US dollar - GoFuckYourself.com

HighRoller · 11-22-2007, 01:12 PM

https://youtube.com/watch?v=4n3g5lUgkWk

PornMogul · 11-22-2007, 01:14 PM

The us dollar is worth about what toilet paper is now

Violetta · 11-22-2007, 01:53 PM

watching now... can a currency crash?

tranza · 11-22-2007, 01:58 PM

We are all fucked...

rvincent · 11-22-2007, 02:17 PM

If you're american, it's high time you teach your kids to build toys...
Chinese and Indian kids will need some soon :-)

axelez · 11-22-2007, 02:18 PM

Quote:

Originally Posted by tranza

We are all fucked...

no kidding

$5 submissions · 11-22-2007, 02:19 PM

Quote:

Originally Posted by Rockatansky

watching now... can a currency crash?

Yes, it can. George Soros made a shitload off GBP's decline back in the day. He also was one of the first financiers to announce he will be betting against the dollar (around 2003 or 2004 I believe).

dready · 11-22-2007, 02:25 PM

Nice little clip.

$5 submissions · 11-22-2007, 02:27 PM

Quote:

Originally Posted by HighRoller

https://youtube.com/watch?v=4n3g5lUgkWk

Great video but I'm skeptical of what that bear investor is talking about re if US goes down, everyone goes up. He seems to be ignoring two things--global economics is not a ZERO SUM game (there IS such a thing as a growing pie instead of people competing over fixed pie slices) and much of China's future growth will be from DOMESTIC consumption not exporting.

greg80 · 11-22-2007, 02:33 PM

very nice clip, thanks for sharing

TTiger · 11-22-2007, 02:36 PM

Global Conspiracy Videos - Documentaries, Headlines, DVD's

http://www.globalconspiracyvideos.com/

sysk · 11-22-2007, 02:36 PM

Quote:

Originally Posted by rvincent

If you're american, it's high time you teach your kids to build toys...
Chinese and Indian kids will need some soon :-)

Xrated J · 11-22-2007, 02:37 PM

ouch....

RegUser · 11-22-2007, 04:52 PM

what I fail to understand is why is it so difficult to accept the reality
this bloody thing has been falling for past 7-10 years now
all other currencies are rising

why do ppl keep on asking if it will crash

why not
when

tell me when do you think when?

smutnut · 11-22-2007, 05:15 PM

The sky is falling! The sky is falling!

smutnut · 11-22-2007, 05:16 PM

Quote:

Originally Posted by rvincent

If you're american, it's high time you teach your kids to build toys...
Chinese and Indian kids will need some soon :-)

Then it will be our turn to poison them

fluffygrrl · 11-22-2007, 05:43 PM

It's pretty well crashed as it is lol. I remember when the euro was introduced, it got depreciated to shit, you could barely buy two dollars for three euros at some point. Ten years later, you're lucky if you find two euros willing to change for three dollars.

And I'd say the standards of living on either side of the Atlantic pretty well reflect that. It's not as striking as it could be, because the US population has softened somewhat the blow by using consumer debt, and the EU population includes a good 25M ex-east germans, + 50M poles, 25M romanians etc etc that shot up maybe 3-500% in those ten years, thus somewhat dampening the overall effect.

But if you travel over the Atlantic a lot and have for a while, it's quite visible how the europeans are ahead by about as much as the americans used to be.

Tempest · 11-22-2007, 05:43 PM

Quote:

Originally Posted by rvincent

If you're american, it's high time you teach your kids to build toys...
Chinese and Indian kids will need some soon :-)

No shit.. and there's what.. about 2 billion people in China and India compared to the 330 million in the US.. Going to be a HUGE market once they start getting lazy and want other countries to produce shit for them just like the US has.

smutnut · 11-22-2007, 05:51 PM

I still want to learn how to export the poisons. I think there could be some serious bucks in this along with some incidental payback

xroach · 11-22-2007, 05:57 PM

if only there was someone running for president that understood this shit and was fighting against it for decades...

oh wait...

ron paul 2008

xroach · 11-22-2007, 06:01 PM

Quote:

Originally Posted by smutnut

Then it will be our turn to poison them

do you think the

's add some validity to your ignorance ?

smutnut · 11-22-2007, 06:05 PM

Quote:

Originally Posted by xroach

do you think the

's add some validity to your ignorance ?

one can only hope. Here's a few more for you

xroach · 11-22-2007, 06:06 PM

Quote:

Originally Posted by smutnut

one can only hope. Here's a few more for you

obviously brilliant.

smutnut · 11-22-2007, 06:07 PM

Quote:

Originally Posted by xroach

do you think the

's add some validity to your ignorance ?

Just out of curiosity though, do you know what ignorance means, or is that like calling someone a fag when you meant to say pussy or something?

Just curious.

smutnut · 11-22-2007, 06:09 PM

Quote:

Originally Posted by xroach

obviously brilliant.

Why don't you enlighten us with some of your brilliance and explain the greater meaning of life?

BOSS1 · 11-22-2007, 06:14 PM

RON PAUL IS OUR ONLY CHANCE
https://youtube.com/watch?v=yAwvlDJgJbM

smutnut · 11-22-2007, 06:20 PM

Enough said I guess. Here's another one for you

woj · 11-22-2007, 06:51 PM

Quote:

Originally Posted by BOSS1

RON PAUL IS OUR ONLY CHANCE
https://youtube.com/watch?v=yAwvlDJgJbM

The guy just talks gibberish, inflation, bluh bluh, inflation... (kinda like most idiots here on gfy, except on gfy the catch phrase is "exchange rate")
to a lay-man it seems to make sense, but for fucks sake, the guy is a politician with a degree in medicine, what the fuck does he know about economics? He is trying to argue with the top economist in the US, who has been working in the field his whole life...

BOSS1 · 11-22-2007, 06:55 PM

Quote:

Originally Posted by woj

The guy just talks gibberish, inflation, bluh bluh, inflation... (kinda like most idiots here on gfy, except on gfy the catch phrase is "exchange rate")
to a lay-man it seems to make sense, but for fucks sake, the guy is a politician with a degree in medicine, what the fuck does he know about economics? He is trying to argue with the top economist in the US, who has been working in the field his whole life...

do you know he has written about decline of a dollar 20 years ago?

smutnut · 11-22-2007, 07:03 PM

Well the ULTIMATE IDIOT about the definition of ignorance just backed off proving his worthlessness I guess after spitting out his half a cent worth!

three more for ya!

GreyWolf · 11-22-2007, 07:08 PM

Quote:

Originally Posted by BOSS1

RON PAUL IS OUR ONLY CHANCE

That your little joke Boss?

No reflection on Paul, but it's going to take a lot more than just a new President to begin to get a grip on the economy - before even looking at the debt problem.

The problem facing any politician is delivering reality to an electorate and that's just not going to happen until a country is on the verge of recession. Far less chance of passing whatever laws are needed to enforce fiscal control.

No govt ever creates wealth - the most they can do is lay vague guidelines to aid wealth creation. Actual wealth comes from within - and little thanks to any govt for this.

woj · 11-22-2007, 07:13 PM

Quote:

Originally Posted by BOSS1

do you know he has written about decline of a dollar 20 years ago?

see, that's exactly what I'm talking about, "exchange rate" is getting brought up again... what does exchange rate have to do with anything? Price of tea in china may have gone up in the past 20 years too, but so what? It's easy to pick a few economic factors out of 100s put a tinfoil hat on, and start bitching that the sky is falling... I'm not an expert in economics, but last time I checked, the US economy in the past 20 years have been doing quite well... but yea, I agree there is some turbulence lately, situation in the world is a little uncertain, but US is no where close to being a sinking ship...

tony286 · 11-22-2007, 07:15 PM

I hope its not true.

Shagbunny · 11-22-2007, 07:18 PM

very interesting video, thx for sharing

xroach · 11-22-2007, 10:32 PM

Quote:

Originally Posted by smutnut

Well the ULTIMATE IDIOT about the definition of ignorance just backed off proving his worthlessness I guess after spitting out his half a cent worth!

three more for ya!

um, no. i just went out

you actually had to edit that post ?

why don't you explain to us how fractional reserve banking is sustainable then smart guy ?

Cash · 11-22-2007, 11:19 PM

Time for the US to change its currency to Euro ...

HighRoller · 11-23-2007, 12:06 AM

guess so

HighRoller · 11-23-2007, 12:13 AM

http://www.thetrumpet.com/index.php?q=4450.2718.0.0

xmas13 · 11-23-2007, 01:03 AM

Quote:

Originally Posted by Cash

Time for the US to change its currency to Euro ...

warlock5 · 11-23-2007, 01:06 AM

Quote:

Originally Posted by woj

see, that's exactly what I'm talking about, "exchange rate" is getting brought up again... what does exchange rate have to do with anything? Price of tea in china may have gone up in the past 20 years too, but so what? It's easy to pick a few economic factors out of 100s put a tinfoil hat on, and start bitching that the sky is falling... I'm not an expert in economics, but last time I checked, the US economy in the past 20 years have been doing quite well... but yea, I agree there is some turbulence lately, situation in the world is a little uncertain, but US is no where close to being a sinking ship...

I read The Economist every week. In the back of each issue they publish the price changes for commodities. Everything is up by double digits this year. Food alone is something like 25%.

We had a perfect storm, the United States spending a ton of money it doesn't have, while the rest of the world's wealth shoots upwards (partially driven by the United State's consumption, but not entirely, we only take in around 14% of the world's imports.)

In the 20th century the United States had a virtual monopoly on capital investment. Now that buying power has spread out across the rest of the world.

The middle and lower class in the United States are in for a very rough time. Not only does your buying power compete on a global market, so do your skills for your own personal income.

In one sentence: you are going to be paying more and receiving less, working harder and living smaller.

I'd suggest staying out of debt and holding well diversified income producing assets. And making as much fucking money as you can.

WWC · 11-23-2007, 01:10 AM

Its pretty bad!

xmas13 · 11-23-2007, 01:16 AM

I'll add my input, the Federal Reserve earns hundreds, trillions of dollars a year by financing international trade. If you want to buy oil in the Middle East or anywhere else in the world, you will have to buy USD from the US Central Bank.

The problem is, nobody knows who exactly owns the Federal Reserve, as it's a private corporation, it's said that Europeans are behind it.

And the other problem is, Chinese, Middle Easterners and others would like to end USD monopoly in international trade (not to switch to EUR but to a basket of currencies like the Pound, Yuan, Yen, Euro, Rouble etc), in this case we would be heading for a major USD devaluation AND depression, as the US could not afford 70% consumer spending anymore. USA GDP is 70% consumer spending.

xmas13 · 11-23-2007, 01:21 AM

The US dollar is going down because there are fears that oil producing countries in the Middle East are going to end USD currency monopoly in the international oil trade, and other countries break their pegs to the USD, like China, the largest exporter in the world.

xmas13 · 11-23-2007, 01:29 AM

The US Dollar is by far America's largest export product, but it doesn't show up in foreign trade balance.

The Federal Reserve is America's most successful private organization but it doesn't appear in Forbes rankings.

xmas13 · 11-23-2007, 01:36 AM

I think those conspiracy vids are all biased and one sided, and all bankers are dishonest.

xmas13 · 11-23-2007, 01:38 AM

The bankers interviewed are all liars like their counterparts telling the exact opposite. They are not in the 'know' at the banks where they work, only the very top of the management knows whats going on and they would never speak out against their own business.

xmas13 · 11-23-2007, 01:43 AM

A huge commercial or investment bank is like a secret intelligence agency, don't expect the management in the 'know' to ever speak out. They are similar to state or industrial secrets and can't be revealed to the public.

spunkmaster · 11-23-2007, 01:45 AM

Quote:

Originally Posted by RegUser

what I fail to understand is why is it so difficult to accept the reality
this bloody thing has been falling for past 7-10 years now
all other currencies are rising

why do ppl keep on asking if it will crash

why not
when

tell me when do you think when?

The US Dollar fell 46% between 1985 and 1995 and the result
was a 15 trillion dollar expansion in American wealth !

So far since 2003 US Wealth has gone up 11 Trillion Dollars !

US factories have been opening up all over the US the last two
years and this is bad for us how ?

You idiots that think a low dollar is bad for the US are stupid fucks !

spunkmaster · 11-23-2007, 02:03 AM

Quote:

Originally Posted by spunkmaster

The US Dollar fell 46% between 1985 and 1995 and the result
was a 15 trillion dollar expansion in American wealth !

So far since 2003 US Wealth has gone up 11 Trillion Dollars !

US factories have been opening up all over the US the last two
years and this is bad for us how ?

You idiots that think a low dollar is bad for the US are stupid fucks !

I forgot to add that when housing is added to the US Wealth the total is 22 Trillion since 2003.

So far inflation hasn't risen it's head so the Fed has 100-200 basis points to play with when lowering interest rates !

xmas13 · 11-23-2007, 02:14 AM

Public debt is reasonable, consumer debt is extremely high, but it's offset by the USD currency status in the world. Debt is money, debt is most of the world's money, the more debt the richer you are.

If you visited any emerging country before the credit boom, and after, you will know what i'm talking about.

11-22-2007, 01:12 PM	#1
HighRoller Confirmed User Join Date: Feb 2003 Location: MN Posts: 1,037	US dollar https://youtube.com/watch?v=4n3g5lUgkWk

11-22-2007, 01:53 PM	#3
Violetta Affiliate Join Date: Jul 2004 Posts: 28,735	watching now... can a currency crash? __________________ M&A Queen

11-22-2007, 01:58 PM	#4
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	We are all fucked... __________________ I'm just a newbie.

11-22-2007, 02:17 PM	#5
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11-22-2007, 02:25 PM	#8
dready Confirmed User Industry Role: Join Date: Oct 2002 Location: Toronto, ON Posts: 5,247	Nice little clip. __________________ ICQ: 91139591

11-22-2007, 01:14 PM	#2
PornMogul Confirmed User Join Date: May 2007 Location: LA Posts: 1,495	The us dollar is worth about what toilet paper is now

11-22-2007, 02:33 PM	#10
greg80 Confirmed User Industry Role: Join Date: May 2007 Posts: 1,644	very nice clip, thanks for sharing __________________ Say no to GoDaddy and high renewal prices! Go with NameSilo - FREE private whois for life, $8.99 regstrations and renewals. Free redirects, emails, great control panel and more! NameSilo rocks!

11-22-2007, 02:36 PM	#11
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11-22-2007, 02:37 PM	#13
Xrated J Confirmed User Join Date: Sep 2006 Location: Daytona Beach Posts: 4,347	ouch....

11-22-2007, 04:52 PM	#14
RegUser Confirmed User Join Date: Nov 2004 Posts: 1,472	what I fail to understand is why is it so difficult to accept the reality this bloody thing has been falling for past 7-10 years now all other currencies are rising why do ppl keep on asking if it will crash why not when tell me when do you think when?

11-22-2007, 05:15 PM	#15
smutnut So Fucking Banned Industry Role: Join Date: Jul 2007 Location: Babylon Posts: 5,889	The sky is falling! The sky is falling!

11-22-2007, 05:43 PM	#17
fluffygrrl So Fucking Banned Join Date: May 2006 Posts: 2,187	It's pretty well crashed as it is lol. I remember when the euro was introduced, it got depreciated to shit, you could barely buy two dollars for three euros at some point. Ten years later, you're lucky if you find two euros willing to change for three dollars. And I'd say the standards of living on either side of the Atlantic pretty well reflect that. It's not as striking as it could be, because the US population has softened somewhat the blow by using consumer debt, and the EU population includes a good 25M ex-east germans, + 50M poles, 25M romanians etc etc that shot up maybe 3-500% in those ten years, thus somewhat dampening the overall effect. But if you travel over the Atlantic a lot and have for a while, it's quite visible how the europeans are ahead by about as much as the americans used to be.

11-22-2007, 05:51 PM	#19
smutnut So Fucking Banned Industry Role: Join Date: Jul 2007 Location: Babylon Posts: 5,889	I still want to learn how to export the poisons. I think there could be some serious bucks in this along with some incidental payback

11-22-2007, 05:57 PM	#20
xroach Confirmed User Join Date: Feb 2002 Location: vancouver, bc Posts: 963	if only there was someone running for president that understood this shit and was fighting against it for decades... oh wait... ron paul 2008

11-22-2007, 06:14 PM	#26
BOSS1 Confirmed User Join Date: Sep 2005 Location: Montreal / Sparta Posts: 4,331	RON PAUL IS OUR ONLY CHANCE https://youtube.com/watch?v=yAwvlDJgJbM __________________ NEW SITE: Stockings Kingdom Lesbians in Latex, Lesbians in Stockings, Granny Sex, BDSM Porn, Latex and Sex, Custom Foot Fetish, Femdom Movies and Kinky Porn Pass. 300+ hosted flvs, 500+ hosted galleries, Page Peel ADs.. NATS export and payouts twice a month

11-22-2007, 06:20 PM	#27
smutnut So Fucking Banned Industry Role: Join Date: Jul 2007 Location: Babylon Posts: 5,889	Enough said I guess. Here's another one for you

11-22-2007, 07:03 PM	#30
smutnut So Fucking Banned Industry Role: Join Date: Jul 2007 Location: Babylon Posts: 5,889	Well the ULTIMATE IDIOT about the definition of ignorance just backed off proving his worthlessness I guess after spitting out his half a cent worth! three more for ya! Last edited by smutnut; 11-22-2007 at 07:05 PM..

11-22-2007, 07:15 PM	#33
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	I hope its not true.

11-22-2007, 07:18 PM	#34
Shagbunny Confirmed User Industry Role: Join Date: Oct 2007 Location: wut Posts: 3,028	very interesting video, thx for sharing

11-22-2007, 11:19 PM	#36
Cash Click on my TCG signature Join Date: Feb 2002 Posts: 20,825	Time for the US to change its currency to Euro ... __________________ $9.95/month for 15000 GB bandwidth monthly, unlimited (sub)domains and MySQL5, PHP4/5, 500 GB disk storage! ; use any of these invitation codes: 216263692101; 408636009193; 846090586647; my ICQ 30160426!

11-23-2007, 12:06 AM	#37
HighRoller Confirmed User Join Date: Feb 2003 Location: MN Posts: 1,037	guess so

11-23-2007, 12:13 AM	#38
HighRoller Confirmed User Join Date: Feb 2003 Location: MN Posts: 1,037	http://www.thetrumpet.com/index.php?q=4450.2718.0.0

11-23-2007, 01:10 AM	#41
WWC #1 Adult Content Provider Join Date: Jul 2003 Location: Glendale, Ca Posts: 11,577	Its pretty bad! __________________ [email protected] ICQ : 494-353-230 Follow WWC on Twitter CLICK HERE! " CONTENT PROVIDER OF THE YEAR! " ~ 2007 , 2008 & 2009 XBIZ AWARDS WINNER! .......www.WorldWideContent.com / www.WorldWideFeeds.com...... WWC Nominated " Content Licensor of The Year " 2010 XBiz Awards !!!

11-23-2007, 01:16 AM	#42
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	I'll add my input, the Federal Reserve earns hundreds, trillions of dollars a year by financing international trade. If you want to buy oil in the Middle East or anywhere else in the world, you will have to buy USD from the US Central Bank. The problem is, nobody knows who exactly owns the Federal Reserve, as it's a private corporation, it's said that Europeans are behind it. And the other problem is, Chinese, Middle Easterners and others would like to end USD monopoly in international trade (not to switch to EUR but to a basket of currencies like the Pound, Yuan, Yen, Euro, Rouble etc), in this case we would be heading for a major USD devaluation AND depression, as the US could not afford 70% consumer spending anymore. USA GDP is 70% consumer spending. __________________ ICQ 557504926 Last edited by xmas13; 11-23-2007 at 01:17 AM..

11-23-2007, 01:21 AM	#43
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	The US dollar is going down because there are fears that oil producing countries in the Middle East are going to end USD currency monopoly in the international oil trade, and other countries break their pegs to the USD, like China, the largest exporter in the world. __________________ ICQ 557504926

11-23-2007, 01:29 AM	#44
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	The US Dollar is by far America's largest export product, but it doesn't show up in foreign trade balance. The Federal Reserve is America's most successful private organization but it doesn't appear in Forbes rankings. __________________ ICQ 557504926 Last edited by xmas13; 11-23-2007 at 01:31 AM..

11-23-2007, 01:36 AM	#45
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	I think those conspiracy vids are all biased and one sided, and all bankers are dishonest. __________________ ICQ 557504926

11-23-2007, 01:38 AM	#46
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	The bankers interviewed are all liars like their counterparts telling the exact opposite. They are not in the 'know' at the banks where they work, only the very top of the management knows whats going on and they would never speak out against their own business. __________________ ICQ 557504926 Last edited by xmas13; 11-23-2007 at 01:39 AM..

11-23-2007, 01:43 AM	#47
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	A huge commercial or investment bank is like a secret intelligence agency, don't expect the management in the 'know' to ever speak out. They are similar to state or industrial secrets and can't be revealed to the public. __________________ ICQ 557504926 Last edited by xmas13; 11-23-2007 at 01:45 AM..

11-23-2007, 02:14 AM	#50
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	Public debt is reasonable, consumer debt is extremely high, but it's offset by the USD currency status in the world. Debt is money, debt is most of the world's money, the more debt the richer you are. If you visited any emerging country before the credit boom, and after, you will know what i'm talking about. __________________ ICQ 557504926