Dollar Falls to Weakest Since 1995 to Yen, Record Against Euro.The dollar looks in real trouble and there is no obvious resistance level against the euro.WHAT U ALL THINK OF IT.

Im kinda pissed cause Im going to Greece next week and this trip costing a hell of alot more then it should ....

I guess the gigs up with the dollar, its not back by much these days and we have way to much debt....The U.S. needs to cut the credit cards up and start paying some debt down and then maybe the dollar can be saved...Just my thoughts :)

Ohhh yeah... THIS should be an interesting subject for all these economics wizards to chew on...

Yay for living in America......


Who wants to move to Aussie with me?

They are releasing video games in Europe first now. It's the end of the American hegemonic state.

I think this more of a current events thread.

The Euro is not sustainable. It will fall. May take a few years, but will not last. The yen has already been exposed to be highly volatile. It will fluctuate forever. The biggest issues with the dollar are:

Trade defecit (See NAFTA, lack of American manufacturing base and breaks for corporations who outsource jobs overseas)
Budget Defecit (see WAR)
Lack of Federal Regulation of corporations and finance (See Sub Prime Credit Meltdown)
Skyrocketing crude oil prices (See point 3)
"Conservative" Economic Principles (see points 1-4)

These can all be mitigated if not completely eliminated, but it all depends on the political climate and the public's stomach for the government's brazen disregard for the American people.

My stomach doesn't care for this government's brazen disregard.

rtaylor, you seem well read. Can any of the canidates end this crap. Seems McCain is going to be the same things again. The Dems tend to raise my taxes........whats your thought?

The muscular euro will not be kind to Americans visiting Europe.

On the other hand, the stronger euro makes shopping trips to the U.S. more appealing to Europeans.

Time to invest in euros.

The only way to pay down the debt is to end the war, as well as stimulate industry and the infrastructure.

In other words, put more people to work and more dollars in their pockets so they can buy more goods and services.

Also, try to pay down our huge debts with China and Mexico.

http://www.brillig.com/debt_clock/

That's not surprising
Japan's economy is recovering from 1990 bubble burst
and we have dubya dufus dumbf--k for a prez
dumbest bastard to ever "lead" any country
makes Idi Amin, Castro, kim il Jung look like geniuses

Socialism and Communism are fantastic fixes.

For about a year or two.

Then the world goes to hell and we're back in the dark ages.

Good luck with that.

Our exports are up, imports are down and we are creating jobs in the US at a faster rate because the dollar is weak. China is the flagship country for deflating its own currency so that it will export more and increase its job level.

The US government is deflating the value of the dollar on purpose.

all part of the american union. 2015 our country as we know it ceases to exist

I have a friend there whom keeps BEGGING me to move there. I'll be in Sydney in August for a wedding. Wanna join?

You sound like a broken friggin record.......lol. I am sure it will be so much better next year......Yes, that is sarcasm.

Yes, lots of min. wage jobs. People just love min. wage jobs.

It's Canada's fault!

Blame Canada!!