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Economy or bust
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Cirocco the Silver Fox:
Just a little something to read and discuss. Just happened upon it randomly.
http://finance.yahoo.com/news/roubini-perfect-storm-unfolding-now-104907590.html
Leeseetsa:
While it's not a very pretty rate, the Euro is growing in value again. (Yesterday you needed 1.222 USD to make one (1.000) Euro, today you need 1.232 USD to do so.)
Storm Fox:
--- Quote from: Leeseetsa on July 09, 2012, 06:59:16 pm ---While it's not a very pretty rate, the Euro is growing in value again. (Yesterday you needed 1.222 USD to make one (1.000) Euro, today you need 1.232 USD to do so.)
--- End quote ---
That's called fluctuation…
The values of any currency will go up and down on a day to day basis, the issue is what it does on a larger scale, week to week, month to month, and year to year.
Take a look at the long history here: [LINK]
Leeseetsa:
--- Quote from: Storm Fox on July 09, 2012, 07:14:47 pm ---
--- Quote from: Leeseetsa on July 09, 2012, 06:59:16 pm ---While it's not a very pretty rate, the Euro is growing in value again. (Yesterday you needed 1.222 USD to make one (1.000) Euro, today you need 1.232 USD to do so.)
--- End quote ---
That's called fluctuation…
The values of any currency will go up and down on a day to day basis, the issue is what it does on a larger scale, week to week, month to month, and year to year.
Take a look at the long history here: [LINK]
--- End quote ---
I know, but judging on how the global economy has slowly been declining, It's always good to find the positives where you can! :D Because there aren't many....
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