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First recorded activity by BoatBanter: Jun 2007
Posts: 1,635
Default A Boat Buyers Market

"Chuck Gould" wrote in message
oups.com...
On Oct 26, 6:07?am, "Don White" wrote:
"Short Wave Sportfishing" wrote in
messagenews:86h3i3h5p8bobv76420b5igv1phr0sdsi3@4ax .com...





On Fri, 26 Oct 2007 02:06:37 GMT, Ron wrote:
SoCalYachtBroker wrote in
ups.com:
The boat re-sale market has changed considerably over the past few
months.
Up here in BC, seeing the opposite, mind you I'm watching 20'bowriders
mostly, not bathtubs with parachutes :-)
As economy perks along at full tilt more and more are buying, and with
such
a strong canuck dollar american boats looked good but now they are
trying
to gouge canuck buyers. Ads on craiglist and such are $k's higher than
just a few months ago as they try to take advantage of CAN$.
So what you are telling me is that I should have charged Don more for
my boat than I did?
Damn - now he tells me. :)
I should have got you to hold the boat a couple of months for me. The
way
your yankee dollah is slidin', it would seem like I was getting your
boat
almost free by paying in American cash. I heard today the loonie was
worth
$1.04 US.- Hide quoted text -

- Show quoted text -

The Canadian dollar may eventually be headed for $1.50 US. The Yankee
buck has been reduced to junk bond status.

No political comment, just a fact:

The last time we had $zero in National debt, Andrew Jackson was
President. Between the presidency of Andrew Jackson and May of the
year 2000, the US national debt rose to $5.7 trillion.

Between May of 2000 and October 2007, the national debt increased from
$5.7 trillion to over $9 trillion. A 50% increase in the last seven
years. Good grief!



A 50% increase over $5.7 trillion would be about $2.8 trillion, for a
total of about $8.5 trillion. This is a bit more.

Even worse, if that is possible, the estimates are that Bush will have
blown more than $2 trillion on Iraq by the time that debacle winds down.
Two trillion dollars would have gone a long way towards fighting a
genuine war on terror and beefing up our infrastructure.