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Have you looked at the European markets recently? As of last week, the financial crisis has officially infected Europe. European governments have had to rescue banks in Germany, the UK, France, Belgium and the Netherlands. And more mayhem is underway. The Amsterdam stock exchange took the lead today, plummetting 9.14%. The French CAC-50 wasn't far behind with -9%. The German DAX closed at -7%. Europe is in the same boat as the US.
[edited by: johnnie at 5:26 pm (utc) on Oct. 6, 2008]
Plus Europe has big problems as well, UK's might even be worse than US when our celf-cert and buy-to-lets all finally bottom out. So I don't think the dollar will collapse...though who knows in these wild times.
Have a look at the Australian dollar.
A little over 3 months ago, it was at 0.95, now its at 0.71.
So if you get $US1000 from Adsense a month, this was $1052 3 months ago and it's now $1408.
In other words, its about a 30% pay rise.
You get paid in US Dollars which then will be converted into Euro. If US/Euro gets higher, you get more income. On the other hand, advertisers in Euro will pay Google in Euro, which converted into US Dollars. Now Google will get less than they normally get. As a result, the payout to publishers will be less than usual.
Google could pay us all by sending out little ingots of gold through the post?
Nope, only "London Good Delivery Bars" accepted:-) They can afford it!