I'm affraid there's no denying the US dollars value has been slashed.

January 24, 2008 10:35AM
Compare it to any other currency market. Canadian, British, Australian...

There are countries that are actually making the US situation worse by losing faith in the currency as well. Russian has dumped more than half it's reserves, and bought out Euros and Pounds instead. It not only flooded the market with more dollars (hooray more devaluation!!) but it's my understanding it strengthened it's main competators and encouraged a small following from other countries.

There's a story I read the other day in a paper that theorised the dollar could be sent to shit if China decided to follow Russia's lead and dump it's dollar reserves before their value goes even lower. Doing that, would pretty much pay-back the US for some of it's more unfriendly foreign policies - and unfortunately China isn't the kind of country you can trust to be an ally in that situation :( If I were you, I'd quickly consider investing in something like Euros, Pounds or Canadian dollars because there are a number of things that could go horribly wrong right now and throw the dollar down even further. There's already scares of a depression.

If anyones got advice on the best way to invest my current dollars, I'm open to ideas. I'm mainly thinking of taking an empty suitcase, buying the plane ticket/gifts/clothes/a nintendo wii, then transporting it all back to Britain that way hoping I don't get stung in customs for a new camera and stuff.

Yhorian
Subject Author Posted

The Legacy of Bush

cenatar January 24, 2008 05:18AM

The exchange rate of the Euro...

Splntrd January 24, 2008 07:38AM

I'm affraid there's no denying the US dollars value has been slashed.

Yhorian(VIP) January 24, 2008 10:35AM

I can't speak for the rest but the Canadian Dollar is weaker than are IIRC. n/t

Pro January 24, 2008 11:22AM

I have to ask, do you think Bush has done a lot of good for the US?

Yhorian(VIP) January 24, 2008 04:19PM

I don't care enough about you or your country to discuss my national politics with you.

Pro January 26, 2008 08:42AM

His administration will go down as one of the worst all time

entropissed January 25, 2008 04:22AM

Bad. txt

Isildur(VIP) January 24, 2008 07:03PM

Re: Bad. txt

Death_Claw January 27, 2008 10:06PM

Re: Bad. txt

Bryan January 25, 2008 12:28PM

Re: Bad. txt

Isildur(VIP) January 25, 2008 12:48PM

Don't forget we're way past the point isolationism is reasonable.

Scrimbul January 25, 2008 01:24PM

It's not about isolationism.

Bryan January 25, 2008 03:56PM

Though I agree with the sentiment, I think you've got it wrong.

Yhorian(VIP) January 26, 2008 03:32AM

Re: Though I agree with the sentiment, I think you've got it wrong.

Isildur(VIP) January 26, 2008 09:23AM

Re: Though I agree with the sentiment, I think you've UN = Death to America.

Pro January 26, 2008 08:49AM

Re: It's not about isolationism.

Isildur(VIP) January 25, 2008 05:03PM

You know..

Pro January 26, 2008 08:56AM

Re: You know..

Isildur(VIP) January 26, 2008 09:26AM

Not from my point of view.

Pro January 27, 2008 11:37AM

You're getting off topic. txt

Isildur(VIP) January 27, 2008 05:02PM

Middle Class Welfare.

Death_Claw January 27, 2008 07:57PM

Power corrupts. Absolute power, corrupts absolutely. nt

Yhorian(VIP) January 26, 2008 03:35AM

Including you with your VIP power ;). Lord Acton was wise. NT

Sam January 26, 2008 12:29PM

WARNING! WOOT WOOT! WARNING!

Pro January 26, 2008 08:54AM

Which is why I long ago stopped arguing with you. Or even reading your posts :P nt

Yhorian(VIP) January 27, 2008 07:57AM

I was going to say, actually...txt

Isildur(VIP) January 26, 2008 05:14AM

I don't wish to get involved in the politics but on this statement, I agree.

istirith January 27, 2008 09:10AM

Re: It's not about isolationism.

Bryan January 25, 2008 06:14PM

Or race with you to build moar nukes nt

Scrimbul January 25, 2008 05:50PM

I dunno where we got that attitude either but keep in mind, alliances mean doing exactly that.

Scrimbul January 25, 2008 05:02PM

I did think Afghanistan was justified. But Iraq was just nuts. nt

Yhorian(VIP) January 24, 2008 08:04PM

btw, did you see the news story recently about Hussein & WMDs? txt

Isildur(VIP) January 25, 2008 08:29AM

This has long been a theory.

Pro January 26, 2008 09:02AM

Dont' worry Pro

Lokain January 26, 2008 04:17PM

If that was a threat.

Pro January 27, 2008 03:31PM

Hmph. That was just a joke about the said important-looking people..

DurNominator(VIP) January 28, 2008 12:24PM

I love how you totally failed to follow the thread

Lokain January 27, 2008 05:23PM

Lokain Marker of Death and Veiled Threats, Conspiracy Weaver of QHCF nt

hopelessdwarf January 28, 2008 11:50AM

I think that Iraq might have had "WMD programs"

DurNominator(VIP) January 25, 2008 12:22PM

The funnier (to me) thing is that the one Pakistani nuclear scientist tried to sell Saddam the stuff needed to make nuclear weapons, but he thought the guy was a US spy and had him thrown out of the country. LOL NT

Sam January 25, 2008 08:39AM

That man was Q.A. Khan

entropissed January 25, 2008 09:24AM

Ooh, may I?

The Forsaken(VIP) January 24, 2008 04:48PM

I agree with this.

Pro January 26, 2008 09:05AM

Um...not really. txt

Isildur(VIP) January 26, 2008 11:10AM

In my view, much of what has happened was inevitable with the cycle of things.

Scrimbul January 24, 2008 05:34PM

Not anymore it isn't. nt

nightshade January 24, 2008 12:15PM

I'm pretty sure that used to be true...

_Magus_ January 24, 2008 11:37AM

1 EUR = 1,4663 USD = 1,4893 CAD. nt

DurNominator(VIP) January 24, 2008 12:20PM

Okay, now you know it's bad. Moose stock is soaring!! nt

Yhorian(VIP) January 24, 2008 01:39PM

Indeed. CAD has strengthened a bit while USD has weakened.

DurNominator(VIP) January 25, 2008 02:39PM

And i bought in at the ground floor! I'm moose rich!

Hobotora January 24, 2008 03:48PM

There's no playing games with Euro.

DurNominator(VIP) January 24, 2008 09:14AM

Wait till the EU actually takes into account how much all the countries are lying n/t

hopelessdwarf January 24, 2008 08:54AM

Then it'll be amazing, because we'll fix the problems. n/t

Graham January 24, 2008 11:42PM

stupid. txt

Isildur(VIP) January 24, 2008 06:26AM

Well

cenatar January 24, 2008 06:42AM

Just fucking say it.

Pro January 24, 2008 06:48AM

If only you levelled that kind of honesty on yourself :) n/t

Balrahd(VIP) January 24, 2008 07:42AM

Hehehe

cenatar January 24, 2008 07:30AM



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