I hope you're right versus the so-called experts, at least some of them anyway, who hold the position that the dollar could be in real trouble. As for me, I don't care about how most other countries come through actually. I only care about the ones that I would want to travel to (that would be Brazil and Germany) and how the dollar holds up against the real and the euro.
On Reuters articles, BR economy minister said that BR economy will recover next year. Investment back said Real can go down another 20% with the economic outlook.
Anybody on the ground that can let us know what exchange rates are at atms or exchange brick and mortar places? Xe.com has 5. 2 reals to the dollar, but I know real exchange rates can vary from that. I found a place that does exchage at 4. 6 reals to the dollar. Thinking of buying currency now for a future trip. Thanks in advance.
I met this girl at mabs recently, great skills, I even complimented her on them in a swing club one night, she responded I'm a professional, LOL yeah right!
Various things at work. But basically, it is a supply and demand thing. The US economy is perceived as "safe" by the rest of the world, so in troubled times, they want to buy into it. Also, the currency of oil exporting economies is being crushed by the low price of oil, e. g. , RUB, MXN, BRL. However, we also increased our money supply Friday, which caused the USD to decline vs non oil producing currencies, e. g. , EUR, JPY, GBP, even COP.
Exactly Mr. Clayton. And depending on what happens in the US with coronavirus and how it's handled, the US economy might not be perceived as being so "safe" anymore, at least for a long while, thus hurting the value of the dollar. Thus far, not too many are impressed with the American response. But, I think we can and will get it together!
For the dollar to weaken it obviously has to weaken against other currencies. All countries' economies are taking a beating by the coronavirus. The US is better able to weather this storm than most other countries. The dollar is getting stronger and it appears that it will remain so.
I hope you're right versus the so-called experts, at least some of them anyway, who hold the position that the dollar could be in real trouble. As for me, I don't care about how most other countries come through actually. I only care about the ones that I would want to travel to (that would be Brazil and Germany) and how the dollar holds up against the real and the euro.
For the dollar to weaken it obviously has to weaken against other currencies. All countries' economies are taking a beating by the coronavirus. The US is better able to weather this storm than most other countries. The dollar is getting stronger and it appears that it will remain so.
Various things at work. But basically, it is a supply and demand thing. The US economy is perceived as "safe" by the rest of the world, so in troubled times, they want to buy into it. Also, the currency of oil exporting economies is being crushed by the low price of oil, e.g. , RUB, MXN, BRL. However, we also increased our money supply Friday, which caused the USD to decline vs non oil producing currencies, e.g. , EUR, JPY, GBP, even COP.
I wouldn't be getting too excited about a strong dollar just yet. The dollar is the world's reserve currency, which is potentially a good thing during a crisis, but many economists are calling for the dollar to take a real beating soon under current conditions. There was already a lot of USA debt out there, and now the USA will be printing money to support the $2 trillion dollar stimulus package that was just passed, which many are saying won't be enough to prop up the American economy, and is just the start of what will be needed. Which would mean printing even more money, which in turn would thereby drive inflation, and severely weaken the dollar. Lots of governments are buying gold and selling USA treasury bills. Forget about hoping for a weak Brazilian Real. We Yanks better be praying for a continued strong greenback against other world currencies!
For the dollar to weaken it obviously has to weaken against other currencies. All countries' economies are taking a beating by the coronavirus. The US is better able to weather this storm than most other countries. The dollar is getting stronger and it appears that it will remain so.
Termas 4x4 was very inexpensive in 2002-2004 when the Real was weak. This was a time when usually my crew were the only foreigners in 4x4 when we went to Centro.
Exactly. Back then I would take 2 chicks at the same time for $75. That is why there is no way I could bring myself to go inside and spend over $100 for 1 girl these days. It is just not worth it for me.
I met this girl at mabs recently, great skills, I even complimented her on them in a swing club one night, she responded I'm a professional, LOL yeah right!
Exactly! 400 reais in the 2,000's was huge compared to today considering inflation and that huge amount of money was so tempting the most beautiful girls in all of Brazil came to Rio to make this money.
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I remember meeting this one hot girl thru Brazil Specialist (I don't think he posts anymore). Young, very pretty, tall, slender, with fantastic tits. During our 3rd meeting, I asked her what she was doing before she started doing programmas, her response was that she was making 80 centavos an hour at McDonalds and she couldn't afford to work and eat there. Meanwhile, everyone was constantly telling her how pretty she was and how she could be making a lot more money than what she was making at Mickey DS. She got tired of being broke and wanted to start making some serious money.
Its mind boggling when you calculate that a non college educated girl could make in one night what it would take her an entire month to earn in a menial job. Add in the fact that it was legal and you pay no taxes either, I am kinda shocked that there weren't even more women flooding Copa back in the early 2000's.
You absolutely couldn't be more wrong!! It had absolutely nothing to do with "Doglets". (Which is probably your way of saying "black men" without sounding like a racist). The real reason why the quality declined in the mid 2000's is because the dollar went in the toilet!, it had nothing to do with what color the clientele was! Girls who were making 400 R a night when the dollar was 4/1 were now having to fuck for 150 R / night. (Most Help girls knew the rates better than the mongers. They would try to get about 100 bucks for all night). Since the Euro and Pounds were still strong compared to the Real, many of the top shelf girls left for Europe to make the big money.
There might be something to the dramatic currency swings. However, I kind of remember Help in the 2000's to have what I would call global pricing. The very top girls could pull down US $100 plus and the cute girls were kind of working the floor for US $50. Of course, there was a whole lot of girls in the middle. This didn't seem to deviate much through the decade. There was also the looks and charm factor, but I think that impacted the time spent together and the vibe more than anything.
I didn't visit the casas or prives, but I suspect when the Real was 4 to one dollar you would see incredible prices in dollar terms in these local venues. Termas 4x4 was very inexpensive in 2002-2004 when the Real was weak. This was a time when usually my crew were the only foreigners in 4x4 when we went to Centro.