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Interest rates are soo low to encourage borrowing. The immediate impact of this is that the USD has been in a downward spiral for the last year or so. Although people in the US might not realise it the USD's your are holding today are worth ~20% less than they were this time last year. Now this whole thing about this war being about the Euro sounds far fetched, but on a basic level it does make sense. If people will buy and sell oil in euro's as opposed to USD then the market falls out of the USD. What determines the price of the USD is supply and demand. If other things being equal and oil is traded in euros as opposed to USD then demand for USD is greately reduced, therefore the price of the dollar drops. |
Exactly All the interest rate drops were to encourage to start
spending/investing which brings in money and can be used to pay off the "borrowed" dollars. that were not backed by gold. On top of that if the US has to buy Oil with Euros instead of their own dollar it gets worse. Of course the EU is not interested to change the situation. For them the oil price in euros is a lot better. So there are not too many countries interested in changing that. Add that to all the nonsense the US is using to go to war and acting to be the liberators of the Iraqi people and you have pretty much summed up what this war is all about. DynaMite :2 cents: |
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?race? is seen to represent a population that is biologically distinct according to some defined parameter. It is also used interchangeably with the term ?subspecies? by most researchers when race is defined by biological parameters |
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Tell me, would you, how we got all this control. Do know how many Jews there are in the world? There are about 14 million. Yeah, that's it. 6 million were killed in WWII, about 1/3 of all Jews in the world were killed. And in every generation Jews have been persetuted, and generally whatever government they lived under repossessed their homes and money. So how the fuck do we supposedly control all this shit? Why are you so anti-Jewish? You obviously have a lot of grave psychological issues you need to work out. Perhaps we can start a fund for you to work out your feelings of inadequacy. Don't worry, medication can do wonders for you. Bon voyage! |
it all comes down to US vs. EU
this will be a lot clearer in the near future |
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