EUR will drop down against USD in next 12 months - GoFuckYourself.com

seeandsee · 11-05-2011, 08:53 AM

Hey Europe webmasters,

i think it will go around 1eur : 1.17usd or less in next 12 months,

fucking EU is holding weak and it will burst next year... Greek now and then later next year Italy for bigger crash, some other countries will jump in train soon too...

So my proposition is to save your USD stack on safe, and exchange them later...

Klen · 11-05-2011, 09:03 AM

It wont happen.

BIGTYMER · 11-05-2011, 09:05 AM

I agree it could happen. The EU is crumbling.

Klen · 11-05-2011, 09:45 AM

Quote:

Originally Posted by BIGTYMER

I agree it could happen. The EU is crumbling.

Illuminati wont allow it

Tjeezers · 11-05-2011, 10:42 AM

.......... but what does this mean for the industry in general?

AnalProbe · 11-05-2011, 10:46 AM

After the dollar collapses, maybe...

Do you have any idea how many trillion the US debt really is ?

DateDoc · 11-05-2011, 10:50 AM

It might but as the dollar strengthens it will hurt US exports so that may deepen our recession and counterbalance the Euro's decline.

AnalProbe · 11-05-2011, 11:01 AM

To answer this question, you first have to know a few things...

Markul · 11-05-2011, 11:38 AM

LOL EU will not crumble, neither will the US.

seeandsee · 11-05-2011, 11:41 AM

Angela Merkel just told that recession will end in 10 years, lol

Frank21 · 11-05-2011, 11:43 AM

A massive war against Iran will skyrocket the OIL price to new alltime highs as well as many other commodities, since these are priced in USD it is a natural result that the USD will jump much higher as it is now.
Also since the EURO is creating money out of thin air despite all the lies that the EURO would NOT create money out of this air will result in a lower EURO.
So a much higher USD may actualy be possible.

ContentPimp · 11-05-2011, 11:54 AM

Sounds great!

seeandsee · 11-05-2011, 12:10 PM

Quote:

Originally Posted by Frank21

Also since the EURO is creating money out of thin air despite all the lies that the EURO would NOT create money out of this air will result in a lower EURO.

10,792.8 metric tons of gold is worth about ?315 billion at today?s prices. The European Central Bank publishes ?M1,? which includes all the paper bills and coins in circulation and all overnight deposits at the European Central Bank. M1 as of November 2010 (the latest report) was ?4,683.5 B meaning that their currency is only 6.7% backed by gold.

You are right, USD have oil on his back, EUR have tiny gold support.
I think EUR cant rise above anytime soon...

TheMaster · 11-05-2011, 12:35 PM

Would be great, but don't expect it. Every time the euro falls, the Americans find a way to fuck up the dollar again in a couple of days. Greece is like 1,5% of the eurozone's economy, there's bigger parts of the US economy that are in trouble. If you compare the news and numbers like poverty, savings, average wealth etc etc EU is scoring better, especially in Western-Europe and Scandinavia. Look I haven't any news reports of middle class people going look for leftover vegetables on fields like last year in US and people aren't working 2 or 3 jobs. That said I would love a stronger dollar

AnalProbe · 11-05-2011, 12:47 PM

Try these :

http://en.wikipedia.org/wiki/Net_int...tment_position

http://en.wikipedia.org/wiki/List_of..._external_debt

http://en.wikipedia.org/wiki/List_of...by_public_debt

alias · 11-05-2011, 01:38 PM

Quote:

Originally Posted by AnalProbe

To answer this question, you first have to know a few things...

Interesting. Amen.. .

ilnjscb · 11-05-2011, 03:01 PM

Quote:

Originally Posted by seeandsee

Hey Europe webmasters,

i think it will go around 1eur : 1.17usd or less in next 12 months,

fucking EU is holding weak and it will burst next year... Greek now and then later next year Italy for bigger crash, some other countries will jump in train soon too...

So my proposition is to save your USD stack on safe, and exchange them later...

If they lower rates, the dollar will go up against the Euro.

Barry-xlovecam · 11-05-2011, 04:48 PM

It's a battle of who is worse both the USA and the EU economies are a mess.

Short term there could be a fall in the € v. $ price to maybe 1€ = $1.27

More likely than a war in Iran is a blockade and possibly the effect of an oil shortage that will definitely be worse for those dependent on Iranian oil in this scenario.

adult_text_links · 11-05-2011, 04:48 PM

Quote:

Originally Posted by KlenTelaris

It wont happen.

1.30 by Dec 31 2011

AnalProbe · 11-05-2011, 07:41 PM

VIXEN ESCORTS · 11-05-2011, 08:06 PM

"Now compare this to England where the GDP is $2.7 trillion as external debt is $8.9 trillion. Meaning, their external debt is 400% of what the the country grosses as a whole as 1/3 of tax revenues, pay only the interest on the debt as they borrow more principle totally $8.9 trillion."

I can confirm that you are talking a complete and utter crock of shit here, not only with your ignorance of basic geography but your numbers are complete fantasy. UK national debt is something, ball park, $1.5 trillion NOT $8.9 !!!! WTF

AnalProbe · 11-05-2011, 08:19 PM

Quote:

Originally Posted by UKVixens

"Now compare this to England where the GDP is $2.7 trillion as external debt is $8.9 trillion. Meaning, their external debt is 400% of what the the country grosses as a whole as 1/3 of tax revenues, pay only the interest on the debt as they borrow more principle totally $8.9 trillion."

I can confirm that you are talking a complete and utter crock of shit here, not only with your ignorance of basic geography but your numbers are complete fantasy. UK national debt is something, ball park, $1.5 trillion NOT $8.9 !!!! WTF

I posted 3 links in this thread (look it up), 1 of them was a list of external debts of all countries :

http://en.wikipedia.org/wiki/List_of..._external_debt

Which shows that the UK indeed has $8.9 trillion ext debt, but...

You need to know the balance between ext debt and ext assets... so that's why I posted the following link first :

http://en.wikipedia.org/wiki/Net_int...tment_position

VIXEN ESCORTS · 11-05-2011, 08:20 PM

Very wrong, I don't see $8.9 Trillion dollars anywhere, that came out of your retarded brain. UK total national debt is close to ONE TRILLION POUNDS
http://www.debtbombshell.com/

That's about $1.6 TRILLION dollars, and you know what fucks me off, we bobbed along for 300 years, then that cunt Gordon Brown DOUBLED it in just 5 years.

VIXEN ESCORTS · 11-05-2011, 08:26 PM

Quote:

Originally Posted by AnalProbe

I posted 3 links in this thread (look it up), 1 of them was a list of external debts of all countries :

http://en.wikipedia.org/wiki/List_of..._external_debt

Which shows that the UK indeed has $8.9 trillion ext debt, but...

You need to know the balance between ext debt and ext assets... so that's why I posted the following link first :

http://en.wikipedia.org/wiki/Net_int...tment_position

That's public and private debt dated June 2010 ?!?! The Euro problem and US problem is PUBLIC debt, those governments spend too much. Greece is bust, forget private debt, this is about sovereign debt.

AnalProbe · 11-05-2011, 08:29 PM

Quote:

Originally Posted by AnalProbe

Try these :

http://en.wikipedia.org/wiki/Net_int...tment_position

http://en.wikipedia.org/wiki/List_of..._external_debt

http://en.wikipedia.org/wiki/List_of...by_public_debt

Getting tired of repeating the same thing.

Check out the last link.

Frank21 · 11-05-2011, 08:33 PM

what about the obligations tho:

65 trillion for usa...more as the GDP of the whole world.

http://thefinalhour.blogspot.com/200...ligations.html

Frank21 · 11-05-2011, 08:36 PM

Quote:

Originally Posted by Jesus H Christ

And the Euro Zone doesn't have obligations?

i dont have a clue, do you?

AnalProbe · 11-05-2011, 08:42 PM

You all forget Russia... almost no debts (9%) and, as the biggest country in the world with plenty of natural resources, a flat corporate tax of 13%, positive figures, stable currency, they will survive any outcome we're debating today.

{Psycho} · 11-05-2011, 08:43 PM

You got to be kidding me

RyuLion · 11-05-2011, 08:44 PM

Quote:

Originally Posted by Markul

LOL EU will not crumble, neither will the US.

AnalProbe · 11-05-2011, 08:49 PM

Russia and China combined have less external debts than Canada alone.

get it ?

Russia has less external debts than Denmark, an EU country with less than 6 milliion inhabitants.

AnalProbe · 11-06-2011, 04:45 AM

Quote:

Originally Posted by Jesus H Christ

They had a total financial collapse in 1998. They bounced back rather quickly and a prime example that's it more then possible for the rest of the western world to follow suit and correct itself.

The true problem is we'll have to crash because one, we're already too far gone. Two, the people who control the capital will NEVER admit a defeat or total loss until it's all gone. They are such megalomaniacs and sociopaths they are still in denial about where our finances are now.

Anyway, Russia could easily be the next financial powerhouse, but never will. The true problem with Russia is they just can't shake their corruption. It's sad because they have some of the smartest financial people in the world. What Russia truly needs it to clean house and release it's authority to the politicians and judges.

Also, if there is a country that ever needed a second Amendment, it's Russia. In short, let them go around shooting each other before they figure out it's more profitable to work together due to the money circulation always creates more wealth rather then trying to always be the king of the serfs mentality.

True...

They're working on it, but it's still an issue.

This list gives a nice infication of corruption by country :

http://en.wikipedia.org/wiki/Corrupt...ceptions_Index

grumpy · 11-06-2011, 06:52 AM

oil states are dropping the dollar. Us economy is on the edge collapsing. Dollar and Euro will both drop.

TheSquealer · 11-06-2011, 07:12 AM

Quote:

Originally Posted by Jesus H Christ

They had a total financial collapse in 1998. They bounced back rather quickly and a prime example that's it more then possible for the rest of the western world to follow suit and correct itself.

They bounced back due to skyrocketing oil prices. For no other reason. Russia is still a basketcase.

AnalProbe · 11-06-2011, 07:54 AM

Quote:

Originally Posted by grumpy

oil states are dropping the dollar. Us economy is on the edge collapsing. Dollar and Euro will both drop.

Russia, Asia, South America will flourish.

Serge Litehead · 11-06-2011, 08:10 AM

Russia rebounded from 90s collapse only due to their natural resources.

12clicks · 11-06-2011, 08:16 AM

Quote:

Originally Posted by Jesus H Christ

I highly doubt the Euro will have any significant value within the next few years. As one country, the US by volume has more external debt, but if you combined the Euro zones as one country, their external debt per-capita is much much higher.

The US GDP is $14 trillion as our external debt is the same. Now compare this to England where the GDP is $2.7 trillion as external debt is $8.9 trillion. Meaning, their external debt is 400% of what the the country grosses as a whole as 1/3 of tax revenues, pay only the interest on the debt as they borrow more principle totally $8.9 trillion.

There are much worse countries like Ireland. Here's a simple example/scenario for all to understand, your average Irish citizen earns $36k yearly. Let's say they were also given a national credit card issued by the government. Their cards as of now, would have an outstanding balance of -$566,000. After paying the basic necessities like room/board, the rest of the income must pay down on the minimum interest owed, without ever having enough to pay/reduce the original debt.

Finally, the ECB is not the Fed Reserve and can't simply print more money without all members agreeing, as we're seeing countries like Finland demanding collateral, as Greece refuses, but needs more money so the country can actually function. In short, they're union is not like our US Congress and takes time for all of them to agree on something.

Although, they'll want/need to devalue the Euro so inflation eats some of the debt, they can't because the EU members voted a type of Weimar republic clause for the Euro.

Currently it's turning into a circus and typical Europeans who refuse to take responsibility for themselves and only focus on the other guys problems to hide theirs. It won't be long before countries with the most debt start dropping from the EU zone causing financial collapse as the remaining members cannibalize their resources to subsidize their own debts.

The Americans know this too as we've manipulate our own markets to make everything appear all is okay, when in truth, our dollar is collapsing because the Fed Reserve refused to let banks fail and let the markets correct themselves like a true capitalistic society.

Don't believe me? - When have you seen the dollar and gold devalue at the same time?

What does all this mean? - Get your money out of banks/markets because eventually they have to fail to correct themselves or we'll be bartering for goods and services because currencies will be worthless.

Good post Jesus.
I don't see the euro staying viable long term. From where I sit, all it's done is weaken the few strong countries, making them ALL vulnerable.

CaptainHowdy · 11-06-2011, 08:18 AM

Everything will drop eventually ...

seeandsee · 11-06-2011, 08:45 AM

EUR declined 1.32% against the USD when Papandreu called people to vote for or against their bailout plan, imagine now what will we have in Italy, they cant do nothing...

Thomas007 · 11-07-2011, 03:22 AM

I would prefer they let it all crash so we can get a started on cleaning up.
Right now nobody want's to be responsible for anything, and end up being responsible anyway because they don't do anything or let that drop they can't hold so we can start cleaning up.

PornDiscounts-R · 11-07-2011, 03:42 AM

Quote:

Originally Posted by Thomas007

I would prefer they let it all crash so we can get a started on cleaning up.
Right now nobody want's to be responsible for anything, and end up being responsible anyway because they don't do anything or let that drop they can't hold so we can start cleaning up.

Bold move...but i can follow your thoughts np

Waiter · 11-07-2011, 04:47 AM

the end of the world is coming

BIGTYMER · 11-07-2011, 05:03 AM

Put your hard hats on boys! It's gonna be a bumpy ride!

PowerCum · 11-07-2011, 05:20 AM

It's more a problem of attitude and bureucratic mess.

In EU no one is responsible and everyone blames others for the problems while in USA the blaming is not in such way and institutions at least move themselves in some direction.

In EU every country has it's own laws and vote, including most of the monetary stuff. That's like Michigan telling the Fed that they are not OK with printing or doing something with the USD. It's a complete mess because there is no centralized monetary governance.

There is no centralized government in EU... Well, there is one, but they do practically nothing nor have experience how to do it.

So, here you are comparing one strong currency like the USD with a centralized governance since lots of time ago with an uncentralized currency like Euro that has existed 8 years.
It's not that both currencies don't screw up, the difference is that the USA have more than a century of experience about how to manage a centralized currency while EU has no such experience, so they are making beginners mistakes.

In the long run Euro will dissapear or get replaced with something else unless they fix the governing part for that currency.

In USA you have ONE government to blame and that government tends to see the entire USA as ONE big whole. In EU we have more than 25 governments that only see their own territory while they don't care much about the others.
To those who say that Germany and France are seing EU as a whole because they "help" Greece... you should know that France and Germany have more than 100 trillinon/billion (whatever it is the big thing that makes countries go bankrupt... it's too much to be handled) in direct and indirect Greece debts as "investments". If Greece goes out of the Euro or defaults, then France will go bankrupt the next day. So basically, frenchies and germans are trying to save their own asses there... I guess that speculating against your own currency doesn't pay out on the long run

Othewise, how do you explain that 1.5% of the economy can drag down all the rest?

SimonScans · 11-07-2011, 05:34 AM

Interesting morning happening in Europe today. Greece remains exactly as fucked as ever, except now Italy is heading into bailout territory as well with bonds hitting 6.6%. Translated = We used all the water in Greece and only managed to stop the fire getting worse, but couldn't put it out. Now Italy is on fire and we have none left.

One thing everyone agrees on is that Italy is TOO BIG TO SAVE.

Also interesting, last week the G20 wanted more collateral added to the European Financial Stability Facility by Germany - but not in paper euros - which the Germans are reasonably happy to hand over in vast quantities, but as GOLD. The firm answer from Germany; NO. Turns out, when the chips are down gold trumps all and no one with any sense will risk it. Gold isn't the bubble, Euros and possibly also USD are.

adult-help · 11-07-2011, 05:41 AM

i dont know if it will happen. US is weak too..

11-05-2011, 08:53 AM	#1
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	EUR will drop down against USD in next 12 months Hey Europe webmasters, i think it will go around 1eur : 1.17usd or less in next 12 months, fucking EU is holding weak and it will burst next year... Greek now and then later next year Italy for bigger crash, some other countries will jump in train soon too... So my proposition is to save your USD stack on safe, and exchange them later... __________________ BUY MY SIG - 50$/Year Contact here

11-05-2011, 10:42 AM	#5
Tjeezers Webmaster Industry Role: Join Date: Mar 2007 Location: BP4L - NL/RO Posts: 16,556	.......... but what does this mean for the industry in general? __________________ Enroll in the SWAG Affiliate Asian Live Cam Program and get 9 free quality linkbacks from my network! Wanna see how old school I am? Look at this! All my Cam Review Sites are here!

11-05-2011, 10:50 AM	#7
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	It might but as the dollar strengthens it will hurt US exports so that may deepen our recession and counterbalance the Euro's decline. __________________

11-05-2011, 11:41 AM	#10
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	Angela Merkel just told that recession will end in 10 years, lol __________________ BUY MY SIG - 50$/Year Contact here

11-05-2011, 11:43 AM	#11
Frank21 Confirmed User Industry Role: Join Date: May 2009 Posts: 733	A massive war against Iran will skyrocket the OIL price to new alltime highs as well as many other commodities, since these are priced in USD it is a natural result that the USD will jump much higher as it is now. Also since the EURO is creating money out of thin air despite all the lies that the EURO would NOT create money out of this air will result in a lower EURO. So a much higher USD may actualy be possible. __________________ www.Rate-My-Pussylips.com - FuckingFetish.com - for sale!!! - ExxGfs.com icq#: 598425939

11-05-2011, 09:03 AM	#2
Klen Industry Role: Join Date: Aug 2006 Location: Little Vienna Posts: 32,235	It wont happen.

11-05-2011, 09:05 AM	#3
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	I agree it could happen. The EU is crumbling.

11-05-2011, 10:46 AM	#6
AnalProbe pain in the Ass Industry Role: Join Date: Jan 2004 Posts: 3,727	After the dollar collapses, maybe... Do you have any idea how many trillion the US debt really is ?

11-05-2011, 11:01 AM	#8
AnalProbe pain in the Ass Industry Role: Join Date: Jan 2004 Posts: 3,727	To answer this question, you first have to know a few things...

11-05-2011, 11:38 AM	#9
Markul Likes Pie Industry Role: Join Date: Dec 2007 Location: The land that liberated porn Posts: 12,402	LOL EU will not crumble, neither will the US.

11-05-2011, 11:54 AM	#12
ContentPimp Confirmed User Join Date: Nov 2008 Posts: 3,184	Sounds great! __________________ Blog Post Writing and Reviews are 2 cents per word & Titles and Gallery Descriptions 1 cent per word We also write Pay Site Reviews, SEO and Mainstream text www.contentpimp.info Contact me on ICQ at 400792466 Payoneer, Paxum and Paypal Accepted forms of Payment by the Pimp

11-05-2011, 12:35 PM	#14
TheMaster Confirmed User Join Date: Nov 2003 Location: Prague Posts: 2,732	Would be great, but don't expect it. Every time the euro falls, the Americans find a way to fuck up the dollar again in a couple of days. Greece is like 1,5% of the eurozone's economy, there's bigger parts of the US economy that are in trouble. If you compare the news and numbers like poverty, savings, average wealth etc etc EU is scoring better, especially in Western-Europe and Scandinavia. Look I haven't any news reports of middle class people going look for leftover vegetables on fields like last year in US and people aren't working 2 or 3 jobs. That said I would love a stronger dollar __________________ Promote Chaturbate Free Cams

11-05-2011, 12:47 PM	#15
AnalProbe pain in the Ass Industry Role: Join Date: Jan 2004 Posts: 3,727	Try these : http://en.wikipedia.org/wiki/Net_int...tment_position http://en.wikipedia.org/wiki/List_of..._external_debt http://en.wikipedia.org/wiki/List_of...by_public_debt Last edited by AnalProbe; 11-05-2011 at 12:52 PM..

11-05-2011, 04:48 PM	#18
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	It's a battle of who is worse both the USA and the EU economies are a mess. Short term there could be a fall in the € v. $ price to maybe 1€ = $1.27 More likely than a war in Iran is a blockade and possibly the effect of an oil shortage that will definitely be worse for those dependent on Iranian oil in this scenario.

11-05-2011, 07:41 PM	#20
AnalProbe pain in the Ass Industry Role: Join Date: Jan 2004 Posts: 3,727

11-05-2011, 08:06 PM	#21
VIXEN ESCORTS Confirmed User Industry Role: Join Date: Oct 2003 Posts: 1,103	"Now compare this to England where the GDP is $2.7 trillion as external debt is $8.9 trillion. Meaning, their external debt is 400% of what the the country grosses as a whole as 1/3 of tax revenues, pay only the interest on the debt as they borrow more principle totally $8.9 trillion." I can confirm that you are talking a complete and utter crock of shit here, not only with your ignorance of basic geography but your numbers are complete fantasy. UK national debt is something, ball park, $1.5 trillion NOT $8.9 !!!! WTF

11-05-2011, 08:20 PM	#23
VIXEN ESCORTS Confirmed User Industry Role: Join Date: Oct 2003 Posts: 1,103	Very wrong, I don't see $8.9 Trillion dollars anywhere, that came out of your retarded brain. UK total national debt is close to ONE TRILLION POUNDS http://www.debtbombshell.com/ That's about $1.6 TRILLION dollars, and you know what fucks me off, we bobbed along for 300 years, then that cunt Gordon Brown DOUBLED it in just 5 years.

11-05-2011, 08:33 PM	#26
Frank21 Confirmed User Industry Role: Join Date: May 2009 Posts: 733	what about the obligations tho: 65 trillion for usa...more as the GDP of the whole world. http://thefinalhour.blogspot.com/200...ligations.html __________________ www.Rate-My-Pussylips.com - FuckingFetish.com - for sale!!! - ExxGfs.com icq#: 598425939

11-05-2011, 08:42 PM	#28
AnalProbe pain in the Ass Industry Role: Join Date: Jan 2004 Posts: 3,727	You all forget Russia... almost no debts (9%) and, as the biggest country in the world with plenty of natural resources, a flat corporate tax of 13%, positive figures, stable currency, they will survive any outcome we're debating today.

11-05-2011, 08:43 PM	#29
{Psycho} Confirmed User Industry Role: Join Date: Oct 2010 Location: Money Posts: 612	You got to be kidding me __________________ Quality Offshore VPS & Dedicated Servers Earn 65$ per Signups

11-05-2011, 08:49 PM	#31
AnalProbe pain in the Ass Industry Role: Join Date: Jan 2004 Posts: 3,727	Russia and China combined have less external debts than Canada alone. get it ? Russia has less external debts than Denmark, an EU country with less than 6 milliion inhabitants.

11-06-2011, 06:52 AM	#33
grumpy Too lazy to set a custom title Join Date: Jan 2002 Location: Holland Posts: 9,870	oil states are dropping the dollar. Us economy is on the edge collapsing. Dollar and Euro will both drop. __________________ Don't let greediness blur your vision \| You gotta let some shit slide icq - 441-456-888

11-06-2011, 08:10 AM	#36
Serge Litehead Confirmed User Industry Role: Join Date: Dec 2002 Location: Behind the scenes Posts: 5,190	Russia rebounded from 90s collapse only due to their natural resources. __________________ SilverCrocodile.com Adult web design since '05

11-06-2011, 08:18 AM	#38
CaptainHowdy Too lazy to set a custom title Industry Role: Join Date: Dec 2004 Location: Happy in the dark. Posts: 92,999	Everything will drop eventually ... __________________ FLASH SALE INSANITY! deal with a 100% Trusted Seller Buy Traffic Spots on a High-Quality Network 1 Year or Lifetime — That’s Right, Until the Internet Explodes!

11-06-2011, 08:45 AM	#39
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	EUR declined 1.32% against the USD when Papandreu called people to vote for or against their bailout plan, imagine now what will we have in Italy, they cant do nothing... __________________ BUY MY SIG - 50$/Year Contact here

11-07-2011, 03:22 AM	#40
Thomas007 Confirmed User Industry Role: Join Date: Aug 2001 Location: AdultReviews.com - Denmark - ICQ: 6565211 Posts: 920	I would prefer they let it all crash so we can get a started on cleaning up. Right now nobody want's to be responsible for anything, and end up being responsible anyway because they don't do anything or let that drop they can't hold so we can start cleaning up. __________________ Get your paysite reviewed by Adult Reviews Get your paysite reviewed by Porn Reviews

11-07-2011, 04:47 AM	#42
Waiter Too lazy to set a custom title Industry Role: Join Date: Dec 2006 Posts: 15,986	the end of the world is coming __________________ The Best Web Hosting Plan ... Amerinoc.com / Unlimited Transfer / Unlimited Web Space / Unlimited Domains / Unlimited Email + Databases ... And much more at Amerinoc.com

11-07-2011, 05:03 AM	#43
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	Put your hard hats on boys! It's gonna be a bumpy ride!

11-07-2011, 05:20 AM	#44
PowerCum CjOverkill Industry Role: Join Date: Apr 2003 Location: Woldwide Posts: 1,328	It's more a problem of attitude and bureucratic mess. In EU no one is responsible and everyone blames others for the problems while in USA the blaming is not in such way and institutions at least move themselves in some direction. In EU every country has it's own laws and vote, including most of the monetary stuff. That's like Michigan telling the Fed that they are not OK with printing or doing something with the USD. It's a complete mess because there is no centralized monetary governance. There is no centralized government in EU... Well, there is one, but they do practically nothing nor have experience how to do it. So, here you are comparing one strong currency like the USD with a centralized governance since lots of time ago with an uncentralized currency like Euro that has existed 8 years. It's not that both currencies don't screw up, the difference is that the USA have more than a century of experience about how to manage a centralized currency while EU has no such experience, so they are making beginners mistakes. In the long run Euro will dissapear or get replaced with something else unless they fix the governing part for that currency. In USA you have ONE government to blame and that government tends to see the entire USA as ONE big whole. In EU we have more than 25 governments that only see their own territory while they don't care much about the others. To those who say that Germany and France are seing EU as a whole because they "help" Greece... you should know that France and Germany have more than 100 trillinon/billion (whatever it is the big thing that makes countries go bankrupt... it's too much to be handled) in direct and indirect Greece debts as "investments". If Greece goes out of the Euro or defaults, then France will go bankrupt the next day. So basically, frenchies and germans are trying to save their own asses there... I guess that speculating against your own currency doesn't pay out on the long run Othewise, how do you explain that 1.5% of the economy can drag down all the rest? __________________ CjOverkill Traffic Trading Script Free, secure and fast traffic trading script. Get your copy now

11-07-2011, 05:34 AM	#45
SimonScans Confirmed User Industry Role: Join Date: Jun 2006 Posts: 342	Interesting morning happening in Europe today. Greece remains exactly as fucked as ever, except now Italy is heading into bailout territory as well with bonds hitting 6.6%. Translated = We used all the water in Greece and only managed to stop the fire getting worse, but couldn't put it out. Now Italy is on fire and we have none left. One thing everyone agrees on is that Italy is TOO BIG TO SAVE. Also interesting, last week the G20 wanted more collateral added to the European Financial Stability Facility by Germany - but not in paper euros - which the Germans are reasonably happy to hand over in vast quantities, but as GOLD. The firm answer from Germany; NO. Turns out, when the chips are down gold trumps all and no one with any sense will risk it. Gold isn't the bubble, Euros and possibly also USD are.

11-07-2011, 05:41 AM	#46
adult-help Confirmed User Industry Role: Join Date: Mar 2008 Posts: 2,450	i dont know if it will happen. US is weak too.. __________________ Adult web templates, Adult WordPress Themes, TGP, MGP.. also Complete Wordpress PaySite Development - Adult WordPress Blog Themes - Free FHG Templates - Free PaySite Script - Adult Tutorials Directory - Adult Domain Marketplace - Adult Jobs