The inevitable collapse of the dollar

SenorSanteria

SenorSanteria

Well-Known Member
Convert all your money into Euro's.

Youll make more money than your dollars would, even in a relatively aggressive mutual fund, and theres pretty much no risk. The euro is overtaking the dollar more by each day...
 
medicineman

medicineman

New Member
twostarhotel said:
for sure even that canadian
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The problem in converting is you have to have money to convert, IE savings. The average American family has a negative savings balance, You can't convert credit card debt into euros. I'm holding out for my Iraqi Dinars to come in, I know it's a long shot, but it is a shot.
 
iblazethatkush

iblazethatkush

Well-Known Member
SenorSanteria said:
Convert all your money into Euro's.

Youll make more money than your dollars would, even in a relatively aggressive mutual fund, and theres pretty much no risk. The euro is overtaking the dollar more by each day...
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This is all we really need to know....How to profit off the dollar's collapse. Wealth is not destroyed, only transferred. If your smart you can make money off this tragedy.
 
threatlevelorange

threatlevelorange

Well-Known Member
medicineman said:
The problem in converting is you have to have money to convert, IE savings. The average American family has a negative savings balance, You can't convert credit card debt into euros. I'm holding out for my Iraqi Dinars to come in, I know it's a long shot, but it is a shot.
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Whoa are you serious? I thought about that. I would put all my money in it if I had faith in it. Do you feel it is secure?
 
Wavels

Wavels

Well-Known Member
This is quite amusing!
Wishful thinking here on display!

Don’t any of you doom and gloomers remember what happened in the early 1990s when it was boldly predicted by the Looney left that the Japanese would become the preeminent economic power on the globe???
It never happened.

Same crap, different day!
 
SenorSanteria

SenorSanteria

Well-Known Member
Wavels said:
It never happened.
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Says who? Japan's economy is BOOMING. And by booming... i mean... kicking ours in the face.

This year Toyota just replaced General Motors as the #1 auto manufacturer in the world. Im sure its only a matter of time before Nissan and Honda pass GM too.

Japan may not be the economic SUPERPOWER that they predicted in 1990, but their success is nothing to be scoffed at. Maybe isolationism is the way to go?
 
twostarhotel

twostarhotel

Well-Known Member
yeah ive heard of people buying the iraqi dinars, id say its time to buy gold.
and yes its true the asians are kicking us out and booming right now! i work in vegas and the biggest spenders are the chinese, china is stepping up, not just because they spend in vegas, cause they are genuises when it comes to business
 
threatlevelorange

threatlevelorange

Well-Known Member
Wavels said:
This is quite amusing!
Wishful thinking here on display!

Don’t any of you doom and gloomers remember what happened in the early 1990s when it was boldly predicted by the Looney left that the Japanese would become the preeminent economic power on the globe???
It never happened.

Same crap, different day!
Click to expand...
the Looney Left knows nothing about economics. This is very real and has nothing to do with Japan or partisan.
 
Wavels

Wavels

Well-Known Member
Sorry all you naysayers, but the US economy remains the most productive in the world.
Wishing this to not be the case does not make it so....do a little research before making idiotic pronouncements which bear no resemblance to reality.
Go and look it up.
Japan is doing well but has a way to go yet...too bad huh? Kicking ass---lol!
 
twostarhotel

twostarhotel

Well-Known Member
the truth is that we have to borrow money to keep our productivity going. so then if youve done so much research then why are we in the deepest dept yet and why is our doller going down, and why are countries starting to drop our doller.
its more like that at rate its going right now, people have recognized the direction its going.
 
threatlevelorange

threatlevelorange

Well-Known Member
Wavels said:
Sorry all you naysayers, but the US economy remains the most productive in the world.
Wishing this to not be the case does not make it so....do a little research before making idiotic pronouncements which bear no resemblance to reality.
Go and look it up.
Japan is doing well but has a way to go yet...too bad huh? Kicking ass---lol!
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Look bro, the title was the inevitable collapse of the dollar...not how is the economy of the US compared to Japan. How did you guys even get so far from the topic? Europeans fly over here to do their shopping, and spend less even after the plane ticket. It is more common[place all the time. The reason? Decreasing dollar value compared to the Euro. They'll buy $5,000 worth of stuff for $2500. Its a no brainer. When we go over their...it hurts and we can't even go on vacation with the prices.
 
M

mr j2

Well-Known Member
wavels, you have to look deeper than just how the economy appears. The US has a national debt of over 9 billion dollars. They are just printing more and more money as needed with nothing to back it up. This is where the dollar value starts decreasing. And you say how japan's economy isn't great and the US is so much better, but the US' economy is dependent upon countries like japan
 
threatlevelorange

threatlevelorange

Well-Known Member
mr j2 said:
wavels, you have to look deeper than just how the economy appears. The US has a national debt of over 9 billion dollars. They are just printing more and more money as needed with nothing to back it up. This is where the dollar value starts decreasing. And you say how japan's economy isn't great and the US is so much better, but the US' economy is dependent upon countries like japan
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try trillion....yea with a T.

Anyways your still off topic.
 
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