Euro = 1.30 dollar

lol @ great for the u.s. economy.

Sure its great...for OUTSIDE INVESTORS. ( europeans corporations enjoy insane tax breaks while outsourcing jobs over to india.)
Sure its great....for europeans to enjoy great holiday getaways to the U.S.

SUre its great....the u.s. becoming a 3rd world country.

ITS GREAT!

well thats certainly true, when I enter the US my money instantly increases with 30% plus a lotta stuff is a lot less expensive in the US then in EU.

Does it hurt to be as dumb as you are?

ahh that's bad!

Euro is going rise up again

Na.. the Central Bank of China is the owner. China owns more of the US than any other country and is lending em even more - at the rate of $2-4 billion/daily (tho that's only around 22-28% of the daily US borrowings from other nations).

The simplified version is.... the US is a credit card holder, China (and others) are big bad VISA. VISA loves spenders - spend as much as you want and enjoy a lifestyle you can't afford or manage. But, when the card gets maxed out, - sorry folks - it's time to pass over your assets.

Any time the Central Bank of China choose to dump dollars, the scenario gets worse. They have been discreet about selling the US debt so far but are, in effect (along with other nations), the controllers of the US dollar.

The other "owner" of the dollar are oil-producing nations and OPEC. The day OPEC dream (that day has already come) of valuing oil in eg. Euro's instead of dollars and put this into effect, is the day the US economy goes into a rapidly downwards spiral.

The lowering of dollar value against other currencies at the moment has little to do with China or others. It appears to be more related to a failure in US economic performance. The White House recently downgraded US growth forecasts in the middle of a sharp slowdown in the housing market and giving markets a lack of confidence in the dollar.

For webamsters? Hell.. if you are pricing a paysite in dollars, - add and extra $10/month to memberships and bring this into line with other currencies you may have for payment options. Sure are hell that's what China will be doing when pricing their goods for US sale.

1.31 currently

the US dollar is seriously fucked

ok smart ass - tell me a nation with a decreasing nation average education level and narrow world view will REMAIN a world economic power.

won't happen.

ohhh wait - you're AMERICAN arn't you? that explains it....

you're supposed to invest 10 percent of your funds into gold to offset the falling dollar. silver would be a good idea also.

i bought 1000's of onces of silver when it was only $4 and change. now it's $13.50.

i started buying gold at $400 and change. now it's at $638. the more the $ drops, the more metals will go up.

These guys got my interested in investing.
http://www.hesradio.com/radioshows.html

Euro has been on a real roll for over a week now. Another big spike this morning too.

Sure... some of this has little to do with the dollar in particular. There are probably currency rises in both the Euro and GBP on the way - one factor is raising interest rates based on strongish real estate markets and better than average numbers in other markets.

The effect of that on the dollar is prob not so good eg would be no surprise to see GBP at $2 in the foreseeable future - it's currently around $1.93 ish.


PS This is getting an excellent time for buying asset value with Euro and UK currency where the assets are priced in dollars.

we are nearly $2 for every £1 its fucking shit, people will just move to euros and the $ will be even more fucked

this is why I sold prize.com and I am selling other shit

dolars will never worth more!
date CZK/USD:
27.11.2000 40,670 CZK / 1 USD
27.11.2003 26,911 CZK / 1 USD
27.11.2006 21,381 CZK / 1 USD

dolars permanently going to the shit, only one chance is change it to the my local currency ASAP and in the middle/long range propagate sponsors which charging in the EURO currency (my country will use EURO currency in the +- 2012 (in this time may be 1 USD +- 10 CZK))

Isn't problem, if i get 20 or 22 CZK per 1 USD, problem is, that i don't claim 40 as before 6 years, or 30 as in the 2003