GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Dollar trades near record lows versus euro

Brad · 07-20-2007, 11:43 AM

It's not going to go up any time soon.

There is going to be a major housing surplus in the coming months. Banks are forecasting a 40% foreclosure rate for homes bought on in 2004-2006 starting at the end of this month. Your debt is going through the roof right now as well. People are also not as interested in buying US $$$ when the economy is sliding. The only hope for the US $ is that other countries devalue their $ so that imports and exports remain the same as they have in the past.

07-20-2007, 11:43 AM
Brad Confirmed User Industry Role: Join Date: Jan 2007 Location: Toronto Posts: 2,510	It's not going to go up any time soon. There is going to be a major housing surplus in the coming months. Banks are forecasting a 40% foreclosure rate for homes bought on in 2004-2006 starting at the end of this month. Your debt is going through the roof right now as well. People are also not as interested in buying US $$$ when the economy is sliding. The only hope for the US $ is that other countries devalue their $ so that imports and exports remain the same as they have in the past. __________________ Affiliate Manager/Media Buyer ICQ 376 978 529 Skype: bradleyjwscott [email protected]