Author Topic: Economy or bust  (Read 1262 times)

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Offline Cirocco the Silver Fox

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Economy or bust
« on: July 09, 2012, 04:22:54 pm »
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
I chase the wind, but have no dreams of catching it.

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Offline Leeseetsa

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Re: Economy or bust
« Reply #1 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.)
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Never give up, everything you do has a reason; Never feel alone, there's always something there with you; Never feel defeated and dim, there's always a spark inside you

Offline Storm Fox

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Re: Economy or bust
« Reply #2 on: July 09, 2012, 07:14:47 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.)
That's called fluctuationů
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]
« Last Edit: July 09, 2012, 07:27:23 pm by Storm Fox »
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Offline Leeseetsa

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Re: Economy or bust
« Reply #3 on: July 09, 2012, 07:21:07 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.)
That's called fluctuationů
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]


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....
Hey, I have a DA:
http://leeseetsa.deviantart.com/

Never give up, everything you do has a reason; Never feel alone, there's always something there with you; Never feel defeated and dim, there's always a spark inside you