US Dollar is fucked up big time
 

http://www.signonsandiego.com/news/b...1b9dollar.html


:helpme

Well it's a good thing for me, none of my investments are in USD.

and at the moment it seems there will be no end of th falling of the $ Us
It's a piity, because nobody really things the European Bizz is much better at the moment, except the bankers :mad:

usd is turning into a 3rd world country currency

I like it.

It's fallen some against the Can.$ You have George W. to thank.

Now that is breaking news.

my stocks are, they have a 25% profit, great yes? well, since the dollar has dropped 20%, I only would have a 5% profit if I would trade them in. This is going way too far, vote that fucker out of office.

My portfolio looks great. Up $150k this year. Of course in US Dollars :Graucho

The perks of living here I guess.

Here is a stock tip for you. PGHI Might be a penny stock but check it out.

congrats on your profit :thumbsup

concerning the perks: last year it was the other way around, I got 20% more for my dollars, now I'm at the other side and it sucks, if I had more money I would start buying more US dollars or stock, so by the time it swings back around, I can make a profit, damn need more money :-(

You know those guys? Can you advise me a cheap US broker, 'cause I can't buy US penny stocks at my broker.
Thanks

does the US care what the downside is to foriegners of a weak dollar?
no.
It's good for us.:1orglaugh

It will turn back against you sooner than you think :1orglaugh :1orglaugh

business is conducted in usa dollars usually in this industry, have a usa dollar account and pay for everything from there and put all income in there, just like living in the usa, u do not lose....

will it still look good when you need a wheelbarrow to carry the currency to buy a loaf of bread?

when the elections come you can sure bet my time and money I'll contribute my part for that and he's not even my president. :1orglaugh :1orglaugh

I am losing 1000s of dollars with his BS ass sitting in the office so why not use some of it to fight him the easy way - the way that's gonna be used this year more than ever, simply because A LOT of people are losing more money than ever.

except when you have to convert currency to pay your tax bill that is in your local currency.

It sucks big time for the ones getting paid in dollars like me. I am losing lots of k's over here and it sucks!

:ak47:$

they're devaluing the dollar on purpose to increase exports, such for us getting paid us in can, good for the us economy in long run

I hate it We use euros,

:1orglaugh it would be good if things would be so simple... but they're not (unfortunatelly).

u don't do biz in ur own country? I do enough biz in Sterling to mean taxes etc can be paid... but still ur right if all ur money is in $$ then u do have to convert some for tax purposes but then again because the $$ is so low tax will be less.

nah absolutely none. New Zealand barely has the Internet :)

if you are dependet on the us then yes
otherwise you are on the winner side

make that short term

we're talking about the US, not the hole in the ground you're from.:1orglaugh

You can also thank major corporations as well... Remember, when these corporations take over another corporation, they usually overpay for the new company which in turn raises prices of their product or lays off it's employees...

So if you complain about the dollar failing... that big corporations for that as well.

really?
Europe is the tail the US wags.
don't hate the player, hate being playable.:1orglaugh

When it drops another 15% and I cash in some of my other currency for USD? Just means things in the USA are getting dirt cheap for me.

Is anyone talking about a u-turn in this??

Anyhow its gotta turn sometime, but when?

This is affecting alot of people

This is fucking bas ass situation... I loved the time when EUR & USD was on good balance...

it will go up again... just not sure when...

it wont get better soon

i think the sun will rise tommorrow too