Dollar hits 15 year old low!
 

US Dollar hits a 15 year old low against a basket of currencies, the dollar lost 25% of it's value since 2002.

What was similar with 15 years ago? Oh yes: a Bush was in control :Oh crap

talk about 1,40 against the euro seems normal, 1,50 is talked about, when will this madness end????

for the remaining Republicans: one of your own, Alan Greenspan, calls Bush 2 a disaster, read his book.

btw: stop the "low dollar is good for exports"-line, your trade deficit is too huge, fuck... Germany has become the biggest exporter in the world, Belgium a country of only 10 million exports 1/3 of what the US exports (http://en.wikipedia.org/wiki/List_of...ies_by_exports)

as always: impeach Bush & stop the Iraq war

The next president will get all the blame, because USA will be so fucked up that it will take 50 years to get back to the top, if it ever can.

starting at 1.40, it's gonna hurt the euro-zone
well it's hurting already ...
certainly germany's economie is gonna get hit hard by it

We'll just keep on giving more and more money to the US, so they can keep buying our german BMW's, french wines etc with it.
It sure is pretty crazy but currently we'd also be fucked if they stop buying our shit.

The crisis recently with Northern Rock in the UK was a warning bell that rung around the world. A lot fewer people are going to be investing in the US, a lot less are going to be bank rolling them so they can keep buying goods they don't pay for or when they do pay the value is not what it should be.

Hard times ahead for the US.

How does this effect us?

Maybe, more people to submit more galleries to less surfers who can afford to buy?

The US desperately needs someone in charge of the country with an IQ above that of a cowpoke, problem is the cowpokes are the ones who vote. As for Greenspan, so nice of him to speak up now. :321GFY

Maybe if the US had people more interested in the good of the nation/world, what's right and moral and less people only concerned in keeping their job and writing their memoirs, in charge we would not be in this mess. He said nothing when we needed him too.

Yes its hurting, but many porn programs are billing in euros and I have to be honest and say there is little difference in conversions. I kinda saw the writing on the wall and made the decision to launch our program a few years ago and bill in Euros and boy am I glad we did that. I think you will see more and more doing it as the dollar continues to lose ground.

Yes its hurting, but many porn programs are billing in euros and I have to be honest and say there is little difference in conversions. I kinda saw the writing on the wall and made the decision to launch our program a few years ago and bill in Euros and boy am I glad we did that. I think you will see more and more doing it as the dollar continues to lose ground.

Yes its hurting, but many porn programs are billing in euros and I have to be honest and say there is little difference in conversions. I kinda saw the writing on the wall and made the decision to launch our program a few years ago and bill in Euros and boy am I glad we did that. I think you will see more and more doing it as the dollar continues to lose ground.

Tripple post.

FFS why the hell is GFY so buggy these days? Huge timeouts and a tiny edit time limit.

Gotta love when GFY fucks up...

That said....

2 more days until the stock market crashed or 4+ billion dollars is lost by some very smart people.

not defending Greenspan, just named him because he is Republican and Republicans love him

People are still trying to do that with the last one.. and by that, I mean current one.

who's billing in euros?

keeps going down: 1,41

it didn't even stop at 1,40

Fuck,I got below par in Cdn yesterday:mad:

you and me both. I got 98.5 fucking cents on the dollar. That's depressing.

Quote from about 1 year ago:

Dollar going down AGAIN

Again Bush, cut off the crap, this is ridiculous.

He is a representative, not a dictator, you must confuse Saudi Royalty and the US Congress.

Big corporations finance the US Congress, and Europeans until now have been fine with US deficit, they finance it and charge a lot of interest. American consumers are now all debt ridden.

hahaha started that thread also

if this continues, I will have to move to the US, because it will be the only country where the dollar is still worth something

first time in history a generation has been worse off then their parents financially .... yay

If things are going to get this fucked. The least this fuck could do is capture bin laden so we could say. "Well at least we captured Bin Laden" ... we cant even do that ...

what the fuck have we got ???????????????????????

all we get are dead bodies man ... anything good come out of this shit yet ? Throw us a bone bitch

dolar...hmm very good

not sure, if life in the US was exactly so (only seen it in movies) :

" ....the reality is back in the 1950s a guy had a job, he can support a wife and a large family ? maybe 4 or 5 kids; his wife didn?t have to work; his kids all went to college and none of them had to borrow money; and he saved for his retirement ? and he did all that on a middle-class income and a high school education, if that. Today, you need two paychecks to support a family, both of them need to have gone to college, and they can maybe have one or two kids and that?s it. Beyond that, they can?t even afford it ? and they still have no savings. With all this booming prosperity how can it be that a middle-class family is so much worse off today than they were in 1950 ?"

from:
http://www.financialsense.com

that's correct the US used to be number 1 in everything during the 1950s, why?
--> FDR (Franklin D. Roosevelt) who implemented the New Deal, the creation of the middle class.

Problem is that in the current US political scene, Roosevelt would be labeled a communist or at least a socialist.

What Americans always seem to forget is that "democracy" created the middle class and not "capitalism", in 1905 capitalism was thriving, but there were food lines and normal people were poor. It's only when normal people and some political leaders started demanding their share that they got out of poverty.

a mob can always storm the White House, Capitol Hill and some corporate headquarters and hang the whole bunch, very French Revolution :1orglaugh

Congrats!!!!!!!!!!

Yeah, I know :)

do currency rates change during the weekend?

:) maybe a good thing about the weekend

So sad but so true. America is not going to Hold it's so called Super Power much longer !!