.

Did the Argentina's crisis affected in some way USA?

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Registered: Jun 2002
Location: Humid, TX
Posts: 250

Wow.....now here's a different topic!

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Registered: Jul 2000
Location: The Cold Northland!
Posts: 8392

Artificially boosting monetary values to that of the American dollar was what I'd consider, financial suicide. I don't know alot about how all this market stuff works...but I do know that doing that was not a good idea and that a downfall was in the works.

Time to try and find a new way to deal with it. I'm not sure of the resource base, but in Canada, the undervalued Canadian Dollar (about 64 cents to 1.00 US dollar I think the last time I checked) works in our favour for tourism, and export markets to the US.

Not sure if it would work the same way down there...but there has to be options available.

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- IceFire
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Registered: Dec 2000
Location: Jerusalem, Israel
Posts: 928

quote:

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Originally posted by IceFire
...the undervalued Canadian Dollar (about 64 cents to 1.00 use dollar I think the last time I checked)...

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0.64 Canadian to 1.00 USD? Who taught you math?

It's the other way around, bro: $0.64 USD to $1 Canadian.

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Registered: Jul 2000
Location: The Cold Northland!
Posts: 8392

I know my Math is horribly horribly weak...I freely admit that. But I don't see my error.

The news each night....Canadian Dollar is down to 64 (.25354545 whatever) cents to the American Dollar. So...I need to pay about what...$1.36 Canadian to equal the US dollar. Oui?

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- IceFire
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Registered: Apr 2001
Location: The center of nowhere (FL)
Posts: 133

Or you can pay the 30 mins it takes a ferry to get your GOD DAMNED CAR OVER THERE AND BACK TO TRY..


I want my 30 minutes of life back.

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