Feb 152010
More: linktv.org (November 29, 2007) The value of the dollar continues to decrease. With the mortgage mess and high oil prices, Americans are feeling the pinch. But, as the US economy struggles, economies and businesses worldwide are also feeling the effects. Will the Euro be the new world currency? Or will the holiday shopping season be just what the dollar needs to bounce back? SOURCES: Al Jazeera English, Qatar; Asia Today, China; KBS News, South Korea; DW, Germany; TV5, France; Once Noticias, Mexico; NBC News, US
The Euro is crashing. Apart from the dollar, only the yen has ACTUALLY benefited from the credit crunch, though I don’t know why. America is a huge market for Japan and I don’t understand why they would want the yen to soar, and besides Japan has been in recession for forever, long before the crisis. Don’t get it.
But, the currency I would buy now is the rand, with the price of gold soaring, South Africa looks like a wonderful place to make money.
Vs the Euro how about vs the Yen? Yea..i didn’t think so.
Yes,it is contrary to what the “experts” are saying to the extreme. In fact, the only two world currencies(that I can think of) that have RISEN during this credit crisis were JPY and USD , the Japanese Yen and the United States Dollar, both I don’t know why. Japan has been in a recession forever and the US is also now in a recession and has truly collapsed by all indicators. Makes no sense, but I guess after cashing in on the collapse of the rand, the peso and the ruble, and the euro buy USD/JPY
Yes the rise of the dollar is the exact opposite of what Doomsdayers like Peter Schiff, Jim Rogers and Gerald Celente have been predictiing.
Now these alarmists are saying….we were wrong about the date….but it will still happen.
Wow, look at the flip side, the USD has soared recently!
Usa exportation is going down as for importation…
For exemple : Canada is the first country having economy activity with usa , if usa economy crash , how you want us to trade natural energy with you ?
haha, what American products, we hardly make anything anymore!
bullshit
many (atleast in Europe) refuse to buy american products. It’s the easist way to fight for a safer world.
I think bcz they spent a lot on the war !!!
why?
if U.S economy start going down, it is not just U.S problem. it affects whole world.But i don’t understand that why other countries are so weak and fragile against dollar.They have to come up with a way for providing themselves against dollar and U.S economy.
yeah if it gets down low enough, then business will come to the USA and bring us out of the mess, unless the Fed just screws it up…
good video…its interesting how just from the US dollar declining it affects the whole world
our $ is going down and it’s all Bush fault
My company is booming due to the lower Dollar,and we have switch from foreign produced parts for our machines to one’s made in the USA….It keeps American tourist at home and brings the foreign tourist here..
A simple solution: the creation of a worldwide non-physical currency, for the purpose of fair global accounting.
Similar to the ECU in Europe once.
A simple solution: the creation of a worldwide non-physical currency, for the purpose of fair global accounting.
Similar to the ECU in Europe once.
select one of the choices below
(1) your in denail
(2) your not an American
(3) your a complete moron
(4) your one of those ignorant retards that believe that there country is the best and nothing could go wrong with it
your choice
your problem.
lol i dont belive this crap!!!!!!
It hasn’t even begun.
If you live in the US you keep hearing that the financial crisis is over, but seeingthe impact around the world shows the real deal…