for what it’s worth
I work for a Canadian company that does a lot of business internationally. While a lot of the money brought in is either European or Asian, the bulk of our clients still remain in the US.
This used to be a good thing, until the US dollar just started to drop , oddly enough in conjunction with the Iraq war. Now economists will tell you, that war generally can be a good thing for the nations economy…triggers spending, results in higher GDP … apparently, not this time. Now there is so much irony in this concept, I can’t possibly begin to make fun of it enough here.
Take a looksie at this fun graph. Now I know you can’t really see all the detail, like date and time and specific unit score markers… but really the thing is that they all point down in value.
Anyhow, before the major value shift of the US dollar, buying our software in non-Canadian currency was a good thing. We got more value out of it, as our company is based in Canada.
I always hear stories of people traveling to parts of the world with US cash “back in the day”, and it was as if US tourists were of alien descent, trying to share their advanced technologies in a place where things were obviously dumbed down.
“you mean, you can get HOW many cheeseburgers back home for the same amount?”
“I swear, I think one pair of Levi’s can make a down payment for a condo in this shit for country.”
Now that those days have changed, I sorta wonder how we’re handling ourself when we travel. Every 5 or 6 months SNL does a funny skit, I think this is a good one for this post. I mean … what’s the American dollar but a washed out past celebrity anyhow?
[youtube 4jI4xI6gf3E]
