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-   -   where is the US$ heading? it will be soon worthless in Europe. (https://gfy.com/showthread.php?t=407738)

mockingbich 12-24-2004 04:15 PM

Ya'll still don't get it!!! There are no countries anymore...just markets. There are no boundaries. There are no races, countries, traditions, religions or anything. There are just Debtors and Creditors. If the dollar falls too far it will throw the WHOLE WORLD into depression. It doesn't matter who is US president or what continent you live on. America's problems are Europe's - Europe's problems are Asia's - and the middle east is everybody's fucking problem..Are you starting to understand?? maybe a little??? Don't worry too much about the dollar in the short term. Worry about globalization in the long term.

UniversalPassLorence 12-24-2004 04:19 PM

It will rebound :thumbsup

Webby 12-24-2004 04:20 PM

Chichio:

Quote:

Patronize all youhahaha8217;d like Ihahaha8217;m only stating facts. Yes, you guys love to say that the US is going down the shit hole. Ihahaha8217;d say its wishful thinking on your part. Youhahaha8217;re proud Europeans and wouldnhahaha8217;t it be nice to call yourselves the premiere economy on earth. We do have a record debt, somewhere near the 5 trillion dollars but the US is currently a growing economy with the purchasing power of about 10.3 trillion dollars per year.
Perhaps there are actually some facts in what you say - it's just too obvious to anyone, whether in the US, some "proud" Europeans or anyone else that there is a lacking in your comments.

Maybe if you got the stupid "us" and "them" out of the equation, there may be more rationality. Try and quit the concept of "enemies" where there are none - any criticism is not "anti US" - it is valid, at least on the economy which is the subject of the thread.

On purchasing power.. yes, purchasing power is fine if there is an ability to pay without borrowing elsewhere, - otherwise it is meaningless.

Finally.. European economics has plently problems - nothing is perfect and never will be. The concern is over the low value of the dollar and the same concern would occur over a silly weak Euro with many people.

Webby 12-24-2004 04:22 PM

mockingbich:

Quote:

There are no countries anymore...just markets. There are no boundaries. There are no races, countries, traditions, religions or anything. There are just Debtors and Creditors.
Exactly!!!!

You owe, you pay.

sean416 12-24-2004 04:24 PM

I'm confident that the US dollar will go right back up. It's just a matter of when. In the meantime I dont bitch about the dollar being down because I hate americans, or I want to rub it in their face, etc. I simply bitch about it because it affects my income. It's strange to see how many americans here see that as an attack on your country. We all know the US is going down, they're going through rough times right now and once the dollar strengthens and everything gets back to normal we'll all be happier. :thumbsup

canplayer 12-24-2004 04:32 PM

well the only thing this thread made me do is want to watch EuroTrip again. That italian guy on the train was damn funny, oh those crazy funny looking euros.

Chichio 12-24-2004 04:43 PM

Quote:

Maybe if you got the stupid "us" and "them" out of the equation, there may be more rationality. Try and quit the concept of "enemies" where there are none - any criticism is not "anti US" - it is valid, at least on the economy which is the subject of the thread.
Perhaps the ?us? vs. ?them? feelings would be omitted from this debate if you didn?t preface your comments with how stupid Americans are. That kinda thing generally divides.

frank7799 12-24-2004 05:11 PM

So true
 
Quote:

Originally Posted by Webby
mockingbich:

Exactly!!!!

You owe, you pay.

There are always two sides on a coin. Export is difficult now for european products. But you can travel to the US on a low price today. Last year flights were much more expensive.

And many companies arenīt based in one country alone. Look at Daimler/Chrysler for example.

sixxxthsense 12-24-2004 05:17 PM

Quote:

Originally Posted by Chichio
As a matter of fact it looks like the US is doing it on purpose. Poor Europe in two ways: Every european product looks very expensive internationally and anyone that makes money off Americans is pinched a bit.

The US is battling a large trade deficit and at the same time playing hardball with the Euro. To be fair the Euros are not blameless, they've played hard in the past as well. They want to compete with the Dollar so they'll have to take the bad with the good.

ur smart i think the same

baddog 12-24-2004 05:21 PM

Quote:

Originally Posted by Top Jimmy
I agree. I am really sad for all the people that voted Bush because he was "kick ass" or whatever. People have no clue what they are doing.

It's scary to think how bad it got in the last four years, and that we have four more to go till someone can make sense of this shit, and steer us right again.


You are kidding yourself if you think Kerry would have helped our situation, and that is all that really matters, our situation.

Violetta 12-24-2004 05:26 PM

Quote:

Originally Posted by XxXotic
sad for who? europeans? i doubt anyone in the US gives a shit what other people's conversion rates are. 1$ is 1$ for us, regardless

Thats a real dickhead answer. Perhaps he wasnt talking about you americans.
Please drop that attitude man. "I am an american and we are the best country in the world. I dont give a shit about other countries and other people."

The us $ sucks at the moment. I know you're not affected by that, but respect that there is other people on this board that is.

I Like Chocolate 12-24-2004 06:17 PM

The true party of business is the libertarian party.

The death of the dollar is coming. All paper currencies fail that arent backed by something tangible. IT's just a fact of history.

The Federal Reserve has engineered the greatest credit bubble in history. The US economy no longer has any infrastructure. Everything is made in China. We get our energy mostly from Canada and the Middle East. ITs completely a service economy now.

Like I said before, their will be a dollar rally this year, but the next wave down is going to be the nastiest.

US needs to abolish the Federal Reserve and back the dollar by gold. Wont happen until the inflationary depression comes.

bret 12-24-2004 06:22 PM

Quote:

Originally Posted by AkiraSS
Damn 1euro = 1.35 USD
2 years ago
1 EURO = 0.8 usd

so sad.


THE SKY IS FALLING THE SKY IS FALLING!!!!

aceman 12-24-2004 06:41 PM

Quote:

Originally Posted by SexualRB
US needs to abolish the Federal Reserve and back the dollar by gold. Wont happen until the inflationary depression comes.

:1orglaugh :1orglaugh :1orglaugh :1orglaugh

AkiraSS 12-24-2004 06:56 PM

Quote:

Originally Posted by bret
THE SKY IS FALLING THE SKY IS FALLING!!!!


:jerkoff

directfiesta 12-24-2004 09:58 PM

Quote:

Originally Posted by ajpiii
Most companies buy their products or manufacture their products in third world countries like the Philippines or China... The value of the dollar hasnt changed there.

looking for the smiley that shows you rolling, holding your ribs and dying of laughter...

The dollar in China hasn.t changed ... LOL ...

Get an insrtruction while you still can ...

directfiesta 12-24-2004 10:01 PM

Quote:

Originally Posted by XxXotic
and you're still an idiot no matter what ethnicity it is

Ouch....

Touched a nerve there ...

You make a great point .. for discussion ....
:laughing-

Webby 12-25-2004 01:48 AM

Chichio:

Quote:

Perhaps the hahaha8220;ushahaha8221; vs. hahaha8220;themhahaha8221; feelings would be omitted from this debate if you didnhahaha8217;t preface your comments with how stupid Americans are. That kinda thing generally divides.
What I said was this:

Quote:

Ya gotta excuse em Battuss - they are just too retarded to have a clue when they live in dumbed-down lala land where the numbers of idiot breeding seem to have maxed out.
Look at the thread and absorb... it may help.

Do you see other people for other countries conduct themselves in such a pathetic fashion? Not anywhere near so often, else they too would be recommended to shut the fuck up and don't be so stupid.

Try thinking before opening your mouth and jumping on an instant defense bandwagon. Hell.. I would not give one toss if anyone criticised my country... why should I?? I have as much to be proud of as you in respect of "countries" - and that's damned little.

Sheesh... they never cease to amaze :-)

baddog 12-25-2004 02:23 AM

Quote:

Originally Posted by SexualRB
US needs to abolish the Federal Reserve and back the dollar by gold. Wont happen until the inflationary depression comes.


Won't happen ever. How can it?

potter 12-25-2004 02:28 AM

Quote:

Originally Posted by Harmon
Why do you people from countries outside of the United States constantly create threads with subjects about the US? If it is so fucking great where you are, just enjoy it. It sounds to me like jealousy and envy. Don't promote any US based affiliate programs any more. Just stay the fuck away with your almighty Euro. We all know where this will end up in the end.

I just find it so funny that people from these tiny hole in the wall countries will bitch and laugh at the US... until someone comes knocking on their doorstep (which will happen eventually). Who do you think these wannabes will call?

Uncle "MOTHER FUCKING" Sam, that's who :batman

I have to type something here so the gfy machine will accept my post.

Harmon 12-25-2004 07:29 AM

Quote:

Originally Posted by chemicaleyes
idiot :xmas-smil

A highly intelligent answer from a complete and total asshat. Did it hurt to be molested as a child? :uhoh

Pleasurepays 12-25-2004 07:44 AM

Quote:

Originally Posted by SexualRB
US needs to abolish the Federal Reserve and back the dollar by gold. Wont happen until the inflationary depression comes.


will it be magic gold? where will this trillions and trillions of dollars of gold come from?

Trax 12-25-2004 09:15 AM

most of the comments in this thread just make me laugh because they show what kind of brainless idiots post over here...
no clue about economics (let alone world economics).

the whole situation is a bubble just waiting to bust.

I remember that in early january 2004 I posted in a thread what analysts (whose opinions I always found to be convincing) said about the downfall of the dollar.. I stated that at the end of the year - in a worst case scenario - the dollar might stand as high as 1.35... back in the day everybody was laughing at me... would love to bump that thread now If I knew the url.

all you ignorant morons should learn to learn and face a fuckin fact... a weak dollar is not only bad for Europe or Canada!

Did you guys learn anything in school?

AkiraSS 12-25-2004 09:22 AM

Quote:

Originally Posted by Trax
most of the comments in this thread just make me laugh because they show what kind of brainless idiots post over here...
no clue about economics (let alone world economics).

the whole situation is a bubble just waiting to bust.

I remember that in early january 2004 I posted in a thread what analysts (whose opinions I always found to be convincing) said about the downfall of the dollar.. I stated that at the end of the year - in a worst case scenario - the dollar might stand as high as 1.35... back in the day everybody was laughing at me... would love to bump that thread now If I knew the url.

all you ignorant morons should learn to learn and face a fuckin fact... a weak dollar is not only bad for Europe or Canada!

Did you guys learn anything in school?


Currently I believe the States are in control of the situation and the weak dollar is kept low in order to lower the US Budget deficit. This is good for US exports, but, what does the US export anyways?

All this does is it hurts the EU economy, payback for not supporting Iraq?

Trax 12-25-2004 09:35 AM

Quote:

Originally Posted by AkiraSS
Currently I believe the States are in control of the situation and the weak dollar is kept low in order to lower the US Budget deficit. This is good for US exports, but, what does the US export anyways?

All this does is it hurts the EU economy, payback for not supporting Iraq?

the deficit surely is a factor... but you if you think the eu economy - iraq payback thing is true then you are one of those half-brained morons I mentioned in my earlier posts.

solonline 12-25-2004 09:37 AM

Our company has also sufferd with the low dollar rate when we export USD back to the EU.. and i think for euro webmasters it will get worse b4 it gets better. No point moaning or bitching about it... take some action!
We added 2.50 to most of our site memberships to ofset the cost. We tried in on a number of sites to see if it would effect sales... it didnt, cause we have a fucking great product and users didnt bitch. Those that questioned the hike in price were told the reason and most of em understood.
Plus look at billing in Euros or GBP ,,, its not easy but their are some options.
Everyone who has US connections but also has an EU interest is effected by this, and it comes down to market forces and those who are stable enough will survie. We happily will not only survive but will prosper in 2005 regardless of the dollar rate. My 10 cents ... now - turkey time.

baddog 12-25-2004 09:39 AM

Quote:

Originally Posted by Pleasurepays
will it be magic gold? where will this trillions and trillions of dollars of gold come from?


We will steal it from the Germans who stole it from the teeth of the jews they gassed at Treblinka, and Auschwitz

BVF 12-25-2004 09:46 AM

Quote:

Originally Posted by stev0
Where do you think US vendors and suppliers buy their products from? If it costs them more to buy their materials from canada, or products from overseas, it will cost you more too.

Example..
We provide alot of your power from up here in canada, if the US dollars is low you pay more for your electric bill.

Canada isn't europe and China isn't europe...Mexico isn't europe either. So what is your point again?

directfiesta 12-25-2004 10:30 AM

Quote:

Originally Posted by BVF
Canada isn't europe and China isn't europe...Mexico isn't europe either. So what is your point again?

Really ?????

Thanks for the info

Lykos 12-25-2004 11:42 AM

Yeap it's fucking sad...soon we will start to work all in euro....

grumpy 12-25-2004 12:19 PM

Quote:

Originally Posted by XxXotic
sad for who? europeans? i doubt anyone in the US gives a shit what other people's conversion rates are. 1$ is 1$ for us, regardless

Youre not the brightest on the block are you?

grumpy 12-25-2004 12:23 PM

Quote:

Originally Posted by AkiraSS
Currently I believe the States are in control of the situation and the weak dollar is kept low in order to lower the US Budget deficit. This is good for US exports, but, what does the US export anyways?

All this does is it hurts the EU economy, payback for not supporting Iraq?

Are you serious? Cant be.

Webby 12-25-2004 01:20 PM

grumpy:

Quote:

Are you serious? Cant be.
Agree... Can't think of much more banal and idiotic statement... sheesh, it's depressing realizing how way out some folks are from reality..

I sure hope GFY is not a mirror of an actual culture... else we are all fucked :-)

S P A N N O W 12-25-2004 01:20 PM

Merry Christmas to you! :thumbsup

Webby 12-25-2004 01:26 PM

And a Very Merry Christmas to you Spannow! :-)

And may you prosper like never before in the New Year - screw currencies!! :)

Paul 12-25-2004 02:34 PM

Quote:

Originally Posted by Webby
I sure hope GFY is not a mirror of an actual culture... else we are all fucked :-)

Looks like we are all fucked :upsidedow Merry Christmas Webby !! :smilie_we

Part-timer 12-25-2004 02:45 PM

Quote:

Originally Posted by AkiraSS
Damn 1euro = 1.35 USD
2 years ago
1 EURO = 0.8 usd

so sad.

After April 2005 it'll be 1EUR = 1.40 - 1.55 USD Believe it or not. Fuck US markets there is big markets in Europe and Asia
:winkwink:

AmeliaG 12-25-2004 02:47 PM

As an American, I am dismayed by the weakness of the dollar. It is a bummer to have European models be like, I'm only shooting with you because I like you because the weak dollar makes your rates lower. It is a drag to have European traffic sources less interested in sending to a program which pays out in dollars. Also, aside from some of the tangible economic reasons, I think it is kind of unpatriotic not to care.

Webby 12-25-2004 02:51 PM

Coatsy:

Quote:

Looks like we are all fucked Merry Christmas Webby !!
And A Very Merry Christmas to you Coasty?! :-)

Fuck em all until they can prove they are sane :-) Want another drink?

Webby 12-25-2004 03:07 PM

AmeliaG:

Quote:

As an American, I am dismayed by the weakness of the dollar. It is a bummer to have European models be like, I'm only shooting with you because I like you because the weak dollar makes your rates lower. It is a drag to have European traffic sources less interested in sending to a program which pays out in dollars. Also, aside from some of the tangible economic reasons, I think it is kind of unpatriotic not to care.
Understand you Amelia!

It's hard to say, but there is some prospect of improvement, - I know nothing, but it's obvious this is not going to happen unless some fairly rigid policies are adopted. The problem then is - I can't see anyone willing to adopt those policies which would be a little unpopular :-)

It's not just Euro currency rates that are the problem - there are also other continents to consider who have a rapidly growing net market potential.

My gut feeling, tho this seems to have started in a small way already is that if the dollar cannot be stabilized, sponsors will move out of the US or have "subsidiaries" elsewhere. There is little doubt Europe has an appeal, tho this is not in any way perfect - there are other more beneficial jurisdictions, - but can see an expansion of EU based processors, but perhaps not in the format of "third party processors" as we know them now.


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