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Sheepactivator
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Posted - 2007.11.08 23:11:00 -
[61]
Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up.
If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar.
Only asset one can trust right now is Gold.
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Derovius Vaden
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Posted - 2007.11.08 23:13:00 -
[62]
Originally by: Sheepactivator
Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up.
If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar.
Only asset one can trust right now is Gold.
Silver is more stable than gold, you just need to buy more of it for a similar value.
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Last Wolf
Templars of Space
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Posted - 2007.11.08 23:16:00 -
[63]
Originally by: Sqalevon This does not look too good for the US, especially considering they have had a negative trade balance for a while, meaning they import more then they export, meaning they don't benefit from their weak dollar, and are actually suffering from it.
I hope this won't disrupt the world's economy on the long term.
Anyone else notice how it started decreasing drastically during clintion's second term? It actually went up (Well, less negitive) during Bush's first year.
Then again I blame the Oil companies waaaaayyy more than I blame either president.
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Sheepactivator
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Posted - 2007.11.08 23:17:00 -
[64]
Originally by: Derovius Vaden
Originally by: Sheepactivator
Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up.
If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar.
Only asset one can trust right now is Gold.
Silver is more stable than gold, you just need to buy more of it for a similar value.
Silver is not bad either. neither is platinum or uranium
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Derovius Vaden
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Posted - 2007.11.08 23:28:00 -
[65]
Originally by: Sheepactivator
Originally by: Derovius Vaden
Originally by: Sheepactivator
Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up.
If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar.
Only asset one can trust right now is Gold.
Silver is more stable than gold, you just need to buy more of it for a similar value.
Silver is not bad either. neither is platinum or uranium
I'd agree up to the Uranium; I'd never buy a metal that may end up being a lump of lead in a few years when I decide to resell.
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Alias11
GoonFleet GoonSwarm
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Posted - 2007.11.08 23:32:00 -
[66]
Originally by: Derovius Vaden
Originally by: Sheepactivator
Originally by: Derovius Vaden
Originally by: Sheepactivator
Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up.
If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar.
Only asset one can trust right now is Gold.
Silver is more stable than gold, you just need to buy more of it for a similar value.
Silver is not bad either. neither is platinum or uranium
I'd agree up to the Uranium; I'd never buy a metal that may end up being a lump of lead in a few years when I decide to resell.
Aww, that's cute, you think a metal standard is worth something.
Also I wonder what the odds that a currency that spent the better part of a century being significantly stronger than the rest of the world devalues as world trade adjusts.
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Last Wolf
Templars of Space
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Posted - 2007.11.08 23:35:00 -
[67]
Or you could stockpile Houses/property. Might not be the most conventonal method but there are very few places (at least in the US) where a house/property loses value. (then again, I guess if the money you use to buy/sell the house with goes down in value. Even if you sell it for more you might only break even or even lose money)
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Keorythe
Caldari Terra Rosa Militia Sev3rance
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Posted - 2007.11.08 23:36:00 -
[68]
Originally by: Cipher7
Its mostly kids from rural states with no future except a life of Truck Driving. No I guess 35-40k isn't quite "poverty", but I think most people would consider a 40k household to be "the working poor."
Living expenses vary from state to state. In some places cost of living is so low that 40k is a great income. In others like California or in D.C. 40k is poverty. Becoming a soldier during a war is never about money and I think any soldier whether American, German, or Australian will agree. Peacetime you get plenty who want to get the free college and bonuses. We call them reservists.
Quote: Anyone else notice how it started decreasing drastically during clintion's second term? It actually went up (Well, less negitive) during Bush's first year.
Then again I blame the Oil companies waaaaayyy more than I blame either president.
Trade issues have sooo little to do with lawmakers or oil companies for that matter. Trade is based on consumer needs and wants. That little supply and demand thingie they kinda taught you in grade school? Negative trade means that we are importing more. This has more to do with oursourcing jobs or supply from other nations. That little globalization thingie they taught you in high school? We get to buy more from cheap nations like Mexico or China (check the back of your apple computer) than we build ourselves. Blame Steve Jobs not Congress.
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Patch86
Di-Tron Heavy Industries Atlas Alliance
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Posted - 2007.11.08 23:40:00 -
[69]
Originally by: Sheepactivator
Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up.
If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar.
Only asset one can trust right now is Gold.
Amero won't happen for the forseeable future, I don't think. A monetary union where 1 member is many times more influential than the others combined is never going to be an attractive prospect. ------
Originally by: CCP Prism X There's no such thing as playing too much EvE! You all obviously need more accounts!
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Sheepactivator
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Posted - 2007.11.08 23:42:00 -
[70]
Originally by: Derovius Vaden
Originally by: Sheepactivator
Originally by: Derovius Vaden
Originally by: Sheepactivator
Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up.
If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar.
Only asset one can trust right now is Gold.
Silver is more stable than gold, you just need to buy more of it for a similar value.
Silver is not bad either. neither is platinum or uranium
I'd agree up to the Uranium; I'd never buy a metal that may end up being a lump of lead in a few years when I decide to resell.
what do you mean by that ?
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Derovius Vaden
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Posted - 2007.11.08 23:45:00 -
[71]
Originally by: Alias11
Originally by: Derovius Vaden
Originally by: Sheepactivator
Originally by: Derovius Vaden
Originally by: Sheepactivator
Originally by: Edsel If everyone thinks itÆs in such a bad state right now (and they obviously will not let the USD fail) then buy a bunch of USDÆs thru currency exchange and make a profit in a year or two when it goes back up.
If there even is a money called Dollar after two years. Havent you heard of Amero ? besides Dollars are not backed up by gold. Wait till Euro hits 1.55 per dollar.
Only asset one can trust right now is Gold.
Silver is more stable than gold, you just need to buy more of it for a similar value.
Silver is not bad either. neither is platinum or uranium
I'd agree up to the Uranium; I'd never buy a metal that may end up being a lump of lead in a few years when I decide to resell.
Aww, that's cute, you think a metal standard is worth something.
Also I wonder what the odds that a currency that spent the better part of a century being significantly stronger than the rest of the world devalues as world trade adjusts.
There is only a finite amount of rare metals on Earth, thus, having a significant percentage of them is a truer measure of wealth than a number in a computer or a piece of linen with a number drawn on it.
And your economy is suffering because you're currently embroiled in a stagnant war, pumping billions of dollars into it to keep it from flatlining outright, and your governing body refuses to adjust its priorities to put its citizenry first above its need to flex its empirial muscle.
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Alias11
GoonFleet GoonSwarm
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Posted - 2007.11.09 00:00:00 -
[72]
Originally by: Derovius Vaden
There is only a finite amount of rare metals on Earth, thus, having a significant percentage of them is a truer measure of wealth than a number in a computer or a piece of linen with a number drawn on it.
Good God. You can't actually believe this? I mean, coal or oil or something as a standard kind of makes sense, but there's no intrinsic value in so-called "precious" metals other than they tend to be shiny.
Quote: And your economy is suffering because you're currently embroiled in a stagnant war, pumping billions of dollars into it to keep it from flatlining outright, and your governing body refuses to adjust its priorities to put its citizenry first above its need to flex its empirial muscle.
Jesus, look at you. Did America, as an entity, kill your mom or something? I mean, you could at least use the mostly-informed opinion of the refusal to cut back on NSC-68 following the decline of the soviets in the 80's as the cause but the current war?
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Keorythe
Caldari Terra Rosa Militia Sev3rance
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Posted - 2007.11.09 00:01:00 -
[73]
Originally by: Derovius Vaden And your economy is suffering because you're currently embroiled in a stagnant war, pumping billions of dollars into it to keep it from flatlining outright, and your governing body refuses to adjust its priorities to put its citizenry first above its need to flex its empirial muscle.
Economics= you fail 
Propoganda= you roxxorz! 
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Derovius Vaden
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Posted - 2007.11.09 00:08:00 -
[74]
Originally by: Alias11
Originally by: Derovius Vaden
There is only a finite amount of rare metals on Earth, thus, having a significant percentage of them is a truer measure of wealth than a number in a computer or a piece of linen with a number drawn on it.
Good God. You can't actually believe this? I mean, coal or oil or something as a standard kind of makes sense, but there's no intrinsic value in so-called "precious" metals other than they tend to be shiny.
You put value in that which is consumed? Maybe we should all start trading in gallons of gasoline like the Road Warrior. Rare metals have always been used for currency for the same reason, time in memorium. There is only a finite amount for the population, and thus, can be controlled far easier than other methods. The fact that these rare metals are shiny (atleast some of them, platinum always looked rather dull to me.) is inconsequential.). Whenever a nations economy becomes unstable, and the value of its currency cannot be guaranteed, trade reverts back down to gold or other precious metals.
End of discussion really, seeing as History > you in terms of what is a true measure of wealth. coal, ah you children make me smile.
Quote:
Quote: And your economy is suffering because you're currently embroiled in a stagnant war, pumping billions of dollars into it to keep it from flatlining outright, and your governing body refuses to adjust its priorities to put its citizenry first above its need to flex its empirial muscle.
Jesus, look at you. Did America, as an entity, kill your mom or something? I mean, you could at least use the mostly-informed opinion of the refusal to cut back on NSC-68 following the decline of the soviets in the 80's as the cause but the current war?
Typical "OMG, no he din't!" response; How dare I talk down on your all-mighty infallible nation. How dare I infer that the self proclaimed wealthiest nation on Earth has the most pitiful social system for its people. Makes me wish the Americans would just wall up their internet like the Chinese and kept their propaganda pepped children away from the rest of us.
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Sheepactivator
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Posted - 2007.11.09 00:11:00 -
[75]
What has real usage value holds its value. Such thing for instance is OIL. This has nothing to do wheter using it is bad or not. Gold for instance is used alot in all sorts of things as is silver as is oil, etc.etc most ppl know only gold .. and that is why gold holds so high status.
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Alias11
GoonFleet GoonSwarm
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Posted - 2007.11.09 00:12:00 -
[76]
Originally by: Derovius Vaden
Originally by: Alias11
Originally by: Derovius Vaden
There is only a finite amount of rare metals on Earth, thus, having a significant percentage of them is a truer measure of wealth than a number in a computer or a piece of linen with a number drawn on it.
Good God. You can't actually believe this? I mean, coal or oil or something as a standard kind of makes sense, but there's no intrinsic value in so-called "precious" metals other than they tend to be shiny.
You put value in that which is consumed? Maybe we should all start trading in gallons of gasoline like the Road Warrior. Rare metals have always been used for currency for the same reason, time in memorium. There is only a finite amount for the population, and thus, can be controlled far easier than other methods. The fact that these rare metals are shiny (atleast some of them, platinum always looked rather dull to me.) is inconsequential.). Whenever a nations economy becomes unstable, and the value of its currency cannot be guaranteed, trade reverts back down to gold or other precious metals.
End of discussion really, seeing as History > you in terms of what is a true measure of wealth. coal, ah you children make me smile.
I never said it was worth anything, I said that because it had intrinsic value, it made more sense as a currency than a bauble that doesn't do jack crap.
Quote:
Quote:
Quote: And your economy is suffering because you're currently embroiled in a stagnant war, pumping billions of dollars into it to keep it from flatlining outright, and your governing body refuses to adjust its priorities to put its citizenry first above its need to flex its empirial muscle.
Jesus, look at you. Did America, as an entity, kill your mom or something? I mean, you could at least use the mostly-informed opinion of the refusal to cut back on NSC-68 following the decline of the soviets in the 80's as the cause but the current war?
Typical "OMG, no he din't!" response; How dare I talk down on your all-mighty infallible nation. How dare I infer that the self proclaimed wealthiest nation on Earth has the most pitiful social system for its people. Makes me wish the Americans would just wall up their internet like the Chinese and kept their propaganda pepped children away from the rest of us.
You have absolutely no idea what I said, do you?
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Battleclash
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Posted - 2007.11.09 00:21:00 -
[77]
Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way.
It's just his repressed feelings of outrage that cause him to sc*****the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'.
He does this about every 2 weeks or so.
Originally by: Vladimir Ilych Stupidity is universal.
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Alias11
GoonFleet GoonSwarm
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Posted - 2007.11.09 00:25:00 -
[78]
Edited by: Alias11 on 09/11/2007 00:25:17
Originally by: Battleclash Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way.
It's just his repressed feelings of outrage that cause him to sc*****the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'.
He does this about every 2 weeks or so.
I know, every time I catch it I try to get him to reveal how clueless he is on, well, everything. Like So,
Quote:
Quote:
Quote: And your economy is suffering because you're currently embroiled in a stagnant war, pumping billions of dollars into it to keep it from flatlining outright, and your governing body refuses to adjust its priorities to put its citizenry first above its need to flex its empirial muscle.
Jesus, look at you. Did America, as an entity, kill your mom or something? I mean, you could at least use the mostly-informed opinion of the refusal to cut back on NSC-68 following the decline of the soviets in the 80's as the cause but the current war?
Typical "OMG, no he din't!" response; How dare I talk down on your all-mighty infallible nation. How dare I infer that the self proclaimed wealthiest nation on Earth has the most pitiful social system for its people. Makes me wish the Americans would just wall up their internet like the Chinese and kept their propaganda pepped children away from the rest of us.
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Derovius Vaden
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Posted - 2007.11.09 00:32:00 -
[79]
Originally by: Battleclash Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way.
It's just his repressed feelings of outrage that cause him to sc*****the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'.
He does this about every 2 weeks or so.
I stopped reading you last post when you got to Okies. Wtf is an Okie? And we're not at the bottom, the typical american saying is that we're your hat, or some such thing. I suppose a mature audience during the US's peak at home hours is asking too much.
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Alias11
GoonFleet GoonSwarm
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Posted - 2007.11.09 00:40:00 -
[80]
Originally by: Derovius Vaden
Originally by: Battleclash Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way.
It's just his repressed feelings of outrage that cause him to sc*****the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'.
He does this about every 2 weeks or so.
I stopped reading you last post when you got to Okies. Wtf is an Okie? And we're not at the bottom, the typical american saying is that we're your hat, or some such thing. I suppose a mature audience during the US's peak at home hours is asking too much.
I'm just going to quote this and let it speak for itself
Quote:
Quote:
Quote: And your economy is suffering because you're currently embroiled in a stagnant war, pumping billions of dollars into it to keep it from flatlining outright, and your governing body refuses to adjust its priorities to put its citizenry first above its need to flex its empirial muscle.
Jesus, look at you. Did America, as an entity, kill your mom or something? I mean, you could at least use the mostly-informed opinion of the refusal to cut back on NSC-68 following the decline of the soviets in the 80's as the cause but the current war?
Typical "OMG, no he din't!" response; How dare I talk down on your all-mighty infallible nation. How dare I infer that the self proclaimed wealthiest nation on Earth has the most pitiful social system for its people. Makes me wish the Americans would just wall up their internet like the Chinese and kept their propaganda pepped children away from the rest of us.
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Battleclash
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Posted - 2007.11.09 00:44:00 -
[81]
Originally by: Derovius Vaden
Originally by: Battleclash Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way.
It's just his repressed feelings of outrage that cause him to sc*****the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'.
He does this about every 2 weeks or so.
I stopped reading you last post when you got to Okies. Wtf is an Okie? And we're not at the bottom, the typical american saying is that we're your hat, or some such thing. I suppose a mature audience during the US's peak at home hours is asking too much.
Okies are people from Oklahoma. You'll know one when they open their mouth. They boast that they have the best cooking, the best state, the best girls, the best stories, the best....well you get the idea. After 10 minutes you just wanna *****slap them.
And alot of Canadians share the same quality. Your one of the bigger ego's of the lot. In fact of all the canooks that I've met, I've only met 2 who were actually really cool. People in the UK even have a better outlook at life and a more open mind.
I mean just look at your post. You immediatly went on the defensive and put words in my post thinking that I thought that you guys are the bottom of the food chain but I can think of much worse places to be (or not to be).
It's not the country that's bad, Canada's a beautiful place to visit. It's the people it harbors.
Originally by: Vladimir Ilych Stupidity is universal.
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Derovius Vaden
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Posted - 2007.11.09 00:55:00 -
[82]
Originally by: Battleclash
Originally by: Derovius Vaden
Originally by: Battleclash Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way.
It's just his repressed feelings of outrage that cause him to sc*****the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'.
He does this about every 2 weeks or so.
I stopped reading you last post when you got to Okies. Wtf is an Okie? And we're not at the bottom, the typical american saying is that we're your hat, or some such thing. I suppose a mature audience during the US's peak at home hours is asking too much.
Okies are people from Oklahoma. You'll know one when they open their mouth. They boast that they have the best cooking, the best state, the best girls, the best stories, the best....well you get the idea. After 10 minutes you just wanna *****slap them.
And alot of Canadians share the same quality. Your one of the bigger ego's of the lot. In fact of all the canooks that I've met, I've only met 2 who were actually really cool. People in the UK even have a better outlook at life and a more open mind.
I mean just look at your post. You immediatly went on the defensive and put words in my post thinking that I thought that you guys are the bottom of the food chain but I can think of much worse places to be (or not to be).
It's not the country that's bad, Canada's a beautiful place to visit. It's the people it harbors.
Its referred to as the strawman defense (yay, OP taught me something). Instead of trying to convince you that your position is wrong, because such is futile and will never end in success, I throw all sorts of stumbling blocks infront of you and drag some bait over them in the hopes you will lose interest and GTFO. 
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BigDave
Exanimo Inc Triumvirate.
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Posted - 2007.11.09 00:58:00 -
[83]
Originally by: Derovius Vaden And your economy is suffering ... flex its empirial muscle.
The irony of your post is that you touch on what is happening without understanding it. Devaluing the dollar is flexing imperial muscle, in the sense that it is the only way the US can collect "tribute." Most major governments of the world have little choice but to maintain large holdings of US$ (necessary in order to purchase such commodities as crude oil, which are traded in US$). By pursuing monetary policy which devalues the US$, the US is reallocating wealth from those who hold large US$ stockpiles and returning it to those who directly benefit from such policy. Meanwhile, trade shifts to benefit US business while US debts fall in terms of actual value. 
And apparently at least one clueless Canadian dances in the streets over some perceived victory that the term "weakness" applied to a currency would imply weakness of the associated economy. How cute.
----- Dang, signatures keep getting smaller and smaller, unless you count the bits where ISD colors outside the lines... |

DarkMatter
Sintered Sanity
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Posted - 2007.11.09 01:08:00 -
[84]
Edited by: DarkMatter on 09/11/2007 01:12:32 Edited by: DarkMatter on 09/11/2007 01:11:02
Quote: Blind patriotic ferver and tin foiling make me lol. "You no dis ma country, ya hear!"
I don't feel "dissed" that our dollar is lower than yours... It's good for our local economy, which has been in trouble for years.
It's good for my job, and my companyÆs main competitor is in Germany. We're winning machine orders over them regularly now...
The weak dollar isn't hurting me at all... IÆm making more money than I ever have...
There's winners and losers in this whole deal... I'm not losing...
My Current Project |

Derovius Vaden
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Posted - 2007.11.09 01:08:00 -
[85]
Originally by: BigDave
Originally by: Derovius Vaden And your economy is suffering ... flex its empirial muscle.
The irony of your post is that you touch on what is happening without understanding it. Devaluing the dollar is flexing imperial muscle, in the sense that it is the only way the US can collect "tribute." Most major governments of the world have little choice but to maintain large holdings of US$ (necessary in order to purchase such commodities as crude oil, which are traded in US$). By pursuing monetary policy which devalues the US$, the US is reallocating wealth from those who hold large US$ stockpiles and returning it to those who directly benefit from such policy. Meanwhile, trade shifts to benefit US business while US debts fall in terms of actual value. 
And apparently at least one clueless Canadian dances in the streets over some perceived victory that the term "weakness" applied to a currency would imply weakness of the associated economy. How cute.
People also use the USD because of the percieved economic stability of it in the market. If they play go-fish with its value enough, world trade will turn to a new standard, much to the detriment of your currency. Currency trading in and of itself is based on the strength of the economy on which the currency is based. Such is why you rarely see people trading in the Kronar or Rupie, as investments in such markets is pretty much economic suicide.
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Alias11
GoonFleet GoonSwarm
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Posted - 2007.11.09 01:11:00 -
[86]
Originally by: Derovius Vaden
Originally by: BigDave
Originally by: Derovius Vaden And your economy is suffering ... flex its empirial muscle.
The irony of your post is that you touch on what is happening without understanding it. Devaluing the dollar is flexing imperial muscle, in the sense that it is the only way the US can collect "tribute." Most major governments of the world have little choice but to maintain large holdings of US$ (necessary in order to purchase such commodities as crude oil, which are traded in US$). By pursuing monetary policy which devalues the US$, the US is reallocating wealth from those who hold large US$ stockpiles and returning it to those who directly benefit from such policy. Meanwhile, trade shifts to benefit US business while US debts fall in terms of actual value. 
And apparently at least one clueless Canadian dances in the streets over some perceived victory that the term "weakness" applied to a currency would imply weakness of the associated economy. How cute.
People also use the USD because of the percieved economic stability of it in the market. If they play go-fish with its value enough, world trade will turn to a new standard, much to the detriment of your currency. Currency trading in and of itself is based on the strength of the economy on which the currency is based. Such is why you rarely see people trading in the Kronar or Rupie, as investments in such markets is pretty much economic suicide.
Are you going to respond to any arguments or are you just going to go off on random tangents until we realize you're just an angry little hate-monger and go home.
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Battleclash
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Posted - 2007.11.09 01:14:00 -
[87]
Originally by: Derovius Vaden
Its referred to as the strawman defense (yay, OP taught me something). Instead of trying to convince you that your position is wrong, because such is futile and will never end in success, I throw all sorts of stumbling blocks infront of you and drag some bait over them in the hopes you will lose interest and GTFO. 
Well it's an active topic so I probably wont lose interest. That's a pretty strong post there, you should re-read yourself sometime then look in the mirror.
We in OOPE understand your utter hatred for the US for whatever reason, be it governmental or outsiders assuming canada is actually part of america, and we realize that you have a huge fetish for Darkmatter, always calling him a blind patriot then spouting off how great canada is (see the irony here?), but the way your doing this is all wrong.
You grasp at straws. Every once in a blue moon you get something actually relevant, but it's only once in a blue moon. The rest of the time you just post something in hopes that it demoralizes the people of the US that play this game or whatever your master scheme is.
This is probably one of those situations where you should have read into the information a little more instead of posting it and standing there feeling proud. Bigger is not always better. I'm sorry.
Originally by: Vladimir Ilych Stupidity is universal.
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Ademaro Imre
Caldari Eye of God
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Posted - 2007.11.09 20:55:00 -
[88]
Originally by: Battleclash Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way.
It's just his repressed feelings of outrage that cause him to sc*****the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'.
He does this about every 2 weeks or so.
Canada is so fasionable. Its America's hat. |

Ademaro Imre
Caldari Eye of God
|
Posted - 2007.11.09 21:12:00 -
[89]
I run a business too. Its has been absolutely awesome last 2 years. I have never had to turn away business before. I can't find enough people to work for me because i have to keep competing with the increasing wages.
The dirty little secret is that the dollar fall has nothing to do with the fundamentals of the economy. Its a "credit crunch" for some, and just some, not all banks were two dumb to give their money to people who should never have gotten the money. They used that money and paid off builders. Who in turn paid their loans off to the banks. The banks operated on think they were getting some sort of future income from these homeowners and they are not getting it. They are short on cash now and have to report the loss on paper. The banks still own the equity in the homes! The homes are not cars, they do not depreciate like a car does. The banks that were stupid - just have to wait around like stupid banks should until they can resell the homes.
And it hasn't really put a large dent into housing market either. Where I live, there are 2100 new houses already broken ground, or will be in the next year. Prices of some home have come down, but they were flying up anyway. Smart people are still buying homes and not buying into silly mortages with highly variable interest rates.
Every person that has had, or having their home foreclosed on them, still have their jobs. They just couldn't afford to pay the deal they signed on for interest for a year and higher (much higher) interest rates later on. They were renting before - and should have stayed that way =- or stayed in smaller houses.
These banks and their paper loss, not equity is pushing the dollar down. Not the fundmentals of the economy. |

Mr Friendly
That it Should Come to This Derek Knows Us
|
Posted - 2007.11.10 00:17:00 -
[90]
Originally by: Battleclash Edited by: Battleclash on 09/11/2007 00:21:52 Don't rip on DV too bad. It's understandable for canooks to want to rip on a country like the US or the UK because their country doesn't really stand out in any fashionable way.
It's just his repressed feelings of outrage that cause him to sc*****the bottom of the barrel in hopes of finding some piece of garbage against us to make himself and his land of oorigin seem 'better'.
He does this about every 2 weeks or so.
Yah, it must suck for Canada to be paying *down* it's debt of 475 billion every year (and now mandated by law), posting record surpluses for the last few years (with more to come), while still offering tangible benefits to its citizens.
Unlike the US that now has a 9 TRILLION dollar debt, and keeps going further into the hole. You do realize America has to deal with that cancer before the debt service payments consume gdp, right?
Frankly, I'd say Canada stands out pretty well when compared to the US.
Thanks for trolling though. __________________________________________________
Originally by: Rells This place is sewer. Full of people that use internet anonymity to do things that would earn them two knocked out teeth in real life.
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