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-   -   americans, your dollar SUCKS (https://gfy.com/showthread.php?t=771487)

GreyWolf 09-28-2007 10:39 PM

Quote:

Originally Posted by Compdoctor (Post 13160360)
Sorry for you luck, but the dollar works great over here. I go to the store, and things cost the same, gas prices are going down, and shit, even weed has gone down in price. Guess your in the wrong nick of the woods!

Kinda myth man - considering the US imports more than it ever exports and these imports are being paid for by a currently weak dollar - this is costing more dollars and will cost the end user/consumer more.

pocketkangaroo 09-28-2007 10:56 PM

Quote:

Originally Posted by GreyWolf (Post 13160684)
Kinda myth man - considering the US imports more than it ever exports and these imports are being paid for by a currently weak dollar - this is costing more dollars and will cost the end user/consumer more.

That is why a weak dollar isn't bad for Americans. It lowers imports, increases exports, and brings more jobs into the US. The dollar was overvalued for awhile here, things are starting to even out.

2012 09-28-2007 11:13 PM

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GreyWolf 09-29-2007 03:35 AM

Quote:

Originally Posted by pocketkangaroo (Post 13160707)
That is why a weak dollar isn't bad for Americans. It lowers imports, increases exports, and brings more jobs into the US. The dollar was overvalued for awhile here, things are starting to even out.

Well... if you want to pay with a weaker dollar, of course it costs more in actual real value - manufacturers in other countries are not interested in quoting weak dollars - hence it will cost more for imports.

It sure as hell has no hope of "lowering imports" - imports continue to cost stupid levels and totally unsustainable. That is one of the major core problems with the US economy at this time and reflected in weaker dollar value.

Exports in theory should work - the only problem with that is there is little to export - it's mainly imported and consumed on credit.

It may be worth mentioning the US has never had a trading surplus for almost 40 years and has gradually built a staggering international debt - the economy is unreal and totally unsustainable. The core problem for the weak dollar is debt - volumes of it and little prospect of repayment on the horizon.

It will be a few decades before anything evens out - assuming there was a desire and ability to even address that. Meanwhile, bets on, it will get far worse before it gets any better.

Blingbaby 09-29-2007 04:47 AM

Quote:

Originally Posted by xmas13 (Post 13137122)
Another Californian retard, so now Iraq is responsible for the subprime mortgage loan crisis in SoCal?

You started borrowing decades ago, before Bush Sr. became president, and Saddam was still fighting Iranians.

Now you have got to pay your 20-30 years of accumulated debt (60% of the world's debt for 4.5% of the population).

Fucking retard, u deserve to be a fucking homeless like all your fucking neighbours.

I can't believe everyday here we have another asshole putting the blame on Iraq and the war for your fucking credit card/ mortgage/ car loans.

What does it have to do with Bush and Iraq or even politics?

It's you the fucking problem, the boys are down there in Iraq so you can fill up your fucking gas tank.

Asshole.

Another right wing nazi who thinks spitting out insults will help prove a point he doesn't have..


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