US Dollar's exchange rate!

[july052007 0]

why is the US dollar continue to slope down?? whats happening??

[Nessa 23]

Blame on global warming

[Dan J 277]

Credit crunch, or banks gave out too many mortgages and people cant pay.

[tsokolayt 0]

why is the US dollar continue to slope down?? whats happening??

how about giving welfare to those who are lazy and not working just because they dont want to...

how about the war??

hmmmm... goiing political...

how about....

[mawilson 2,133]

how about the war??

Yeah, they should bring our troops

home.

[almaty 19]

Blame on global warming

nope..illegals

[Nessa 23]

Blame on global warming

nope..illegals

[Heracles 417]

why is the US dollar continue to slope down?? whats happening??

It has a lot to do with the people who used to own the US dollar getting rid of it.

If China, who owns hundreds of billions of US dollars, was to offload all of their US currency, the dollar would be worthless overnight..

[The_dip_sticks 0]

Blame Bush #######. I think we need Lewinsky back in white house maybe if she cleared the pipes head can think with his real head

Edited August 20, 2007 by The_dip_sticks

[The_dip_sticks 0]

Edit:

Blame Bush #######. I think we need Lewinsky back in white house maybe if she cleares the pipes Bush can get do some REAL good for us before he is out of office. Maybe then we will think with his real head and stop playing around in his Texas ranch. Our president has sadly finished with the US in so many ways. The next president has a big job ahead in cleaning up the mess that Bush has done.

Big investors took their nice $$$$$$$ and gold out of our banks and invested in the Euro. They keep going up while this ship is skinking.

[mendeleev 69]

Seems rather strange, but the dollar has been growing strongly against several foreign currencies, including the Euro, during August.

The dollar has been weakening against the Yen, though.

[Heracles 417]

Edit:

Blame Bush #######. I think we need Lewinsky back in white house maybe if she cleares the pipes Bush can get do some REAL good for us before he is out of office. Maybe then we will think with his real head and stop playing around in his Texas ranch. Our president has sadly finished with the US in so many ways. The next president has a big job ahead in cleaning up the mess that Bush has done.

Big investors took their nice $$$$$$$ and gold out of our banks and invested in the Euro. They keep going up while this ship is skinking.

Isn't both the congress and house controlled by democrats?? Bush is the president but he is not responsible for the actions of everyone else. For example the $41.1 billion dollars sent overseas, by immigrants, every year.

[Dan J 277]

Edit:

Blame Bush #######. I think we need Lewinsky back in white house maybe if she cleares the pipes Bush can get do some REAL good for us before he is out of office. Maybe then we will think with his real head and stop playing around in his Texas ranch. Our president has sadly finished with the US in so many ways. The next president has a big job ahead in cleaning up the mess that Bush has done.

Big investors took their nice $$$$$$$ and gold out of our banks and invested in the Euro. They keep going up while this ship is skinking.

Isn't both the congress and house controlled by democrats?? Bush is the president but he is not responsible for the actions of everyone else. For example the $41.1 billion dollars sent overseas, by immigrants, every year.

Everything about you is all about illegal immigrants isn't it?

Actually the dollar going down, has to do with the debt we acquired with the Iraq war. If the dollar goes down, we have to pay less back, since the much of the debt is owned by foreign banks, primarily in China. So Bush gets credit for that.

[Heracles 417]

Everything about you is all about illegal immigrants isn't it?

Actually the dollar going down, has to do with the debt we acquired with the Iraq war. If the dollar goes down, we have to pay less back, since the much of the debt is owned by foreign banks, primarily in China. So Bush gets credit for that.

But the cost of imports rises. Now considering almost everything is imported into the US; this is a huge problem. Just look at the trade deficit.

[Dan J 277]

Everything about you is all about illegal immigrants isn't it?

Actually the dollar going down, has to do with the debt we acquired with the Iraq war. If the dollar goes down, we have to pay less back, since the much of the debt is owned by foreign banks, primarily in China. So Bush gets credit for that.

But the cost of imports rises. Now considering almost everything is imported into the US; this is a huge problem. Just look at the trade deficit.

Yup, a cost of going to war. Especially when we have to borrow money to do it.

Edited August 21, 2007 by Dan + Gemvita