1250 Scale Message Board: Re: Mixed blessing?

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Re: Mixed blessing?

Posted by Tom Vargas on 11/4/2009, 8:06 pm, in reply to "Re: Mixed blessing?"
24.6.111.102

Having a strong or weak dollar is of no concern to someone who is unemployed or underemployed. They certainly will not be making either foreign or domestic model purchases. A weak dollar will be a help in our recovery by making our exports more favorable to our foreign customers. ItÕs a sad state of affairs. for the nation and for our hobby. Hopefully, the recovery will go into high gear soon and employment will pick up by Spring.

--Previous Message--
: I don't see how a strong Euro helps producers.
: It is transparent for their European market
: sales. It hurts their sales to the US.
: They are arguably selling 50% fewer models
: here in the US. It would benefit them if
: they bought materials from the US but I
: don't know of anyone doing that. All of
: their costs are in Euros.
:
: A strong Euro helps collectors who are paid
: in Euros and can then buy from US dealers
: stock priced in dollars provided the stock
: was bought when the exchange rate was better
: but haven't been re-priced to reflect the
: current exchange rate.
:
: But yes, if you have no job or are concerned
: about your job price isn't prime motivating
: factor in whether you choose to buy a model.
: Your desire to hold onto savings for a
: rainy day is.
:
: --Previous Message--
: Perhaps, but the strong Euro may be a
: benefit
: for the producers who are nearly all
: European. No doubt that U.S collectors are
: buying less, but I wonder: if you're
: unemployed, or concerned about your future,
: how much difference would it make in your
: buying decisions if the dollar was $1.25 to
: the Euro versus $1.50?
:
: --Previous Message--
: Models here would be much more affordable if
: they were 50% cheaper. Such is the impact
: of the weak dollar.
:
: Unfortunately the 1:1250 world is not immune
: from the realities of economics. Every
: industry has seen changes due to the
: downturn and we are no exception.
:
:
:
:
:

Message Thread:

Massively OT and a concern... - Paul 11/3/2009, 8:27 pm
- Re: Massively OT and a concern... - Kevin P. Burke 11/4/2009, 12:37 pm
  - Re: Massively OT and a concern... - Thad Constantine 11/4/2009, 1:53 pm
    - An alternative view - Paul 11/4/2009, 2:52 pm
      - What scares me is.... - DonH 11/4/2009, 3:32 pm
      - Re: An alternative view - Thad Constantine 11/4/2009, 3:11 pm
        
        Re: An alternative view - Paul 11/4/2009, 8:00 pm
        
        Dragon's 1/1250 adventure - Chris Daley 11/4/2009, 9:48 pm
  - Good summary N/T - Kevin Stewart 11/4/2009, 12:40 pm
- The perfect storm - George Elder 11/4/2009, 3:25 am
  - Re: Age is also a factor - Tom Vargas 11/4/2009, 7:06 am
    - Re: Age is also a factor - Paul 11/4/2009, 7:35 am
      - And in the US don't forget the weak dollar - Chris Daley 11/4/2009, 9:22 am
        
        Mixed blessing? - Paul 11/4/2009, 10:34 am
        
        Re: Mixed blessing? - Chris Daley 11/4/2009, 11:57 am
        
        Re: Mixed blessing? - Tom Vargas 11/4/2009, 8:06 pm
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--Previous Message-- : Having a strong or weak dollar is of no : concern to someone who is unemployed or : underemployed. They certainly will not be : making either foreign or domestic model : purchases. A weak dollar will be a help in : our recovery by making our exports more : favorable to our foreign customers. ItÕs a : sad state of affairs. for the nation and for : our hobby. Hopefully, the recovery will go : into high gear soon and employment will pick : up by Spring. : : --Previous Message-- : I don't see how a strong Euro helps : producers. : It is transparent for their European market : sales. It hurts their sales to the US. : They are arguably selling 50% fewer models : here in the US. It would benefit them if : they bought materials from the US but I : don't know of anyone doing that. All of : their costs are in Euros. : : A strong Euro helps collectors who are paid : in Euros and can then buy from US dealers : stock priced in dollars provided the stock : was bought when the exchange rate was better : but haven't been re-priced to reflect the : current exchange rate. : : But yes, if you have no job or are concerned : about your job price isn't prime motivating : factor in whether you choose to buy a model. : Your desire to hold onto savings for a : rainy day is. : : --Previous Message-- : Perhaps, but the strong Euro may be a : benefit : for the producers who are nearly all : European. No doubt that U.S collectors are : buying less, but I wonder: if you're : unemployed, or concerned about your future, : how much difference would it make in your : buying decisions if the dollar was $1.25 to : the Euro versus $1.50? : : --Previous Message-- : Models here would be much more affordable if : they were 50% cheaper. Such is the impact : of the weak dollar. : : Unfortunately the 1:1250 world is not immune : from the realities of economics. Every : industry has seen changes due to the : downturn and we are no exception. : : : : : : :

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