Comments on: Euro Reaches New High Against Dollar

Gloomy U.S. Indicators Push Pan-European Currency To More Than $1.50 For First Time

[mcvet]

yeah i just said that to my gardner this morning..

i think charmins toilet paper is worth more


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Posted by libsrweak at 11:04 AM : Feb 27, 2008
+ report abuse

So are you saying we should NOT "Stay the Course" with our present Economic Policies? ROFLMAO Seig Heil Bush

[drinuk]

I can recall $2.50 to the pound, so there is some way to go. Exports will be helped considerably, it''s a good move. Having said that take care, on BBC TV last night they showed a whole new car production line in RUSSIA ! Where did the plant come from ??? Detroit !!! Chrysler !!! Beware the ELITE are selling jobs not goods, a cheap dollar is going to help the asset strippers if you don''t get a grip of ''em. What you need is a Government who works for the American people and not just Wall Street or Corporate America.

Go call Ron Paul Quick.

[carpriddler]

Gold at $900 - $1000, oil is $100 a barrow, foreclosures at a all time high, car repositions at a all time high, credit card defaults at a all time high, the dollar at all time low, wages spiraling down, new jobs declining at a record rate, a new tax for everything, but the good news is the underground economy for criminals, politicians,and undocumented immigrants is doing great!!!

[actiscenei]

hummmm high euro meanin..its more expensive to buy european products..weak dollar..europeans buying cheap american products...creating more jobs..more employees earning..more taxes..more dollar ..

we would feel te
he benefit of this is a few years

You don''t get it. Oil (among other commodities) is traded in dollars. In order for the oil-producing nations to maintain their prices, when the dollar falls, prices go up. Will the benefit of this be $8 a gallon gasoline this summer and lots of European tourists coming to American to buy stuff made in China?

[libsrweak]

Can you remember the days when we, America, joked about how worthless was the Mexican peso.

Posted by payasyougo at 08:28 AM : Feb 27, 2008
+ report abuse

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yeah i just said that to my gardner this morning..

i think charmins toilet paper is worth more

[libsrweak]

hummmm high euro meanin..its more expensive to buy european products..weak dollar..europeans buying cheap american products...creating more jobs..more employees earning..more taxes..more dollar ..

we would feel te
he benefit of this is a few years

[mcvet]

this is a non story to the worthless libs that post here...you dont have any dollars to convert to euros anyway, so dont waste not the government... if not have a good day of complaining about your worthless lives

Posted by jwind11 at 07:53 AM : Feb 27, 2008


blab, blab, blab, blab, Lib''s, blab, blab... I wonder if these fascist have EVER had an orginal thought!! Sieg Heil Bush!!

[peacedreamer-2009]

What a great time to be exporting our manufactured goods and establish a strong export market. Oh wait, NAFTA put an end to manufacturing in the US, so we have nothing to export. Bummer!

[omega39-2009]

Time to put Bush''s picture on all devaluing US money. These Bush bucks will serve as a reminder to the public to never vote for anyone advocating voodoo economics again.

[clifden6]

This is more than a non-story:
America''s Spiraling External Debt and the Decline of the US Dollar

by Andre Gunder Frank

"Or what if, long before that comes to pass, exporters of oil simply cease to price it in ever-devaluing dollars, and instead make a mint by switching to the rising euro and/or a basket of East Asian currencies? That would at one stroke vastly diminish the world demand for and price of dollars by obliging anyone who wants to buy oil to purchase and increase the demand price of the euro or yen/yuan instead of the dollar. That would crash the dollar and tumble Uncle Sam in one fell swoop, as foreign - and even domestic - owners of dollars would sell off as many of them as fast as they could, and other countries'' central banks would switch their reserves out of dollars and away from Uncle Sam''s no-longer-safe haven. That would drive the dollar down even more, and of course halt any more dollar inflow to Uncle Sam from the foreigners who have been financing his consumption spree. Since selling oil for falling dollars instead of rising euros is evidently bad business, the world''s largest oil exporters in Russia and OPEC have been considering doing just that. In the meantime, they have only raised the dollar price of oil, so that in euro terms it has remained approximately stable since 2000."