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US Dollar gaining vs. Korean Won?! Bad news if you're in Kr!

 
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PatrickM



Joined: 15 Mar 2009

PostPosted: Thu Jun 25, 2009 1:25 am    Post subject: US Dollar gaining vs. Korean Won?! Bad news if you're in Kr! Reply with quote

Okay so this guy at my work says to me, "The US Dollar is gaining strength vs. the Won and will continue to do so over the course of the next few years." Well, he didn't EGG ZACHARY say that, because he can't speak English that well!

BTW - this is the same guy who lost ALL of his money and went COMPLETELY bankrupt a few years ago and lost everything his wife & kids had. Now he's trying to give financial advice to everyone. Typical Korean "let's try to teach everyone something when it's obvious that I'm a moron" attitude.

Anyway... has anyone heard this? Is it true? Are we going to lose more money? It's currently at 1,279 won or something per USD. I want it to get better for ME. Sorry to say that (folks back home) but I've got to keep it real.


Last edited by PatrickM on Thu Jun 25, 2009 1:30 am; edited 1 time in total
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Clockout



Joined: 23 Feb 2009

PostPosted: Thu Jun 25, 2009 1:29 am    Post subject: Reply with quote

wait a second

the won is weak against the dollar?
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phoneboothface



Joined: 26 Apr 2009
Location: Korea

PostPosted: Thu Jun 25, 2009 1:34 am    Post subject: Reply with quote

http://forums.eslcafe.com/korea/viewtopic.php?t=135323&start=1455

You and grunden should swap ideas about what to do with your millions.
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PatrickM



Joined: 15 Mar 2009

PostPosted: Thu Jun 25, 2009 1:45 am    Post subject: Reply with quote

phoneboothface wrote:
http://forums.eslcafe.com/korea/viewtopic.php?t=135323&start=1455

You and grunden should swap ideas about what to do with your millions.


Oh. Thanks. Delete this thread.
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TheUrbanMyth



Joined: 28 Jan 2003
Location: Retired

PostPosted: Thu Jun 25, 2009 7:25 am    Post subject: Re: US Dollar gaining vs. Korean Won?! Bad news if you're in Reply with quote

PatrickM wrote:

Anyway... has anyone heard this? Is it true? Are we going to lose more money? It's currently at 1,279 won or something per USD. I want it to get better for ME. Sorry to say that (folks back home) but I've got to keep it real.



The only way you would really lose money by being over here, would be if you had a better paying job back home. There's not much point in calculating your money in terms of the currency back home...if you're not back home.


Even with student loans, you have to ask yourself...which country allows me to pay them off faster? Since you are here the answer is fairly obvious.
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