The only reason I'm not complaining is because I'm living in the US right now. But as soon as I get back to Brazil I think I'll start a thread like this one...
It's because everyone in the fucking world expects the US to bail them out. Then the US has to borrow to fund our debt. If the US didn't have to pay for shit that aren't ours we wouldn't have this problem.
The Feds are not raising the short term rate on Sep 20 which signals fear of weaken economy due to Katrina. Thus making our currency weaker on the currency market. Currency worth doesn't necessarily mean the US is weak. The British pound is worth twice as much as the dollar. That's because Britain doesn't have to pay for shit! Yet their economy isn't much largers than California's.
It's because everyone in the fucking world expects the US to bail them out. Then the US has to borrow to fund our debt. If the US didn't have to pay for shit that aren't ours we wouldn't have this problem..
It's because everyone in the fucking world expects the US to bail them out. Then the US has to borrow to fund our debt. If the US didn't have to pay for shit that aren't ours we wouldn't have this problem.
It's because everyone in the fucking world expects the US to bail them out. Then the US has to borrow to fund our debt. If the US didn't have to pay for shit that aren't ours we wouldn't have this problem.
The Feds are not raising the short term rate on Sep 20 which signals fear of weaken economy due to Katrina. Thus making our currency weaker on the currency market. Currency worth doesn't necessarily mean the US is weak. The British pound is worth twice as much as the dollar. That's because Britain doesn't have to pay for shit! Yet their economy isn't much largers than California's.
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1$ = 0,80 euros Hehehehehehehe US dollar really sucks!!!
What the fuck do you expect.
The EURO is backed up by the economies of 25 independent countries, half of which America donates money to and supports, and it's currency is near that of our dollar.
EDIT:
On top of that, about a month ago the EURO was worth $1.36.
The EURO is backed up by the economies of 25 independent countries, half of which America donates money to and supports, and it's currency is near that of our dollar.
DUH?
I never knew the EU had donations and was supported by the US.
Gotta tell em their economy is supported/donated to by the US - fuck, they'll laugh.
The day that happens is they day they are fucked as well.
The United States has channeled $305 million in assistance to the two communities through the UN High Commissioner for Refugees and the Cyprus Red Cross since the mid-1970s. The United States now provides $15 million annually to promote bicommunal projects and finance U.S. scholarships for Greek and Turkish Cypriots.
First move is dump the current Admin who negected so much of the economy and avoided several truths on this. Then a summary of the hard facts of life, - like the truth in debit and credit columns, an analysis of actual earning capacity blah - which probably ain't going to be palatable.
One problem is it *may* not come back in the near future to what is known - and this is does not just apply to the US, - all "western countries" are included. There is a changing shift globally on wealth creation and it is the countries who actually generate product and services who will gain.
Western countries simply living off what is mostly cheap product from these developing countries and "consuming" will be the losers unless they have something to offer themselves as a counter-balance. It's a changing world - and it's changing fast right now.
You mean to tell me that not one of these countries get financial support from the U.S.
Must be great seeing the world through ruby coated lens bought my tax dollars.
*Austria
* Belgium
* Cyprus
* Czech Republic
* Denmark
* Estonia
* Finland
* France
* Germany
* Greece
* Hungary
* Ireland
* Italy
* Latvia
* Lithuania
* Luxembourg
* Malta
* The Netherlands
* Poland
* Portugal
* Slovakia
* Slovenia
* Spain
* Sweden
* United Kingdom
This gets funnier!! Take the UK alone... the mainland and Eire. They'd laugh their heads off at the idea the "US supports them" economically. It's just too absurd!
This gets funnier!! Take the UK alone... the mainland and Eire. They'd laugh their heads off at the idea the "US supports them" economically. It's just too absurd!
Stop flipping the subject. I never said we support all those countries financially, but we do support a large portion of them.
The only excuse for you to think otherwise is ignorance or drugs. Which is it?
Stop flipping the subject. I never said we support all those countries financially, but we do support a large portion of them.
The only excuse for you to think otherwise is ignorance or drugs. Which is it?
OK.. You used the example of Poland and clearly never bothered to absorb the content of your "example". Read it harder and you may get the grasp.
The same US govt website link claims to have given Poland $765m in agri assistance in the 80's. Do you not have a brain to see the reasoning of this?? It was not exactly for the goodwill of the Polish people and the US was not alone in this "giving" at that time.
Currently, which EU countries owe their economy to US support??
Alex your really over-simplifing the problems with your country's currency.
United States has always given money to other countries. But then again so has Canada, Great Brittan, France, etc. And considering you are the world's richest country the amounts you quote are nothing.
The porn industry itself earns 10 to 13 billion a year. Trust me what the United States is doing is purchasing international advertising and good will.
As for the currency; Well thats based on the international confidence placed in the country. (Once again, your problem is George Bush.) England has alot of confidence placed in them. They are known for banking and thier leader isn't considered an inept sack of crap.
Having someone competant in command goes along way.
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Alex your really over-simplifing the problems with your country's currency.
United States has always given money to other countries. But then again so has Canada, Great Brittan, France, etc. And considering you are the world's richest country the amounts you quote are nothing.
The porn industry itself earns 10 to 13 billion a year. Trust me what the United States is doing is purchasing international advertising and good will.
As for the currency; Well thats based on the international confidence placed in the country. (Once again, your problem is George Bush.) England has alot of confidence placed in them. They are known for banking and thier leader isn't considered an inept sack of crap.
Having someone competant in command goes along way.
I am not over-simplifying anything.
The fact that our dollar has slowly fallen over the past few years is due to the fact that we are in severe debt which is due to the choices made by this administration.
But you cannot compare us to the EU's Euro and say, " Look at our currency, we are better... blah blah blah"
The Euro is backed by the economies of 25 seperate countries, a portion of which the United States supports financially. Not saying that they rely on it, but i have yet to see any of them refuse our support.
What's pathetic in all of this, is that the Euro, with all of its countries backing it, and some that the U.S back is only higher than the dollar by $0.20.
Our dollar may be falling, but it's still stronger than any other country's currency, excluding Great Britan's.
Having someone competant in command goes along way.
You hit it on the head MPT!
Ya can't run a business (a country is just a bigger version of a biz when it comes to ecomomics/currency) when you got total idiots on the board who have are in a state of denial in everything from creditors/debtors to their own "employees" (citizens) and their customers. It don't work that way :-)
It also don't work when ya keep buying shit and can't afford to pay for it.
The damage to the US in recent years is something .. well.. I feel fucking sorry for those who trusted others to be "on the board" and these people then fucked it up so badly. But... they will get over this time and make a comeback!!
The only reason I'm not complaining is because I'm living in the US right now. But as soon as I get back to Brazil I think I'll start a thread like this one...
It is brutal against the Reais. 2.3 ouch. Going next week and that is going to be hard to take.
It is brutal against the Reais. 2.3 ouch. Going next week and that is going to be hard to take.
Something Slapass.... The sooner processors deal in at least most of the major currencies the better.
Example... a surfer from say the UK has an option to pay a site subscription in UK Pounds.
First, it is more "familiar" to him.
Second, the UK "expects" to pay something meaningful for site membership. To have a website charging $29.95 is pathetic in UK terms.. it is around 16 UK pounds (which would barely buy 3 packets of cigarettes). To charge 16 UK pounds for a website that claims the world is like saying "we are gonna give this all for nothing".
Third.. on the webmaster side, there are definate advantage to multi-currency sign up pages. Not least because the webmaster gets more bottom line return based on the "country values" list, but also because they are not dependent on the currency exchange of one country - ususally the US.
I'd rather be paid in UK Pounds, Euros and any other currency mix - it's more stable.
The only processor I know of offering this service is Verotel. Where are ya CCBill?? You have an EU presence - why are you not already trading in Euros? :-)
The fact that our dollar has slowly fallen over the past few years is due to the fact that we are in severe debt which is due to the choices made by this administration.
But you cannot compare us to the EU's Euro and say, " Look at our currency, we are better... blah blah blah"
The Euro is backed by the economies of 25 seperate countries, a portion of which the United States supports financially. Not saying that they rely on it, but i have yet to see any of them refuse our support.
What's pathetic in all of this, is that the Euro, with all of its countries backing it, and some that the U.S back is only higher than the dollar by $0.20.
Our dollar may be falling, but it's still stronger than any other country's currency, excluding Great Britan's.
Buddy you really need to take an economics course or at the very least but down the Budwieser and stop thinking like a screaming red neck about America.
I'm not going to argue the E.U. has alot of problems and that is reflected in it's currency. The French voted down a common constitution, etc. It has a long way to go. It is hard to get all those leaders and cultures to agree on a damn thing. Considering the complexity of what they must do, Europe is doing pretty good. And what makes it work is that it is a 400 million person trading block.
As for England. I have english bank accounts and thats because I trust them.
1.My money is safe.
2.My bank never puts me on hold or gives me an automated system.
3.I'm not worried about falling exchanging rates.
4.I'm not worried about them doing something crazy and me going broke.
5.I don't get upset worrying about Tony Blair having a bad day and saying something stupid to offend other world leaders.
In short, from a financial perspective, England is wonderfully predictable and boring. And thats what I and many people with money like in this world. "NO SURPRISES."
And America is too full of surprises.
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tomorrow i need to transfer $5,000 CDN to myself down here
this is perfect timing
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