USD down 42% 2001-2011 against SEK.
 

Whats going on in the US of A?

In 2001 I got 10,95 swedish crowns for every 1 USD. Now I only getting 6,34.
So the USD is down 42% against the swedish crowns and that suck.

Will the USD be as strong as back in 2001 do you tink?:helpme

Will USA be the new Thailand?

Yea It's sucking major balls. It's like a income loss of 42% straight up.

Well, you should take a look at the programs in Europe (and paying in Euro).

SEK > EUR 2001 around 9,xxxx SEK = 1 EUR
SEK > EUR today 8,9295 SEK = 1 EUR

Buy gold! The dollar is going down...

Same shit up here in Canada, we used to get $1300-$1400 per $1,000 US now we're lucky to get $950.

USD is almost useless in Europe...

but to Europeans it is very good to go on holiday in the states now.. very cheap hotels .. good for shopping

This shows clearly why you should always try to have your major costs in the same currency as your main income. Because otherwise you take on a huge currency exchange risk.

Say you had a server in Sweden but income in USD and the server costed you 100 SEK per month (in 2001 say $10)

So now, your server still costs 100 SEK but you would now have to pay ~$15 since it's now at around 6 SEK per USD or something.

Clearly shows what risks are involved in doing cross border businesses. It can of course go the other way around too, so it's a game of ups and downs.

$1 USD is still $1 USD here :winkwink: