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What will happen to IM world?

Discussion in 'BlackHat Lounge' started by pmg2712, Aug 7, 2011.

  1. pmg2712

    pmg2712 Junior Member

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    As US rating has been downgraded, what will be the impact on the world of Internet marketing.
    I feel like I have bee gripped by fear and my dreams will be shattered before they have even started.
    What will happen to US dollar and the consumerism?
     
  2. IKbentim

    IKbentim Power Member

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    Indians will now be hiring Americans for $1 an hour on Odesk
     
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  3. Autumn

    Autumn Elite Member

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    The US dollar is going to be a major issue since the whole IM world runs on USD. For us non-US marketers it's going to suck hard and we're basically going to take a huge hit as the dollar crashes.

    Eventually the IM world will have to move to either a mix of currencies (Euros, Pounds and other local currencies) or to whatever the next reserve currency of the world ends up being.

    In the short term, things continue as normal but non-US sales will make up a greater and greater proportion of the sales basket. There will be big opportunities in the US in the near future for stuff like debt consolidation, mortgage refinance, coupons and jobs.

    In the long term, the US is basically going to lose a huge chunk of its purchasing power as the world currency market goes through a huge correction and the USD inflates majorly. The US govt will try to inflate their way out of their debt which is just going to lead to very high inflation in the US and even more devaluation of the USD.

    Conversely, emerging economies (China, Brazil etc) are going to see a massive improvement in their purchasing power as their currencies skyrocket and a large chunk of consumer spending will move to those countries. In the future, it is those countries that will be the big middle class consumers of the world.

    In other words:
    * get out of the US dollar and convert any US dollar reserves you might have to stronger currencies asap before the dollar plummets
    * find affiliate programs that pay in something other than USD
    * start looking into foreign markets to operate in eg. generating foreign traffic and pushing it to foreign language CPA offers
    * rape the US consumers while you still can until the US is bankrupt
    * prepare for some extremely rough financial times ahead: start saving, stock up on food and supplies, pay down all your debt that you can

    It's the Chinese curse come to life: "May you live in interesting times."
     
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  4. sharolsmith

    sharolsmith Junior Member

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    it will impact a lot

    but try sellling loans related stuff :)
     
  5. hgear

    hgear Power Member

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    China will be outsourcing to us.
     
  6. timothywcrane

    timothywcrane Power Member

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    Break out the Forex Ads guys. The US having its credit rating below some other countries is just a new excuse to SEO for those other currencies. It could also spark interest in countries just below that, such as Brasil. It also gives lots of fresh targeted comment spam locations that are not directly ad related. It would be like marketing Viagra in the early 90's before the word viagra became the greatest spam term indicator known to man.
     
  7. Essence19

    Essence19 BANNED BANNED

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    DUDE - This is all part of the plan - they wanted to have an excuse to cut funding to pensions - so they made this bullshit con - that the dollar is DEFAULTING -

    ITS ALL A JOKE - DON'T BELIEVE ANY OF IT - ITS BLACKHAT TACTICS - TO GET MORE MONEY OUT OF PEOPLE
     
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  8. jb2008

    jb2008 Senior Member

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    Well, that is true Autumn but as inflation = rising prices, therefore rising commissions. They will be the same in real terms, but nominally larger.
     
  9. wowhaxor

    wowhaxor Executive VIP Premium Member

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    Relax yo.
     
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  10. timothywcrane

    timothywcrane Power Member

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    Exactly, the hype should be used, not internalized. There are thousands of fully employed people now scared for their jobs with little but an emotional reason, which leads to emotional reaction, like thinking "click" when they see "how to make $3500 a week with no job".
     
  11. inumel

    inumel Senior Member

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    actually the credit rate wasn't suppose to be lowered. The S&P made a mistake but they still decide to lower the Usa AAA credit rating. Even-though they knowingly made a mistake. Ton's of investor's and companies knowing this information aren't going to stop investing and using the American dollar