The US dollar is getting "out the window". Its value goes down and down and with it .

Discussion in 'Politics & Religion' started by bbn, Jul 25, 2007.

  1. #1
    The US dollar is getting "out the window". Its value goes down and down every month and with it Americas's dominance in the world.

    .......... The war in Iraq is lost and the longer America stays, the harder the fall will be. Oil will not continue to be traded in petrodollars, the USD will lose its place as the world’s “reserve currency”, and America will slide into a long and agonizing economic downturn. .............
    http://www.informationclearinghouse.info/article18036.htm

    For all US patriots, sorry for not telling you "America is the greatest country in the world".
     
    bbn, Jul 25, 2007 IP
  2. zman

    zman Peon

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    #2
    It always amuses me when someone equates the cost of war to financial losses for the United States.

    Just where do you think the money we spend on the war in Iraq goes? Do you think it all just vanishes? Does it just fly away never to be seen again?

    If you have 100,000 troops in Iraq, it's safe to say that there is 100,000 annual salaries being put into US banks, investments, mortgage payments, Christmas presents, family expenses such as food, cars, clothes, etc. Then, we have all of the defense contractors here in the states that use the money to EMPLOY Americans, thus, spreading the money back into the US economy.

    Look, I hate to say this because I can already think of a few members who will eat it up, but wars are good for the US economy. It is by no means why I support it, but it helps keep the US economy spinning. I mean, think about it... the US stock exchange hit 14,000. Wow! So much for a shitty economy huh?

    So the dollar is weak. Who cares? It's a piece of paper. The US economy is stronger than ever.
     
    zman, Jul 25, 2007 IP
  3. AGS

    AGS Notable Member

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    #3
    Soon a sheet of toilet paper will be worth more than a dollar.

    The British pound is kicking it's ass all over the place at the moment, ideal for us Brits buying things from the States. :p

    US citizens will be hankering for the AMERO soon (as planned) and there will be major parties all over Mexico. :D
     
    AGS, Jul 25, 2007 IP
  4. bbn

    bbn Peon

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    #4

    I have no comment on your and all that think like you statement. If I post my opinion you surely won't like it.
     
    bbn, Jul 25, 2007 IP
  5. demosfen

    demosfen Peon

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    #5
    War is bad for US economy. It enriches Halliburton and Co. at expense of middle class. During peace time they steal billions, during war time they steal trillions.
    I am not worried about dollar collapse itself as much as the elites using it to promote Amero. The create problem, offer solution thing. You can avoid dollar collapse affecting you to a degree by not holding any dollars in your possession. Pretty easy
     
    demosfen, Jul 25, 2007 IP
  6. iatbm

    iatbm Prominent Member

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    #6
    All you dollar is going down and america bla bla ...

    When Euro was introduced the dollar was 1.18 ;) ... now it is 1.36-37

    and is this way for many months....do you really think that after months of stagnation dollar will fall even more ?

    Hehe check out in few months :D
     
    iatbm, Jul 25, 2007 IP
  7. iatbm

    iatbm Prominent Member

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    #7
    Wars are very good for economy ... this was proven many times in history.
    During the war people have jobs while making weapons and after the war everything has to be rebuilt ... lots of work for everyone and after few years no one really cares how many people died and why since all are happy. Oh I should add that this only works for US and Western europe :D
     
    iatbm, Jul 25, 2007 IP
  8. pizzaman

    pizzaman Active Member

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    #8
    is it really a bad thing?!
    cheaper dollar helps with the trade
    increases investment in us
    reduces the value of the chinese dollar collection
    all and all not that bad
     
    pizzaman, Jul 25, 2007 IP
  9. d16man

    d16man Well-Known Member

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    #9
    yes, the US dollar is going down, the stock market has crashed, interest loans are through the roof....can anyone say recession??? :rolleyes:
     
    d16man, Jul 25, 2007 IP
  10. qwestcommunications

    qwestcommunications Notable Member

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    #10
    Not really ideal for those in the UK earning income online in dollars.
     
    qwestcommunications, Jul 25, 2007 IP