Site Search:
 
Speak Korean Now!
Teach English Abroad and Get Paid to see the World!
Korean Job Discussion Forums Forum Index Korean Job Discussion Forums
"The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

The won is plummeting today
Goto page Previous  1, 2, 3 ... 21, 22, 23 ... 104, 105, 106  Next
 
Post new topic   Reply to topic    Korean Job Discussion Forums Forum Index -> General Discussion Forum
View previous topic :: View next topic  
Author Message
Trevor



Joined: 16 Nov 2005

PostPosted: Tue Oct 14, 2008 5:29 am    Post subject: Reply with quote

Wouldn't that be ashame -- if the world's economy started focusing on windmills and solar panels instead of SUV's.

Ukon wrote:
Trevor wrote:
You're right. Anyone with a degree and a clean BRC can be a financial adviser, and if you look at my post I didn't make any claims to be a big kahuna. It's a sales job for the most part, and a damned dreary one.

As for finding someone else to sell to...well...clearly if the U.S. economy dried up and no longer created such demand, growing economies elsewhere would slowly turn their attention to other, different prospects. In the long run, the environment would be better off.

Gotta run to class. I'll select some of the best bait from the pack when I get back, but it better be tasty, boys. And I mean TASTY.

Ukon wrote:
Got any proof to back that assertion....and saying your a financial adviser doesn't mean jack squat....I've heard enough stories of freaky waegooks who claim to be former big shots from home....we were all dragging in 320k back home and famous tv actors Wink

Money just doesn't disappear bub...if the market in the USA sucks, they'll just sell elsewhere...factories won't close down unless they're building another one elsewhere.

If your a financial adviser, I think I know why wall street is having so many problems....they must let anyone get a degree in Finance these days....


By different, better prospects I hope you mean solar panels, windmills,and "green" products.....instead of what will likely be consumers products because the damn factories are already configured for those purposes....
Back to top
View user's profile Send private message
rusty1983



Joined: 30 Jan 2007

PostPosted: Tue Oct 14, 2008 3:48 pm    Post subject: Reply with quote

bassexpander wrote:
livinginkunsan wrote:
bassexpander wrote:
Let me guess... another Canadian debt runner who can't get a job back home, and blames the USA for all of their ills, while earning a wage in a country the US supports with its economy?


They are the worst kind of people. Who is the poster on here who brags about it? I can never remember.


I was just giving him crap.


Ooooooo look at me Ive got a podcast!!!!! Ha ha ha
Back to top
View user's profile Send private message
afsjesse



Joined: 23 Sep 2007
Location: Kickin' it in 'Kato town.

PostPosted: Tue Oct 14, 2008 3:49 pm    Post subject: Reply with quote

Sad I miss the Podcasts Sad PLEASEEEEEEEEEEEEE do more!
Back to top
View user's profile Send private message
rusty1983



Joined: 30 Jan 2007

PostPosted: Tue Oct 14, 2008 3:56 pm    Post subject: Reply with quote

Trevor wrote:
Not even close, in terms of guessing my true identity. I'm American, and before teaching I was a financial adviser with Morgan Stanley in San Francisco.
Wink

As for my idea being half-stated -- I don't think Dave's is the appropriate forum for a full-fledged economic manifesto, but the kernel of my idea is salient: The world would, in the long run, be better off (environmentally at least) without cowtowing to the American economy.

'nuff said. Wink
.

bassexpander wrote:
Trevor wrote:
Okay, then what's your idea for an environmentally sustainable global economy? My idea is to pare down the influence of the greenback. Got a better one?

Ukon wrote:
Trevor wrote:
Add me to the list. The death of the U.S. dollar would would have a devastating effect on the world economy in the short term. Then, slowly, the world would recalibrate and hopefully pursue more environmentally sustainable trade policies.

Not trying to be a Greenie-treehugger here, but the fact is, the worlds' economies have got to begin behaving in a way that pays more attention to environmentally sustainable growth. The death of the U.S. dollar would help, in the long run. Many countries are ruining their environments in order to produce goods to sell to the U.S.. If they stoppped, the world would be a better place.

And that's what I have to say about that.

bassexpander wrote:
<-- Starting to feel like there are a group of people on Dave's who are filled with an obsessed hope for the death of the US dollar.


That makes no sense! If the US dollar was destroyed, they'd just sell to Europe or themselves to make up the difference....infact, it would be environmentally catastrophic because there is less concern for the environment in those countries compared to western ones....you better believe companies that produce products to sell exclusively to Chinese citizens are probably the biggest polluters and worst sweatshops because nobody is breathing down their necks about public images problems...



Your idea is barely half-stated. Don't try to put others on the spot when you haven't even finished telling us what you propose.

Let me guess... another Canadian debt runner who can't get a job back home, and blames the USA for all of their ills, while earning a wage in a country the US supports with its economy?


Do you have your own podcast though?

Nuff said
Back to top
View user's profile Send private message
bassexpander



Joined: 13 Sep 2007
Location: Someplace you'd rather be.

PostPosted: Tue Oct 14, 2008 4:54 pm    Post subject: Reply with quote

Sorry... taking a break from podcasts. Am so buried in 20 hours of class plus my MA/TESOL stuff, I'm barely able to keep up. My prof. this semester is freaking insane. This week alone, we have a 6 page reflection paper/book report, two different internet postings (about a page each) and responses to responses, over a chapter of readings, and a final -- all due Sunday. Then I start the next class with him two days later, only he isn't giving us a break. He actually assigns homework BEFORE the start of class. It's in his syllabus! I've never had a prof. that assigned homework due BEFORE the class date actually begins.
Back to top
View user's profile Send private message Visit poster's website
CA-NA-DA-ABC



Joined: 20 Jun 2006

PostPosted: Tue Oct 14, 2008 5:01 pm    Post subject: Reply with quote

1 CAD = 1041 KRW

go on your bank runs now.
Back to top
View user's profile Send private message
marlow



Joined: 06 Feb 2005

PostPosted: Tue Oct 14, 2008 5:10 pm    Post subject: Reply with quote

I'm curious about how the Canadian election results will affect the CAD vs the USD. If the CAD falls, then it will also fall against the won. It fell yesterday over commodities or something, and I'm hoping a minority gov't hits it again. Of course, the won has to do well against the American dollar today and tomorrow to make things work. Ahhh!
Back to top
View user's profile Send private message
CA-NA-DA-ABC



Joined: 20 Jun 2006

PostPosted: Tue Oct 14, 2008 5:21 pm    Post subject: Reply with quote

I thought the CAD was tied most closely to commodity prices, because Canada is a significant commodity exporting nation.
Back to top
View user's profile Send private message
marlow



Joined: 06 Feb 2005

PostPosted: Tue Oct 14, 2008 5:33 pm    Post subject: Reply with quote

CA-NA-DA-ABC wrote:
I thought the CAD was tied most closely to commodity prices, because Canada is a significant commodity exporting nation.


Yeah. I think an iffy election might have an effect, though.

But, the won is down 4% right now against the $US.
Back to top
View user's profile Send private message
JFuller317



Joined: 10 Oct 2008

PostPosted: Tue Oct 14, 2008 6:56 pm    Post subject: Reply with quote

F*ck! I thought we would get the won back into the 1100's today, but instead we're regressing.
Back to top
View user's profile Send private message Send e-mail
gangpae



Joined: 03 Sep 2007
Location: Busan

PostPosted: Tue Oct 14, 2008 8:40 pm    Post subject: Reply with quote

Have no fear a weak US dollar is coming. The present surge in value is short term and driven by demand for US dollars for various bail out packages. If you have US dollars you should be buying Won.
Back to top
View user's profile Send private message
Eedoryeong



Joined: 10 Dec 2007
Location: Jeju

PostPosted: Tue Oct 14, 2008 8:47 pm    Post subject: Reply with quote

I hope I'm not promoting some kind of dumb superstition-witchcraft approach to trading, but...

is there any constant truth to what I've noticed yesterday and today in that the Won exchange to buying Canadian dollars seems to be more favorable to foreigners in the morning than at lunchtime? I wonder.

Any gurus can comment on that?
Back to top
View user's profile Send private message
Quack Addict



Joined: 31 Mar 2008
Location: Seoul

PostPosted: Tue Oct 14, 2008 9:22 pm    Post subject: Reply with quote

Quote:
That blows big wanking donkey winkies


lmao
Back to top
View user's profile Send private message
bassexpander



Joined: 13 Sep 2007
Location: Someplace you'd rather be.

PostPosted: Tue Oct 14, 2008 9:29 pm    Post subject: Reply with quote

gangpae wrote:
Have no fear a weak US dollar is coming. The present surge in value is short term and driven by demand for US dollars for various bail out packages. If you have US dollars you should be buying Won.


No... if that happens, you won't want to be in won (unless you're a long-termer here). When the dollar sucks because of economy issues, the won tanks. Look at last week for an example. This is because Americans use their fun money to buy Korean products. When the economy goes bad, Americans hole-up, go into emergency shock mode, and stop buying Korean-type imports because they're not necessary items.

You should see people back home in the US. I've heard some talking about canning vegetables again! Laughing

You'd think they're in an end-of-the-earth movie by the way some of them talk. This is why gas is dropping, too. People stop extra travel.
Back to top
View user's profile Send private message Visit poster's website
Trevor



Joined: 16 Nov 2005

PostPosted: Wed Oct 15, 2008 12:22 am    Post subject: Reply with quote

No but when you are as buff and fly as I am, who needs a podcast? Rolling Eyes

rusty1983 wrote:
Trevor wrote:
Not even close, in terms of guessing my true identity. I'm American, and before teaching I was a financial adviser with Morgan Stanley in San Francisco.
Wink

As for my idea being half-stated -- I don't think Dave's is the appropriate forum for a full-fledged economic manifesto, but the kernel of my idea is salient: The world would, in the long run, be better off (environmentally at least) without cowtowing to the American economy.

'nuff said. Wink
.

bassexpander wrote:
Trevor wrote:
Okay, then what's your idea for an environmentally sustainable global economy? My idea is to pare down the influence of the greenback. Got a better one?

Ukon wrote:
Trevor wrote:
Add me to the list. The death of the U.S. dollar would would have a devastating effect on the world economy in the short term. Then, slowly, the world would recalibrate and hopefully pursue more environmentally sustainable trade policies.

Not trying to be a Greenie-treehugger here, but the fact is, the worlds' economies have got to begin behaving in a way that pays more attention to environmentally sustainable growth. The death of the U.S. dollar would help, in the long run. Many countries are ruining their environments in order to produce goods to sell to the U.S.. If they stoppped, the world would be a better place.

And that's what I have to say about that.

bassexpander wrote:
<-- Starting to feel like there are a group of people on Dave's who are filled with an obsessed hope for the death of the US dollar.


That makes no sense! If the US dollar was destroyed, they'd just sell to Europe or themselves to make up the difference....infact, it would be environmentally catastrophic because there is less concern for the environment in those countries compared to western ones....you better believe companies that produce products to sell exclusively to Chinese citizens are probably the biggest polluters and worst sweatshops because nobody is breathing down their necks about public images problems...



Your idea is barely half-stated. Don't try to put others on the spot when you haven't even finished telling us what you propose.

Let me guess... another Canadian debt runner who can't get a job back home, and blames the USA for all of their ills, while earning a wage in a country the US supports with its economy?


Do you have your own podcast though?

Nuff said
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    Korean Job Discussion Forums Forum Index -> General Discussion Forum All times are GMT - 8 Hours
Goto page Previous  1, 2, 3 ... 21, 22, 23 ... 104, 105, 106  Next
Page 22 of 106

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


This page is maintained by the one and only Dave Sperling.
Contact Dave's ESL Cafe
Copyright © 2018 Dave Sperling. All Rights Reserved.

Powered by phpBB © 2001, 2002 phpBB Group

TEFL International Supports Dave's ESL Cafe
TEFL Courses, TESOL Course, English Teaching Jobs - TEFL International