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-   -   Euro = 1.30 dollar (https://gfy.com/showthread.php?t=680402)

dig0 04-20-2007 01:43 AM

Bets? I think it will go all the way up to 1.45 and then gradually roll back.

Webby 04-20-2007 02:20 AM

Quote:

Originally Posted by dig0 (Post 12284370)
Bets? I think it will go all the way up to 1.45 and then gradually roll back.

Na... joking on the $10 rate....

Seriously.... prob a stable 1.50 by the end of next year (that's allowing some leeway) and.... crystal ball time, depends on the US, but overall, suspect there will be a decline in the dollar value for up to ten years yet.

Prob the core problem is going to be with, not only the US, but other western industrialized countries - and a lack of anything to offer on the international market which can compete with the growing economy in Asia.

Ron2k1 04-20-2007 02:35 AM

The dollars has been a 'world' currency for more then a century, but those days are over now FOREVER.

I'm not really sure if that's a good or a bad thing though...

Webby 04-20-2007 02:49 AM

Quote:

Originally Posted by Ron2k1 (Post 12284499)
The dollars has been a 'world' currency for more then a century, but those days are over now FOREVER.

I'm not really sure if that's a good or a bad thing though...

"World currency?" Hell... never used dollars till living in Fla. Forever is prob the keyword there - can't see that changing and magically reversing it's tend - smell that day is over, but will still be valid to a degree on the international market.

Mmmm... it would prob have been a good thing generally if there was a chance of stability - suspect now the next load of bullshit will be based on the Euro. There are dangers in a "transitional phase" if this is done too quickly tho...

VicD 04-20-2007 02:57 AM

4 years ago it was almost equal...

Egomancer 04-20-2007 05:05 AM

It is not even funny, in Romania USD devaluated with 4% in 2 weeks. Lower value for USD means 2 things:

1. USA will not be able to invest outside the border to keep their products on par with EU
2. EU companies will buy the US companies - which means that US citizens will be 'slaves' for the EU citizens.

Anyway, USA is fucked - big time. If the USD falls 10% more (which I really fear that may happen the next weeks) then goverments will start selling USD. If they sell, then USA defaults and then there is going to be war (I am not kidding here). So pray that USD does not fall more - the truth is that no one wants war and no one wants the USD to go down...

Egomancer

Webby 04-20-2007 05:21 AM

Quote:

Originally Posted by Egomancer (Post 12284885)
Anyway, USA is fucked - big time. If the USD falls 10% more (which I really fear that may happen the next weeks) then goverments will start selling USD. If they sell, then USA defaults and then there is going to be war (I am not kidding here). So pray that USD does not fall more - the truth is that no one wants war and no one wants the USD to go down...

Na :winkwink: ... not that bad man and no war - who cares enough? The US is not likely to "default" as such - if anything it will take longer to happen (always does with a screwed corp - the "management" live in lala land while they hope to limit the damage and rise from the ashes), - prob a gradual continuation of the trend over the last few years.

Currencies like the Euro are forecast to rise "naturally" by another 5% by the year end - nothing to do with the dollar, - but that will obviously put more pressure on the dollar.

China is a major player in this - they are very slowly dumping dollars but plenty more to go. The current value of the dollar is not gonna please em. Interesting attitude they have with the US - there was a car trading deal recently - the US put.. think 2% import tax on Chinese imported vehicles and China slapped 25% on US car imports - that's kinda confident :winkwink: They don't give a shit.

badgergroup 04-20-2007 08:18 AM

Quote:

Originally Posted by Webby (Post 12284521)
"World currency?" Hell... never used dollars till living in Fla. Forever is prob the keyword there - can't see that changing and magically reversing it's tend - smell that day is over, but will still be valid to a degree on the international market.

Mmmm... it would prob have been a good thing generally if there was a chance of stability - suspect now the next load of bullshit will be based on the Euro. There are dangers in a "transitional phase" if this is done too quickly tho...

You realize, 70% of the world's money is in USD?

Webby 04-20-2007 06:42 PM

Quote:

Originally Posted by badgergroup (Post 12285536)
You realize, 70% of the world's money is in USD?

Oh.. got no doubts that is possible :1orglaugh They just keep printing more and moving bullion to China - it's called a "monetary policy" *lol*

Fat difference the fantasy world on US share earning time made today - Euro 1.36 and GBP 2.004.

polish_aristocrat 09-11-2007 01:10 PM

1.38......

tranza 09-11-2007 01:26 PM

Quote:

Originally Posted by polish_aristocrat (Post 13073009)
1.38......

That's fucked up.......

:(

Dirty F 09-11-2007 01:29 PM

God i cant believe i was so pissed already when it hit 1.30. 1.30 would be awesome right now. This is just insane. The dollar loses more value than money in most 3rd world countries.

GAMEFINEST 09-11-2007 01:32 PM

that is craziiii

Vick! 09-11-2007 01:40 PM

Quote:

Originally Posted by polish_aristocrat (Post 13073009)
1.38......

1.383

long live USA ..

I guess the path US have chosen will lead it to 1 EUR = 2 USD

american pervert 09-11-2007 01:52 PM

Quote:

Originally Posted by SleazyDream (Post 11384693)
Ask an average american if they have traveled - they talk about travel WITHIN the USA - ask an average europen if they have traveled and they dont' even consider it travel if it's within their own country.
term.


this isnt fair. the usa is much larger than europe is. so travel from the east to west coast is almost like traveling across 4 countries.

and granted, traveling within the usa to other parts is at times like visiting another country

teomaxxx 09-11-2007 03:30 PM

Dolar has depreciated against our currency (CZK) around 32% in past 4 years, while prices of everything almost doubled, eg. 4 years ago, I could buy a 2 beers in restaurant for a dollar, now I would be lucky to buy just one for a dollar or 1km of taxi ride costed here less then 0.70 cents, now it costs around 1.50 usd.

I was a king here with my adult income 4 years ago, now together with my laziness I am slowly going to the average income (which has significantly increased)

I only hope that the probable rat cut is already counted in current value of dollar

baddog 09-11-2007 03:33 PM

Quote:

Originally Posted by american pervert (Post 13073211)
this isnt fair. the usa is much larger than europe is. so travel from the east to west coast is almost like traveling across 4 countries.

yeah, if one is Russia.

peterk 09-11-2007 03:53 PM

The $ went down for the last years and it is bad for all of us. I guess we are into the same shit :(

Deputy Chief Command 09-11-2007 03:55 PM

Quote:

Originally Posted by peterk (Post 13073706)
The $ went down for the last years and it is bad for all of us. I guess we are into the same shit :(


not really .. all the money I make is in euro's so if I go to the states I can get everything like REAL cheap

the low dollar is good for tourism and export . .

$5 submissions 09-11-2007 03:57 PM

You and me both, Franck. I live in the Philippines. The exchange rate to the dollar dropped from 56 to as low as 45.7 to 1 USD. I share your pain.

Klen 09-11-2007 04:03 PM

All international webmasters will be totaly fucked.I just take a look howmuch dollar was worth before 7 years.Then for one dollar you could get 7.6 HRK , now you can get only poor 5.4 HRK.

HomerSimpson 09-11-2007 04:13 PM

euro rocks :thumbsup

usd sucks

ask Bush why?
(it's only in last 4 years)

nico-t 09-11-2007 04:26 PM

http://charts.quintrics.nl/charts/2313425.png

:Oh crap:Oh crap:Oh crap

halfpint 09-11-2007 04:33 PM

This is bad news for affliates in the UK When you get programs say they are paying $40 per sign up, The GB webmasters only end up with £19 per sign up which is just nothing, This is not good at all and I wonder if it is worth signing up to afflaite programs who only pay out in USD.:(

Vick! 09-12-2007 04:54 PM

Quote:

Originally Posted by polish_aristocrat (Post 13073009)
1.38......

1.39

___________

ProducerCashDave 09-12-2007 05:20 PM

God dayum

pocketkangaroo 09-12-2007 05:32 PM

I think the dollar will rebound when we go through the recession.

Zuss 09-14-2007 09:15 AM

http://www.iht.com/articles/2007/09/13/news/econ.php

Quote:

"This is all pointing to a greatly increased risk of a fast unwinding of the U.S. current account deficit and a serious decline of the dollar," said Kenneth Rogoff, a former chief economist at the International Monetary Fund and an expert on exchange rates. "We could finally see the big kahuna hit."
and..

Quote:

While most economists just a few months ago would have dismissed the prospect of a dollar collapse outright, they now are debating the possibility that something on par with the dollar debacle of the 1970s might just happen again.

gooddomains 09-14-2007 09:55 AM

1.40 .

Zuss 09-14-2007 10:54 AM

1usd = 1cad

polish_aristocrat 09-20-2007 01:32 AM

1.40474...

Zuss 09-20-2007 03:15 AM

Quote:

Saudi Arabia has refused to cut interest rates in lockstep with the US Federal Reserve for the first time, signalling that the oil-rich Gulf kingdom is preparing to break the dollar currency peg in a move that risks setting off a stampede out of the dollar across the Middle East.
Quote:

"They were willing to provide the money when rates were paying nicely, but why bear the risk in these dramatically changed circumstances? We think that a fall in dollar to $1.50 against the euro is not out of the question at all by the first quarter of 2008," he said.
http://www.telegraph.co.uk/money/mai...cnsaudi119.xml

teomaxxx 09-28-2007 03:38 PM

1.42 , I guess everyone wish now, it was only 1.30...dollar is in free fall in last few days.

Rui 09-28-2007 04:29 PM

Guess European people just have to get some of their earnings in Euros and keep the USD in a USD bank account for a crapload of years hoping for better days...

advokat 10-31-2007 11:20 AM

update

1.45


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