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Karl let me recap your memory
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Originally posted by Assasin View Post
The doc you sent:
First:
Thanks.
Good post!
Second:
Exchange rate: Jan 1984 - U$1.00=JA$3.30
...and...
Dec. 1988 - U$1.00 - JA$5.50.
I hope you will agree that is a more than 12% depreciation over those years? (understated bad-bad )
Serious depreciation...bad-bad ting dat!!!
Sass: Your good doc. seh mi Shady Pines brains (memory) a hole hup good-good!
Respek, still...as there is no way anyone can say we are not in a bad-bad place!!!"Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has."
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Originally posted by Gamma View Posthow would you compare that the 30%?"Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)
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Karl the depreciation was mainly in 1984 and there wasn't much growth and instability. The other years didn't reflect this.- Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.
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- Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.
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Originally posted by Assasin View PostKarl the depreciation was mainly in 1984 and there wasn't much growth and instability. The other years didn't reflect this.
Remember that was a heck of a depreciation."Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has."
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I hope you will agree that is a more than 12% depreciation over those years? (understated bad-bad )
Serious depreciation...bad-bad ting dat!!!
if you would cry at 12% .... what would your reaction be if it was 30%?
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yes it was. How could you plan for that????
How did you plan your labor cost and input cost, Machine depreciation etc, and was it correct at the end of the year?- Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.
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- Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.
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Originally posted by Gamma View PostI hope you will agree that is a more than 12% depreciation over those years? (understated bad-bad )
Serious depreciation...bad-bad ting dat!!!
if you would cry at 12% .... what would your reaction be if it was 30%?
Mi cyan badda duh di compounding?
...but a straight (5.50 - 3.30) รท 3.30 = what % (more than 12%?...30%?...40%?...???)?
...but to answer your question, bawl harda!!!"Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has."
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