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Author Topic:   American Budget Cuts
frako
Member (Idle past 296 days)
Posts: 2932
From: slovenija
Joined: 09-04-2010


Message 5 of 350 (605549)
02-20-2011 7:54 PM
Reply to: Message 4 by Phage0070
02-20-2011 4:10 PM


Re: no brainer?
When someone in one country wants to buy a good or service from a different country they cannot pay in their local currency because the foreigner isn't going to want their paycheck in that currency. So they have to exchange one currency for another, and there is a pool of this currency held by those who import and export to facilitate such exchanges.
When the dollar was dropping like a stone it really screwed the EU economy because of this shit.
The american company that baught EU goods had the bill in dollars. so at day 1 when they get the bill they owe say 1000 $ witch was say 750 euro at day 30 or 60 when they had to pay the bill they still owed 1000 dollars witch was say 500 EUR.
Well on the bright side mobsters are very interested in the EURo cause we have a frigging 500 EUR bill currently worth 684.514 US dollars right now kinda helps with the shipments of cash if you dont have to carry tones 100$ bills when you can only carry 1/6 of the volume.

This message is a reply to:
 Message 4 by Phage0070, posted 02-20-2011 4:10 PM Phage0070 has replied

Replies to this message:
 Message 6 by Phage0070, posted 02-20-2011 8:01 PM frako has replied

frako
Member (Idle past 296 days)
Posts: 2932
From: slovenija
Joined: 09-04-2010


Message 7 of 350 (605553)
02-20-2011 8:07 PM
Reply to: Message 6 by Phage0070
02-20-2011 8:01 PM


Re: no brainer?
Yea we keep bailong out countries slovenia sends money everywhere just to keep the people at home in the shit
Well its not that bad tough, hungary i think is the 5 country in a row that needed help, and our politicians dont have any guts like the slovaks who said NO we cant help right now, have to help our own people first.
Personaly i dont mid that much that the countries who are in deep shit are to be helped hell we might need the cash someday too tough i would really like some more guarantees on the lones that we and all the other EU countries give. And that the lones are not given just like that but some financial reforms are done first.

This message is a reply to:
 Message 6 by Phage0070, posted 02-20-2011 8:01 PM Phage0070 has replied

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 Message 8 by Phage0070, posted 02-20-2011 8:22 PM frako has not replied

frako
Member (Idle past 296 days)
Posts: 2932
From: slovenija
Joined: 09-04-2010


Message 337 of 350 (607329)
03-03-2011 7:46 AM
Reply to: Message 336 by Phage0070
03-03-2011 7:10 AM


Re: simple
and how much of the poor guys +1 every year does inflation negate.

This message is a reply to:
 Message 336 by Phage0070, posted 03-03-2011 7:10 AM Phage0070 has replied

Replies to this message:
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