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Weak US dollar in Poland and other countries...


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hello
  Nov 8, 07, 11:27  #121

I realize I won't be able to travel abroad (to Poland especially) as long as the US dollar continues to fall. I don't care about the American status as I feel Polish, not American. I don't think it was a master plan with the dollar, I think it just happened and then the US government didn't even expect that. But after a while their realized it's actually not a bad situation for the US economy to have the US dollar weak so they just don't do much about it.

Frustration - when I go to Poland and have brand clothes, laptop, and other "expensive goods" it feels like people in Poland consider me to be rich when in fact it's something normal here. Then I talk to Polish doctors, engineer's, or other people with university degrees and they complain they have 20 years to pay off their apartment or need to take a loan to buy a small car. That's where I feel the frustration.

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szkotja2007
  Nov 8, 07, 11:31  #122

Quoting: hello
I realize I won't be able to travel abroad

But for those that want to holiday in USA its looking more and more attractive.

Florida here I come !


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hello
  Nov 8, 07, 11:33  #123

Yes, FL is nice, but not if you go there every year ;). But some other areas to discover, even Alaska in summer or Hawaii in winter.

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szkotja2007
  Nov 8, 07, 11:38  #124

I like the big open spaces in the West, big horizons.
Then of course theres N.Y. for shopping and Vegas for fun !


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Grzegorz_
  Nov 8, 07, 11:41  #125

Quoting: hello
I realize I won't be able to travel abroad (to Poland especially) as long as the US dollar continues to fall.


It's not only about traveling. Check how much America imports, how many products you buy are not American. And don't think that they all will be made in USA now, because costs in China and many other countries are still several times lower.


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randompal
  Nov 8, 07, 11:47  #126

Quoting: Grzegorz_
frustration of Poles in Poland

i am frustrated because I cant find a decent place to go skiing in Slovakia this winter, but thats about it


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randompal
  Nov 8, 07, 11:50  #127

Quoting: hello
Frustration - when I go to Poland and have brand clothes, laptop, and other "expensive goods" it feels like people in Poland consider me to be rich when in fact it's something normal here.

you must come from some poor village in the hills. most of my friends here in Poland have computers, laptops, fancy cellphones, some of us even have nice cars. what parallel universe are you living in? have you really been to Poland lately?


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hello
  Nov 8, 07, 11:52  #128

Quoting: Grzegorz_
It's not only about traveling. Check how much America imports, how many products you buy are not American. And don't think that they all will be made in USA now, because costs in China and many other countries are still several times lower.

I've never had an American-made care; either Japanes or European. But will Europe be better off when they have lots of products in magazines? Who will be buying from them if Americans stop buying?

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Lukasz
Edited by: Lukasz  Nov 8, 07, 11:54  #129

Quoting: hello
Who will be buying from them if Americans stop buying?


Poland :) Russia, Hungary ...


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hello
  Nov 8, 07, 11:55  #130

Quoting: randompal
most of my friends here in Poland have computers, laptops, fancy cellphones, some of us even have nice cars. what parallel universe are you living in? have you really been to Poland lately?

This is what I was writing about before. Some of them may have computers, cars, cell phones, and laptops, but they still live with their parents or grand parents as they cannot afford a decent house.

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Lukasz
  Nov 8, 07, 11:57  #131

Hello the fact is that USA is richer than Poland ... and we dont discusse it ... the other thing is that we are closer western standarts of life than it was few years ago ...


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randompal
  Nov 8, 07, 12:06  #132

Quoting: hello
but they still live with their parents or grand parents as they cannot afford a decent house.

yes flats are expensive but no one escept the super rich buys them outright, you have to get a mortgage, so many of us have a choice: live with the rents until they die or go to the bank and get a loan. not everyone can get loans but genertally if you have a full time job you can get something, no offense but your tale of woe is unconvincing, life isnt so bad in PolaND. there are pros and cons but there are even things here that are much better than the USA.


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hello
  Nov 8, 07, 12:10  #133

But why millions of young Poles work in the UK and other EU countries (not to mention the US)? If the economic situation is as you describe - maybe they don't like Polish culture, wheather, or way of life...

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randompal
  Nov 8, 07, 12:20  #134

Quoting: hello
But why millions of young Poles work in the UK and other EU countries

because the grass is always greener somewhere else


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hello
  Nov 8, 07, 12:22  #135

First official was France, now Canada, who's next? I expect some other EU countries. I guess too much people buy from the US now and it hurts. Those who say the debt is "lower" now should realize debt is to be paid off in increments and besides - debtors are never in a hurry to pay debt so this argument doesn't hold much water.

TORONTO, Nov 8 (Reuters) - The speedy rise in the Canadian dollar is creating a difficult environment for Canada, Prime Minister Stephen Harper said on Thursday.

Reuters

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Grzegorz_
  Nov 8, 07, 12:24  #136

Hello, the topic is not about poverty in Poland.


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Crow
Edited by: Crow  Nov 9, 07, 13:01  #137

yes, yes... let`s go back to topic


I think this article can help to get a pic...


Closing the 'Collapse Gap': the USSR was better prepared for collapse than the US

energybulletin.net/23259.html

by Dmitry Orlov



Good evening, ladies and gentlemen. I am not an expert or a scholar or an activist. I am more of an eye-witness. I watched the Soviet Union collapse, and I have tried to put my observations into a concise message. I will leave it up to you to decide just how urgent a message it is.




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hello
  Nov 9, 07, 13:02  #138

Quoting: Crow
yes, yes... let`s go back to topic

The topic is about US dollar, not Soviet Union versus USA.

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Crow
Edited by: Crow  Nov 9, 07, 13:08  #139

Quoting: hello


Quoting: Crow
yes, yes... let`s go back to topic

The topic is about US dollar, not Soviet Union versus USA.

look batter on the article

There is very good analizes of inevitable US economic (dollar!) collapse (I must say, its not funny to me, no matter all).


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Lukasz
Edited by: Lukasz  Nov 9, 07, 13:32  #140

I think USA is not going to collapse in nearest future ... just crisis


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hello
  Nov 9, 07, 13:54  #141

There is a nice saying, something like: During a recession the fat (USA in this case) will get hungry, but the slim (economically poor countries) will die.

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Lukasz
Edited by: Lukasz  Nov 9, 07, 13:58  #142

Quoting: hello
There is a nice saying, something like: During a recession the fat (USA in this case) will get hungry, but the slim (economically poor countries) will die.


hello our american friend honestly now You (ther rich) not we (the poor ;) ) are in trouble ...

I just dont understand why you deffend so much USA Dollar, the fact is that it is problem for everybody, you decided to invide Iraq and you dont have enought cash so you sell bonds but in the same moment you gave problem with mortgages and you lowe rates ... Whole world look at you and think if you can deal with it ...


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hello
  Nov 9, 07, 14:00  #143

I know USA is "in trouble", but did you read the other part of the saying? A recession of USA will affect the whole world and now there's nothing to be happy about - whether you are an American, a Pole, or any nother nationality.

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Lukasz
Edited by: Lukasz  Nov 9, 07, 14:18  #144

yes it is problem for everybody the same as it was when Asia had crisis. What is important after this crisis USA partly will lost position and Europe and Asia will gain more influence ... what doesnt change fact crisis in USA is dangerous for whole world ...


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Crow
Edited by: Crow  Nov 9, 07, 14:33  #145

no, USA won’t collapse in nearest future. I’m sure. Current economic recession and few future recessions would be bypassed with few new wars in global village. But then in one moment, as Dmitry Orlov suggests `some problems doesn`t have solutions`.

Quoting: hello
During a recession the fat (USA in this case) will get hungry, but the slim (economically poor countries) will die.

yes, something like that

nicely said


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joepilsudski
Edited by: joepilsudski  Nov 10, 07, 15:56  #146

In politics, nothing happens by accident. If it happens, you can bet it was planned that way.
Franklin D. Roosevelt

This is a famous quote from the well-known American president...the same is true for economics...the dollar's collapse had been engineered by certain banking interests, and people like the traitor George W.Bush and the cabal around him, who have done this by stealing at least $3 trillion dollars from the Department of Defense treasury, and by looting the American taxpayer to the tune of a cool trillion for the Iraq war.

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shapoopie [Guest]
  Nov 13, 07, 18:41  #147

i really need to sell 220 zloty into Canadian $ somehow but i found out its illegal when i went there

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telefonitika
  Nov 14, 07, 06:44  #148

todays rate is $2 to the £1 in travel agencies in my town here in UK ..


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Lukasz
Edited by: Lukasz  Nov 19, 07, 11:18  #149

;)

he tanking US dollar is no longer cool in the world of rap. Fast forward to 1:20 in Jay-Z’s ‘Blue Magic’ video and you’ll see that Jay-Z is flashing 500 euro notes. Some see the switch as a sign of recession.


trendhunter.com/trends/death-of-the-dollar-jay-z-flashing-euros-a-sign -of-recession




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Lukasz
Edited by: Lukasz  Nov 19, 07, 11:50  #150

what I want to add ... It seams tha whole western world have problem (esp Americans) our stock exchange has decreased as well who opened short positions ;) is happy but most of small investors are nervous ...

I have heard that it is in FED business when stock exchanges all over the world will decrease ... american investors will take their money form forign countries and in the resul will buy $ (and save its position) ... ehhh and that is all becuase of Iraq 3 trilions Dollars ...


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