Its real bad
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It's CapitalismComment -
It's Obama's fault. That idiot printed too much money.Comment -
what ya buddy say- you was born on 3rd base but grew up thinking you hit a tripleComment -
Fiat currencies are collapsing against Silver and Gold.Comment -
JJ, stop acting like u know whats happening in the real world
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Fix by the megabanks. The U.S. people are stronger than ever.
blog '09-'10: 37-16: +$31,900
mlb 2010; 16-12: +$4,540
gellyhoops 2010: 10-6 +$3,150
overall: 63-34 +$40,290Comment -
They are trying to introduce the Amero.
The European Union already dumped the Euro on Europe, and now the shadowy North American Union, a sort of bastard son of NATO is trying to set us up for the Amero, to replace the Peso, Dollar, and Canadian Dollar as a unicurrency.
Will it work.. I dunno.
Can you still use Francs in France, Pounds in the U.K. etc... anybody know...
Anyway back to sports.blog '09-'10: 37-16: +$31,900
mlb 2010; 16-12: +$4,540
gellyhoops 2010: 10-6 +$3,150
overall: 63-34 +$40,290Comment -
To say the dollar is collapsing is wrong. It's been way overpriced and it's now correcting. If we can get it to correct against all the world's currencies, especially the yuan, we can stop importing and start making things here again. If we can get the dollar on a par with the yuan, we can reopen our factories.
You guys spend half the time whining about jobs going overseas, and the other half of the time whining about the dollar "collapsing." Brilliant.
And about Obama printing money: the vast, vast majority of the deficit spending arose during the Bush administration, most especially from his involvment in our two wars, but also from his childish tax cuts. Yet you blame the guy who inherited the mess? Brilliant again.Comment -
US Dollar still the most accepted currency around the world
That's what the terrorists have when they are hiding in caves or when they are hiding in a holeComment -
Take a look at a chart. How can use the words "overpriced" and "correcting" when the truth is that it is in a downward spiral since 1972 when you could buy 300 Yen per dollar. Now you only get 85. The "correction" was when it went up from 98 in 1995 to 133 in 2002 and now it continues it downward spiral.
As far as deficit spending you are correct to say Bush deficit spending rose. But not the "vast, vast majority" since Obama is spending over a trillion dollars in his first 2 years. They are both at fault. That's a big amount and that continues to cause the dollar to devalue and for gold to reach all-time highs when valued in the US dollar.Comment -
Australian dollar almost worth more
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usa needs to stop printing soo much moneyComment -
is not Obama fault.Comment -
The US deserve what is about to come towards them and it ain't going to be pretty.Comment -
The Euro works in the 12-15 or so European countries that use it. The countries are small there( compared to Canada, USA, Mexico). It would be a big PIA to change currency everytime you cross a border there....
Think of it sort like the the US with the quarters for each state, which we have, but with a common obverse of G Wash on all....that is the Euro coin essentially. Nobody in Texas cares if your quarter says Utah on the reverse, same with your Euro from Italy or Luxombourg.
The obverse is universal on Euro union countries ( like our quarters), and the reverse identifies the country.
I don't know how to get 12+ countries to change to the Euro....must have been hard ?
Amero won't happen. Euro works because countries are small there. No need for US, Canada, and Mexico to use the same unit.
One world currency happens before that !Comment -
I only addressed Euro coinage.....I don't know how you transfer the whole enchilada of finances for a dozen countries.....but they did it !Comment -
Pretty ****** up weight system there when you toss in stones ( 14lbs, I think ?) onto pounds.
If I get it proper.....
A chick is 10 stone/ 3
I think that means 143 lbs ?
How about dropping the stone thing ? Or maybe go to KG ? No wonder these twits won't accept the Euro ?Comment -
This process of converting to one Euro currency is cool to me. I don't get how it was done.
I'd love to hear about the transition process !Comment -
Anyone know how low the Dollar/YEN can go??Comment -
It's going to be all over pretty soonComment -
I tend to agree with this statement. Do you mean because we are a nation of pussies (collectively) that bitch and complain about things, but do not do anything meaningful to bring about change? If we are the greatest nation in the world, the world is screwed. We can`t/don`t even change the education system in this nation, that revolves around the AGRICULTURAL society.
I have the answers, first, Borders closed, period. Second, school days change and these little fat asses work in community gardens. Third, legalize weed, I want to get high. Fourth, any suggestions? GL Men. Either way CHANGE is coming. We can be a Great Nation and recognize what needs to be done, or we can be pussies. For a few more minutes we still have a CHOICE.Comment -
it's good news for export and industryComment -
I dont know PP, I tend to look at what is happening in the UK to see the future of america , as they are a much more developed democracy, developed in the sense of time-duration.
The uk shares no physical borders with any country, yet the government is letting get over run by foreigners, predominately muslims, and it is not for the better, no good is coming from it
america has huge , porous borders, and I know you noted shutting down the borders as doing something, it wont happen, the tipping point has passed. those fukers are so brazen those ILLEGALS actually were marching to the white house demanding their RIGHTS!!
america will sink slowly into mediocrity, just like england, remember the same england that ran the world only 70 years ago
you have large usa corporations actually pushing the government to allow MORE IMMIGRANTS from abroad for labor, while shipping most of their operations abroad if possible to squeeze every penny
then you have obama making a speech a few weeks ago saying he does NOT want new green technology, ie wind turbines, solar cells, MADE IN CHINA, then he lets one of them make a factory in america to do JUST THAT !Comment -
WTF, I read Ya Bro`. My ideas are not carefully thought out, so yes, maybe I am clutching at straws. Just have the feeling we should be doing something besides sitting in fear.Comment -
himmm , but the transition from local currency to euro was not very smooth , just speaking from experience, the last time i went to italy ,
mine tour guide was grumbling about the inflation that comes with using a strong united currency.
also the monetary policy of the different countries that uses the euro would be the same , as it would be controled by the european central bank ,interest rates would i think would be unifrom,resulting in some country's exports being more expensive then they used to be.......double edge sword eh?
but thats not to say the euro is all bad , country that are in the transition phrase were also hit hard,some countries such as hungary ,loans could be denominated in euros , francs with lower interest rate....and when their own local currency devalue , those people that took up loans were ...screwed..big time
at least in the us this does not happensComment -
the us dollar is basical a worthless piece of paper. it is only the belief in you govt to back it up that makes it acceptable to all. the govt can't back up all the paper money it has distributed. once people lose confidence in the govt. ability to back it up it will be wheelbarrow time with the currency just like in germany in the 30's.Comment
