Euro vs USD.. Interesting article
 

Enjoy

http://www.rense.com/general60/whatt...rscollapse.htm

A lot of blah blah

Yawn.

This however is very true:

Americans do not appear to comprehend the bitterness that has grown around the world as a result of their illegal invasion of Iraq. While once Europeans looked up to, and admired America; today it is held in utter contempt for its arrogance and warmongering. Anti-European comments in the American media have only added to this hostility towards the US. America's attempt to impose its version of government on the world, its hypocrisy in claiming to be the moral leader of the world, while flooding the media with degenerate filth and garbage, has bought upon it disgust and contempt that few Americans can comprehend.

You are right this is correct :>

But damn it.. 100$ = 70? .... What the fuck... Please work things out at the other side of the river...

It would be funny if whole adult biz would switch to euro after USD will drop lower

it would almost be funny if it didn't hurt the pocket book so much.

I'd say a majority of Americans could give a fuck less whats happening outside of our own borders. I'd say close to half of Americans don't even know what a Euro is. The USA needs a very dramatic every day life altering experience to wake up to the rest of the world.

I never said it wasnt a lot of blah blah

Its still a good read and the guy does make a few very valid points...

Its likely to get much worse

From what i gathered we are looking at 1.60 $ USD for 1 Euro within 2 years

Its time all the processors switch and start billing in Euro's. We are suffering for the weak dollar. The only people who should suffer because of this are Americans but sadly enough they dont even notice it.

I think the article is very extreme and you can see the writers venom against the US clearly. However he does have some good points.

Now you can see why the US was so keen to sign up China as a favored trading partner. However I'm not sure what Russia has to offer.

Americans need to wake up and smell the coffee, the position they enjoy today is due to the power they held as the biggest market in the world. However if that market needs to be given the money to buy the goods then there is a problem.

Because the goods we Europeans, Asians and Antipedians are selling to them need to paid for. The raw materials, the labour forces and all other costs have to be paid for. Now if we are lending them the money they are spending so we can pay those bills then fine. But if they are consuming faster and faster, there has to be a stop.

What I think will happen is the World Bankers will start to slow down the consumenr boom in the US slowly, bringing it down without too big a bump.

However how long before an American pops his head into this thread and tells us everything is rosey because there are even more $30,000 cars on the road where he lives. :uhoh

Or just tells us it's none of our business, not realising his country is being funded from overseas?

The problem with most Americans is they think Number 1 spot is theirs by right and can't be taken away. They don't realise people are trying to take it away from them every minute of every day.

How true.

Not gonna happen

Mind you, the market will adjust itself over time.. stay tuned for $300 per signup soon ;)

Unless things turn very soon it will happen. Europe has it's problems but given the option which currency will you trust in the future, the US$ or the EU Euro, old keyboard does not have the Euro button.

Any American who disagrees is welcome to buy futures in the dollar from any of the markets, I think they have them to sell.

The US Dollar will always be the reference currency.
Get Over it.
The British pound has always been much higher than the US Dollar, and is used in international exchange.
The exchange rate of the US Dollar has nothing to do with the fact that the US Dollar was, is and will ALWAYS be the international currency for exchanges.
So get over it, and concentrate on making some money.

PS: May I remind you that around 1984, the value of the US Dollar was very very high, that in the middle 70's , it was even lower than now.

I love when europeans tell us how we think... :1orglaugh I don't think I've heard ANYONE say everything is "rosey" in many months.

Your right this country needs to stop consuming like mad.

Intrest rates are gonna rise soon. Thats about as extreme as I'm gonna get with my predictions.

The only reason this is differnt than the 70's is becasue we now have Europe "Banding" together to create a currency (wich has its own set of flaws). Right now the euro is whooping ass becasue OF GOLD BACKING. Look at gold look at the eruo. Its not hard to figure out.

America is beyond the point of being able to move to a gold standard and the fear of a dropping dollar feeds upon itself. So yea were in "trouble" but thinking that those stupid americans don't know it is just being conceded. American citizens own more gold than the citizens of any other country in the world and its not becasue we arent paying attention.

P.s. The Euro is ugly :winkwink:

You my friend are blind

Some things are much different today than they were in '84 and 70's

Wait until you have Turkey in the EU, you'll see what will happen to your money :1orglaugh :1orglaugh

You my friend have no clue.
If I follow your thoughts, therefore your theory that what happened to the Roman Empire cannot happen to the US as things today are much different than 1700 years ago...

Wtf does that have to do with what i said?

Do you honestly believe the rest of the world is going to keep pouring money into the US and let it sink the rest of us into a depression?

Don't you see the Commie Chinese have started to see what's happening. You know, those hated Commies who were lending you money.

No the US$ will not always be the reference currency, unless it EARNS the right to stay there.

Yes we are totally out of line telling you how you think, want to borrow some more money?

Nope, what I was refering to was the switch to billing in Euros for adult sites.

That is not likely to happen anytime soon

Im not american lol..
I agree with everything you said here. We will not see processors billing US surfers in Euros soon tho..

Not worth arguing with someone who thinks the last Empire to fall was the Roman one.

Do you really think a stupid dude like you has any clue?
The gooks and euros and ragheads are not lending money to the US, they are investing it in the only market (US) where their money can actually earn a good return.

SO PLEASE, GO BACK TO YOUR UGLY WHORES AND TELL THEM THAT THEY SHOULD SHAVE THEIR LEGS BEFORE YOU SHOOT THEM :321GFY

Ok... so you don't like the US charly its kinda hard to argue economics with people who want somthing to be true and have a problem with the US in gerneral.

"When those Chinese goods at Wal-Mart go up 30% in price, Americans will see inflation. The Fed will accommodate most of the inflation, but there will be a rise in interest rates. Inflation, if allowed and encouraged, will save the wage earner so he can continue to service his consumer debts. Rising interest rates will smash into housing prices like a tornado in Kansas. Homeowners who have a 30-year fixed rate mortgage will come out in the end, if they don?t have to sell their home for at least 10 years. Anyone who wants to sell their home will see some ?asset deflation?, and financial institutions will experience substantial ?debt default?. The Federal Reserve will ?print money like crazy? to fight asset deflation and encourage inflation."

http://www.gold-eagle.com/editorials...son021404.html

May I remind you that the Euro didn't exist at that time :2 cents:

Duh....

Funny, I am going to the bank today to deposit my monthly EURO check from one of my processor of one of my paysites...

Being doing so for the past 18 months ....

So you are billing your US members in Euros?

Yea, Ok I guess I'm done here becasue you want to ignore reality and bark at the US. Keep pointing at shit that has nothing to do with global currency economics like.... "I DUN CASHED MY CHECK IN EUROS"


Have fun Barking at the US. I wont be reading it. :thumbsup

That information comes from a site that wants everyone to invest in gold. If you don't think that is biased you are a fucktard.

It is BIASED.... thats the BEST CASE SCINERIO FOR THE EURO AND IT STILL DOESNT = COLLAPSE OF THE DOLLAR

It explains what happens to counteract it in the event the dollar is rapidly devalued.

I'm not pointing to it as somthing thats going to happen.

EDIT: "fucktard"

Directfiesta is there any way to get in touch with you?

My icq is 69689194

Had to add my two cents to this american indiviuals words of crap.
The fact is my friend, all the major markets in the world are selling their US reserves and buying Euro's instead. It is going to happen, it has happned this last week.

Dont get me wrong, i wish the dollar was extremely strong, it make my life a lot easier, but I cant stand to hear crap.

And here you have the biggest problem. The denial of reality.

The Chinese are pulling out, the financiers of the world are pulling back. Have you ever thought they might be thinking of investing a little less?

And you're all thinking that because you're not banking Euro checks today you will not be banking them tomorrow. As for billing adult porn sites in Euros, well that may not happen for a long time. They would get too confused at what they are paying, the price may change though.

I'm not working this out for myself, I'm just watching my earnings going slowly down day by day and thinking maybe the bankers of the world are showing their faith in the US$.

And don't anyone think this will happen over night, it will not. Firstly the bankers will get together and seek a solution that will not make the T bills they are carrying totally worthless. Then they will tell the US what it has to do to carry on recieving loans.

The talk is that the days of cheap loans and never ending credit are coming to an end for the US. This will mean people will have to repay bigger mortgages, bigger credit card repayments. This will hit every one who is in debt.

50% of sales with that biller are part of the CEE ( Europe ).
The other 50% are out of CEE ( USA - Japan - Kuwait - etc,,,).

So, yes, Americans will pay in Euro....

If a membership in US is 19.99/month, it is still 19.99 Euros/month....

And why couldn't that be??? Aren't Italians, Greeks etc ... paying in US to join sites... so Vice Versa...

I hate ICQ... I have an account ( got to fing the number .. lol ) but never use it...

I am pretty private guy.... I think we live in the same city...

I noted your Icq and maybe I will use it, maybe not....
:winkwink:

This is almost laughable. How many wars have Europeans fought with each other over the years? It takes the Euros a little while, but they eventually come around... usually once they are under occupation. You are under occupation now, and just do not realize it, yet.

Less than 6 months. But eventually people are going to say, "We are favoring the Euro simply because the USD sucks, not based upon true value". Then gold with continue moving higher as people will not be able to tolerate bidding the Euro higher. The EuroZone has its own issues... high debt and a war not being two of them.

-dd