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-   -   Russia Weighs Shifting Its Holdings to Euros (https://gfy.com/showthread.php?t=393006)

directfiesta 11-23-2004 06:34 PM

Russia Weighs Shifting Its Holdings to Euros
 
Ouch .... And China said to the US to fix their economy and stop blaming China...

US dollar is heading.... doooown ....

Quote:

, Nov. 23 - The euro rose to another record high against the dollar today after the Russian central bank said it might increase its euro holdings in an effort to insulate itself against further weakness in the American currency.

Like the United States Federal Reserve and its other counterparts, the Russian central bank holds huge reserves of dollars, euros and other currencies as a means of defending its own currency, the ruble, and smoothing out foreign-exchange market movements whenever necessary. Nearly two-thirds of its $113 billion in foreign-exchange and gold reserves are denominated in the dollar, which has reigned for decades as the premier global reserve currency.

http://www.nytimes.com/2004/11/23/bu...er=rssuserland

Screaming 11-23-2004 06:34 PM

Does any of this change the view out my bedroom window?

Chichio 11-23-2004 06:37 PM

Ah, your United States Misfortune Article Crawler caught a good one this time! :thumbsup

directfiesta 11-23-2004 06:38 PM

Quote:

Originally posted by Screaming
Does any of this change the view out my bedroom window?
Yes.... because if you are:

- a foreign webmaster, your income goes down due to low exchange rate
- a US webmaster, your economy will suffer more due to less investment, so less work ...

But I think, as I see you answer, that you don't have the ability to comprehend that ...

Back to the threads like :

" I have green stuff oozing out of my nutsack... should I taste it ? "

a1ka1ine 11-23-2004 08:13 PM

i didnt think the dollar could get much worse.. this is really sucking :@

might have to charge in euros soon :D I wonder if surfers will notice the $29.99 ?29.99 shift... could be profitable!

s9ann0 11-23-2004 08:25 PM

euros are cool

hydro 11-23-2004 08:29 PM

What sucks is that the usd was gonna be complete shit no mater who would get elected. Good thing for gold and offshore banks :glugglug

slavdogg 11-23-2004 08:42 PM

let russia take on more euros
let see how much crappier the euro econ will get

strong euro has No big advantages for EU

directfiesta 11-23-2004 09:26 PM

Quote:

Originally posted by a1ka1ine
i didnt think the dollar could get much worse.. this is really sucking :@

might have to charge in euros soon :D I wonder if surfers will notice the $29.99 ?29.99 shift... could be profitable!

I have been doing that for the past year. Signups were 50/50. Europeans and Japanese ( ? ) mostly signed in Euros, even if it was more expensive ...

Since I replaced Ibill by Paycom, I have to remove the Euro Biller ( VISA USA ...), but I will use them on smaller niche site .

And they never missed a payment, unlike Ibill ....

directfiesta 11-23-2004 09:27 PM

Quote:

Originally posted by slavdogg
let russia take on more euros
let see how much crappier the euro econ will get

strong euro has No big advantages for EU

:1orglaugh

Living in Fantasyland ( or perhaps Bushland ? ) ....

Veterans Day 11-23-2004 09:54 PM

euro is the future :1orglaugh :thumbsup

David! 11-23-2004 09:58 PM

Congrats directfiesta, I see that you wrote your daily America bashing thread :thumbsup

directfiesta 11-23-2004 10:01 PM

Quote:

Originally posted by PussyMan
Congrats directfiesta, I see that you wrote your daily America bashing thread :thumbsup
If you perceive it that way, then it must be true ....

I tought you guys liked your doilar falling .. and now its bashing America..

BTW, FYI, the USA is NOT America .... you haven't liberated the other countries yet :

- Canada
- Panama
- Mexico ( lol )
- Salvador
- Guatemala
- Brasil
-Argentina
- and so on ...

David! 11-23-2004 10:04 PM

Quote:

Originally posted by directfiesta
If you perceive it that way, then it must be true ....

I tought you guys liked your doilar falling .. and now its bashing America..

BTW, FYI, the USA is NOT America .... you haven't liberated the other countries yet :

- Canada
- Panama
- Mexico ( lol )
- Salvador
- Guatemala
- Brasil
-Argentina
- and so on ...

Seriously, you suffer from a mild case of ADD, you should really get some treatment.
From reading your rare post when you are not bashing the yankees, it seems like you own some paysites. Don't you think you should spend your times on them rather than this childish bashing?

- Jesus Christ - 11-23-2004 10:05 PM

Wait....

How many countries had to band togeather to create a currency to even match the dollar?

Oh yea they had to back it by GOLD too.

"the United States owns the most gold followed by Germany and the International Monetary Fund. If we include jewellery ownership, then India is the largest repository of gold in terms of total gold within the national boundaries."

If you hate america so much you should just put a gun to your face and let the led fly becase were not going anywhere. If we do..... you can bet it all were taking a lot of the planet down with us.

They don't call us the GREAT satan for nothing. :glugglug

David! 11-23-2004 10:10 PM

Oh directfiesta, I forgot to add, about 80% of the people who post here think like you anyways, so why bother converting them?
They already are on your side :2 cents:

directfiesta 11-23-2004 10:12 PM

Quote:

Originally posted by PussyMan
Seriously, you suffer from a mild case of ADD, you should really get some treatment.
From reading your rare post when you are not bashing the yankees, it seems like you own some paysites. Don't you think you should spend your times on them rather than this childish bashing?

Sure David ...

The currency is of no relevance to a webmaster ....

I never saw you post anywere else than USA rules threads...

so, :321GFY

David! 11-23-2004 10:20 PM

Quote:

Originally posted by directfiesta
Sure David ...

The currency is of no relevance to a webmaster ....

I never saw you post anywere else than USA rules threads...

so, :321GFY

Do you seriously believe that the Euro is so high because of the ineficiency of the US government?
You are aware that it is China, Japan and Europe who are financing the US deficit?
You also must be aware that France is the #1 investor in US mutual funds?
Or maybe that finance ministers from Europe are trying to no avail to make the value of the dollar rise as they are starting to see the first sign that European companies are starting to lose market share to lower priced US goods.

Whatever your feelings on the US, there is no one who can defeat them, and why would someone want to defeat them anyways? (Besides Islamo fascists that is)

Without the "dumb Americans" as you put them, who would be buying the low priced and low quality junk from China?

So please, get a grip, relax a little, enjoy life. Masturbate more often, it's good for your prostate and your moral too.

BradM 11-23-2004 11:36 PM

Even if Russia puts a little bit more into the Euro they still have a huge amount of USD in reserve. The dollar will pickup in the next few years again... this is a pretty standard cycle, just emphasized due to GLOBAL instability.

69pornlinks 11-24-2004 04:25 PM

Quote:

Originally posted by - Jesus Christ -
"the United States owns the most gold followed by Germany and the International Monetary Fund. If we include jewellery ownership, then India is the largest repository of gold in terms of total gold within the national boundaries."


lmao, and you know this becasue? stop being a fucking sheep, the dollar is backed by NOTHING....:1orglaugh

OWNED 11-24-2004 04:31 PM

holy shit, USD is fucked

69pornlinks 11-24-2004 04:32 PM

lol

sacX 11-24-2004 04:55 PM

Quote:

Originally posted by slavdogg
let russia take on more euros
let see how much crappier the euro econ will get

strong euro has No big advantages for EU

makes oil cheaper. :)


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