WOW -Euro down 10 cents in a week

Aug 13th, 2008, 02:53 AM
  #21  
 
Join Date: Aug 2007
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Hey travelgourmet, is the compressed air car the one from an Indian company?

I don't remember who was developing it, but the article mentioned that it was receiving strong interest in India.
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Aug 13th, 2008, 04:00 AM
  #22  
 
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It's a bit rich to find Americans commenting on the ups and downs of the dollar against the Euro and generally having a whinge.

Why are currencies all over the place? Why are we all suffering with higher interest rates for our home repayments?

Answer? - because the US is a "free market economy" with no checks and balances. With corruption and bad management everywhere you look.

I would ask you to remember that it is your crap systems that have triggered the global crisis.
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Aug 13th, 2008, 06:37 AM
  #23  
 
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Ten cents in a week. That means I can plan my free trip to Europe in only 15 more weeks.
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Aug 13th, 2008, 06:52 AM
  #24  
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Afterall

"I would ask you to remember that it is your crap systems that have triggered the global crisis."

And I would ask you to remember that the American people as well as the people of every country in the world are the victims in this matter of the multi-national corporations and the WTO and the worldwide conglomeration of bankers called in this country the Federal Reserve whose purpose is to return the people to serfdom who are to blame.

When you say " YOU" dont point it at the people -
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Aug 13th, 2008, 08:00 AM
  #25  
 
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Would somebody please post a chart of M3 and M2 and explain the implications to the fodorites. Is a correct chart even available. You're going downhill much faster than it took to climb.

American consumers are guilty, because they don't save any money and live on credit. YES, they do! The FED is guilty of poviding easy money. Still some folks talk crap about how different employment rates would still matter...

The money is flowing all round the planet looking for a "nice" place to gain interest, it will find it's way into circulation.

30% more M3 this year? Or how much?

You don't even need to be moderately educated to see it'll crash. There's no alternative.

Well, who cares.
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Aug 13th, 2008, 08:21 AM
  #26  
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Well then buy gold and silver coins and be prepared for it all to crash. Silver only $14.75 and gold cheapest its been in months $825.30.

Oil going up $3.00 by the way as Russia continues to destroy parts of Georgia, their ships and people.

I thought he (Putin) agreed yesterday to a cease fire.

and GWB, the cowboy, sending Sec of defense Gates to Georgia to show solidarity as well as do nothing Rice.
Putin knows there is not enough American Army to fight on three fronts. And notice he attacks in the summer...probably couldn't get those warships into the Black Sea in the winter.

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Aug 13th, 2008, 08:31 AM
  #27  
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"American consumers are guilty, because they don't save any money and live on credit. "

Bull. Amerian consumers live on credit and cant save because the good paying jobs and manufacturing as well as white collar jobs now, have been outsourced to other countries , thank you WTO and G-8, while the government allows illegal aliens to take labor jobs.

Yep, the Fed is printing money devaluing the dollar, the same way Germans had to take a wheelbarrow full of paper marks to the grocery store to buy a loaf of bread, because of their Third Reich govt. Sure it was all the German people's fault cause they didnt save money.(sarcasm)

Anyone with any sense would know how ridiculous those statements are.
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Aug 13th, 2008, 08:39 AM
  #28  
 
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nonsense, Americans don't live on credit and not save because Indians are doing customer service calls. Most white-collar jobs are not outsourced, although I know a few that might be called that which were, but they were really engineering and programming jobs for a big multinational. It's mainly manufacturing jobs, and some people need to learn new skills or get some education, the world changes. Americans love cheap stuff, they go in droves to Walmart, etc., to buy it.

Americans live on credit and don't save because they are a very consumer-oriented society, and the values in the country support that behavior, for the most part. I saved money when I was working at minumum wage because I don't believe in debt or buying stuff I don't need, and I don't buy fast food or stuff like that.
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Aug 13th, 2008, 08:42 AM
  #29  
 
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Some education (maybe history) does indeed help when making some statements.
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Aug 13th, 2008, 09:27 AM
  #30  
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"It's mainly manufacturing jobs, and some people need to learn new skills or get some education, the world changes."

Wrong.

IT jobs, your xrays and cat scans are being read in India instead of by a radiologist in the US, executive jobs are being outsourced, and executive jobs not being outsourced are having insourcing. A little googling might be informative. The news is there.

Learn new skills ? Men in their 40's , 50's and 60's who were executives earning high 5 and 6 figure salaries are learning new skills. They are learning to flip hamburgers at McDonals etc after years of trying to find jobs at their level with no result.
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Aug 13th, 2008, 09:33 AM
  #31  
 
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You're not older than 16 years, so how would you know.

The answer to you "Bull" statment is M2+M3.

And no Germans didn't need wheelbarrels they were simply looting in other countries almost like others do today by "printing" money. The bad times came later.
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