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TranceAddict Forums > Other > Political Discussion / Debate > The dollar is rebounding
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HardTranceProd
Supreme tranceaddict



Registered: Jun 2004
Location: Washington DC
Be Cool! The dollar is rebounding

Did you know that the US dollar is suddenly growing again, while the euro and the pound are weakening?

quote:

The good news for Americans is that the euro and pound are weakening. That makes it less expensive for vacationing Americans to visit their favourite parts of Europe — and for businessmen to cross the Atlantic to close such deals as are still being consummated. A £300 London hotel room that cost $600 can now be had for closer to $550.


http://business.timesonline.co.uk/t...icle4547893.ece


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Old Post Aug-18-2008 12:49  United States
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adi_hanson
feels a newbie.



Registered: Dec 2007
Location: Blackburn

Its because in the uk, everyone is so hell bent on taking your earnings through the essentials of life(food,car etc) that not many people have room for leisure money, I think that applies across europe, they blame it on redneck americans with mortagages over here , but i think some corps and companys have got too greedy to fast and while we suffer , they tell us to stop moaning.

darn capitalism


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Old Post Aug-18-2008 20:13  England
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Krypton
83.798 g/6.022x10^23



Registered: Nov 2003
Location: Texas

quote:
Originally posted by adi_hanson
Its because in the uk, everyone is so hell bent on taking your earnings through the essentials of life(food,car etc) that not many people have room for leisure money, I think that applies across europe, they blame it on redneck americans with mortagages over here , but i think some corps and companys have got too greedy to fast and while we suffer , they tell us to stop moaning.

darn capitalism


lol, redneck Americans...

That didn't stop Swiss bank UBS or any German, and for that matter European banks from investing in those same "red neck Americans".

If I had my way, I would have nationalized Bear Sterns, Freddie Mac, and Fannie Mae.


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Old Post Aug-18-2008 20:53  Korea-Democratic Peoples Republic
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adi_hanson
feels a newbie.



Registered: Dec 2007
Location: Blackburn

quote:
Originally posted by Krypton
lol, redneck Americans...

That didn't stop Swiss bank UBS or any German, and for that matter European banks from investing in those same "red neck Americans".

If I had my way, I would have nationalized Bear Sterns, Freddie Mac, and Fannie Mae.


Well over here , they have already nationalised Northern Rock bank , and it hasnt gone down well at all , 500 mill drop in profits to be exact , and yes your right they also missed the point of the investment of rednecks from european banks ,

hope you enjoy that beer , knowing what youve caused lol


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Old Post Aug-18-2008 20:59  England
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Ian
Not dead yet.



Registered: Dec 2001
Location: UK

the uk economy is crashing, so something like this is bound to happen. We're heading for a bleak period and we will weaken against everything for a bit. We're under poor leadership & the wrong decisions have been made in many things and it's all coming back to haunt us

Old Post Aug-18-2008 22:29 
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adi_hanson
feels a newbie.



Registered: Dec 2007
Location: Blackburn

quote:
Originally posted by Ian
We're under poor leadership


lol ,understatement


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Old Post Aug-18-2008 22:32  England
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Ian
Not dead yet.



Registered: Dec 2001
Location: UK

quote:
Originally posted by adi_hanson
lol ,understatement


ironic that the man who made all those decisions as chancellor is now prime minister though. Shame he hasn't got the guts to call an election.

Old Post Aug-18-2008 22:36 
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adi_hanson
feels a newbie.



Registered: Dec 2007
Location: Blackburn

Its not the election he should be worried about , he recently called thatchers generation a 'lost one',

gees, better that labours , go out and beat someone to death with general intimidation and let the public go wild on each other generation.

How one party can destroy a social structure like they have is amazing.

I feel sorry for whoever has to clean up this mess


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Old Post Aug-18-2008 22:44  England
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pkcRAISTLIN
arbiter's chief minion



Registered: Jul 2002
Location:

quote:

The good news for Americans is that the euro and pound are weakening. That makes it less expensive for vacationing Americans to visit their favourite parts of Europe — and for businessmen to cross the Atlantic to close such deals as are still being consummated. A £300 London hotel room that cost $600 can now be had for closer to $550.


yet they dont mention that a strong dollar is against the interests of exporters.


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Old Post Aug-18-2008 23:04  Australia
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mndeg
;0



Registered: Aug 2002
Location: IL, United States

Are there still Americans going on vacation?
I thought staycations were the new thing.


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Last edited by mndeg on Aug-18-2008 at 23:15

Old Post Aug-18-2008 23:04  United States
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jerZ07002
Supreme tranceaddict



Registered: Dec 2006
Location:

quote:
Originally posted by mndeg
Are there still Americans going on vacation?
I thought staycations were the new thing.


the majority of americans are unaffected by the 'economic situation'. The commentary on tv is just crap from some rich blowhards to try and sound compasionate to the average person. My expenses have only risen slightly, my income has increased significantly, so i'll go on a vacation whenever the hell i want. my vacation isn't being ruined because bob shithead in oklahoma over extended his ass.

Old Post Aug-18-2008 23:29  United States
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pkcRAISTLIN
arbiter's chief minion



Registered: Jul 2002
Location:

quote:
Originally posted by jerZ07002
the majority of americans are unaffected by the 'economic situation'. The commentary on tv is just crap from some rich blowhards. My expenses have only risen slightly, my income has increased significantly, so i'll go on a vacation whenever the hell i want. my vacation isn't being ruined because bob shithead in oklahoma over extended his ass.


Exactly. I cant believe that americans are whining about being subject to the same market conditions re the value of their currency that a) they have been subject to for 4 decades and b) every other nation has had to deal with for the same amount of time. its high time they grew the fuck up.


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Old Post Aug-18-2008 23:32  Australia
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