Iran Has Halted Oil Transactions In Dollars - It begins...

Chapdog said:
for once i agree with you. America will loose the currency war in the long run. THO in even the longer run you will likely see a Amero or even a global currency.
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I think that was part of this whole neocon plan.

Cheap labor by leveling America with south America.
 
RStringfield said:
At some point there will be no next step available to bail out the banks with fiat currency or the people will realize that it is the seed of the problem. They won't continue watching their store of value go to crap.
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I don't see us moving to gold anytime soon. If the dollar's value depleted to nothing I'm pretty sure the banks would be hedged in other currencies.
 
Bottom Line Folks.............

Stop with all the denial...another Great Depression is on the horizon...nothing to fear...it happened in the twenties and thirtees...what brought us out ...WWII...thats a fact of life! It is natures way of cleansing the Earth of mans mistakes! This is not doom and gloom...just History repeating itself...the sooner you face the truth the sooner we can rebuild...:)
 
Topspin said:
ask all you want
I've looked at the dollar and heard hoards of chicken littles like yourself usc, supercold caller deshtard and the rest of the recessionista's whinning 10 years ago the dollar was to high. When the fed finishes cutting the dollar and the economy will climb. They you retards will whine about something else.
The investor class will just keep buying the best companies.
You want a chart, show me a chart were a recession started after a 5% growth quarter. I won't hold my breath.
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Translation: There is no magical dollar chart I made it up and with my mail order MBA, I'm incapable of factoring in international political and economic changes.
 
translation your a low level fincance company flunky.
I have invested for 25yrs with little regard to the dollars moves, you idiots are only playing politics with the discussion. None of you do anything different in your daily lives because of any dollar move. I told you the dollar was higher years ago, you need a chart to tell you that cause you don't know shit about the economy.
 
Topspin said:
translation your a low level fincance company flunky.
I have invested for 25yrs with little regard to the dollars moves, you idiots are only playing politics with the discussion. None of you do anything different in your daily lives because of any dollar move. I told you the dollar was higher years ago, you need a chart to tell you that cause you don't know shit about the economy.
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25 years huh ? That seems to be about the same amount of time since the dollar has been this weak against the loonie.
 
LadyT said:
I don't see us moving to gold anytime soon. If the dollar's value depleted to nothing I'm pretty sure the banks would be hedged in other currencies.
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I doubt it will happen soon either.

Sure they would. If only the rest of us could do the same there might be some relief.

We've gone through these periods of instability before and the banks then push a little further towards the end of the road for fiat currency.
 
so it's a good buying opportunity
our economy is still way stronger than all the other major developed countries. You don't know this but Europe has been a 2 decade joke on their economies.
 
RStringfield said:
I doubt it will happen soon either.

Sure they would. If only the rest of us could do the same there might be some relief.

We've gone through these periods of instability before and the banks then push a little further towards the end of the road for fiat currency.
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Not that I think the dollar is headed toward a zero value, but if it did happen currency across the US would be exchanged with foreign notes. Barring some cataclysmic (sp?) event that would have not been forseen by anyone, it would be a gradual and predictable event.

And we can move our money to overseas accounts and buy foreign currency. That's my longterm investment strategy. I personally plan on investing in some Euros, Swiss Franks, Yen and Aussi $'s.
 
Topspin said:
ask all you want
I've looked at the dollar and heard hoards of chicken littles like yourself usc, supercold caller deshtard and the rest of the recessionista's whinning 10 years ago the dollar was to high. When the fed finishes cutting the dollar and the economy will climb. They you retards will whine about something else.
The investor class will just keep buying the best companies.
You want a chart, show me a chart were a recession started after a 5% growth quarter. I won't hold my breath.
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You really are a tool. Again, no one is saying a recession will start this quarter. Which means your idiotic foot stomping about someone showing you a recession starting after 5% growth is nothing more than childish. But if it will shut you up, then take a look at GDP growth in 1973.... over 5%.... 1974 and 1975... both negative growth.

Or if you prefer quarterly data.... take a look back at 2nd quarter 2000. GDP at 6.4%. Recession followed.
 
but you don't now right. LOFL
I do however buy Chineese and European stocks, which is prob more than most of you chicken little dollar crybabies are doing.
 
Superfreak said:
You really are a tool. Again, no one is saying a recession will start this quarter. Which means your idiotic foot stomping about someone showing you a recession starting after 5% growth is nothing more than childish. But if it will shut you up, then take a look at GDP growth in 1973.... over 5%.... 1974 and 1975... both negative growth.

Or if you prefer quarterly data.... take a look back at 2nd quarter 2000. GDP at 6.4%. Recession followed.
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Waaaaaahhhhhh you're a doomsdayer!
 
Topspin said:
translation your a low level fincance company flunky.
I have invested for 25yrs with little regard to the dollars moves, you idiots are only playing politics with the discussion. None of you do anything different in your daily lives because of any dollar move. I told you the dollar was higher years ago, you need a chart to tell you that cause you don't know shit about the economy.
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waiting on this magical chart you keep harping on
 
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