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Strong US Dollar

  • #1
  • First Post: Oct 20, 2009 5:27am Oct 20, 2009 5:27am
As we all know everybody wants a strong dollar (Europe because of the export, China/ Australia because of the inflation, OPEC because of the higher oil price will slow the recovery), but nobody is willing to Buy the dollar. Why is that?
Let see who wants the US currency to go up and who want it to go down further.
I'm bulllish on the dollar
No risk, No Glory.
  • #2
  • Oct 20, 2009 7:51am Oct 20, 2009 7:51am
Quoting jorryo
As we all know everybody wants a strong dollar (Europe because of the export, China/ Australia because of the inflation, OPEC because of the higher oil price will slow the recovery), but nobody is willing to Buy the dollar. Why is that?
Let see who wants the US currency to go up and who want it to go down further.
I'm bulllish on the dollar
Dude think who you missed.....USA...who gives a damn about other countries' problems.
The only way to get smarter is by playing a smarter opponent.
  • #3
  • Oct 20, 2009 8:39am Oct 20, 2009 8:39am
Quoting jorryo
As we all know everybody wants a strong dollar (Europe because of the export, China/ Australia because of the inflation, OPEC because of the higher oil price will slow the recovery), but nobody is willing to Buy the dollar. Why is that?
Let see who wants the US currency to go up and who want it to go down further.
I'm bulllish on the dollar
i want strong US dollar coz i`ve sort cable
  • #4
  • Oct 20, 2009 9:25am Oct 20, 2009 9:25am
Quoting jorryo
As we all know everybody wants a strong dollar (Europe because of the export, China/ Australia because of the inflation, OPEC because of the higher oil price will slow the recovery), but nobody is willing to Buy the dollar. Why is that?
Let see who wants the US currency to go up and who want it to go down further.
I'm bulllish on the dollar
three words...Incredibly Huge Debt.

The US is farther in the hole than ever before in its history. American Policy is now "just print more money and get these people spending it again".

It doesn't appear to me that the fundamental ecconomy of the US is based on anything other than spending money. The US doesn't really export anything exept jobs. A large percent of manufacturing occurrs overseas with the American consumer buying the end product. But when the American Consumer doesn't have the money or the job to get the money what happens?

Do US companies hire ONLY Americans? NO! Because labor unions have a tight squeeze on the price of labor. What does the US government do? It prints more money and gives it to the company that doesn't hire Americans and says...no worries if you don't make money we'll own 60% of a worthless company that can't make money.

Almost 20 years ago this same goverment took over a legal prostitution business in Nevada becuase of failure to pay taxes. After 5 years, they closed the business because they couldn't make a profit...where the only thing they have to do is sell booze and sex...how can anyone expect the dollar to become stronger as long as the fundamental ecconomy is nothing but hot air and worthless paper.
  • #5
  • Last Post: Oct 20, 2009 9:35am Oct 20, 2009 9:35am
Quoting gspajon
three words...Incredibly Huge Debt.

The US is farther in the hole than ever before in its history. American Policy is now "just print more money and get these people spending it again".

It doesn't appear to me that the fundamental ecconomy of the US is based on anything other than spending money. The US doesn't really export anything exept jobs. A large percent of manufacturing occurrs overseas with the American consumer buying the end product. But when the American Consumer doesn't have the money or the job to get the money what happens?...

Great speech gspajon
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