"Our economy is strong"

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quote:

Originally posted by ******** Seplling don't demonstrate intelligence and educatoin - knowing does.

I'll believe it when I see it.

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soundcloud | 303 Dimensions DI.FM | Bandcamp | Beatport | Juno

Something tell's me that Bernanke is getting geared up for his Ibiza Trip.

quote:

Originally posted by D:Jay Something tell's me that Bernanke is getting geared up for his Ibiza Trip.

that would be counterintuitive seeing how the dollar is getting weaker by the day that's actually why i made this thread... the direction things are going, ibiza '08 is gonna hurt even more than last year when it hit record lows of 1.3. $1000 usd buys me 100 fewer euros now

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My European friends are loving vacationing out here...

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quote:

Originally posted by ******** Seplling don't demonstrate intelligence and educatoin - knowing does.

The dollar may be in a world of pain, but investing wisely in the right global sectors easily makes up for that. Wherever one area is sluggish, a different area is booming. Just have to balance your portfolio right.

Easier said than done, of course. YMMV.

quote:

Originally posted by skizzell The dollar may be in a world of pain, but investing wisely in the right global sectors easily makes up for that. Wherever one area is sluggish, a different area is booming. Just have to balance your portfolio right. Easier said than done, of course. YMMV.

on the investment end yes, but you are still getting paid in and spending in dollars. there's no way around being a loser when the dollar inflates like this... well, unless you're in the tourism industry

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quote:

Originally posted by R!CH that would be counterintuitive seeing how the dollar is getting weaker by the day that's actually why i made this thread... the direction things are going, ibiza '08 is gonna hurt even more than last year when it hit record lows of 1.3. $1000 usd buys me 100 fewer euros now

better exchange your cash now then, before it gets worse!

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Listen to my Rainy Nights (TL)

quote:

Originally posted by R!CH on the investment end yes, but you are still getting paid in and spending in dollars. there's no way around being a loser when the dollar inflates like this... well, unless you're in the tourism industry

I suppose I am speaking from a longer term investment standpoint. Because, yeah, you're getting paid in dollars -- and when this works itself out within a couple years or so, your portfolio won't know the difference.

As far as liquid money, well, I would hope that Americans prepare for hardships and short-comings, but of course that's wishful thinking. I really can't have sympathy toward people who don't plan for obvious future situations. We may be the powerhouse of the world, but that doesn't mean we aren't prone to economic correction. Now give us our government handout.

I am glad, however, that Bernanke and others seem to be on board in regard to reforming (babying consumers) our credit companies in order to prevent people from being so retarded. Too little, too late though?

quote:

Originally posted by skizzell The dollar may be in a world of pain, but investing wisely in the right global sectors easily makes up for that. Wherever one area is sluggish, a different area is booming. Just have to balance your portfolio right. Easier said than done, of course. YMMV.

Amen

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"Discipline is what the world needs today and etiquette, you know. For one of the noblest things a man can do is to do the best he can." Prince Far I

this month is said to be the lowest ever for the housing market. USA, especially the west coast is having the largest number of repossessed houses ever.

If they do not lower the prime we as a nation are going to go into recession, which as history dictates will A) start a war, and B) piss me off

I need this damb prime to start dropping so I can sell my house, and move. If it doesn't I will be taking a huge hit. ... DAMMIT!