GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Can We Talk About America's futute for a minute ?

High Class Grass · 01-15-2008, 10:36 AM

Can we all share a little of our ideas and what we know today and our predictions for short and long terms of America tomorrow?

Currently, we are facing many problems, let me list a few and we can discuss.

1. The Economy:
* The stock market continues to tumble, The Dow probably going to lose around 250 points today or even more.

* Inflation is now above 6%, the highest in 26 years.

* The Dollar keeps on losing its value, even against the Vietnamese Đồng, isn't that sad? The goal of the Vietnamese Đồng is to lose 1%-2% a year against the Dollar to help Vietnam export more but since 2007 til now. The Đồng gained about 2% against the Dollar.

* Oil price: We are the number 1 country in the world when it comes to using oil from burning inside our homes to running our cars and running the factories where we work at. Not even 3 years ago, the oil price was only $40 per barrel, that was just over $1 a gallon. Now, it is around $100 per barrel that's above $3. If you drive 25 miles to work and 25 miles home, plus 10 miles to pick up your kids or for grocery, you're are basically spending around $20 a day. $20 a day? That's more than 30% of your minimum earning wage.

* Debts: Total debts is $48 trillion. Around $9 trillion of that number is the money we are borrowing from other countries everyday. $39 trillion remaining is the debts that every person in this country owns to the banks and credit cards take up a big portion of this. On an average, there is around $10,000 in credit cards debts for each family, I am sorry, I helped brought up the average a little hehe. Also, on an average, each student carries a loan of around $20,000 afater he walks out of college.

Ok, I'll stop for now, let's discuss this, what are the problems that causing these problems and how are we going to solve? Any predictions for the future short and long terms?

01-15-2008, 10:36 AM
High Class Grass So Fucking Banned Join Date: Jan 2007 Posts: 103	Can We Talk About America's futute for a minute ? Can we all share a little of our ideas and what we know today and our predictions for short and long terms of America tomorrow? Currently, we are facing many problems, let me list a few and we can discuss. 1. The Economy: * The stock market continues to tumble, The Dow probably going to lose around 250 points today or even more. * Inflation is now above 6%, the highest in 26 years. * The Dollar keeps on losing its value, even against the Vietnamese Đồng, isn't that sad? The goal of the Vietnamese Đồng is to lose 1%-2% a year against the Dollar to help Vietnam export more but since 2007 til now. The Đồng gained about 2% against the Dollar. * Oil price: We are the number 1 country in the world when it comes to using oil from burning inside our homes to running our cars and running the factories where we work at. Not even 3 years ago, the oil price was only $40 per barrel, that was just over $1 a gallon. Now, it is around $100 per barrel that's above $3. If you drive 25 miles to work and 25 miles home, plus 10 miles to pick up your kids or for grocery, you're are basically spending around $20 a day. $20 a day? That's more than 30% of your minimum earning wage. * Debts: Total debts is $48 trillion. Around $9 trillion of that number is the money we are borrowing from other countries everyday. $39 trillion remaining is the debts that every person in this country owns to the banks and credit cards take up a big portion of this. On an average, there is around $10,000 in credit cards debts for each family, I am sorry, I helped brought up the average a little hehe. Also, on an average, each student carries a loan of around $20,000 afater he walks out of college. Ok, I'll stop for now, let's discuss this, what are the problems that causing these problems and how are we going to solve? Any predictions for the future short and long terms?