I believe it's like HKD that's pegged directly to the USD...Originally posted by av98m:Well, all the contractors get rich, while the american debt swells (it is currently in the thrillians). One reason they can get away with this is that whatever excess currency they print to support whatever, will be bought by the many countries who peg their currency to the US dollar. The US gahmen is scared to death of countries switching to the Euro. (It is interesting to note that Saddam was contemplating that option before he got invaded)
highly unlikely .... cos it'll be like shooting themselves in the foot ...Originally posted by sbst275:What if the world suddenly 1 day stops financing them?
And hence the federal reserve can continue to print money like nobody's business and get away with itOriginally posted by Fatum:highly unlikely .... cos it'll be like shooting themselves in the foot ...
thing is, like it or not, the super consumer society that is the US is the growth engine for the rest of the world ... every country the world over still look to it as the biggest consumer (economy) in the world ....
so there lies the conumdrum ... it doesn't matter if the rest of the world hates their guts, if the US economy goes kaput, so does the rest of the world ...
oh hell ... I'm starting to sound like a certain leftist militant econs prof ...![]()
you should look at the "alterative economy" movement in argentina and venezuela ...Originally posted by the Bear:not necessarily..
when someone realises the mess the US is making the world head for, and takes a stand, things may change..
however, looking at the way things go, no one dares to even think about it..
i was looking at the "FT took his job" topic, we have people ranting for us to "think out of the box" but they refuse to do so themselves... set in their old ways where they do nothing but pursue profit relentlessly, damn everything else..
i'm challenging the "profit and growth" outlook in businesses.. but no one even dares to think that way..
think out of the box.. think that your box is heading 100mph off a cliff... but heck, since everyone else is staying the course, so am i??
sad...
hangover from too much eating, drinking, and WoW?Originally posted by sbst275:Today so far has not seen fen hong ser de er xiong
ermmmmm ....Originally posted by av98m:*tries to think of something to say about high heels and fails*
They are delicate shoewear. Great for tottering around and needs the arms of guys to support.Originally posted by av98m:*tries to think of something to say about high heels and fails*
Other than getting drunk?Originally posted by the Bear:got things to do..
say.. do any of you fellas have plans for New Year's Eve?
Getting laid?Originally posted by av98m:Other than getting drunk?
I dunno, I kind of like doing it at home so I won't have to worry about waking up in a ditch or a police stationOriginally posted by the Bear:go to a pub and get blitzed?
On such short notice? Fat chance.Originally posted by viciouskitty74:Getting laid?
Problem is. Everyone will be doing the same.Originally posted by the Bear:go to a pub and get blitzed?
Originally posted by av98m:I dunno, I kind of like doing it at home so I won't have to worry about waking up in a ditch or a police station![]()
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