Facciamo scendere l'Euro contro il Dollaro e l'economia ripartirà!!!!
Tutta l'Europa è piena di merci e di scorte invendute e l'unico modo di cambiar rotta è quella di svalutare l'euro. Qual'è, infatti, la convenienza di tenere il cambio così alto? Perché non farlo scendere a uno contro uno? Una vecchia, ma non sorpassata regola di economia ci insegnava che con la svalutazione della moneta in un momento di recessione si potevano trarre tanti i vantaggi:
All these loser troll comments on the EUR. The EUR will continue at least as long as the USD. It's to stay. Cause there's no alternative. The EU's the world's first economy without which everyone else is screwed. And leaving the EUR is suicide. It costs more than it gains. NO country is seriously considering it. They'll bail out some weaker states until it's been arranged that national budgets are checked by Brussels as a third party. It's all in the making already. Just takes years of moaning.
@FireFox9032 People not from Europe, knowing nothing about Europe and insulting others. Yeah, it is just full of them, innit? You go on insulting, mate. Doesn't change anythin about reality. Good luck :-)
All these loser troll comments on the USD. The USD will continue to stumble on and on. It will never collapse, because there is no alternative. As if the US could and will ever repay its debt. We all know it won't. We all knew that for half a century. Nations will continue lending and investing in it because both the US and the EU are VITAL for the world's economy. Although it's utterly bankrupt, it's ... not bankrupt. See? Only trivial economies are hung ou to dry and get REALLY bankrupt.
this is right before the greek crisis wtich was sure bet because of the stereotypical image ppl have from south europe, when the dollar was being hit hard against the euro goldman sacks came out saying greece was lying and cooking the books and open a wide crisis in europe by the wayireland took the bail out with greece not spain and portugakl yet... but if the current speculative and downgrading rates aswell as high interest for portuguese bonds it was usa uk mob that made this
euro is the less of two evils people want to trahs dollar because of various reasons, europa was bigger gdp, gold to back is euro and they like europeans they hate the usa to begin with, they hate the american foreign plicy war etc... so theres no end to this, usa attacked the euro with sub prime crap and credit def. swaps witch in other days was in fact a war declaration, so usa shits and tries to destroy european economy and then asks why europeans hate america... wake up little suzy
This idiot in the video is farting from his mouth. The Eurozone is bankrupt. Only country that is actually producing is Germany, the rest are just leaches on the back of the Euro. The Euro will collapse. Germany will not be able to afford to bail out Italy, Spain, Portugal, Greece, and all the other countries lining up for the financial guillotine sponsored by Jewish NWO bankers who will make a killing on loaning out paper money with interest.
@FireFox9032 I have never heard nor met a Canadian that produces crap like that comment. The Eurozone is not bankrupting and Germany is not the only country that "is actually producing". The whole comment is shit.
@FireFox9032 Do You have any proof ? No You don't . I on the other hand have a document (signed by a approved psychologist) that proofs my intelligence.
@FireFox9032 Wait what!? What are you talking about? The Eurozone is far from bankrupt, germany is not the only country that actually boosts the economy and the Euro will certainly not collapse. How do I know? Well I live in europe and am confronted with the economical state of my country (and surrounding ones) every day. It's through however that the countries in the south (Spain, Greece, Italy etc.) are on an economic breakdown, but the northern lands are doing fine, for now at least.
@pepintheshort100 No it isn't you dick. I am really disappointed by all the Canadians that write such crap. All the Canadians I met when I spent some time in Canada were people with masters and brains.
@919664 1/2 Your comment on "all Canadians" speaks for your intelligence. I now many, many, many Slovaks :)
I am very much aware of the US, CA and EU politics and economies. The US economy is a fraud. It will collapse. The bailouts just made the problem worse. (US is Canada's biggest trading partner, so it will effect us big times...) The EU is in a similar situation. It's better than the US, but still very bad. The bailouts fixed nothing.
@pepintheshort100 ok let's get this clear. Your insults pointing towards my intelligence are worth nothing since I have a official document that says that my overall IQ is about 139. Our future might be interesting indeed , but still better than the future of the US.
@EliteGhost001 I'm saying that they lost World War 1 completely.
Then somehow in under 20 years where again a leader in the world by technology, economy and military.
Then they lost World War 2 completely, and Berlin and many diplomatic cities looked like shit.
Then, in only 20 years they rebuilt everything, and became average. 40 years later and look, they are mightier then most countries wwhich won World War 2.
Compared to Africa, which can't do shit for how long now....lol..
ah ok. I thought you were going on about how Germany got its ass kicked. (for 1 country it was amazing how long they held out.)
But it seems you're comparing them in wealthyness. cheers mate, I was just a little quick on the trigger cause I hate people who keep going on about those wars.
@EliteGhost001 Yes, sorry, it was probably my comment's fault, usually I explain everything, but that time I had to rush with it so... :) Cheers from Ukraine.
"The euro might break up at this point, though European politicians are normally able to respond to a crisis," said CEBR Chief Executive Douglas McWilliams in a list of 10 forecasts for 2011.
Sovereign debt crises in Greece and Ireland have rocked euro nations this year, leading some commentators to speculate that Germany could eventually lose patience with bailing out its more profligate neighbors, triggering a split in the currency bloc.
The euro currency area has only a one-in-five chance of surviving in its current form over the next 10 years because of competitive imbalances between its members
To hell with the Euro replacement of any currency of any nation. One world currency is 1 step closer to a 1 world order. Once this crap is pushed for the change by thease billion rich Euro geeks and billion dollars investors, Then a request of a 1 world government WILL be next. All this time were doing great, then suddenly out of no were we are told this is the only way? Rubbish! They LIE!
I dont think the dollar is gonna last that long, deficit of the US is running to high, new money is gonna be pumped in the economy and the USD will lose vallue again, while at the same time European gouvermounts are cutting the deficit to 3% again.
Also you mixed public debt with privat debt, house-prices here are expensive, so there is alot of privat debt, but this isnt connected to the vallue of the currency, and this can never be claimed from the public, also the house-prices togheter are 1,5 times more worth than the external debt, so this money is still there.
Public debt is lower and is connected to currency.
@FryNorth Actually - public debt is even lower than the number I gave you for the US. Go review your debts and come back with an argument as you clearly dont understand the issue here. Truth is most countries in the EU, some in Asia, Canada, the US and others are in debt up to their eyeballs. But the US is the most publicized debt of all. As I've said before, we all know what's under the US's hood so no surprise there. When shit hits the fan and all the others open their hoods, we'll find junk.
@dannydarias1 Most reported to whom? I live in Scotland and the UK has a large deficit that is pretty well reported to us.. Id go so far to say its on our news daily. The US deficit is not.. If you are interested in economics then finding out how much a nation is in debt is no big scoop. Stock, bond, currency and commodity traders will Im sure take the effort to find out these minor details before investing.
@BritishScottish Which banks were on the verge of bankrupcy in 2008? Ask that, and I bet you everyone will point to the US. In the mean time, it was most banks, including those in the EU. Just go look at the % of dollar bears and euro bulls. It says it all. Most people hate the dollar and love the euro. If something breaks in the US, who cares, the dollar is trash anyway. If something breaks in the EU, that will be huge. Trust me.
@dannydarias1 RBS (Royal Bank of Scotland) and HBoS (Halifax Bank of Scotland) were two Scottish banks and RBS is one of the biggest banks in the world.. 2 global banks which were bailed out by the British taxpayer and thats not to mention the English banks also. Considering the size of RBS it was pretty much well reported all over Europe. Of course its not going to have as much coverage in US as it doesnt employ or operate to the same extent and isnt listed on US stock exchange.
@BritishScottish RBS was pretty big here in the States too. It most likely took a huge chunk out of the US tax payer bailout. It's amazing what our government does with our money. If it were up to the EU, our banks would burn in hell. Yet - we have to bailout theirs.
@dannydarias1 And since when did RBS get bailed out using US tax dollars? RBS was bailed out by the UK Govt. and they now own around 70% of shares. Why do people not at least check their silly statements on google before posting rubbish and making themselves look ignorant. Lehman brothers failed because Barclays never rushed through a takeover bid because the UK Govt refused to then have to bail out Barclays another English bank. They were then able to take the assests they wanted.
@BritishScottish Why dont you do a goold search and tell me which external banks got bailout funds. I bet you will find this: ZERO. Your UK banks, German, French, Italian banks all got funds - that's what. Let's get real here - your banks were all holding the bag when the shit blew up.
@dannydarias1 Lol I don't need to check it.. Ask yourself a sensible question.. Why would a conservative nation like the USA bail out a British bank, when they didn't even bail out Lehman Brothers?
@BritishScottish Sure - I will ask myself. A conservative nation that has given 3 trillion to banks. Go and look who in Wiki. 38% of bank shareholders of the Fed system are in the US. Were do you think the rest are?
*The Germans will probably do just fine in outer space. You can pretty much accomplish anything when you have big frikken brains, perfected beer, and super hot Frauleins.
Imagine yourself as a Frenchman giving up the Franc. I don't know how the switch from the franc to the euro occured but I've read A Tale of Two Cities & The Count of Monte Cristo and unless I understood the situation involving me giving up the currency my fathers and grandfathers believed in I'd start another revolution.
The Euro symbolizes a bunch of formerly powerful nations bowing to a currency controlled by ?blank? who controls the Euro lol? The short answer is a bunch of assholes. I'll believe in the Euro when Russia does because Russia & China are pretty much the only space program superpowers we'll get to hang out with in the milky way.
What you mean is not that the value U.S dollar has droped, but the value of the Federal Reserve note is dropping. A Federal Reserve is not a Dollar, only a promise to pay a dollar. A silver Dollar is a dollar, not a bank note, nor a promise, but a dollar! You can get more than one FRN for a Silver Dollar. You can still get one Silver Dollar for a Silver Dollar. The value for the Silver Dollar has not droped. Now they both can't be Dollars!
But they fucked it up, tell me this: How can a pint of Beer be more expensive in Spain than the UK when they are in a massive recession, fuckin dreamers mate.
The Euro is also overvalued against the pound, it's like the headlines say "Eurozone in crisis" Then the next sentence is "Euro up against the pound" They are fuckin dreaming in Europe, we should have had the good old deutsch mark, pound, yuan and dollar and everyone else can fuck off.
Is it replacing the dollar? Why don't you give us an update on your findings now. This is what happens when you talk out of your mouth without any real research. The Euro is worst than the dollar, simply because all Euro nations hate each other. They are caught in a destruction path right now.
@dannydarias1 "The Euro is worst than the dollar, simply because all Euro nations hate each other"
Danny, are you a simpleton?
We hate each other? Sure that's why we have a EU and a common currency. Currencies always fluctuate but you may have noticed that in crisis times it sank to 1,22 USD and is now rising again.
This currency is based on a reality. And that's the world's largest economic zone and the world's first economy of over 400 million people.
@Efteling4Ever Let's do this. I post the price of the Euro today, and let's keep an eye on it. If the dollar goes lower, I am a simpleton. If the dollar goes up in value, you are the simpleton. I am not saying the Euro will go away, but it is simply overvalued against the dollar right this minute. EUR/USD 1.30 today.
@dannydarias1 The Euro is overvalued, and it will always fluctuate (as currencies do) but it is stronger than the USD. It may well drop but is unlikely to drop under the USD as it is based on a reality: a far larger economy than the US. You see, a currency weaker than the USD within "an every country does what it wants constellation" would have been finished off long ago. Little chance of parity with the USD or dropping below it.
@Efteling4Ever This was the comment I was waiting for! The dollar has bottomed against the Euro. Take your rockets out because the USD will rally hard against the Euro right now. The Euro is based on what reality? Is this a joke? EUR/USD index at 1.32.
@dannydarias1 "This was the comment I was waiting for!".
Really? Good for you. Doesn't change the fact the Euro is based on a larger economy than the US's.
"The Euro is based on what reality?" Yes it is: a large economy using this currency. One could just as well say "The USD is based on reality?". Well actually, yes it is: a large and bankrupt economy.
"Is this a joke?" Naah, that's the way it is: a currency backed up by a large economy. Are you a joke?
@Efteling4Ever Okay. So the US is a bankrupt economy. I agree. But at least everyone knows it. Heck, even a first grader knows the US is bankrupt, I mean, look at our debt clock. As for the Euro, it is in much worst shape than the US. Many of the nations within the EU are flat out broke, and Greece is not the only one. Did you know Greece was bankrupt? We'll see more line up to the pedestal shortly, believe me. The EU is not one nation which makes it harder to agree on things and stay together.
It's equally well known that European countries have deficits. As if that's some secret. But all European deficits together still don't amount to the US's deficit and EU countries are not just aware of this. They do something about it. EU countries are now also implementing seeeerious cutbacks to diminish these deficits. When will the US start with this (lets say 100 billion a year for some years to come)? It won't. It's probably too late?
4) "The EU is not one nation which makes it harder to agree on things and stay together."
No not 1 nation, but that matters f**kall. It's a typical misconception that this will damage the Euro on the long run. First of all staying together is notan issue. There's not a single EU country that would ever dream of leaving. Not even the UK. Agreeing is not an issue either. EU countries have always negotiated amongst each others and set up clear EU rules for all EU countries.
@Efteling4Ever I guarantee you that by the time this is finished, the EU will not have all the member states it has now. But again, I will let the news do all the talking.
4) The ONLY issue here is that one must have its finances checked by a central organisation. There is no organ that is checking whether rules are abided to.
Now the law of nature is prescribes that EU countries will have to consent to having their bugdets checked by a neutral party in Brussles in the future. They are now already talking about this. And the EU works like this: an idea takes 2 years, negotiating 5, implementing 1. In, say, 8 years the Euro will be rock solid.
@Efteling4Ever You really believe that they will implement cut backs. LMAO - I agree, it may be too late for the US, but I can guarantee you that it is late for the EU, China, and most countries as well. The dollar will look pretty when everyone starts lining up.
@dannydarias1 You may not believe so. But they are already doing so everywhere. A country like Holland will save 18 billion a year for years to come. Not that they have to but they will anyway. A country like Ireland decreased its civil servants employees' salaries at its ministries with 10%. Just like that. As in "As of now your salaries have dropped with 10%. Good luck!" When will the US do this? It sure needs it.
@dannydarias1 "Many of the nations within the EU are flat out broke, and Greece is not the only one. Did you know Greece was bankrupt?"
2) These nations are not broke. They have managable deficits. There is a reason they're implementing cut backs now. Greece being a weird case of mismanagement. They've been borrowing money without collecting taxes for years (!).
@dannydarias1 Exactly, while the rest were doing ok, Greece screwed them. And THAT's the only issue. And exactly that will be solved (believe it or not).
See, one can't leave the Euro. On paper, yes, but in practice its harakiri. The shift from old currencies > the EUR cost staggering amounts. Shifting back even more. It's one way traffic.
So one will have to make the best of it. And that's exactly what's being discussed now and will be implemented later: control of governement budgets.
2) This is a situation that has now been corrected. Apart from tiny Greece being about one of the most unimportant economies around,, lets be honest, it's will now implement draconic cutbacks. Too bad for them, but issue solved.
3) "We'll see more line up to the pedestal shortly"
Unlikely, as nearly every EU country is already implementing cutbacks to prevent Greece like scenarios. All these so called candidates in American wishful thinking are all already implementing measures themselves.
You bet they will. But not now. As said, in 5 to 10 years. Because The EU is a bunch of nations that have always decided the only thing possible as financial laws of nature simply apply to them whether they like or not, but first they have to moan about it and be against everything for years (politics; keeping voters happy) only then to accept and implement the only possible solution they should have reached years before. That's how the EU works.
@Efteling4Ever Lol. So only the US is full of spending idiots ehh... We will see. Just don't forget that everyone is for spending cuts, until their own salary is cut. Everyone in Greece was happy and probably all in for spending cuts, until the government had to start cutting jobs. Expect riots across the EU.
@dannydarias1 "So only the US is full of spending idiots ehh..."
Your words, mate. Not mine. All I said is measures are being taken in Europe one doesn't see in the US (it rather goes on the way it's always been doing?).
@Efteling4Ever These will be your words soon my friend. At least in America we hear about these issues before they blow up. You Europeans like the drama and the surprise. You will remember me when the dollar and the euro are at par.
@Efteling4Ever EUR/USD = 1.275.... the index just dropped from 1.335. What is going on Efteling??? I thought the Euro was all about cost cutting measures. I smell a blow-up in the EU. Again, the news will do all the talking for me and will show who the real spending idiots are.
@dannydarias1 shut up you idiot you have no clue whats going on in greece. and btw the riots are going to happen in the usa first not in europe. USA has much higher debts.
@Tschiihad I will let this slap you in the face. National debt as % of GDP 2009: US: 53% UK: 69% Canada: 72% Germany: 77% France: 80% Greece: 113% Singapore: 113% Japan: 192% Italy: 115% India: 78% Yeah - we have much higher debts for sure. Stupid me.... If only I had gone and read this before making a jackass of myself.
@FryNorth Do you know that for one country to run a surplus, another must run a deficit? No way around it. National debt as % of GDP is actually what matters. In other words, if the US GDP was 14 trillion in 2009 - 53% of that went to pay off the debt. The remaining is for spending within the economy. Imagine a smaller country like Italy which has to pay 2 times it's annual GDP. It has to tap it's savings to stay afloat while politicians/unions steal the money.
you people seem to forget that there are other currencies that are much more valuable than the Euro Or Dollar, but both economies have problem that will bring both currencies down in a few months or in a few years from now. The enormous debt of the USA, and the inability to grow of the Eurozone, will bring them down while other currencies will raise.
@lopesmais "The enormous debt of the USA, and the inability to grow of the Eurozone"
Inability to grow? Economically, the EU basically is Western Europe. Eastern Europe is coming (that is growing). Even the EU itself is growing (taking in new countries and markets).
@Efteling4Ever the GDP in the EU rose by 0.2% during the first quarter of 2010, the GDP of china will grow approximately 10% in 2010 (all year). this is what i meant when I said that the Eurozone is unable to grow when compared to other countries. We Europeans, will suffer as other countries straight their economies and currencies while Euro loses value to those currencies, because we import from them.
Just because we don't want something to happen that doesn't mean it won't
At this stage of the euro zone debt crisis, it doesn't appear that many central bankers will be diversifying into the euro any time soon. It's not surprising that Tom Campbell lost the primary for the Republican Senate seat in California.
euro is going down today 1.188 this is the end for euro ,and a winning point for the NWO one world coin all over the world and one world economy and under one goverment USA.
@itom85@itom85 I think that the risk of a plunging euro makes it less interesting to buy EU's bonds. So they convert to dollars and buy US bonds. This effect is triggered and stimulated by the threat of a default by certain EU member states. This is solved by the EU package to assist those countries. But the threat of a devaluation of the Euro continues. I think it will stabilize soon.
@emiledingemans I think the destablization of europes economy is just begining. Investors will continue seeing the dollar as a safe haven. Risk Aversion will continue pumelling the euro for, as one bank said, "a while".
@itom85 "Aversion will continue pumelling the euro"
Aversion? Well, maybe yours but those using the Euro know better. And the USD a safe haven???????????? Where do they get people like you? You guys are spending 100 billion (basically non existing, borrowed) USD A YEAR on Iraq and Afghanistan alone. If there is a safe haven to find in any fiat currency at all, the USD is the last place on earth to find it.
@emiledingemans "But the threat of a devaluation of the Euro continues" What will happen is that government budgets will in the near future be controlled/checked upon by an independent organ in Brussels.
Well what happened is that even in times of gloabl economic recession the Euro went down and STILL staid 20 cents above the dollar. And is now rising again.
@Jacobrester Actually the pound has almost always been a weaker currency because it inflates faster. Literal value dollars to pounds does not tell you which currency is stronger.
i dont think that dollar vs euro,,,its just a joke of europe for export more than us,if euro go down its bad for USA,beacuse they do more export with oher country.think is good.
The fact that it is valued higher than the dollar is not beneficial to Europe. It makes your exports less attractive. Also the Euro is stupid and doomed to long term instability due to the fact that European nations usually compete with each other and the fact that thy cannot value their currency appropriately creates a situation of winners and losers.
@NJRocks281 "that it is valued higher than the dollar is not beneficial to Europe"
Many would like to see it go down, but every medal has 2 sides. Strong currency is bad for export and good for import of raw materials. Cheaper raw materials result in acceptable export prices. With weak currencies its teh other way round. It cancels each other out.
@NJRocks281 "their currency appropriately creates a situation of winners and losers." No, these "losers" have always been weak economies. They were so then, they are so now. It matters zilch whether they have the Euro or the Greek drachma or Portuguese Escudo or whatever.
"the Euro is stupid and doomed to long term instability". For a stupid thing it's remarkably succesful and this "instability" exists mainly in US wishful media.
This is an interesting talk. But lets remember that the dollar is the most important currency of the world only because of agreement. USA has printed too many bills and there are too many of those circulating arround the world, they are not backed by gold nor by domestic production. The dollar is an illusion.
@Hulkmania316 They are not printed any more, they are just numbers in bank accounts. The us computer system is the only system that can tally them. The US will do anything it takes including going to war(iraq), to keep the dollar the number one reserve currency.
Remember Yugoslavia? A number of separate, culturally, ethnically, religiously, and linguistically disparate countries that were forced into "nationhood" by European politicians.
Didn't work too well, did it? Dissolved into bloody conflict. Gave us the Yugo.
So how did the European politicians respond? By taking an entire continent of separate, culturally, ethnically, religiously, and linguistically disparate countries and trying to force them into "nationhood." Great thinking.
We can all see what would have happened in the USA had Obama listened to the morons in the US right wing. Good thing we Liberals are smarter and stronger than the worthless pigs in the GOP.
Hey there! Have you ever tried the British Box Breakout (search on google)? Ive heard some amazing things about it and my mate got tons of money.
grujov 4 hours ago
really? meh..
mickmon 2 weeks ago
Facciamo scendere l'Euro contro il Dollaro e l'economia ripartirà!!!!
Tutta l'Europa è piena di merci e di scorte invendute e l'unico modo di cambiar rotta è quella di svalutare l'euro. Qual'è, infatti, la convenienza di tenere il cambio così alto? Perché non farlo scendere a uno contro uno? Una vecchia, ma non sorpassata regola di economia ci insegnava che con la svalutazione della moneta in un momento di recessione si potevano trarre tanti i vantaggi:
maggiori esportazioni fino alla crescita.
liutebaag 2 months ago
no top comment?! uhm.. i like turtles?
TrollGamer12 2 months ago
we dont need more prove that america tries to destroy the EU economies
maybe we should impose import restrictions?
fucking hilbilly country
motormonkeyNL 2 months ago
Very interesting to look back at this 4 years later.
GluttonForSex 2 months ago
@onecoolgreek petro dollar will cease to exist when there will be no more oil. meaning soon. surely at the end of the century.
xenomorphelv426 4 months ago
I would take a lot more that a little debt crisis for the euro to actually collapse..
Yzmo 6 months ago
All these loser troll comments on the EUR. The EUR will continue at least as long as the USD. It's to stay. Cause there's no alternative. The EU's the world's first economy without which everyone else is screwed. And leaving the EUR is suicide. It costs more than it gains. NO country is seriously considering it. They'll bail out some weaker states until it's been arranged that national budgets are checked by Brussels as a third party. It's all in the making already. Just takes years of moaning.
Efteling4Ever 7 months ago
@Efteling4Ever Dreaming is free - dream on.
FireFox9032 4 months ago
@FireFox9032 Wont be necessary. We see it unfolding slowly. Dreaming is more for people like you haven't got a clue of what is happening in Europe.
Efteling4Ever 4 months ago
@Efteling4Ever Keep sucking that lollipop. Let us know when you locate your brain. .
FireFox9032 4 months ago
@FireFox9032 People not from Europe, knowing nothing about Europe and insulting others. Yeah, it is just full of them, innit? You go on insulting, mate. Doesn't change anythin about reality. Good luck :-)
Efteling4Ever 4 months ago
All these loser troll comments on the USD. The USD will continue to stumble on and on. It will never collapse, because there is no alternative. As if the US could and will ever repay its debt. We all know it won't. We all knew that for half a century. Nations will continue lending and investing in it because both the US and the EU are VITAL for the world's economy. Although it's utterly bankrupt, it's ... not bankrupt. See? Only trivial economies are hung ou to dry and get REALLY bankrupt.
Efteling4Ever 7 months ago
I think Fort Knox should open up and sell that damn gold we'd have no more recession. The Dollar hasn't been gold-backed since WWII.
ryanexsus 9 months ago
9 people including myself obviously don't trust an academic's opinion on the economy
this man is a fail, rather than higher interest rates, we have hyperinflation, thanks man
slamdunktiger 10 months ago
today in Europe the change is 1€ = 1,3954 $
LaNazionedellislam 11 months ago
@LaNazionedellislam lol your a little over ten thousand dollars off
Calvert1212 9 months ago
@Calvert1212
I think he meant to put a decimal point instead of a comma.
RavingDissension 8 months ago
@RavingDissension A comma is probably exactly what he meant as that's the way it's used in Europe.
Efteling4Ever 7 months ago
@Efteling4Ever
Well, in that case, Calvert was mistaken.
RavingDissension 7 months ago
Comment removed
LaNazionedellislam 11 months ago
this is right before the greek crisis wtich was sure bet because of the stereotypical image ppl have from south europe, when the dollar was being hit hard against the euro goldman sacks came out saying greece was lying and cooking the books and open a wide crisis in europe by the wayireland took the bail out with greece not spain and portugakl yet... but if the current speculative and downgrading rates aswell as high interest for portuguese bonds it was usa uk mob that made this
badsign1980 11 months ago
1EURO = 2 $ THIS IS SURE
efadrian 11 months ago
euro is the less of two evils people want to trahs dollar because of various reasons, europa was bigger gdp, gold to back is euro and they like europeans they hate the usa to begin with, they hate the american foreign plicy war etc... so theres no end to this, usa attacked the euro with sub prime crap and credit def. swaps witch in other days was in fact a war declaration, so usa shits and tries to destroy european economy and then asks why europeans hate america... wake up little suzy
badsign1980 11 months ago
@919664 Looks like somebody doesn't know their memes... xD
lb8068 11 months ago
This idiot in the video is farting from his mouth. The Eurozone is bankrupt. Only country that is actually producing is Germany, the rest are just leaches on the back of the Euro. The Euro will collapse. Germany will not be able to afford to bail out Italy, Spain, Portugal, Greece, and all the other countries lining up for the financial guillotine sponsored by Jewish NWO bankers who will make a killing on loaning out paper money with interest.
FireFox9032 1 year ago
@FireFox9032 I have never heard nor met a Canadian that produces crap like that comment. The Eurozone is not bankrupting and Germany is not the only country that "is actually producing". The whole comment is shit.
919664 11 months ago
This has been flagged as spam show
@919664 The only thing that is shit is what you have between your ears.
FireFox9032 11 months ago
@FireFox9032 between my ears I have something that has a IQ of 139. So shut your fucking piehole you arse.
919664 11 months ago
@919664 You're sounding desperate. And you're dead wrong.
FireFox9032 11 months ago
@FireFox9032 Do You have any proof ? No You don't . I on the other hand have a document (signed by a approved psychologist) that proofs my intelligence.
919664 11 months ago
@919664 Cool story bro.
lb8068 11 months ago
@lb8068 That is no story you fool.
919664 11 months ago
@919664 Cool story bro.
lb8068 11 months ago
@FireFox9032 Wait what!? What are you talking about? The Eurozone is far from bankrupt, germany is not the only country that actually boosts the economy and the Euro will certainly not collapse. How do I know? Well I live in europe and am confronted with the economical state of my country (and surrounding ones) every day. It's through however that the countries in the south (Spain, Greece, Italy etc.) are on an economic breakdown, but the northern lands are doing fine, for now at least.
neilladriaansen 4 months ago
This is an old video. It was made before the Greek bailout.
The Euro and the whole EU is in deeeeep trouble....
pepintheshort100 1 year ago
@pepintheshort100 First of all, please when You call someone stupid, explain.
Second of all, EU was always in trouble, Germany always saved it...
Even if the EU dies, what do You think will happen? Europe will become a poor continent... hahah no way..
Masterfootballer23 1 year ago
@pepintheshort100 No it isn't you dick. I am really disappointed by all the Canadians that write such crap. All the Canadians I met when I spent some time in Canada were people with masters and brains.
919664 11 months ago
@919664 1/2 Your comment on "all Canadians" speaks for your intelligence. I now many, many, many Slovaks :)
I am very much aware of the US, CA and EU politics and economies. The US economy is a fraud. It will collapse. The bailouts just made the problem worse. (US is Canada's biggest trading partner, so it will effect us big times...) The EU is in a similar situation. It's better than the US, but still very bad. The bailouts fixed nothing.
Your future will be interesting....
pepintheshort100 11 months ago
@pepintheshort100 ok let's get this clear. Your insults pointing towards my intelligence are worth nothing since I have a official document that says that my overall IQ is about 139. Our future might be interesting indeed , but still better than the future of the US.
919664 11 months ago
@919664 2/2 Look up on YouTube:
'Germany will bail out every Euro country before collapsing'
.
Call it the Debt Union' - Nigel Farage
.
Nigel Farage: Euro Empire Collapsing, Bailout River Dry
pepintheshort100 11 months ago
@919664 One more thing: Watch on YouTube:
.
Webster Tarpley: Bankers in slump plot against euro to save dollar
.
Watch it ..... YouTube will be censored soon... and so will be the Internet. US senator "Lieberman" is strongly lobbying for it.
pepintheshort100 11 months ago
@pepintheshort100 BTW sorry for the insults but this really fired me up. :-\ Really sorry man.
919664 11 months ago
Germany is just crazy... I swear.. WW2 and 1 lost, and now owning most of europe, and it keeps saving everyone in europe from an economic crisis...
Freaking crazy (Ownage) country.
Masterfootballer23 1 year ago
@Masterfootballer23
why the hell do you bring up the world wars again?
EliteGhost001 1 year ago
@EliteGhost001 I'm saying that they lost World War 1 completely.
Then somehow in under 20 years where again a leader in the world by technology, economy and military.
Then they lost World War 2 completely, and Berlin and many diplomatic cities looked like shit.
Then, in only 20 years they rebuilt everything, and became average. 40 years later and look, they are mightier then most countries wwhich won World War 2.
Compared to Africa, which can't do shit for how long now....lol..
Masterfootballer23 1 year ago
@Masterfootballer23
ah ok. I thought you were going on about how Germany got its ass kicked. (for 1 country it was amazing how long they held out.)
But it seems you're comparing them in wealthyness. cheers mate, I was just a little quick on the trigger cause I hate people who keep going on about those wars.
EliteGhost001 1 year ago
@EliteGhost001 Yes, sorry, it was probably my comment's fault, usually I explain everything, but that time I had to rush with it so... :) Cheers from Ukraine.
Masterfootballer23 1 year ago
@Masterfootballer23 You must be a very stupid 16 years old.
pepintheshort100 1 year ago
"The euro might break up at this point, though European politicians are normally able to respond to a crisis," said CEBR Chief Executive Douglas McWilliams in a list of 10 forecasts for 2011.
Sovereign debt crises in Greece and Ireland have rocked euro nations this year, leading some commentators to speculate that Germany could eventually lose patience with bailing out its more profligate neighbors, triggering a split in the currency bloc.
RomanicusMaximus 1 year ago
The euro currency area has only a one-in-five chance of surviving in its current form over the next 10 years because of competitive imbalances between its members
RomanicusMaximus 1 year ago 2
north america should make a united north american money so it can own the stupid euro.
Morelloo1 1 year ago
hahahahahahha well it wont cause the euro is just too big to fall and now russia and china just stoppedd using the dollar and just got to the euro
leolego88 1 year ago
@Morelloo1 Lol what do u think canada and Mexico is going to help ur worthless Dollar hahahaha
toweronepower 1 year ago
@toweronepower u wanna die bitch?
Morelloo1 1 year ago
@Morelloo1 lol
toweronepower 1 year ago
@toweronepower don't lol me fool.
Morelloo1 1 year ago
@Morelloo1 LOL
toweronepower 1 year ago
To hell with the Euro replacement of any currency of any nation. One world currency is 1 step closer to a 1 world order. Once this crap is pushed for the change by thease billion rich Euro geeks and billion dollars investors, Then a request of a 1 world government WILL be next. All this time were doing great, then suddenly out of no were we are told this is the only way? Rubbish! They LIE!
BATTLECATT00 1 year ago
Bears and bulls can change daily also.. look at BP its made quite the come back..
BritishScottish 1 year ago
the dollar is still by far the most stable curruncy despite the debt and deficit id explain but im to lazy
ssgkillsuall 1 year ago
@ssgkillsuall i will explain it for them in a short sentence, FOR POLITICAL REASONS
bozzeed 1 year ago
As expected the Euro is rising again, 1€ - $1,40.
FryNorth 1 year ago
@FryNorth Keep your eye on the Euro. With 95% Euro bulls and 95% Dollar bears, I put my money in the USD.
dannydarias1 1 year ago
@dannydarias1
I dont think the dollar is gonna last that long, deficit of the US is running to high, new money is gonna be pumped in the economy and the USD will lose vallue again, while at the same time European gouvermounts are cutting the deficit to 3% again.
FryNorth 1 year ago
@dannydarias1
Also you mixed public debt with privat debt, house-prices here are expensive, so there is alot of privat debt, but this isnt connected to the vallue of the currency, and this can never be claimed from the public, also the house-prices togheter are 1,5 times more worth than the external debt, so this money is still there.
Public debt is lower and is connected to currency.
FryNorth 1 year ago
@FryNorth Actually - public debt is even lower than the number I gave you for the US. Go review your debts and come back with an argument as you clearly dont understand the issue here. Truth is most countries in the EU, some in Asia, Canada, the US and others are in debt up to their eyeballs. But the US is the most publicized debt of all. As I've said before, we all know what's under the US's hood so no surprise there. When shit hits the fan and all the others open their hoods, we'll find junk.
dannydarias1 1 year ago
@dannydarias1 Most reported to whom? I live in Scotland and the UK has a large deficit that is pretty well reported to us.. Id go so far to say its on our news daily. The US deficit is not.. If you are interested in economics then finding out how much a nation is in debt is no big scoop. Stock, bond, currency and commodity traders will Im sure take the effort to find out these minor details before investing.
BritishScottish 1 year ago
@BritishScottish Which banks were on the verge of bankrupcy in 2008? Ask that, and I bet you everyone will point to the US. In the mean time, it was most banks, including those in the EU. Just go look at the % of dollar bears and euro bulls. It says it all. Most people hate the dollar and love the euro. If something breaks in the US, who cares, the dollar is trash anyway. If something breaks in the EU, that will be huge. Trust me.
dannydarias1 1 year ago
@dannydarias1 RBS (Royal Bank of Scotland) and HBoS (Halifax Bank of Scotland) were two Scottish banks and RBS is one of the biggest banks in the world.. 2 global banks which were bailed out by the British taxpayer and thats not to mention the English banks also. Considering the size of RBS it was pretty much well reported all over Europe. Of course its not going to have as much coverage in US as it doesnt employ or operate to the same extent and isnt listed on US stock exchange.
BritishScottish 1 year ago
@BritishScottish RBS was pretty big here in the States too. It most likely took a huge chunk out of the US tax payer bailout. It's amazing what our government does with our money. If it were up to the EU, our banks would burn in hell. Yet - we have to bailout theirs.
dannydarias1 1 year ago
@dannydarias1 And since when did RBS get bailed out using US tax dollars? RBS was bailed out by the UK Govt. and they now own around 70% of shares. Why do people not at least check their silly statements on google before posting rubbish and making themselves look ignorant. Lehman brothers failed because Barclays never rushed through a takeover bid because the UK Govt refused to then have to bail out Barclays another English bank. They were then able to take the assests they wanted.
BritishScottish 1 year ago
@BritishScottish Why dont you do a goold search and tell me which external banks got bailout funds. I bet you will find this: ZERO. Your UK banks, German, French, Italian banks all got funds - that's what. Let's get real here - your banks were all holding the bag when the shit blew up.
dannydarias1 1 year ago
@dannydarias1 Lol I don't need to check it.. Ask yourself a sensible question.. Why would a conservative nation like the USA bail out a British bank, when they didn't even bail out Lehman Brothers?
BritishScottish 1 year ago
@BritishScottish Sure - I will ask myself. A conservative nation that has given 3 trillion to banks. Go and look who in Wiki. 38% of bank shareholders of the Fed system are in the US. Were do you think the rest are?
dannydarias1 1 year ago
@dannydarias1 Wikipedia??? Accurate??? Do you have an official source other than an online encyclopedia that anyone can upload to?
BritishScottish 1 year ago
@dannydarias1 Doesn't matter where they are. Important is "who" they are...
pepintheshort100 1 year ago
@FryNorth Yeah the US is much weaker than Europe. Oops what's this I just found.
"Fuel to Paris reduced as French protests escalate'
Not good for the Euro thats for sure.
dannydarias1 1 year ago
@dannydarias1
Not good for the Euro, hmm.
Its still rising though?
FryNorth 1 year ago
@FryNorth It was rising as of last week. My point here is not that the dollar is a great currency - my take is, it's less weaker than the other.
dannydarias1 1 year ago
@FryNorth Here you go - this should settle it. "ECB’s Trichet Rejects Weber’s Call to End Bond Purchase Program"
dannydarias1 1 year ago
*The Germans will probably do just fine in outer space. You can pretty much accomplish anything when you have big frikken brains, perfected beer, and super hot Frauleins.
TheBaconlaser 1 year ago
Imagine yourself as a Frenchman giving up the Franc. I don't know how the switch from the franc to the euro occured but I've read A Tale of Two Cities & The Count of Monte Cristo and unless I understood the situation involving me giving up the currency my fathers and grandfathers believed in I'd start another revolution.
TheBaconlaser 1 year ago
The Euro symbolizes a bunch of formerly powerful nations bowing to a currency controlled by ?blank? who controls the Euro lol? The short answer is a bunch of assholes. I'll believe in the Euro when Russia does because Russia & China are pretty much the only space program superpowers we'll get to hang out with in the milky way.
TheBaconlaser 1 year ago
What you mean is not that the value U.S dollar has droped, but the value of the Federal Reserve note is dropping. A Federal Reserve is not a Dollar, only a promise to pay a dollar. A silver Dollar is a dollar, not a bank note, nor a promise, but a dollar! You can get more than one FRN for a Silver Dollar. You can still get one Silver Dollar for a Silver Dollar. The value for the Silver Dollar has not droped. Now they both can't be Dollars!
Federal Reserve note is not money
ssgkillsuall 1 year ago
Of course Euro is gaining this "fight".
katalambda 1 year ago
in 10 years...
yuan> dollar and euro
lifes40123 1 year ago
1 euro = 1,27 dollar
i want to now what is the normal money what kids got in america in one week
lukio583 1 year ago
But they fucked it up, tell me this: How can a pint of Beer be more expensive in Spain than the UK when they are in a massive recession, fuckin dreamers mate.
ninemen123 1 year ago
The Euro is also overvalued against the pound, it's like the headlines say "Eurozone in crisis" Then the next sentence is "Euro up against the pound" They are fuckin dreaming in Europe, we should have had the good old deutsch mark, pound, yuan and dollar and everyone else can fuck off.
ninemen123 1 year ago
The dollar "could" catch up to the euro if it weren't for our government wasn't so F'ed up when it comes to economy.
hidemysocks 1 year ago
this was 2 years ago. the Dollar is slowly coming back.
Dogmeat1950 1 year ago
Is it replacing the dollar? Why don't you give us an update on your findings now. This is what happens when you talk out of your mouth without any real research. The Euro is worst than the dollar, simply because all Euro nations hate each other. They are caught in a destruction path right now.
dannydarias1 1 year ago
@dannydarias1 "The Euro is worst than the dollar, simply because all Euro nations hate each other"
Danny, are you a simpleton?
We hate each other? Sure that's why we have a EU and a common currency. Currencies always fluctuate but you may have noticed that in crisis times it sank to 1,22 USD and is now rising again.
This currency is based on a reality. And that's the world's largest economic zone and the world's first economy of over 400 million people.
This one is there to stay.
Efteling4Ever 1 year ago
@Efteling4Ever Let's do this. I post the price of the Euro today, and let's keep an eye on it. If the dollar goes lower, I am a simpleton. If the dollar goes up in value, you are the simpleton. I am not saying the Euro will go away, but it is simply overvalued against the dollar right this minute. EUR/USD 1.30 today.
dannydarias1 1 year ago
@dannydarias1 The Euro is overvalued, and it will always fluctuate (as currencies do) but it is stronger than the USD. It may well drop but is unlikely to drop under the USD as it is based on a reality: a far larger economy than the US. You see, a currency weaker than the USD within "an every country does what it wants constellation" would have been finished off long ago. Little chance of parity with the USD or dropping below it.
Efteling4Ever 1 year ago
@Efteling4Ever This was the comment I was waiting for! The dollar has bottomed against the Euro. Take your rockets out because the USD will rally hard against the Euro right now. The Euro is based on what reality? Is this a joke? EUR/USD index at 1.32.
dannydarias1 1 year ago
@dannydarias1 "This was the comment I was waiting for!".
Really? Good for you. Doesn't change the fact the Euro is based on a larger economy than the US's.
"The Euro is based on what reality?" Yes it is: a large economy using this currency. One could just as well say "The USD is based on reality?". Well actually, yes it is: a large and bankrupt economy.
"Is this a joke?" Naah, that's the way it is: a currency backed up by a large economy. Are you a joke?
Efteling4Ever 1 year ago
@Efteling4Ever Okay. So the US is a bankrupt economy. I agree. But at least everyone knows it. Heck, even a first grader knows the US is bankrupt, I mean, look at our debt clock. As for the Euro, it is in much worst shape than the US. Many of the nations within the EU are flat out broke, and Greece is not the only one. Did you know Greece was bankrupt? We'll see more line up to the pedestal shortly, believe me. The EU is not one nation which makes it harder to agree on things and stay together.
dannydarias1 1 year ago
@dannydarias1
1) "But at least everyone knows it."
It's equally well known that European countries have deficits. As if that's some secret. But all European deficits together still don't amount to the US's deficit and EU countries are not just aware of this. They do something about it. EU countries are now also implementing seeeerious cutbacks to diminish these deficits. When will the US start with this (lets say 100 billion a year for some years to come)? It won't. It's probably too late?
Efteling4Ever 1 year ago
@Efteling4Ever
4) "The EU is not one nation which makes it harder to agree on things and stay together."
No not 1 nation, but that matters f**kall. It's a typical misconception that this will damage the Euro on the long run. First of all staying together is notan issue. There's not a single EU country that would ever dream of leaving. Not even the UK. Agreeing is not an issue either. EU countries have always negotiated amongst each others and set up clear EU rules for all EU countries.
Efteling4Ever 1 year ago
@Efteling4Ever I guarantee you that by the time this is finished, the EU will not have all the member states it has now. But again, I will let the news do all the talking.
dannydarias1 1 year ago
@Efteling4Ever
4) The ONLY issue here is that one must have its finances checked by a central organisation. There is no organ that is checking whether rules are abided to.
Now the law of nature is prescribes that EU countries will have to consent to having their bugdets checked by a neutral party in Brussles in the future. They are now already talking about this. And the EU works like this: an idea takes 2 years, negotiating 5, implementing 1. In, say, 8 years the Euro will be rock solid.
Efteling4Ever 1 year ago
@Efteling4Ever You really believe that they will implement cut backs. LMAO - I agree, it may be too late for the US, but I can guarantee you that it is late for the EU, China, and most countries as well. The dollar will look pretty when everyone starts lining up.
dannydarias1 1 year ago
@dannydarias1 You may not believe so. But they are already doing so everywhere. A country like Holland will save 18 billion a year for years to come. Not that they have to but they will anyway. A country like Ireland decreased its civil servants employees' salaries at its ministries with 10%. Just like that. As in "As of now your salaries have dropped with 10%. Good luck!" When will the US do this? It sure needs it.
Efteling4Ever 1 year ago
@dannydarias1 "Many of the nations within the EU are flat out broke, and Greece is not the only one. Did you know Greece was bankrupt?"
2) These nations are not broke. They have managable deficits. There is a reason they're implementing cut backs now. Greece being a weird case of mismanagement. They've been borrowing money without collecting taxes for years (!).
Efteling4Ever 1 year ago
@Efteling4Ever No they are not. Greece was manageable until they came out and admit it. More will come.
dannydarias1 1 year ago
@dannydarias1 Exactly, while the rest were doing ok, Greece screwed them. And THAT's the only issue. And exactly that will be solved (believe it or not).
See, one can't leave the Euro. On paper, yes, but in practice its harakiri. The shift from old currencies > the EUR cost staggering amounts. Shifting back even more. It's one way traffic.
So one will have to make the best of it. And that's exactly what's being discussed now and will be implemented later: control of governement budgets.
Efteling4Ever 1 year ago
@dannydarias1
2) This is a situation that has now been corrected. Apart from tiny Greece being about one of the most unimportant economies around,, lets be honest, it's will now implement draconic cutbacks. Too bad for them, but issue solved.
Efteling4Ever 1 year ago
@Efteling4Ever It's not resolved. Just like the US issue isn't.
dannydarias1 1 year ago
@dannydarias1
3) "We'll see more line up to the pedestal shortly"
Unlikely, as nearly every EU country is already implementing cutbacks to prevent Greece like scenarios. All these so called candidates in American wishful thinking are all already implementing measures themselves.
Efteling4Ever 1 year ago
@Efteling4Ever I will let the news do the talking. I guarantee you they will come. Measures my ass. They won't implement anything.
dannydarias1 1 year ago
@dannydarias1 "They won't implement anything."
You bet they will. But not now. As said, in 5 to 10 years. Because The EU is a bunch of nations that have always decided the only thing possible as financial laws of nature simply apply to them whether they like or not, but first they have to moan about it and be against everything for years (politics; keeping voters happy) only then to accept and implement the only possible solution they should have reached years before. That's how the EU works.
Efteling4Ever 1 year ago
@Efteling4Ever Lol. So only the US is full of spending idiots ehh... We will see. Just don't forget that everyone is for spending cuts, until their own salary is cut. Everyone in Greece was happy and probably all in for spending cuts, until the government had to start cutting jobs. Expect riots across the EU.
dannydarias1 1 year ago
@dannydarias1 "So only the US is full of spending idiots ehh..."
Your words, mate. Not mine. All I said is measures are being taken in Europe one doesn't see in the US (it rather goes on the way it's always been doing?).
Efteling4Ever 1 year ago
@Efteling4Ever These will be your words soon my friend. At least in America we hear about these issues before they blow up. You Europeans like the drama and the surprise. You will remember me when the dollar and the euro are at par.
dannydarias1 1 year ago
@Efteling4Ever EUR/USD = 1.275.... the index just dropped from 1.335. What is going on Efteling??? I thought the Euro was all about cost cutting measures. I smell a blow-up in the EU. Again, the news will do all the talking for me and will show who the real spending idiots are.
dannydarias1 1 year ago
@dannydarias1
Yes, Danny. It's a currency and it will fluctuate. It will go up and down. And up and down.
Don't know what you smell, Danny, but I get the impression its your own idiocy. Good luck watching currency rates whole day!
Efteling4Ever 1 year ago
@dannydarias1 shut up you idiot you have no clue whats going on in greece. and btw the riots are going to happen in the usa first not in europe. USA has much higher debts.
Tschiihad 1 year ago
dannydarias1 1 year ago
@dannydarias1
This is dept, but the deficit of the USA is far to high, this means every year USA builds up more debt than other country,s.
FryNorth 1 year ago
@FryNorth Do you know that for one country to run a surplus, another must run a deficit? No way around it. National debt as % of GDP is actually what matters. In other words, if the US GDP was 14 trillion in 2009 - 53% of that went to pay off the debt. The remaining is for spending within the economy. Imagine a smaller country like Italy which has to pay 2 times it's annual GDP. It has to tap it's savings to stay afloat while politicians/unions steal the money.
dannydarias1 1 year ago
you people seem to forget that there are other currencies that are much more valuable than the Euro Or Dollar, but both economies have problem that will bring both currencies down in a few months or in a few years from now. The enormous debt of the USA, and the inability to grow of the Eurozone, will bring them down while other currencies will raise.
lopesmais 1 year ago
@lopesmais "The enormous debt of the USA, and the inability to grow of the Eurozone"
Inability to grow? Economically, the EU basically is Western Europe. Eastern Europe is coming (that is growing). Even the EU itself is growing (taking in new countries and markets).
Efteling4Ever 1 year ago
@Efteling4Ever the GDP in the EU rose by 0.2% during the first quarter of 2010, the GDP of china will grow approximately 10% in 2010 (all year). this is what i meant when I said that the Eurozone is unable to grow when compared to other countries. We Europeans, will suffer as other countries straight their economies and currencies while Euro loses value to those currencies, because we import from them.
Just because we don't want something to happen that doesn't mean it won't
happen.
lopesmais 1 year ago
how many euro's is a dollor?
wwelolypotty 1 year ago
@wwelolypotty it used to be 1.40 dollars, now it's 1.23 and going up.
formerutuber 1 year ago
This has been flagged as spam show
At this stage of the euro zone debt crisis, it doesn't appear that many central bankers will be diversifying into the euro any time soon. It's not surprising that Tom Campbell lost the primary for the Republican Senate seat in California.
forexyard 1 year ago
Comment removed
forexyard 1 year ago
euro is going down today 1.188 this is the end for euro ,and a winning point for the NWO one world coin all over the world and one world economy and under one goverment USA.
MaltaWheels 1 year ago
Dolla, Dolla, Bill Yall.....!
bmotx 1 year ago
Go king dollar!!!! LOL LOL
IWashMyOwnBrain 1 year ago
dollar dollar dollar is awesome!!!
donzaliko 1 year ago
USA USA USA!!!!
b1gr1g 1 year ago
LOL the euro is now only 20 cents stronger then the dollar.
What happened Europe?
itom85 1 year ago
@itom85 @itom85 I think that the risk of a plunging euro makes it less interesting to buy EU's bonds. So they convert to dollars and buy US bonds. This effect is triggered and stimulated by the threat of a default by certain EU member states. This is solved by the EU package to assist those countries. But the threat of a devaluation of the Euro continues. I think it will stabilize soon.
emiledingemans 1 year ago
You can sum up everything you just said in two words.
Risk Aversion.
Or in 4 words.
Death Of the Euro.
itom85 1 year ago
@itom85^
Risk Aversion? Better invest in Euros then.
Efteling4Ever 1 year ago
Of course it will eventually stabilize... But it will most likelybe near or at parity when it does.
itom85 1 year ago
@itom85 Interesting. But why do you think the stabilization will be around parity?
emiledingemans 1 year ago
@emiledingemans I think the destablization of europes economy is just begining. Investors will continue seeing the dollar as a safe haven. Risk Aversion will continue pumelling the euro for, as one bank said, "a while".
itom85 1 year ago
@itom85 "Aversion will continue pumelling the euro"
Aversion? Well, maybe yours but those using the Euro know better. And the USD a safe haven???????????? Where do they get people like you? You guys are spending 100 billion (basically non existing, borrowed) USD A YEAR on Iraq and Afghanistan alone. If there is a safe haven to find in any fiat currency at all, the USD is the last place on earth to find it.
Efteling4Ever 1 year ago
@itom85 It's already stabilising. Gone up from USD 1,22 to about 1,30. Too bad as we'd rather see it go down.
Efteling4Ever 1 year ago
This has been flagged as spam show
@emiledingemans "But the threat of a devaluation of the Euro continues" What will happen is that government budgets will in the near future be controlled/checked upon by an independent organ in Brussels.
Efteling4Ever 1 year ago
This has been flagged as spam show
@itom85
"What happened Europe?"
Well what happened is that even in times of gloabl economic recession the Euro went down and STILL staid 20 cents above the dollar. And is now rising again.
See, that's what happened.
Efteling4Ever 1 year ago
USD/EUR 0,82
USD/GBP 0,70
so what?
Patriol666 1 year ago
This guy is the Dean of UC-Berkeley's Haas School of Business? Does he still have his job?
ddbonner 1 year ago
Ha! This guy's forecast got absolutely devastated in the last year. Euro sovereigns now trade at huge premiums to US sovereigns.
BadAzVLo 1 year ago
The Euro and Pound arent worth a shit now.....funny how times change so quickly
Jacobrester 1 year ago
@Jacobrester cause usa strikes back...wait and see what the future will have for all of us
RedDeadRevolva 1 year ago
@Jacobrester Actually the pound has almost always been a weaker currency because it inflates faster. Literal value dollars to pounds does not tell you which currency is stronger.
arch571332 1 year ago
i dont think that dollar vs euro,,,its just a joke of europe for export more than us,if euro go down its bad for USA,beacuse they do more export with oher country.think is good.
tulipania100 1 year ago
I think the dollar can catch up with euro
R6US 1 year ago 2
I hate these headline jockeys, now look at the Euro, fuckin disaster...what a joke.
NJRocks281 1 year ago
@NJRocks281 Amen brother
nytquil1 1 year ago
@NJRocks281 " now look at the Euro, fuckin disaster...what a joke."
A disaster? Dude, and why would that be then?
Cause it exists, is real money and stronger than the USD? Yeah, clearly a disaster.
Efteling4Ever 1 year ago
The fact that it is valued higher than the dollar is not beneficial to Europe. It makes your exports less attractive. Also the Euro is stupid and doomed to long term instability due to the fact that European nations usually compete with each other and the fact that thy cannot value their currency appropriately creates a situation of winners and losers.
NJRocks281 1 year ago
@NJRocks281 "that it is valued higher than the dollar is not beneficial to Europe"
Many would like to see it go down, but every medal has 2 sides. Strong currency is bad for export and good for import of raw materials. Cheaper raw materials result in acceptable export prices. With weak currencies its teh other way round. It cancels each other out.
Efteling4Ever 1 year ago
Except the US has an abundance of domestic natural resources so that rules that out.
NJRocks281 1 year ago
@NJRocks281 "their currency appropriately creates a situation of winners and losers." No, these "losers" have always been weak economies. They were so then, they are so now. It matters zilch whether they have the Euro or the Greek drachma or Portuguese Escudo or whatever.
"the Euro is stupid and doomed to long term instability". For a stupid thing it's remarkably succesful and this "instability" exists mainly in US wishful media.
Efteling4Ever 1 year ago
This is an interesting talk. But lets remember that the dollar is the most important currency of the world only because of agreement. USA has printed too many bills and there are too many of those circulating arround the world, they are not backed by gold nor by domestic production. The dollar is an illusion.
Hulkmania316 1 year ago
@Hulkmania316 They are not printed any more, they are just numbers in bank accounts. The us computer system is the only system that can tally them. The US will do anything it takes including going to war(iraq), to keep the dollar the number one reserve currency.
hmakas 1 year ago
This has been flagged as spam show
@hmakas "They are not printed any more, they are just numbers in bank accounts. The us computer system is the only system that can tally them."
So you mean the US is just inventing additional money out of thin air. And they criticise the Euro. LOL
Efteling4Ever 1 year ago
fuck you
xcutiebaby10x 1 year ago
Remember Yugoslavia? A number of separate, culturally, ethnically, religiously, and linguistically disparate countries that were forced into "nationhood" by European politicians.
Didn't work too well, did it? Dissolved into bloody conflict. Gave us the Yugo.
So how did the European politicians respond? By taking an entire continent of separate, culturally, ethnically, religiously, and linguistically disparate countries and trying to force them into "nationhood." Great thinking.
Disassociator 1 year ago
1:19 SHE'S PICKING HER NOSE!!!!!!
dagannon 1 year ago
@dagannon She should; it prevents cancer the same way fish does.
Nature made snot tasty for a reason, but we've been brainwashed it's normal to eat snoty fish&snails and nasty to pick our noses.
It's just my silly imagination LOL, but what if it's true?
Nomasain 1 year ago
may 2010 the euro is going down, things can change!
kutubu1 1 year ago
tfkgj,gbkjbkjbjbjhvjhvjh
EuroNazionalist 1 year ago
Dollar = Shit
EuroNazionalist 1 year ago
ah this video is outdate.
elysium76 1 year ago
no necesito ver nada, echarán pestes sobre el euro los yankis de los cojones.
ala, a comer hamburguesas.
lisanecesita1aparato 1 year ago
We can all see what would have happened in the USA had Obama listened to the morons in the US right wing. Good thing we Liberals are smarter and stronger than the worthless pigs in the GOP.
BlameRepublicans