US Currency drop every day?
- Thread starter leisure
- Start date
Sometimes it strikes me as funny that we have all of this stuff to worry about. Currencies, recessions, global markets, oil prices and what not. It almost feels weird to think that there was a time when all we needed to be happy was some food, a little place to live and two sets of clothes to wear.
Unnecessary complications...
Unnecessary complications...
S
syngenetic
Guest
thats how we roll..yo
DutchTrafficService
Regular Member
- Aug 12, 2010
- 473
- 235
Massive LOL @ "US is still the richest country"
I think they score pretty well at poorest country ever soon.
fail comment of the day
I think they score pretty well at poorest country ever soon.
fail comment of the day
Autumn
Elite Member
- Nov 18, 2010
- 2,197
- 3,073
The only thing keeping the USD afloat is the fact that it's the default currency for international trade and specifically the oil trade. Also China is basically forced to keep the dollar at a certain level, otherwise all of their foreign currency debt (which is in USD) will be devalued until it's worthless.
At the same time, the USA is in deep shit. There's no manufacturing base anymore and the US economy is basically based on consuming the products of other countries in return for issuing ever-increasing IOUs in the form of trade surpluses and at the same time devaluing their own currency by continually printing more money with each round of "quantitative easing."
The rest of the world knows this and that's why the USD (along with the US in general) is slowly sinking into the toilet.
At the same time, the USA is in deep shit. There's no manufacturing base anymore and the US economy is basically based on consuming the products of other countries in return for issuing ever-increasing IOUs in the form of trade surpluses and at the same time devaluing their own currency by continually printing more money with each round of "quantitative easing."
The rest of the world knows this and that's why the USD (along with the US in general) is slowly sinking into the toilet.
Shaken not Stirred
Registered Member
- Dec 30, 2010
- 94
- 72
I've noticed this problem too its decreased so much like every month I lose a little ammount but it all adds up.
Moneyman94
Junior Member
- Sep 2, 2010
- 118
- 38
Thank You Mr. Obama
bestclpvas
Newbie
- Mar 11, 2011
- 26
- 0
hi,
i think its not true, its going high day by day
i think its not true, its going high day by day
Aaric
Elite Member
- Mar 7, 2010
- 3,990
- 2,322
When will be next elections ?