Thread: US dollar outlook?

it must be done in a within a rapid timeframe
no running or hiding or childish behaviour
that is to cost consumeing and a time waster
flock together, yes like when you are demonstrating
For everyabody to travel cost free to Atheens
yes they can engage in traditional danceing, eating moussaka and cry like
they seems to enjoy
but hopefully they will appretiate the cleaning prosess this is
once the land of the Gods
now infested with parasites, but thankfully
to be debuged

can you imagine how utterly silly it will look
if little homo Androso is screaming nnoo no mama
i want to hide in a monastary
and another little ass runner runs for the hills..

nono IN ORDERLY FASHION
you greek little fuck
cost free to Athens and we nuke your ass

but my guess is they are not men enough to face the order of things
in yellow striped chicken shit greek manner they will all piss and moan
hide in each other asses
and our goverments will use our money to pay for the little fuckholes

joke littlebit

Originally Posted by Begbie

Long term, the US has built up a pile of debt. Expect them let inflation take care of the debt and devalue the money.

Seems the EU is following the US's lead and are printing Euros as fast as they can, backed by bonds of questionable value... I think it will be a race to see which collapses first...

Originally Posted by Muadib

Originally Posted by Begbie

Long term, the US has built up a pile of debt. Expect them let inflation take care of the debt and devalue the money.

Seems the EU is following the US's lead and are printing Euros as fast as they can, backed by bonds of questionable value... I think it will be a race to see which collapses first...

I will follow this line of thinking.

Lending money to Greeks is like putting the money in a skip, pouring petrol on it and putting a match to it. lways has been.
Seems to me that the whole world is skint, so who has the money?

Originally Posted by the dogcatcher

Lending money to Greeks is like putting the money in a skip, pouring petrol on it and putting a match to it. lways has been.
Seems to me that the whole world is skint, so who has the money?

Its being passed around. China loans to US, US loans to Euro, Euro loans to Greeks, Greeks pay off China,China loans to Japan, Japan builds electronics, Electronics are sold to US, US then sells cars to Greece, who promptly crash and burn ending the money cycle.

Europe has to go down the tubes before the US so the dollar still has some hope. Gold seems to be as strong as ever but that bubble idea always makes me wonder if gold will oneday see its old lows again. Housing in the US is weak and as people get older in the US it makes me think that housing probablyt won't see any great rebound. Maybe an amnesty for illegals in the US like Reagan supposedly did back in his time might help the values in the US. It might also be a good thing to close that border off a bit more. Just that act might create millions of jobs along the border and other places.

I see the dollar as steady for now. The Euro has to be beaten down for some time before the US dollar weakens. The western world will float or sink together for the most part. It's just a matter of who's in the water first.

32 US states bankrupt

32 States Now Officially Bankrupt: $37.8 Billion Borrowed From Treasury To Fund Unemployment; CA, MI, NY Worst | zero hedge

Originally Posted by baldrick

32 US states bankrupt 32 States Now Officially Bankrupt: $37.8 Billion Borrowed From Treasury To Fund Unemployment; CA, MI, NY Worst | zero hedge

Pretty astonishing numbers! If they'd bring our jobs back to America then we probably wouldn't be in this mess.

Originally Posted by BugginOut

Originally Posted by baldrick

32 US states bankrupt 32 States Now Officially Bankrupt: $37.8 Billion Borrowed From Treasury To Fund Unemployment; CA, MI, NY Worst | zero hedge

Pretty astonishing numbers! If they'd bring our jobs back to America then we probably wouldn't be in this mess.

The jobs left America because the Americans the complain the loudest forced that decision. It was the American consumer that demanded low prices. It was the American consumer that demanded higher returns on investments/401Ks/mutual funds. Companies gave the American public what it wanted: Lower prices. This was achieved by cutting what could be cut- the cost of labour, and compliance with health, safety and environmental protection laws. Moving production elsewhere allowed this. Americans wanted lower prices, but were not willing to to accept an ROI of 10% on an investment instead of 15% etc.

Have you ever noticed that the Americans complaining now about taxes, and inventing socialist conspiracies are also the ones that demand the government come in and wipe their collective asses whenever something goes wrong? The American meltdown comes as a result of greed and wanton lust for material desires. A nation of morbidly obese holy rollers cannot practice restraint nor practice what it preaches.
A perfect example is the current oil spill off of LA. It was Mr. Steeles head of the Republican party that proclaimed Drill baby, drill!. It was Gov. Jindal a Republican that demand there be more drilling offshore, it was a Republican administratation that appointed the oversight, it was the conservative oil lobby abetted by Glenn Beck & Rush Limbaugh that called oversight of offshore drilling left wing interference. It was Sarah Palin, the darling of the uneducated and ignorant that said the government should stay out of the oil industry and let the companies drill where they wanted. Now that the well blows, these same people are demanding that the Federal government solve the problem.

In any case, the world markets are coming back to the US dollar and will stay with it for the forseeable future. The USA has a major advantage over the rest of the world. It's largest trading partner, supplier of energy, fresh water, natural resources and skilled labour is Canada. In the next 100 years, as most of the world struggles to deal with drought, falling crop yields, diminished energy supplies, over population and a polluted environments, the USA will be able to manage, simply because it can depend upon Canada to prop it up.

I have a mate that has a 5 million deutsch mark mote.
Apparently they used to pay workers in the morning cos it was worth less in the afternoon,

China won't pull out because the US is its largest export market. With the current woes worldwide, investors are doing what they've always done: take safe haven in the greenback. Altho Canada's economy is stronger, the C$ is falling against the US$. That will change when Can raises interest rates, something the US must do at some point -- but, the debt is so huge the cost will be crippling.
The baht is overvalued IMO; capital inflows from China, Japan?

Originally Posted by zygote1

A perfect example is the current oil spill off of LA. It was Mr. Steeles head of the Republican party that proclaimed Drill baby, drill!. It was Gov. Jindal a Republican that demand there be more drilling offshore, it was a Republican administratation that appointed the oversight...

Oh, dear, are you still spouting "it's Bush's fault" a year and a half into obama's presidency? You can attribute part of this prob to the EPA that demanded drilling further offshore and thus in much deeper water, which is more dangerous. Sure, obama cannot solve the tech problem but he has done nothing to organise the cleanup or care for the region's people, and it's now day 38 since the blow-out. Obama also wanted to drill offshore to lessen US dependence on foreign oil and 18 months is plenty of time to check the agencies overseeing the industry. Steele has no govt power, so funny you refer to him here. obama has time to greet basketball and soccer teams, but none for the Gulf states?

obama and the democrat Congress will continue to spend (they have not even agreed to a budget yet), the money presses will continue to roll and inflation will follow.

’Currency is a barometer of political risk and the Thai baht has been pretty much flat since last year [on a trade-weighted basis]… If the political risk gets sorted out, then you may see the Thai baht appreciate just to catch up with the other regional currencies which it has lagged during this time.’’

I was looking forward to going to Thailand in July. One big reason was we love to buy a little gold in the Chinese shops. I feel better about $10,000 gold than $10,000 in Greenbacks. It has generally done much better than USA cash. Unfortunately our plans were put off.

it's 39 THB to the EURO

Welcome to the EURO to the loser currency club, the USD and GBP were patiently waiting

"The markets are willing to accept virtually the same yield from the Thai government as they do from the American." Economist.

Does this mean that investors have as little confidence in the USA as it has for a country in strife and the leader of the Asian crisis of the late 90's?

Now this combined with a strengthening baht confirms my statement;
" The baht is not strong, your home currency is weak"

Euro is finished as well as the pound. The dollar won't be far behind and then the fun begins as the rest of the world follows. At least Thailand can feed itself unlike most of the EU countries. Wouldn't want to be there WTSHTF. China is a lot worse off then what is let on. They have a current housing bubble that will make the US and Britian bubbles look like small pot holes in the economic hwy. Fasten up. Could be a bumpy ride. Oh yeh and those retirement check. Don't count on them being around to long.

Originally Posted by BobR

Originally Posted by barbaro

I suppose it depends on your timeline (how long you'll be keeping the dollars) and even then it'll be difficult.

Unfortunately there is no choice, my American pension is denominated in dollars, so I only hope they retain some value for the next 20-30 years I expect to live.

Unbelievable! All the hate you have for the US and it turns out that America is your sugar daddy!!

China buys gold, i bet it pays for it in US$ to reduce its vunerability.
India buys 300t of gold paid in US$ to reduce its vunerability.
Saudi Arabia admits it has many more tons of gold than previously declared, in preparation for a Middle Eastern currency backed by gold, no longer need to hold billions of US$. ??????

Shouldn't this be in issues rather than this Thai business forum?

Yes with the OP title it probably should have been, unless it was meant to be the US Dollar specifically contra the THB.

Yuan ^ Baht ^

Euro/Pound down US$ up

The USA want a stronger Yuan so those from Europe are going to suffer.

Finally the Thai raise prices during slow times.

Actually the Euro has been going up from 38 something to 41,44 THB over the last few weeks

When it comes to future FX rates, you might get a lot of advice from various people. Some of it might be persuasive, confident and logical-sounding. All of it completely worthless.

If anything about future FX rates was known, it would be priced into the current rates.