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Re: [world-cruising] Declining value of the USD & effects on cruising?

From: larry whitesell (no email)
Date: Mon Dec 13 2004 - 14:34:11 EST

  • Next message: lynn stone: "RE: [world-cruising] Declining value of the USD & effects on cruising?"

    All of the currency exchange problems are a manipulated crisis designed to push us into a global cashless system of some kind. Hegalian dialectic - Problem, reaction, solution .
    Courtney Thomas <> wrote:Lynn,

    I thought that what, in my opinion, was the gross mismanagement by the
    U.S. government of the economy, given the indulgent U.S. culture, and
    other things...that the foregoing would lead to the current currency
    mess, and possibly crisis to be. I definitely think there's the
    probability that the U.S. is on the verge of losing it's past advantage,
    due to abuse, of being the world's reserve currency.

    So, I bought a waterfront house + acres in Canada last year. I might add
    that there was, at that time, what seemed to me, a feeding frenzy of
    real estate purchasing in Cape Breton, NS, where I bought. Part, but not
    all, of this was due to the good value vis-a-vis U.S. waterfront
    property, but European purchases were also much in evidence. I
    considered, actively, the entire eastern seaboard, but finally decided I
    also wanted the diversity of a foreign investment given what was going
    on in the U.S..

    As far as weather, my property's location, is in the same climate zone
    as W.Va.. There are two narrow strips, along coastal eastern and western
    Canada, that have mild climates, relative to the Canadian interior.

    The Canadian government is currently a model of fiscal probity and the
    CDN$ reflects this via-a-vis the US$ and their relative exchange
    movement recently.

    The point ? There are ways to insulate your financial well being from
    the powers that be in the U.S., especially if you're <50. I have merely
    shown you one. If you're <50, you have plenty of time to figure out
    strategies and deploy them. If it's wise to diversify your investments
    within the U.S., ala mutual funds, then why is it not wiser yet to
    diversify even more, i.e. outside the U.S. as well.

    I assume it unnecessary to expatiate on how all this relates to your
    initial query.

    Sincerely,
    Courtney

    lynn stone wrote:

    > This last weekend I think I heard that the USD is now
    > converting at the rate of $2.00USD to 1 Pound and
    > $1.40USD to 1 Euro. It wasn't so very long ago that
    > the Euro cost $.86USD when it came into being (as I
    > remember) and the Pound was about $1.50USD. People in
    > the US are no longer said to be going to Europe or
    > buying goods from there as they once were (unless they
    > are independently wealthy). I can only think that the
    > rapidly declining USD is also having a similar effect
    > in the Carribean, Central America, South America, the
    > South Pacific, and just about every other place in the
    > world.
    >
    > Certaily _not_ everyone on this list is U.S. american
    > and certainly some of you U.S. americans are cruising
    > in other parts of the world than the U.S. My question
    > is: how has/is the rapidly decling USD effected(ing)
    > your cruise and cruising plans? How are you coping?
    > Only anchoring and just taking in those
    > businesses/sights immediately available on shore or
    > what?
    >
    > Another question is: where can USD wielding cruisers
    > cruise without being independently wealthy? Also, some
    > of you may be U.S. citizens who are living outside the
    > U.S. due to work or retirement reasons. How does the
    > rate effect you and how are you coping?
    >
    > Still another question is: for those out cruising
    > under a U.S. flag, have you found any problems
    > clearing into or out of other countries given the
    > current state of the world and how our government is
    > perceived in many places in the world?
    >
    > Anyone have a "crystal ball" and have some idea of
    > when the decline will end and start to reverse?
    > Failing that, anyone know how we in the U.S. can get
    > meaningful, well paying work in Europe, etc. where we
    > can afford to cruise? Anyone out there thinking of or
    > have immigrated to another country from the U.S.
    > either as a "resident alien" or actually taking out
    > citizenship? I hear that Canada is giving classes in
    > various places in the U.S. toward that end but I find
    > it difficult to think about going to a land of snow
    > and ice much of the year. And, for those of middle to
    > somewhat greater age, how does that effect moving to
    > another country? I've heard, for example, that
    > Australia doesn't allow people to move there if you
    > are over about age 54.
    >
    > I'm serious here. The state of the USD seems to be
    > putting an end to all our plans for our "golden years"
    > and we're not taking it lightly. These questions may
    > have all have been asked and answered in the past but
    > with the changing situations, perhaps there are better
    > answers now or perhaps they have not been asked at all
    > before? Or perhaps I didn't pay any attention since I
    > didn't recognize that it was having an effect on me
    > and mine.
    >
    > TIA for all your answers. Where can we go?
    >
    >
    > =====
    > Lynn
    >
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    -- 
    s/v Mutiny
    Rhodes Bounty II
    lying Oriental, NC
    WDB5619
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