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Will death of the US dollar affect GoonSwarm?

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Boppi Amarr Blue Republic	Posted - 2009.11.11 09:41:00 - [31] This Thread is terrible and everybody posting in it is too. ___________________________ 1st lol umad? omgwtf! cu on teh battlefield hurfblurf post with ur main derp Toasting in an epic bread hurr
Vom Kriege Amarr GoonFleet GoonSwarm	Posted - 2009.11.11 09:51:00 - [32] i'm that rich eurogoon who will pay for all those poor us goons, including apartements and new teeth
Higgs Foton Minmatar Scoopex Majesta Empire	Posted - 2009.11.11 10:20:00 - [33] Originally by: Palmer Eldritch A friend told me the dollar would be replaced by the euro, which will eventually become a global currency. He has a blog with some really interesting stuff about Obama. This idea might not be far fetched. Recently i was in Denver (I am from Holland) and some people there asked me about the Obama medicare laws and how we in Europe/Holland do that. In the talks that followed i suggested Colorado leaving the USA and joining the EU instead. After some laughs most people concluded that it might not be a bad idea after all.... ___________________________________ Ducttape > steel
LifeLines Caldari Capital Construction Research	Posted - 2009.11.11 10:29:00 - [34] Edited by: LifeLines on 11/11/2009 10:32:31 Edited by: LifeLines on 11/11/2009 10:30:27 Originally by: Apurimac I don't know why i'm bothering but here goes... The dollar isn't going to die anytime soon. The fact that global investors were running to the dollar and treasuries in droves during the banking crisis in '08 is the most solid evidence it is still the worlds reserve currency. One of the biggest reasons it is still the worlds #1 reserve currency is the U.S. has one thing the Europeans severely lack: an effective military. Without U.S. support, NATO would be an even bigger joke than it already is and the ability for Europe to respond to an invasion from say, Russia, would be extremely limited. Hence the euro is not as solid as the dollar from a long term standpoint. The dollar is experiencing pre-recession levels of inflation, but there's still significant deflationary pressure on the dollar because of the weak US economy which is why the fed can print all the money it wants and inflation still stays at about 4% year to year. U.S. banks are swimming in liquidity right now but it hasn't affected prices that much because they are still extremely reluctant to lend. BTW, isn't the leader of IT Alliance SirMolle? Last i checked he was American, is the weak dollar going to mean you guys are out of a leader? lol the chinese and others have been hoarding dollars and not euros not because EU doesnt have its own army, but because euro is a relatively new project(started 10 years ago), and there still are many uncertainties about its future... for example, will southern european countries cut their deficits so as not to endanger the whole eurozone.. but then again if US deficit continues growing at this rate, nobody will want your newly printed greenbacks. even though euro is a very new currency, it accounts for around 25% of reserves in worlds central banks. now having in mind that the primary goal of ECB is to maintain price stability(the fed cares more about output growth), I can see the chinese and russians switching to euro as a reserve currency. the dollar wont "die", but its going to get dethroned as a reserve currency of the world really soon if that 1.6tn deficit doesnt start shrinking, and i think it wont shrink in the next decade due to the ongoing wars and USA's new healthcare system. Quote: The fact that global investors were running to the dollar and treasuries in droves during the banking crisis in '08 is the most solid evidence it is still the worlds reserve currency. no this is called flight to liquidity and its in no way an evidence that dollar is going to be strong in future. when lehman brothers went under, a massive selloff in equities started and investors had to put their money somewhere. US treasuries were and still are considered to be the least risky investment.
JeepersCreepers Caldari Endstati0n Ev0ke	Posted - 2009.11.11 11:20:00 - [35] World Population (Wed Nov 11, 2009): 6,796,316,916 12.21.2012 Countdown: 1135 days, 11 hrs 41 mins, 5 seconds we all gonna die!!!
Myz Toyou Minmatar APOCALYPSE LEGION	Posted - 2009.11.11 11:56:00 - [36] Originally by: JeepersCreepers World Population (Wed Nov 11, 2009): 6,796,316,916 12.21.2012 Countdown: 1135 days, 11 hrs 41 mins, 5 seconds we all gonna die!!! Make sure your clone is updated. -------------------------------------------------------------------------------- [gold]Your signature image exceeds the maximum allo
Hroya Gallente TerraNovae Amici Noctis	Posted - 2009.11.11 11:58:00 - [37] Originally by: JeepersCreepers World Population (Wed Nov 11, 2009): 6,796,316,916 12.21.2012 Countdown: 1135 days, 11 hrs 41 mins, 5 seconds we all gonna die!!! Stay stuned for The Matrix Reloaded.
Rakessh Caldari Arachnea Phoenix Battalion Phalanx Alliance	Posted - 2009.11.11 11:59:00 - [38] Edited by: Rakessh on 11/11/2009 11:59:32 Originally by: Del Mei Edited by: Del Mei on 11/11/2009 03:08:40 I doubt the U.S.D. is going anywhere, now or any time in the near future. How many countrys own U.S. Tresury bonds? China has a massive amout, along the lines of 500 Billion last time I checked. Now, as for the U.S. using the Euro or anthor currency, it will never happen. Hell, we are still the only country using the Dewy Decmial system. Americans (like me) are proud and set in out ways . Now, if we could get our lovley socilast pres out of office who is further dragging us down the tube of debt we would be doin just fine :). Forgot to add- How many countrys including Iceland, just about all of Europe, Russia, and god knows how many African countrys recive aid from the U.S.? And just rember, we provide 95% of all troops in U.N. troop deployments and god knows how much we pay of there budget. I think after he is done with the health reform he should do a public school reform too. Looks like you could need it CEO Arachnea Phoenix Battalion
acompton Gallente Fallen Angel's Blade.	Posted - 2009.11.11 12:34:00 - [39] Edited by: acompton on 11/11/2009 12:34:37 Originally by: Cippalippus Primus Originally by: Arbren Esctra A few friends have been telling me to get out of dollars and into hard assets or commodities. My question is...If the dollar dies as my friends are telling me within a year to two years. 1.5 years maybe from my research. Right. What are your academic titles? I need to know it because I can't understand if you are some libertarian economist convinced by Ron Paul, or more likely, someone who watched too much youtube and read too many stupid blogs. It was probably the same friends that told him he needed to buy tech stocks in March 2000 because because you can't go wrong and that he needed to buy a huge house with zero down in March 2006 because it can't go wrong... This was a good trade a year ago, if you are 'hearing about it from your friends' it is typically too late and you are buying in so someone else can get out...
Fitz Chivalry Gallente eXceed Inc.	Posted - 2009.11.11 12:58:00 - [40] Originally by: acompton Edited by: acompton on 11/11/2009 12:37:13 Edited by: acompton on 11/11/2009 12:34:37 Originally by: Cippalippus Primus Originally by: Arbren Esctra A few friends have been telling me to get out of dollars and into hard assets or commodities. My question is...If the dollar dies as my friends are telling me within a year to two years. 1.5 years maybe from my research. Right. What are your academic titles? I need to know it because I can't understand if you are some libertarian economist convinced by Ron Paul, or more likely, someone who watched too much youtube and read too many stupid blogs. It was probably the same friends that told him he needed to buy tech stocks in March 2000 because it can't go wrong and that he needed to buy a huge house with zero down in March 2006 because it can't go wrong... This was a good trade a year ago, if you are 'hearing about it from your friends' it is typically too late and you are buying in so someone else can get out... Don't listen to him Arbren, you need to get out now and my offer of 0.2 EUR for each of your worthless American Dollars is only good until midnight tonight - sell now before the Mayans get you!!!!!
Logan Williams Caldari Beyond Divinity Inc Beyond Virginity	Posted - 2009.11.11 13:03:00 - [41] Originally by: Sworn Absent goddamn this is a stupid thread QFT
Valadeya uthanaras Amarr GK inc. Panda Team	Posted - 2009.11.11 14:27:00 - [42] Hehe, good to see that the average American still live in an illusionnary world To the Op, You best option is to go into a currency that is less corrupted by private interrest? If there is a thing that most american just plain dont know about their currency, its how the FED (federal reserve bank), that is a privatly own bank, slowly take every last bit of ressource they have. Ask an american is they know what is the FED, last survay show 0.8% know it exist, 0.1% know how it work So yeah , go into an other currency ( canadian dollar is a good idea) or better switch to asset that will provide you with ressource independance (solar panel or windmill for electricity), low gas usage car (the less gas your car drink the less you gonna be affected by recource crisis) if anyone interested, here a nice link: http://www.zeitgeistmovie.com/ they are 2 video that both recive many prices including academy awards have fun Valadeya
Vom Kriege Amarr GoonFleet GoonSwarm	Posted - 2009.11.11 14:44:00 - [43] Originally by: Valadeya uthanaras http://www.zeitgeistmovie.com/ aahahahaha internet!
crice Caldari CRICE Corporation The Purge Alliance	Posted - 2009.11.11 14:56:00 - [44] Odd post. I still think we should just go to war with a few of you Euro's and sell your wealth or lack of wealth. Ya so the US is screwed on banking, cars, public schools and your going to miss goons.... My kids schools cancelled all field trips, after school programs and is asking for us to buy school supplies again even though that is supposed to happen once a year. Thank you all that voted for Obama.... At least with Bush we would be killing off Iran by now. haha
Nahia Senne Gallente Black Nova Corp IT Alliance	Posted - 2009.11.11 15:01:00 - [45] I just love http://www.zerohedge.com/ for my daily dose of tinfoil.
enjoi Gallente Black Nova Corp IT Alliance	Posted - 2009.11.11 16:43:00 - [46] about the best thing to come out of this threads existence was a couple of wiki pages on the 2012 phenomenon and a read about the black hole alignment theory and sagittarius A. Originally by: LadyScarlet we all suppose to be dead in 2012 anyways Real men structure tank.
Pasen Haas Caldari Easter Corporation Vanguard.	Posted - 2009.11.11 16:46:00 - [47] Posting in a thread about economics which was, up to this post, entirely devoid of people who had taken econ 101.

CCP Navigator Minmatar C C P C C P Alliance	Posted - 2009.11.11 17:18:00 - [48] This has nothing to do with CAOD. Locked. Navigator Senior Community Representative CCP Hf, EVE Online


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