Cheap boats in USA again soon?

 I've been listening to a shitload of podcasts lately, mostly financial stuff and i'm thinking there might again be a shitload of cheap boats around in the states in years to come.

 

I know when our dollar went to parity a few years back lots of lads from here bought boats over there, I cant help but think that could happen again in the near future.

 

33,000,000 have filed for unemployment insurance since March - That is staggerring I reckon and no doubt what they will recieve is probably stuff all if they meet the criteria!!

 

The US has been printing cash at a massive rate ( no longer print notes as its digital but basically create more currency ), I heard over a 60 day period they created 2.5 trillon bucks which works out to be $500,000 per second!!!

 

Surely the path they are on over there and the amount of currency they are creating the US dollar could crash...

 

On this particluar podcast they spoke of Germany post WW1 and the actual printing of their own currency which totally fucked it...

 

Devalued it so much they reckon there were people literally pushing wheelbarrows full of cash around but they were more worried about getting the wheel barrow stolen than the pile of cash inside it...

 

It was apparently cheaper to use cash notes as wall paper than to buy wall paper itself, I've gone a bit off topic here but they are examples of what happens when you print money and devalue their currency!!

 

Unless their fearless ( i now think he's fucked come the election as he has totally lost it now ) leader can make america great again then i'm thinking cheap boats!!

 

Sorry that was a little long winded but you get my drift...

 

Boon


Posts: 28

Date Joined: 14/03/20

lol yeah a little off topic

Sun, 2020-05-10 20:04

 with the current situation going on and with what you have explained there is still a big ? to what will happen with anything i think. how will our dollar bounce back is more the question?? but if the situation arises i would look at a boat from the seppo's for sure, that and car parts.

Stevo81's picture

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Date Joined: 16/04/12

 I bought two boats from the

Sun, 2020-05-10 20:15

 I bought two boats from the US last time it was worth it. Would be real tempting to build a new one over there if the USD tanks again. 

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timboon's picture

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 One for each foot Stevo?

Sun, 2020-05-10 21:36

 One for each foot Stevo?

Stevo81's picture

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Date Joined: 16/04/12

Haha, had a Striper for 4

Mon, 2020-05-11 05:52

Haha, had a Striper for 4 years before selling & importing again just before the AUD fell in 2014 

will be interesting to see what happens 

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 We were in the middle of a

Mon, 2020-05-11 07:29

 We were in the middle of a construction boom last time so a combination of plenty of work, high wages and plenty of housing equity to pull out for toys. 
Things look a little different this time around. 

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Does anyone know where the love of god goes, when the waves turn the minutes to hours?

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Date Joined: 10/12/07

Australia

Mon, 2020-05-11 08:55

 I think you will find Australia is printing plenty of its own cash at the moment as well. Perhaps not as much as America, but on a per capita we have been leading the world on Covid stimulus.

ranmar850's picture

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Date Joined: 12/08/12

check out THT

Mon, 2020-05-11 12:14

 Yanks are speculating about cheap boats, when are "the deals" coming--answer is that boat sales and demand have gone UP. Until their economy really crashes, peoplw on't be discarding toys. Good used boats are still selling for a premium, shit can be had cheap, if you want shit.

timboon's picture

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 Forsure we have also been

Mon, 2020-05-11 22:33

 Forsure we have also been creating currency but I think our economy seems better placed than theirs to bounce back...

 

Regardless of what happens I'm still hoping Trumpy gets a dose of the virus...

 

 

ranmar850's picture

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Date Joined: 12/08/12

The dollar is the killer

Tue, 2020-05-12 07:11

 While our exchange rate is where it is, nothing will be cheap from the states. Hard to say where that will go. And yes, a good dose running through that lot would be a reality check.