Buy Gold and dont worry about the dollar does.

:1orglaugh :1orglaugh :1orglaugh

Splum where are you I need you to read my post about the US. :1orglaugh

Makes me sad just looking at the number chart :(

I'd sure like to see the U.S. dollar go up again.

Hell no! Let's get this right :winkwink:

Because the US dollar gets kinda screwed is not any reason for anyone else to take a cut in their earnings. The same applies to eg.. any product imported to the US - basically it costs more.

The world is not gonna take a price cut because the dollar drops - would you cut your costs if eg the Euro dropped? I don't think so :winkwink:

One bit that is possible... and on the table already, is the prospect of further reductions in the dollar. That is one dangerous load of crap and the clock is running on this - let's hope it does not happen.

What a very stupid comment with absolutely no understanding of business. Anyone successful in business will already have 'slashed expenses' if they have just an ounce of sense simply to make their profits as high as possible without the dollar entering into the equation.

Like it or not a weak dollar has a knock-on effect which will include some big price hikes for many goods in the USA if left unchecked. It's not only those outside the USA paid in dollars that need to worry about it.

Hello Paul ;)

well the dollar to euros also sucks...
1 Euro = 1.2763 U.S. dollars

Agree John! The currency imbalances on the porn biz is miniscule in comparison to the underlying major problem.

OK.. Only my :2 cents: worth, but smelling more and more there are going to be some very substantial changes in lifestyle soon (hell.. the ball is already rolling) and can see the dollar dropping substantially more in the years ahead. Until the ... almost "national credit card" is terminated and borrowing from other nations is vastly reduced (currently around $10 bill/day) and a reduction of trade deficits starts - there is little hope of much improvement. It's already not sustainable.

The problem is a simple one for those confused about why it should mean a hike. These days a HUGE percentage of goods are made outside of the USA, most in the Far East. The 'normal' currency for payment of these goods is the dollar. With the dollar worth a lot less for prolonged periods, manufacturers in the Far East must raise prices to compensate as their own bills are for the most part paid in local currency.

If you delve deeper into global economics there are even more knock-on effects but they are more difficult to explain and also better left to those studying economics these days that have a clue (amazing how many taking a course like that at college don't have much of a clue) rather than my own babbling.

50!!!!!!!!!!!!!!!!!!!!!

fuck you woj.....

:1orglaugh

Dunno whether it's realistic or not (never had the time to dig in deep and check)... but China was being asked to devalue their currency to make it easier for the US, but, least so far, they have refused. Suppose China is also thinking of the other markets they trade with and the effects on them.

At the same time, the US is borrowing between $2-$4 billion/day from the Central Bank of China which seems to be around 20+% of US international borrowings. It really does not take a braincell to see that this is unsustainable - especially when there has not been a trading surplus since the 60's.

It is absolutely vital there is some fiscal policy in place or else the whole economy will end up suffering badly. Sadly, right at this moment - there appears to be little prospect of that happening.

I continue to find the size of the Chinese debt, that fact that it continues to grow and that the US government does not see it as a problem simply amazing. It's lucky that it's not like property and the Chinese can't simply call it in and sieze the assets i.e. the USA :1orglaugh However, as you know there are many other implications of owing that much. Amazing that not too long ago 'communists' were being hunted down and now the government happily borrows from them :0

Of course talking about facts and the US economy is 'bashing the USA' so perhaps we should stop? God forbid something that affects everyone is discussed by non-Americans. But then thankfully very few people in the USA are as dumb as Spludge or whatever the idiot's called.

Let's put it this way - If you were running a corp on this basis - you'd prob be thinking of winding it up :)

Yea.. the "US bashing" stuff really only comes from.. dunno.. an "element". Still really don't understand that. I'd not be giving a shit if a country I was in was being discussed or even blasted - especially when it's just common sense. US folks I know sure ain't like that "element".

Let's hope there is some action from "somewhere" that can at least slow the spiral - it's too much to ignore, both within the US and internationally. Time will tell :)

Retire Dubiya and dollar grows up again :pimp

Yes same in Russia dollar dropped and we basicluy have expence rise for 30%

Splum is an idiot, one of those 'one liners '.

He has and will slander ( or libel, whatever ...) soimeone based on his stupid perception of ' don't say bad about my USA ', even tough he has no brain cells that even start comprehending the situation...

Conclusion: he is a moron.