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Old 09-30-2003, 02:03 PM  
HarlotCash Dyker
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Join Date: Sep 2003
Location: At a whorehouse near you
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Quote:
Wow, instead of bitching, I'd be over there shorting the dollar like mad if I truly thought it was going to keep on dropping.
You are right - in a way- Kimmykim. Problem for most Euro webmasters is cash from (say) ccbill goes direct to bank accounts and is turned into local currency - An immediate loss.
All outgoings are usually in dollars - So this has to be bought, again, at a loss.
Presently, most webmasters are as much as 25% down on 18 months ago - If their budgets are tight, then this leaves little for dollar investments.
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