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-   -   Dollar is getting fucking hammered this afternoon. (https://gfy.com/showthread.php?t=841455)

DarkJedi 07-15-2008 04:04 AM

Dollar is getting fucking hammered this afternoon.
 
Getting absolutely pounded vs Aussie and Yen.

Bush and his retarded friends have cut the dollars value nearly in HALF in only 6 years vs the Aussie (and 35% vs the Euro).

Jesus fucking Christ.

How there hasn't been a revolution or at least an assassination attempt yet I have no idea.

:BangBang:

Jens Van Assterdam 07-15-2008 04:19 AM

Tell your sponsors to change your payouts to EURO or higher your dollar payout.
Been there, done that and it works.

DarkJedi 07-15-2008 04:24 AM

Quote:

Originally Posted by Jens Van Assterdam (Post 14461278)
Tell your sponsors to change your payouts to EURO or higher your dollar payout.

Don't think it's that simple :1orglaugh

Sid70 07-15-2008 04:32 AM

so what are you buying these days? i suggest canned food FTW!

ilbb 07-15-2008 04:45 AM

I'm loosing 40% of my income due to $$ tininess

xmas13 07-15-2008 04:57 AM

USD is overvalued, Asian currencies are undervalued. So fucking what?

Are you locked in your mother's basement? Relocate or shut the fuck up. :))))

CunningStunt 07-15-2008 05:18 AM

When I started in this game, I was getting almost Aus$2 to the US$1. Now my income has basically been fucked by 40%. Stupid American Govt. Glad I pulled out all my US$ savings 3 years ago, wish I'd done it 5 ago.

There's no end in sight either. I'd say seriously 5 years + before the US pulls their shit together.

xmas13 is a prick btw for those who didn't already figure it out.

DarkJedi 07-15-2008 05:39 AM

Quote:

Originally Posted by xmas13 (Post 14461348)
USD is overvalued, Asian currencies are undervalued. So fucking what?

Are you locked in your mother's basement? Relocate or shut the fuck up. :))))

You are a dumbass.

beta-tester 07-15-2008 06:14 AM

ahhhhhh, this is not good at alL!

V_RocKs 07-15-2008 06:15 AM

What is nice is that while this undervaluation is happening Bush and his cronies can point out that their Billions in profits are also getting hammered just like everyone else...

But then in 4 years when the dollar is back to normal with a real President his cronies get twice the money.

gornyhuy 07-15-2008 06:56 AM

Should I be worried that the fucking banks are about to collapse?
What are you guys doing with your liquid assets?

Odin 07-15-2008 06:59 AM

Should help with the trade deficit at least. Seems pretty deliberate if you ask me.

tranza 07-15-2008 07:01 AM

Man this is bad!

DarkJedi 07-15-2008 07:08 AM

Quote:

Originally Posted by gornyhuy (Post 14461624)
Should I be worried that the fucking banks are about to collapse?

CitiBank, USBank, BoA and WaMu are toast by the end of the week. ...

The Dawg 07-15-2008 07:23 AM

Quote:

Originally Posted by Davey Jones (Post 14461678)
CitiBank, USBank, BoA and WaMu are toast by the end of the week. ...

WAMU and Bank United sure, but I dont think BoA will fall ( even though they are neck deep in Countrywide's problems )

czarina 07-15-2008 07:24 AM

versus the Mexican peso as well... I made the mistake to move to Cancun, Mexico and now I'm paying the price...
although on second thought, it's not that bad... just $2.60 for a gallon of gas :)

Jman 07-15-2008 07:30 AM

Quote:

Originally Posted by Adultmix (Post 14461300)
so what are you buying these days? i suggest canned food FTW!

plenty of stray dogs, cats and homeless out there to survive a while :winkwink:

buyandsell 07-15-2008 07:35 AM

best way round a weak dollar is move to the US!

dready 07-15-2008 08:07 AM

I think the days of the dollar, as issued by the Fed, are numbered. The real collapse is about to begin as US banks start reporting their real credit writedown numbers. Expect to see bankruptcies of many small and major US banks in the next year or two.

mrsoccer 07-15-2008 10:18 AM

Fuck yeah Unfortunately even in 3rd world countries Dollar is going down. It sucks

Angel Martin 07-23-2008 02:19 PM

definetly sucks

Angel Martin 07-23-2008 02:20 PM

for sure...sucks

CunningStunt 07-23-2008 03:41 PM

tell me about it.. why don't I just work twice as hard and get the same as I was earning 5 years ago. ffs.

div3x 07-23-2008 03:46 PM

dollar is worth a shit!,,,

Cash 07-23-2008 10:52 PM

And the worst part is that it seems it will still go down ...

cranki 07-23-2008 10:59 PM

I'm getting hammered also and it's only morning here. CHEERS!

Orgazilla 07-24-2008 01:45 AM

wow good luck man

mrkrabs 07-24-2008 02:57 AM

Fucking $ sucks

pocketkangaroo 07-24-2008 02:59 AM

Quote:

Originally Posted by Davey Jones (Post 14461678)
CitiBank, USBank, BoA and WaMu are toast by the end of the week. ...

Which week?

thunder99 07-24-2008 03:07 AM

Guys, you're looking at things the wrong way around. I know the $ - EUR rate sucks at the moment, but look at the plus side. If you use the $'s to buy stuff, its shit cheap at the moment.

For example I buy domain names for investments and also have a small domain registration business in Europe. I buy for $ and sell for EUR using sponsors $ payments to fund the purchases, so I'm getting a exchange rate of about $1 = EUR1.20.

Of course it's not quite that simple, but you get the idea.


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