Russia Weighs Shifting Its Holdings to Euros

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  • directfiesta
    Too lazy to set a custom title
    • Oct 2002
    • 30176

    #1

    Russia Weighs Shifting Its Holdings to Euros

    Ouch .... And China said to the US to fix their economy and stop blaming China...

    US dollar is heading.... doooown ....

    , Nov. 23 - The euro rose to another record high against the dollar today after the Russian central bank said it might increase its euro holdings in an effort to insulate itself against further weakness in the American currency.

    Like the United States Federal Reserve and its other counterparts, the Russian central bank holds huge reserves of dollars, euros and other currencies as a means of defending its own currency, the ruble, and smoothing out foreign-exchange market movements whenever necessary. Nearly two-thirds of its $113 billion in foreign-exchange and gold reserves are denominated in the dollar, which has reigned for decades as the premier global reserve currency.

    http://www.nytimes.com/2004/11/23/bu...er=rssuserland
    I know that Asspimple is stoopid ... As he says, it is a FACT !

    But I can't figure out how he can breathe or type , at the same time ....
  • Screaming
    I can change this!!!!!
    • Feb 2004
    • 18972

    #2
    Does any of this change the view out my bedroom window?

    Comment

    • Chichio
      Confirmed User
      • Mar 2002
      • 1467

      #3
      Ah, your United States Misfortune Article Crawler caught a good one this time!

      Exclusive Asian Content Program - FlyHighCash

      Comment

      • directfiesta
        Too lazy to set a custom title
        • Oct 2002
        • 30176

        #4
        Originally posted by Screaming
        Does any of this change the view out my bedroom window?
        Yes.... because if you are:

        - a foreign webmaster, your income goes down due to low exchange rate
        - a US webmaster, your economy will suffer more due to less investment, so less work ...

        But I think, as I see you answer, that you don't have the ability to comprehend that ...

        Back to the threads like :

        " I have green stuff oozing out of my nutsack... should I taste it ? "
        I know that Asspimple is stoopid ... As he says, it is a FACT !

        But I can't figure out how he can breathe or type , at the same time ....

        Comment

        • a1ka1ine
          Confirmed User
          • Apr 2002
          • 3387

          #5
          i didnt think the dollar could get much worse.. this is really sucking :@

          might have to charge in euros soon :D I wonder if surfers will notice the $29.99 ?29.99 shift... could be profitable!

          Comment

          • s9ann0
            Confirmed User
            • Sep 2001
            • 4873

            #6
            euros are cool

            Comment

            • hydro
              Confirmed User
              • Dec 2003
              • 4216

              #7
              What sucks is that the usd was gonna be complete shit no mater who would get elected. Good thing for gold and offshore banks

              Comment

              • slavdogg
                Confirmed User
                • Jan 2001
                • 3570

                #8
                let russia take on more euros
                let see how much crappier the euro econ will get

                strong euro has No big advantages for EU
                Adult Traffic for Sale

                Comment

                • directfiesta
                  Too lazy to set a custom title
                  • Oct 2002
                  • 30176

                  #9
                  Originally posted by a1ka1ine
                  i didnt think the dollar could get much worse.. this is really sucking :@

                  might have to charge in euros soon :D I wonder if surfers will notice the $29.99 ?29.99 shift... could be profitable!
                  I have been doing that for the past year. Signups were 50/50. Europeans and Japanese ( ? ) mostly signed in Euros, even if it was more expensive ...

                  Since I replaced Ibill by Paycom, I have to remove the Euro Biller ( VISA USA ...), but I will use them on smaller niche site .

                  And they never missed a payment, unlike Ibill ....
                  I know that Asspimple is stoopid ... As he says, it is a FACT !

                  But I can't figure out how he can breathe or type , at the same time ....

                  Comment

                  • directfiesta
                    Too lazy to set a custom title
                    • Oct 2002
                    • 30176

                    #10
                    Originally posted by slavdogg
                    let russia take on more euros
                    let see how much crappier the euro econ will get

                    strong euro has No big advantages for EU


                    Living in Fantasyland ( or perhaps Bushland ? ) ....
                    I know that Asspimple is stoopid ... As he says, it is a FACT !

                    But I can't figure out how he can breathe or type , at the same time ....

                    Comment

                    • Veterans Day
                      Confirmed User
                      • Jul 2003
                      • 8403

                      #11
                      euro is the future
                      Build a Massive Traffic Network, Hands FREE, Totally Automated

                      Comment

                      • David!
                        By the wrath of Agamemnon
                        • Apr 2004
                        • 6501

                        #12
                        Congrats directfiesta, I see that you wrote your daily America bashing thread
                        .

                        Comment

                        • directfiesta
                          Too lazy to set a custom title
                          • Oct 2002
                          • 30176

                          #13
                          Originally posted by PussyMan
                          Congrats directfiesta, I see that you wrote your daily America bashing thread
                          If you perceive it that way, then it must be true ....

                          I tought you guys liked your doilar falling .. and now its bashing America..

                          BTW, FYI, the USA is NOT America .... you haven't liberated the other countries yet :

                          - Canada
                          - Panama
                          - Mexico ( lol )
                          - Salvador
                          - Guatemala
                          - Brasil
                          -Argentina
                          - and so on ...
                          I know that Asspimple is stoopid ... As he says, it is a FACT !

                          But I can't figure out how he can breathe or type , at the same time ....

                          Comment

                          • David!
                            By the wrath of Agamemnon
                            • Apr 2004
                            • 6501

                            #14
                            Originally posted by directfiesta
                            If you perceive it that way, then it must be true ....

                            I tought you guys liked your doilar falling .. and now its bashing America..

                            BTW, FYI, the USA is NOT America .... you haven't liberated the other countries yet :

                            - Canada
                            - Panama
                            - Mexico ( lol )
                            - Salvador
                            - Guatemala
                            - Brasil
                            -Argentina
                            - and so on ...
                            Seriously, you suffer from a mild case of ADD, you should really get some treatment.
                            From reading your rare post when you are not bashing the yankees, it seems like you own some paysites. Don't you think you should spend your times on them rather than this childish bashing?
                            .

                            Comment

                            • - Jesus Christ -
                              Confirmed User
                              • Mar 2003
                              • 7197

                              #15
                              Wait....

                              How many countries had to band togeather to create a currency to even match the dollar?

                              Oh yea they had to back it by GOLD too.

                              "the United States owns the most gold followed by Germany and the International Monetary Fund. If we include jewellery ownership, then India is the largest repository of gold in terms of total gold within the national boundaries."

                              If you hate america so much you should just put a gun to your face and let the led fly becase were not going anywhere. If we do..... you can bet it all were taking a lot of the planet down with us.

                              They don't call us the GREAT satan for nothing.

                              Amen

                              Comment

                              • David!
                                By the wrath of Agamemnon
                                • Apr 2004
                                • 6501

                                #16
                                Oh directfiesta, I forgot to add, about 80% of the people who post here think like you anyways, so why bother converting them?
                                They already are on your side
                                .

                                Comment

                                • directfiesta
                                  Too lazy to set a custom title
                                  • Oct 2002
                                  • 30176

                                  #17
                                  Originally posted by PussyMan
                                  Seriously, you suffer from a mild case of ADD, you should really get some treatment.
                                  From reading your rare post when you are not bashing the yankees, it seems like you own some paysites. Don't you think you should spend your times on them rather than this childish bashing?
                                  Sure David ...

                                  The currency is of no relevance to a webmaster ....

                                  I never saw you post anywere else than USA rules threads...

                                  so,
                                  I know that Asspimple is stoopid ... As he says, it is a FACT !

                                  But I can't figure out how he can breathe or type , at the same time ....

                                  Comment

                                  • David!
                                    By the wrath of Agamemnon
                                    • Apr 2004
                                    • 6501

                                    #18
                                    Originally posted by directfiesta
                                    Sure David ...

                                    The currency is of no relevance to a webmaster ....

                                    I never saw you post anywere else than USA rules threads...

                                    so,
                                    Do you seriously believe that the Euro is so high because of the ineficiency of the US government?
                                    You are aware that it is China, Japan and Europe who are financing the US deficit?
                                    You also must be aware that France is the #1 investor in US mutual funds?
                                    Or maybe that finance ministers from Europe are trying to no avail to make the value of the dollar rise as they are starting to see the first sign that European companies are starting to lose market share to lower priced US goods.

                                    Whatever your feelings on the US, there is no one who can defeat them, and why would someone want to defeat them anyways? (Besides Islamo fascists that is)

                                    Without the "dumb Americans" as you put them, who would be buying the low priced and low quality junk from China?

                                    So please, get a grip, relax a little, enjoy life. Masturbate more often, it's good for your prostate and your moral too.
                                    .

                                    Comment

                                    • BradM
                                      Confirmed User
                                      • Dec 2003
                                      • 3397

                                      #19
                                      Even if Russia puts a little bit more into the Euro they still have a huge amount of USD in reserve. The dollar will pickup in the next few years again... this is a pretty standard cycle, just emphasized due to GLOBAL instability.

                                      Comment

                                      • 69pornlinks
                                        Confirmed User
                                        • Mar 2003
                                        • 5560

                                        #20
                                        Originally posted by - Jesus Christ -
                                        "the United States owns the most gold followed by Germany and the International Monetary Fund. If we include jewellery ownership, then India is the largest repository of gold in terms of total gold within the national boundaries."

                                        lmao, and you know this becasue? stop being a fucking sheep, the dollar is backed by NOTHING....
                                        It IS what it IS

                                        Comment

                                        • OWNED
                                          So Fucking Banned
                                          • Mar 2004
                                          • 852

                                          #21
                                          holy shit, USD is fucked

                                          Comment

                                          • 69pornlinks
                                            Confirmed User
                                            • Mar 2003
                                            • 5560

                                            #22
                                            lol
                                            It IS what it IS

                                            Comment

                                            • sacX
                                              Confirmed User
                                              • Dec 2002
                                              • 2998

                                              #23
                                              Originally posted by slavdogg
                                              let russia take on more euros
                                              let see how much crappier the euro econ will get

                                              strong euro has No big advantages for EU
                                              makes oil cheaper.
                                              Have Asian Language Traffic?

                                              Comment

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