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24th January 2008, 05:57
| #1 (permalink) |
| I'm a Gold Member   Join Date: Feb 2002 Location: New England USA Age: 36 I am Male
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My Mood:  Rep Power: 26  |  The American dollar takes a fall. For many years now I have noticed many things about this round of economic growth that put a big question mark in my mind, how!?! Well now we know, but now after the boom went bust we have the falling of the dollar, actually the dollar falling have been going for some time now how has that affected others around the world? Discuss.
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24th January 2008, 12:09
| #2 (permalink) |
| Website Team  Join Date: Jan 2002 Location: London I am Male
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My Mood:  Rep Power: 64 | Re: The American dollar takes a fall. The falling dollar owes much to the fact that some countries are now trading oil in Euros, which incidently, is what Saddam Hussein was threatening to do before the invasion.
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24th January 2008, 12:17
| #3 (permalink) |
| I'm a Silver Member   Join Date: Jan 2008 Location: Great Britain I am Female
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My Mood:  Rep Power: 6 | Re: The American dollar takes a fall. Well, I've noticed that it's cheaper than chips to go shopping or on vacation in the US now. I wonder how long it will be until the US changes over to Euros? |
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24th January 2008, 15:21
| #4 (permalink) | |
| I'm a Silver Member   Join Date: Jun 2007 Location: Italy Age: 19 I am Male
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My Mood:  Rep Power: 0  | Re: The American dollar takes a fall. Quote:
Lol, it would be kinda... comic...
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24th January 2008, 15:58
| #5 (permalink) |
| I'm a Silver Member   Join Date: Jun 2005 Location: UK I am Male
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My Mood:  Rep Power: 11 | Re: The American dollar takes a fall. The weaker dollar has made it great for us when we visit the US. We get to shop and eat for a lot less than we would in the UK. Let me just say...it's made shoe shopping quite a less painful experience for myself. It's the opposite for US citizens coming over here though!
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24th January 2008, 16:26
| #6 (permalink) |
| I'm a Bronze Member  Join Date: Jan 2008 Location: USA I am Male
Posts: 62
Thanks: 0 Thanked 22 Times in 12 Posts Rep Power: 1 | Re: The American dollar takes a fall. *Begin tounge-in-cheek patriotism* America on Euros - rofl rofl rofl. We are far to stubborn and ignorant to ever go there! Certainly you know what's good for the rest of the world is not good for US! *End that rant* More seriously, much of my business comes from outside the US. When the dollar falls, I get a lot more work since my customers/clients can buy more of my time for less of their currency. When the dollar rises, there's usually strong economics in the US that benefit investment. So, I win both sides of that! On my most recent trip to Europe, I did wonder how everyone there can afford to live though! Looking forward to seeing you all here in heels! Brit. |
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24th January 2008, 19:19
| #7 (permalink) |
| Website Team Join Date: Jan 2002 Location: London I am Male
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My Mood: Rep Power: 64 | Re: The American dollar takes a fall. I can't see the US adopting Euros, I mean we're not going to do anytime soon so why should the Americans! LOL On a more serious note, I can see Euros eventually replacing the Dollar as the standard currency against which all others are compared.
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24th January 2008, 22:05
| #8 (permalink) |
| I'm a Gold Member  Join Date: Jan 2002 Location: England Age: 44 I am Male
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My Mood:  Rep Power: 45 | Re: The American dollar takes a fall. The Dollar is going to take a further hit against sterling because of the drop in interest rate, but it's likely we'll have to drop the UK rate to lessen possible recession, so it's only a temporary situation I'd agree the Euro is likely to take over as the most important world currency. It now has a much broader international and financial base behind it. If Britain ever joined the Euro, that would be another nail in the coffin for the dollar.
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24th January 2008, 22:21
| #10 (permalink) | |
| I'm a Silver Member  Join Date: Dec 2006 Location: Sweden I am Male
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My Mood:  Rep Power: 4 | Re: The American dollar takes a fall. Quote:
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