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-   -   Dollar is in deep shit... (https://gfy.com/showthread.php?t=602911)

Jensen 04-27-2006 08:02 AM

Dollar is in deep shit...
 
fuck Ben Bernanke ... dollar is dropping like a stone and keeps hitting new lows daily.. :Oh crap .. down 6% versus our krone and is down a whole 1% versus the euro since he started his speech to the senate..

Raf1 04-27-2006 08:25 AM

yeah. I noticed the dollar drop quite a bit today. It's pretty fucked up...

CheneyRumsfeld 04-27-2006 08:27 AM

thats good

Dirty F 04-27-2006 08:27 AM

Holy shit

www.xe.com

Thats crazy!!!

digifan 04-27-2006 08:37 AM

Damn.. the conversion ratios are even worse checking at yahoo finance.

NinjaSteve 04-27-2006 08:51 AM

US and Candian dollar is almost equal now.

Makingcoin 04-27-2006 08:55 AM

Quote:

Originally Posted by NinjaSteve
US and Candian dollar is almost equal now.

Fack :mad:

RogerV 04-27-2006 08:55 AM

the only place the dollar is worth a shit anymore is in 3rd world countries now.

America is going to shit compared to the rest of the world

Sammy4u 04-27-2006 08:57 AM

The dollar is sinking fast and it is a shame. Everytime I convert my funds I just cringe. :(

slapass 04-27-2006 09:03 AM

Quote:

Originally Posted by RogerV
the only place the dollar is worth a shit anymore is in 3rd world countries now.

America is going to shit compared to the rest of the world

Nope we even suck in those. Brazil we lost 33% in the last 2 years or so.

Bryan G 04-27-2006 09:06 AM

Dollar's Great for us :)

Pornwolf 04-27-2006 09:12 AM

Dollar usually gets in deep shit but he gets out of it by the end of the story.

http://www.victorianconnectiongifts...._D_H/do_06.jpg

Bryan G 04-27-2006 09:17 AM

Thank the man himself.......

http://content.answers.com/main/cont...rge_w_bush.jpg

Dirty Dane 04-27-2006 09:32 AM

At least some costs are going down too :upsidedow

Time for renew domains, licenses etc :pimp

Dollarmansteve 04-27-2006 09:38 AM

have you seen the US current account deficit? I'd want a weak dollar too....

jacked 04-27-2006 09:39 AM

doesn't look like the value of the dollar is going up anytime soon

Marshal 04-27-2006 09:51 AM

Quote:

Originally Posted by jacked
doesn't look like the value of the dollar is going up anytime soon

why do you think so? there would be a new war in iran...

loverboy 04-27-2006 09:57 AM

http://i18.photobucket.com/albums/b1...ush_warhuh.jpg

:smokin

directfiesta 04-27-2006 10:03 AM

Quote:

Originally Posted by Dollarmansteve
have you seen the US current account deficit? I'd want a weak dollar too....

Why ?

So it takes more US$ to repay the debt ....

WWC-Pajio 04-27-2006 10:11 AM

Quote:

Originally Posted by loverboy


hehehe... that's a good one! :thumbsup

w0rstluk 04-27-2006 11:04 AM

paijo your sig links to
http://<font%20color="blue">www.worldwidefeeds.com</font>
you should fix it:P

Yucky Smurf 04-27-2006 11:14 AM

Told you fools long ago that the u.s. is becoming a 3RD world economy.

you can thank the illegals for that. Now americans will be the illegals when they go to europe to slave for 2 bucks an hour in euro so they can send it back as usd and live like kings!

better learn how to fuckin iron and clean toilets. AND PRACTICE SUCKING COCK ALSO:1orglaugh :1orglaugh :1orglaugh


Quote:

Originally Posted by Jensen
fuck Ben Bernanke ... dollar is dropping like a stone and keeps hitting new lows daily.. :Oh crap .. down 6% versus our krone and is down a whole 1% versus the euro since he started his speech to the senate..


Dollarmansteve 04-27-2006 11:24 AM

Quote:

Originally Posted by nettrust
why do you think so? there would be a new war in iran...

oops.. replied to wrong post..

Dollarmansteve 04-27-2006 11:25 AM

Quote:

Originally Posted by directfiesta
Why ?

So it takes more US$ to repay the debt ....

eco101: I said current account deficit, not budget deficit. The current account deficit is the result of an imbalance in trade, and the US is a net debtor to the rest of the world primarily because, in the simplest of layman's terms, they import a fuck of a lot more than they export.

Dark|Jedi 04-27-2006 11:39 AM

Fuck the green, gimme some real money

http://img174.imageshack.us/img174/6696/image0032qb.jpg

stereolab 04-27-2006 11:46 AM

it's a tax on the rest of the world that needs to stockpile dollars to buy oil. if we tank the value of those dollars, it basically taxes those countries and makes it more expensive for them to buy oil. as long as oil is priced in dollars, america will have economic hegemony.

any country that threatens to start pricing in Euros will be a target.

Google: Iran Oil Bourse

The Other Steve 04-27-2006 12:00 PM

Yep - as your dollar goes down the price of oil goes up and George can have as many investigations into the price of gas that he wants and it still won't stop the price going up.

directfiesta 04-27-2006 12:07 PM

Quote:

Originally Posted by Dollarmansteve
eco101: I said current account deficit, not budget deficit. The current account deficit is the result of an imbalance in trade, and the US is a net debtor to the rest of the world primarily because, in the simplest of layman's terms, they import a fuck of a lot more than they export.

Catchup class for ECO101 :

Since the US import more than export, as the dollar falls:

- Import cost more ( example: wood from canada 1.00 Can = cost before 0.55 US, now 0.85 US )
- Export brings in the same 1.00 , but cost less to foreigners ....

A low currency is good for an exporting country. :2 cents:

Bluecircle 04-27-2006 12:17 PM

Quote:

Originally Posted by Dark|Jedi
Fuck the green, gimme some real money

img174.imageshack.us/img174/6696/image0032qb.jpg[/img]

I have that same keyboard! :winkwink:

Tapaz 04-27-2006 12:25 PM

every time I cash my e pass is less and less... and I m in euroland of course...

Pornwolf 04-27-2006 12:26 PM

The Iranian president is crazy... like a fox.

crodj 04-27-2006 12:29 PM

American Dollar
 
America is still kickin asss. You try living in those third world countries. Even though the Euro is strongeer than the American Dollar, Try living in Europe and earning the equivalent there what you earn here. Its Damn Near impossible.

Violetta 04-27-2006 12:46 PM

Quote:

Originally Posted by Platinum Bryan

:1orglaugh

Dollarmansteve 04-27-2006 01:14 PM

Quote:

Originally Posted by directfiesta

A low currency is good for an exporting country. :2 cents:

precisely. In order for the United States to reduce their current account deficit they need to close the gap between their imports and exports. A weaker dollar means

- more expensive imports ---> LESS $$ imports
- more competitive US products on the international market ---> more $$ exports

----> shrinking trade gap -----> reducing current account balance.

madawgz 04-27-2006 01:16 PM

the conversions are almost equal......

SolidScripting 04-27-2006 01:18 PM

Quote:

Originally Posted by Platinum Bryan


Would love to hear from some Bush supporters here how this has nothing to do with his office.

:/

Big Fish 47 04-27-2006 01:22 PM

Send all your dollars to me!

MontrealPimp 04-27-2006 01:30 PM

1 USD = 1.12292 CAD

Thats awesome, time to pay a visit to the conversion counter.. This is the best news all day.

Ace_luffy 04-27-2006 01:51 PM

almost equal now......

Jensen 04-28-2006 01:50 AM

keeps dropping versus our krone.. down .6% since I went to bed 10 hours ago :/ ... how is it doing versus the euro?


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