US dollar value now sinking more than acceptable

darkbeaver

the universe is electric
Jan 26, 2006
41,035
201
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RR1 Distopia 666 Discordia
warrior_one You have just given me an idea which could be called a hobby for dark beaver, with all that exra power you are generating dark beaver, why not use on lighting up the garden at night on various plants or lights on your drive, which is putting you in the garden (call it a combined hobby) cos then with the garden lit up you can add those extra plants even when its dark

That's the plan boiler, solar veggeys, solar dreams, fornicate the driveway.:smile:
 

Lester

Council Member
Sep 28, 2007
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Ardrossan, Alberta
Don't count on commodities to go south- India and China are still in the double digits for growth, and India has introduced it's new "NANO" car which sells for about 2,200.00-well within the reach of millions of indian consumers. Iran is switching to EURO's on feb first as the only cuurency they will accept for oil, that means the U.S. will have to buy/borrow Euros if they want to buy oil from Iran - now you can see why there is a new WMD threat in Iran- a reason to go in there and straighten those impudent Iranians out. There was never a WMD threat in Iraq either, but Saddam was also ready to make the move to Petroeuro's and we saw what happened to him.
 

normbc9

Electoral Member
Nov 23, 2006
483
14
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California
It has been months since I first initiated this post and all that has happened to the US dollar is more depreciation on the world money market. Now with the Mortgage crunch, Credita Crad scam revelations and toher problems like the wealthy trying to come up with formulas to make it appear they wish to help those sinking the charade is finally starting to show. All the current Admnistration is interested in is keeping the cash flow moving for the wealthy at the expense of those who have next to nothing. All the currennt plans to help those in mortagae troubles do is to prolong their agony and fleece them of more hard earned money. When does it end??
 

normbc9

Electoral Member
Nov 23, 2006
483
14
18
California
As of 5:00 PM today PST the US dollar hit the lowest mark against the Euro it has ever experienced. The Euro may be getting a little stronger but the dollar is collapsing more now. The recent attempts to bolster the dollar are only serving the wealthy, not the avaerage working person. Those controllong to destiny of the US economy don't care either. They already have theirs and are financially secure.
 

harleyhunny

Time Out
Feb 25, 2008
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International
I just converted my money at the exchange and in three weeks the US dollar has sunk again in relation tot he Euro. My only concern is that the US economy is sinking, not that the other denominations are growing. What are you all thinking?

I love the US, the people, the weather, they have it all. I also do not mind the dollar being lower than the Canadian right now. It is good for the investor, those with money that can take advantage of this opportunity.;-)
 

#juan

Hall of Fame Member
Aug 30, 2005
18,326
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One thing nobody has mentioned yet is the rising household debt in the U.S. and Canada. Some pundits tell us that the average family has a debt of something over $20,000.00, not including any mortgage debt. Personal bankruptcies are up and personal savings are at an all time low. I'm no economist but this sounds like a problem.
 

MikeyDB

House Member
Jun 9, 2006
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Nah...

Just listen to ITN....

Everythings just fiiiiiiiiine!

Be happy

Don't worry

Anyone who thinks otherwise is to quote ITN PHUKED UP....

Or to paraphrase ITN....HAS SERIOUS PROBLEMS AND NEEDS HELP.....

Sub-prime mortgage collapse.... no big deal....

Home foreclosures.....just a market adjustment....

Lost jobs......anticipated fluctuation in global economy.....

Be happy

Don't worry

ITN has the answer.....

Of course you might find it difficult hearing what he has to say from the sandpile he's got his head buried in.....
 

Zzarchov

House Member
Aug 28, 2006
4,600
100
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Actually, technically..

Savings are a terrible thing for an economy, "the paradox of thrift", saving makes everyone poorer since its Fiat money we use, its just taking it out of the economy and losing the multiplier effect.
 

MikeyDB

House Member
Jun 9, 2006
4,612
63
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Yeah a solid point Zzarchov

It's so much more beneficial to have pretend money....credit cards, loans and mortgages of "virtual money"....

Just print some more cash......

No money down

No payments for thirty days

And if you've got ...bad credit....bankruptcy......no job......no problem!!!!

Sure we can all live on "let's pretend".....I'm sure that will be accepted at the gas pumps and the grocery store for as long as they're able to stay open.....

Wonderful economic theories that have demonstrated their rock-steady dependability....
 

Albertabound

Electoral Member
Sep 2, 2006
555
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So do tell, Toro and the rest of you. What is this magical event that is going to take place that will turn everthing around in the US? What will turn around the value of the ever sinking US dollar. And please do not call it the greenback, none of this would ever have happened if the dollar was converted into greenbacks....Lincon, Kennedy....you know!

And to any of you that plan on buying US dollars........good luck with that.
 

darkbeaver

the universe is electric
Jan 26, 2006
41,035
201
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RR1 Distopia 666 Discordia
If you don't have gold or silver in savings you can diversify into vegetables and or firewood. I have divested myself of currency (a short exercise) and am exploring more fully the real economy which begins with the stomach, after a fine turnip and potatoe dinner followed by a fiddle-head dessert one often wants to relax in a tub of hot water boiled over a wood fire. It's not glamorous, it's not up-town, it's not sophisticated but it is solid real opulence not the phony new-age crap like positive thinking which won't boil water whatever you do with it.
While the new-age economy tanks the earth connected real economy takes over, get used to it, if you don't know whats with what and where chickens come from you have about eight months to learn after that it's winter again, if you ain't ready you ain't goin to see another spring. Good-Luck.
 

darkbeaver

the universe is electric
Jan 26, 2006
41,035
201
63
RR1 Distopia 666 Discordia
So do tell, Toro and the rest of you. What is this magical event that is going to take place that will turn everthing around in the US? What will turn around the value of the ever sinking US dollar. And please do not call it the greenback, none of this would ever have happened if the dollar was converted into greenbacks....Lincon, Kennedy....you know!

And to any of you that plan on buying US dollars........good luck with that.

Good-day AB how's it hangin? Ain't it amazing the number of people waiting to be saved by the turn arround? I'm still shaken when I see the disconnect among so many relatively young people here at Triple C, they seem unable to see behind the mainstream BS to the core problems and have an unreal expectation of market salvation even in the face of historical evidence to the contrary. They should read up on the depression and the police state but they're to busy watching TV and worrying about this seasons fashion choices. The NWO will have a use for them though, they'll become team players, or they won't eat.
 

Albertabound

Electoral Member
Sep 2, 2006
555
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Hey DB, well i'm back from another work stint, and back with more proof there is no oil shortage. At $100/barrel why pump the easy oil out. I was at the last known area of Alberta to have any kind of oil rig work or oil activity taking place and yes they are still capping wells saving for another day. In a month and a half I only say 3 rig moves. Most all oil activity has now been shut down other than Fort McMoney. While I was there major lay offs were announced with several major oil companies. I know it has nothing to do withthe post just keeping you guys updated