Real vs Dollar and other currency issues

[Madd Love]

This is necessary. The US couldn't keep running a trade deficit as large as it was - what was it, 6% of GDP not too long ago? That's nuts. A simple way to reduce your trade deficit is to let your currency weaken, just as is happening in the US and here in the UK. The dollar and pound have both been too strong (though a strong currency has its advantages, one of them mongering!), which has contributed to trade deficits, so a correction is needed. A weaker currency

1) makes our exports cheaper for foreign consumers, and...

2) makes imports more expensive for us, so our US- and UK-made goods are more attractive to US-UK consumers.

Both 1) and 2) will act to reduce a trade deficit. As for the Obama Administration's borrowing, the US government can borrow at virtually zero cost, so just relax.

Actually I agree with you except on your last point where the U.S can run trade deficits.

The U.S used to if it wanted to "Run trade deficits"
Actually the U.S filed bankruptcy earlier this year when it started "Quantitive Easing" (A stealth form of bankruptcy")

[Gedanken]

The rate is 2 to 1, and its on the way to 1 to1, thanks to obamanomics.

This is necessary. The US couldn't keep running a trade deficit as large as it was - what was it, 6% of GDP not too long ago? That's nuts. A simple way to reduce your trade deficit is to let your currency weaken, just as is happening in the US and here in the UK. The dollar and pound have both been too strong (though a strong currency has its advantages, one of them mongering!), which has contributed to trade deficits, so a correction is needed. A weaker currency

1) makes our exports cheaper for foreign consumers, and...

2) makes imports more expensive for us, so our US- and UK-made goods are more attractive to US-UK consumers.

Both 1) and 2) will act to reduce a trade deficit. As for the Obama Administration's borrowing, the US government can borrow at virtually zero cost, so just relax.

[Poucolouco]

Didn't this ******* just say earlier in another post he wanted RON PAUL for Prez? Now all of a sudden he wants to claim he casted a ballot for Obama just to obtain credibility for his rants?? Liar Liar Pants On Fire.

Look here you arm chair economist, you've successfully demonstrated that you're intellectually bankrupt and you don't know dick about the economy. Just because you're able to repeat something from sounding like it came from an Alex Jones or Rush Limbaugh show doesn't mean you're qualified to pass opinions off as facts as say um...a Paul Krugman or Warren Buffet. Besides, the moment you went on your racist rant like you were on Stormfront, particularly disqualified you from being taken seriously or intellectually for that matter. You seem very tough to say whatever in the comfort of your own home...I will never run a mile again with a Racist on this forum again. And finally, I look forward to your punk ass being pissed off for the next 7 1/2 years. Elections do have consequences pussy.

If you put Brazilman on your Ignore List you won't even see his messages. He will just go away.

[Brazilman]

One of the great things about being white, is we can actually admit we made a mistake, like I did voting for nomorebama. You on the other hand, can't form a opinion that goes against td jakes and al sharpton. Now go away. When obama loses in 4 years, are you going to scream racism and riot. PUSSY! I better lock up my plasma tv in 4 years, because you might want reparations from me and come steal it. SINCE I OWE YOU. LOL! You got to love it when blacks call us a pussy, even though they need their guns and pack of 10 to rob and beat on people. Can't fight like a man. Always need your gang banging buddies around. You had to shoot another one of your rappers named dollar last week. I wonder what al sharpton has to say about that.

[Brazilman]

[Deleted by Admin] You just can't handle the truth. Ron paul had no chance to win, so I didn't vote for him. I voted for Obama, because I wanted stem cell research to pass and higher mpg on cars. Obama did that. Good for him. Now he needs to get a economic brain, because it won't matter what my mileage is when it cost 500 for a candy bar. It doesn't take much to know that getting us into more debt won't get us out of debt. [Deleted by Admin]! Can't you see this! Of course you can't because [Deleted by Admin] know nothing about the issues today. Go vote for [Deleted by Admin] Thats all you [Deleted by Admin] know how do do when you can't win a argument. [Deleted by Admin]! YOU OWE ME! [Deleted by Admin] .

EDITOR'S NOTE: This report was edited in accordance with the Forum's Zero Tolerance policy regarding reports containing any personal attacks or derogatory comments directed towards another Forum Member or the Forum Membership in general.

[Member #4156]

I actually voted for obamo moron. I will say this in front of blacks and have you moron. I said it when you idiots voted for marion barry and nagin. You will vote for anyone that looks like you. You know nothing about the issues, since you don't read. I didn't know obama was going to put us in all this debt, and anytime you want me to say it to your face I WILL! You blacks can't handle anything said negative about you. I guess when you have been pandered to for 50 years it gets tough. You know nothing about economics, like obama, but since he looks like you, idiot, you can't say anything bad about him. Thats why your crime rate is so high. You give each other a pass for everything.

Didn't this ******* just say earlier in another post he wanted RON PAUL for Prez? Now all of a sudden he wants to claim he casted a ballot for Obama just to obtain credibility for his rants?? Liar Liar Pants On Fire.

Look here you arm chair economist, you've successfully demonstrated that you're intellectually bankrupt and you don't know dick about the economy. Just because you're able to repeat something from sounding like it came from an Alex Jones or Rush Limbaugh show doesn't mean you're qualified to pass opinions off as facts as say um...a Paul Krugman or Warren Buffet. Besides, the moment you went on your racist rant like you were on Stormfront, particularly disqualified you from being taken seriously or intellectually for that matter. You seem very tough to say whatever in the comfort of your own home...I will never run a mile again with a Racist on this forum again. And finally, I look forward to your punk ass being pissed off for the next 7 1/2 years. Elections do have consequences pussy.

[Brazilman]

The rate is 2 to 1, and its on the way to 1 to1, thanks to obamanomics.

[RonnyRon]

Obama does have to do with the price of braziliahn pussy, but your too stupid to know that. If you knew anything about economics you might know that but since 50% of black people drop out of high school, reading isn't your strong suit. How does it feel having to go through life not being able to handle anything bad said about you becuase your too sensitive. As far as Bush goes, he is the reason all this started as I said in my post, and Obama is just finishing us off. In 4 years he will be thrown out because there aren't enough black people to vote for him 3 times like crack barry.

Is all I have to say, but the exchange is 2.02 to the dollar today. Brazilman, you really need to chill out dude or take your meds. Damn!!!

RR

[Brazilman]

"so much bunda so little time" When obama gets done with our money, you wont have any left to pay for bunda. Borrowing and spending is the reason we are in this mess, and obama actually thinks, by doing more borrowing and spending, we will get out of it. WHAT A IDIOT!! Thats like telling a obese person, if you want to lose weight, you need to eat more and exercise less.

[Brazilman]

Obama does have to do with the price of brazilian pussy, but your too stupid to know that. If you knew anything about economics you might know that, but since 50% of black people drop out of high school, reading isn't your strong suit. How does it feel having to go through life not being able to handle anything bad said about you, becuase your too sensitive. As far as Bush goes, he is the reason all this started, as I said in my post, and Obama is just finishing us off. In 4 years he will be thrown out, because there aren't enough black people to vote for him 3 times like crack barry.

[Brazilman]

I actually voted for obamo moron. I will say this in front of blacks and have you moron. I said it when you idiots voted for marion barry and nagin. You will vote for anyone that looks like you. You know nothing about the issues, since you don't read. I didn't know obama was going to put us in all this debt, and anytime you want me to say it to your face I WILL! You blacks can't handle anything said negative about you. I guess when you have been pandered to for 50 years it gets tough. You know nothing about economics, like obama, but since he looks like you, idiot, you can't say anything bad about him. Thats why your crime rate is so high. You give each other a pass for everything.

[Hitmanm3]

Let's all thank Bush for the debt and the current mess that we're in. I'm quite sorry you feel so bad about yourself since the new President, OBAMA, does not look like you. Sounds like the "Angry WHITE MAN" complex. We can debate ECON any day, but I prefer to discuss how issues relative to this thread effect the price of bunda... not Klan comments made from protection from your computer screen. Everyone's tough in the closet. Maybe there weren't enough white celebrities to elect another white prez. The PEOPLE have spoken and I believe there were many more whites than blacks that voted for something better and different. History judges all ELECTED officials, not some idiot named brazilwoman.

Lonzof

Lets really just forget about who is white, black and latin and lets stick to what we all love which is THE BUNDA. Oh by the way I am neither black or white I am just HUMAN. Are we all on this forum. I love this place. So much Bunda so little time.

[Hitmanm3]

I am american. Now that obama is prez, I think I will change my handle to brokeman. America WAS the most vibrant. You know nothing about economics. You can't get out of a credit bubble, with even more borrowing and spending at a unprecedented level. You have to clean house, raise interest rates, so people will save, and cut goverment in half, so they can lower taxes for everyone. When bush came into office we had a 5 trillion dollar national debt. Thats all the debt we accumulated since the late 1700's, and now we have a 12 trillion dollar debt and obama has borrowed 2 trillion this year alone. He borrowed almost half of our total national debt from 2000 in ONE YEAR! We won't be able to pay the interest on this debt once rates go higher, which they will. I can't wait until all these rich black celebrities, that voted for obama, because he is black, and know nothing about the issues, lose all their savings, due to the collapse of their money. For the record, I hate john mcain also. I wanted Ron Paul for prez. In 4 years he will have a much better shot at winning. The only thing I like about Obama are his energy policies and stem cell policies but when it comes to finance he is bush 2.

When Clinton left office the USA had a 652 million dollar surplus, IBEW Union World magazine 2002 issue, eight months later it was all allocated and no politician or administration knew where it went. The USA will recover but it will take more than one term to fix no matter who is in charge of government. If all the analyst and economist would just give the facts and not there opinions and personal believes maybe the solution would be faster to attain. Even China is feeling the brunt of the economy with a 23% trade decrease in exports.

[Lonzof]

I am american. Now that obama is prez, I think I will change my handle to brokeman. America WAS the most vibrant. You know nothing about economics. You can't get out of a credit bubble, with even more borrowing and spending at a unprecedented level. You have to clean house, raise interest rates, so people will save, and cut goverment in half, so they can lower taxes for everyone. When bush came into office we had a 5 trillion dollar national debt. Thats all the debt we accumulated since the late 1700's, and now we have a 12 trillion dollar debt and obama has borrowed 2 trillion this year alone. He borrowed almost half of our total national debt from 2000 in ONE YEAR! We won't be able to pay the interest on this debt once rates go higher, which they will. I can't wait until all these rich black celebrities, that voted for obama, because he is black, and know nothing about the issues, lose all their savings, due to the collapse of their money. For the record, I hate john mcain also. I wanted Ron Paul for prez. In 4 years he will have a much better shot at winning. The only thing I like about Obama are his energy policies and stem cell policies but when it comes to finance he is bush 2.

Let's all thank Bush for the debt and the current mess that we're in. I'm quite sorry you feel so bad about yourself since the new President, OBAMA, does not look like you. Sounds like the "Angry WHITE MAN" complex. We can debate ECON any day, but I prefer to discuss how issues relative to this thread effect the price of bunda... not Klan comments made from protection from your computer screen. Everyone's tough in the closet. Maybe there weren't enough white celebrities to elect another white prez. The PEOPLE have spoken and I believe there were many more whites than blacks that voted for something better and different. History judges all ELECTED officials, not some idiot named brazilwoman.

Lonzof

[Brazilman]

You will be singing a different tune when the exchange rate is 1 to 1 in a year. you can thank nomorebama for the most expensive pussy you will ever have in Brazil.