where will the dollar go in the next 12 months? - GoFuckYourself.com

SexySarah · 06-23-2003, 12:54 PM

When will the nose dive end?

The Euro is taking over as World Currency.

I think it's time to put money into Gold.

The US is heading for the biggest depression ever...

The sky IS falling, and all you monkeys just spend your time here talking shit, and trying to take down tin top rappers.

The Click · 06-23-2003, 12:55 PM

change your sig then maybe i will talk to you.

SexySarah · 06-23-2003, 12:56 PM

Quote:

Originally posted by The Click
change your sig then maybe i will talk to you.

crybaby.

SexySarah · 06-23-2003, 01:00 PM

I'm going to redo this thread, because it obviously wasn't emotional enough.

I've got to work the patriots up into a frothing mass.

Jakke PNG · 06-23-2003, 01:02 PM

I fucking hope the usd isn't getting any worse. The rates are already fucking, FUCKING horrible.

mrthumbs · 06-23-2003, 01:03 PM

in my pocket

btw, love your sig

SexySarah · 06-23-2003, 01:04 PM

Quote:

Originally posted by mrthumbs
in my pocket

btw, love your sig

Word.

Some people on this board have no taste.

goBigtime · 06-23-2003, 01:13 PM

Quote:

Originally posted by SexySarah

The US is heading for the biggest depression ever...

I'm thinking the same thing.

But they have us all doped up, weakend, pacified & amused -- everyone will just laugh & sigh about it as it happens.

Doomed.

mrthumbs · 06-23-2003, 01:13 PM

Quote:

Originally posted by SexySarah

Word.

Some people on this board have no taste.

and basicly no life..

fuck em..

dav555add · 06-23-2003, 01:16 PM

Quote:

Originally posted by SexySarah
When will the nose dive end?

The Euro is taking over as World Currency.

I think it's time to put money into Gold.

The US is heading for the biggest depression ever...

The sky IS falling, and all you monkeys just spend your time here talking shit, and trying to take down tin top rappers.

This event is just over, Boeing was able to fuck Airbus' ass big time since the USD was so low. Now the USD will go up again and the Euro will become the official currency of Turkey

SexySarah · 06-23-2003, 01:16 PM

Quote:

Originally posted by mrthumbs

and basicly no life..

fuck em..

It totally amazes me what people cry about on this board.

They're quite happy to see a girl gag on a cock.

Or take two dicks up the ass.

But a big of poo? Hell, no!

dav555add · 06-23-2003, 01:18 PM

Quote:

Originally posted by goBigtime

I'm thinking the same thing.

But they have us all doped up, weakend, pacified & amused -- everyone will just laugh & sigh about it as it happens.

Doomed.

Depression, my ass !!!
Where will people invest then? Europe with the prospect of more 3rd world countries such as turkey and maroc joining

SexySarah · 06-23-2003, 01:19 PM

Quote:

Originally posted by dav555add

Depression, my ass !!!
Where will people invest then? Europe with the prospect of more 3rd world countries such as turkey and maroc joining

stop with the

already

or are you a 12clicks wannabe?

SexySarah · 06-23-2003, 01:21 PM

Quote:

Originally posted by dav555add

Depression, my ass !!!
Where will people invest then? Europe with the prospect of more 3rd world countries such as turkey and maroc joining

And to actually answer your comment ...

More and more investment money (that used to go into the US) is now going elsewhere.

Some very in the know people are very worried.

The dollar has been 'artificial money' for decades now.

But probably not for much longer.

The US could be in some serious shit.

goBigtime · 06-23-2003, 01:28 PM

Quote:

Originally posted by dav555add

Depression, my ass !!!
Where will people invest then? Europe with the prospect of more 3rd world countries such as turkey and maroc joining

They'll invest in the EU to NOT invest in the US.... we're not the most loved (or trusted) country out there anymore if you haven't noticed.

FlyingIguana · 06-23-2003, 01:48 PM

isn;t there now deflation fears in germany? europe's economy isn't all that shit hot and at least the american economy has some light finally showing at the end of the tunnel.

the american currency was overvalued anywyas, it was bound to drop and it did.

Porn Mickey · 06-23-2003, 02:18 PM

In plain English, America relies on the rest of the world to finance its deficits. The rest of the world was happy to do so when the US economy was strong and returns were high, but investors will put their cash elsewhere if America looks weak economically. America borrows hundreds of millions of dollars from the rest of the world each day to cover its savings gap and, under George Bush, US dependence on foreign capital is set to increase...

easyfun · 06-23-2003, 02:27 PM

Quote:

In plain English, America relies on the rest of the world to finance its deficits. The rest of the world was happy to do so when the US economy was strong and returns were high, but investors will put their cash elsewhere if America looks weak economically. America borrows hundreds of millions of dollars from the rest of the world each day to cover its savings gap and, under George Bush, US dependence on foreign capital is set to increase...

True -
And the Euro isn't "strong" at all - It currently has false values.
The GB pound is nearly always the safest currency.
America has always over-borrowed and never pays into nato etc, what it has agreed to .

SexySarah · 06-23-2003, 02:37 PM

Quote:

Originally posted by FlyingIguana
isn;t there now deflation fears in germany? europe's economy isn't all that shit hot and at least the american economy has some light finally showing at the end of the tunnel.

the american currency was overvalued anywyas, it was bound to drop and it did.

It seems the real danger is if the US dollar keeps dropping.

That could be worse than a recession, or even deflation. It could be a full blown depression where currency loses nearly all value.

Where do you see the light at the end of the tunnel?

Probono · 06-23-2003, 02:42 PM

Here is the worst case senario

1. Dollar falls .10 Euro
2. Americans stop buying good produced elsewhere because they cost too much
3. US becomes a cheap labour market
4. Us goods become a bargin internationally
5. Investment flows into US to built manufacturing plants
6. Europe can no longer fund it's welfare state and the Euro needs to be devalued

Short term pain long term gain

SexySarah · 06-23-2003, 02:42 PM

Quote:

Originally posted by easyfun
True -
And the Euro isn't "strong" at all - It currently has false values.

What do you mean?

Quote:

The GB pound is nearly always the safest currency.

Are you sure? Where do you get this from?

Quote:

America has always over-borrowed and never pays into nato etc, what it has agreed to .

It seems that a lot of US administrations go for a 'quick fix' for the economy and the dollar. Which isn't a real fix at all ... just more borrowed time.

Like taking out another loan to pay for a car you can't afford.

And then taking a loan to consolidate all your other loans.

...etc...

This might be fine if you curbed your spending and paid off your loans.

The US Government doesn't seem too interested in doing that and is just sinking more and more into debt.

Like a shopping junkie with massive credit card bills who can't afford to pay the interest any more.

SexySarah · 06-23-2003, 02:45 PM

Quote:

Originally posted by Probono
Here is the worst case senario

1. Dollar falls .10 Euro
2. Americans stop buying good produced elsewhere because they cost too much
3. US becomes a cheap labour market
4. Us goods become a bargin internationally
5. Investment flows into US to built manufacturing plants
6. Europe can no longer fund it's welfare state and the Euro needs to be devalued

Short term pain long term gain

Is the US interested in becoming a manufacturing nation again?

Isn't most of the manufacturing being done in China/India? How can the US ever compete with that?

People often say that "Europe is a welfare state", but the impression I get is they're fucking hard workers too. Just ask the Germans.

Jakke PNG · 06-23-2003, 02:47 PM

Also known as savekaren.com syndrome.

SexySarah · 06-23-2003, 02:48 PM

Quote:

Originally posted by TeenGodFather
Also known as savekaren.com syndrome.

Probono · 06-23-2003, 02:50 PM

Quote:

Originally posted by SexySarah

Is the US interested in becoming a manufacturing nation again?

Isn't most of the manufacturing being done in China/India? How can the US ever compete with that?

People often say that "Europe is a welfare state", but the impression I get is they're fucking hard workers too. Just ask the Germans.

US workers are the most productive in the first world. Perhaps no longer the best educated but well trained for both technical and industrial work.

If the dollar falls low enough the jobs will return, debt will be paid back in low value dollars and the world will continue to rotate on it's axis.

The standard of living over the average American will decline but since food and housing are abundanr and produced domestically I do not forsee a revolution or panic of any type.

SexySarah · 06-23-2003, 05:56 PM

Quote:

Originally posted by Probono

US workers are the most productive in the first world. Perhaps no longer the best educated but well trained for both technical and industrial work.

If the dollar falls low enough the jobs will return, debt will be paid back in low value dollars and the world will continue to rotate on it's axis.

The standard of living over the average American will decline but since food and housing are abundanr and produced domestically I do not forsee a revolution or panic of any type.

The US is no longer a manufacturing country.

It's mostly been outsourced.

Manufacturing will not be coming back to the States. It has no reason to.

The Dollar is fucked.

dav555add · 06-23-2003, 05:58 PM

Quote:

Originally posted by SexySarah

I'm starting to like you, wanna get together?

neuromancer · 06-23-2003, 06:00 PM

Shouldn't you be busy stalking Colin and TheKing?

dav555add · 06-23-2003, 06:01 PM

Quote:

Originally posted by neuromancer
Shouldn't you be busy stalking Colin and TheKing?

Nope Sarah, I only stalk luc duboi

neuromancer · 06-23-2003, 06:02 PM

Quote:

Originally posted by dav555add

Nope Sarah, I only stalk luc duboi

Good to know. But I wasn't talking to you

chshkt · 06-23-2003, 06:06 PM

bush and his wars sux
that's why the dollar suffer

SexySarah · 06-23-2003, 06:20 PM

Quote:

Originally posted by neuromancer
Shouldn't you be busy stalking Colin and TheKing?

Should I?

Are you organizing my time now?

Good to know.

FlyingIguana · 06-23-2003, 06:33 PM

Quote:

Originally posted by SexySarah

It seems the real danger is if the US dollar keeps dropping.

That could be worse than a recession, or even deflation. It could be a full blown depression where currency loses nearly all value.

Where do you see the light at the end of the tunnel?

right now the lower dollar helps, in the short term anyways. combine that with tax breaks(went overboard with them) and low rates and you have a solid foundation for recovery. should be another cut this week, quarter point which is all should be done and what i'm expecting. that will help.

if more help is needed they can attack the long term rates. get those rates under 3% and it can move the economy within 6-12 months. i'm not sure if thats needed at this point because the american economy should recover in 2004. people are a bit too optimistic right now for 2003. things are pretty much going how i expected, which is a sluggish recovery, but its still a recovery.

Why · 06-23-2003, 06:56 PM

What are you crazy fuckers talking about??

we just went and got isreals oil back, they will be dumping us cash in no time at all!

Plus we get iraqi oil for ourselfs, and then we make them pay our workers to rebuild thier country because Halliburton will be contracted for all of the work, and it will all be grand for americans.

06-23-2003, 12:54 PM	#1
SexySarah So Fucking Banned Join Date: May 2003 Posts: 1,076	Is the Dollar fucked? When will the nose dive end? The Euro is taking over as World Currency. I think it's time to put money into Gold. The US is heading for the biggest depression ever... The sky IS falling, and all you monkeys just spend your time here talking shit, and trying to take down tin top rappers. Last edited by SexySarah; 06-23-2003 at 01:06 PM..

06-23-2003, 12:55 PM	#2
The Click Confirmed User Join Date: Apr 2003 Location: Canada Posts: 1,685	change your sig then maybe i will talk to you. __________________ ICQ: 31-30-30

06-23-2003, 01:02 PM	#5
Jakke PNG ex-TeenGodFather Industry Role: Join Date: Nov 2001 Location: Suomi Finland Perkele Posts: 20,306	I fucking hope the usd isn't getting any worse. The rates are already fucking, FUCKING horrible. __________________ ..and I'm off.

06-23-2003, 02:18 PM	#17
Porn Mickey we all love porn Industry Role: Join Date: Nov 2001 Location: Nowhere Posts: 2,840	In plain English, America relies on the rest of the world to finance its deficits. The rest of the world was happy to do so when the US economy was strong and returns were high, but investors will put their cash elsewhere if America looks weak economically. America borrows hundreds of millions of dollars from the rest of the world each day to cover its savings gap and, under George Bush, US dependence on foreign capital is set to increase... __________________ $150 SignUp Bonus

06-23-2003, 02:47 PM	#23
Jakke PNG ex-TeenGodFather Industry Role: Join Date: Nov 2001 Location: Suomi Finland Perkele Posts: 20,306	Also known as savekaren.com syndrome. __________________ ..and I'm off.

06-23-2003, 01:00 PM	#4
SexySarah So Fucking Banned Join Date: May 2003 Posts: 1,076	I'm going to redo this thread, because it obviously wasn't emotional enough. I've got to work the patriots up into a frothing mass.

06-23-2003, 01:03 PM	#6
mrthumbs salad tossing sig guy Join Date: Apr 2002 Location: mrthumbs*gmail.com Posts: 11,702	in my pocket btw, love your sig

06-23-2003, 01:48 PM	#16
FlyingIguana aspiring banker Join Date: Mar 2002 Location: toronto Posts: 10,870	isn;t there now deflation fears in germany? europe's economy isn't all that shit hot and at least the american economy has some light finally showing at the end of the tunnel. the american currency was overvalued anywyas, it was bound to drop and it did.

06-23-2003, 02:42 PM	#20
Probono Confirmed User Join Date: Oct 2002 Location: Under the Rainbow Posts: 2,731	Here is the worst case senario 1. Dollar falls .10 Euro 2. Americans stop buying good produced elsewhere because they cost too much 3. US becomes a cheap labour market 4. Us goods become a bargin internationally 5. Investment flows into US to built manufacturing plants 6. Europe can no longer fund it's welfare state and the Euro needs to be devalued Short term pain long term gain

06-23-2003, 06:00 PM	#28
neuromancer Confirmed User Join Date: Jun 2003 Location: Canada Posts: 281	Shouldn't you be busy stalking Colin and TheKing?

06-23-2003, 06:06 PM	#31
chshkt Confirmed User Join Date: Mar 2003 Posts: 1,500	bush and his wars sux that's why the dollar suffer __________________ Start An Online Business, FREE!

06-23-2003, 06:56 PM	#34
Why MFBA Industry Role: Join Date: Mar 2003 Location: PNW Posts: 7,230	What are you crazy fuckers talking about?? we just went and got isreals oil back, they will be dumping us cash in no time at all! Plus we get iraqi oil for ourselfs, and then we make them pay our workers to rebuild thier country because Halliburton will be contracted for all of the work, and it will all be grand for americans.