Why wouldn't you favor the Euro when it's worth more than the dollar? If this is a call for more Facepunch Ultranationalism, then there's plenty of bigger shit to be thrown than this.
Euro is more stable as a currency due to many countries having it. One falling financially has impact on the currency (Greece for example), but the currency won't fall as whole, like Zimbabwe.
Stable = good
[QUOTE=Fippe;24138039]Euro is more stable as a currency due to many countries having it. One falling financially has impact on the currency (Greece for example), but the currency won't fall as whole, like Zimbabwe.
Stable = good[/QUOTE]
That can backfire - Greece could drag the economies of otherwise stable countries under
europe :smug:
They did the right choice, why invest in a country and currency that is soon to collapse
I read that in ancient China, one of their tactics in taking over provinces was to make them dependant on your stuff, then cut the supply and watch them go down to their knees begging for it. Could be bullshit, but seems reasonable.
[QUOTE=Swebonny;24140283]I read that in ancient China, one of their tactics in taking over provinces was to make them dependant on your stuff, then cut the supply and watch them go down to their knees begging for it. Could be bullshit, but seems reasonable.[/QUOTE]
Even if that isn't from ancient China, that's pretty damn sneaky, but useful.
Euro > Dollar
:smug:
Long live European Union and Peoples republic of China!
It's nice to see how China's economy has risen a lot during the las decade.
[QUOTE=JDK721;24140507]Euro > Dollar
:smug:[/QUOTE]
Why the smug face?
[QUOTE=ripsipiirakk;24140518]Long live European Union and Peoples republic of China!
It's nice to see how China's economy has risen a lot during the las decade.[/QUOTE]
I'm sure Mao would be so happy that the rich get richer while the poor still starve to death.
If it was any other country surpassing America I'd be fine with it, but China is honestly not the best place in the world. People starve and live in poverty, complete censorship, abysmal pollution, grueling work hours with no real advancement...
[QUOTE=Swebonny;24140283]I read that in ancient China, one of their tactics in taking over provinces was to make them dependant on your stuff, then cut the supply and watch them go down to their knees begging for it. Could be bullshit, but seems reasonable.[/QUOTE]
Well it sure is like that today, but China is subjected to that too. Nowadays we're all dependent on eachother.
us needs to regain its position as an industrial superpower and stop being a consumer nation
[QUOTE=Archy;24140828]us needs to regain its position as an industrial superpower and stop being a consumer nation[/QUOTE]
We can possibly become a bigger tech producer like Japan is but honestly being an industrial giant like China is would destroy our middle class and be honestly ass backwards.
[QUOTE=Emperor Scorpious II;24140536]Why the smug face?[/QUOTE]
He's trying to piss people off, he's a troll
[QUOTE=Archy;24140828]us needs to regain its position as an industrial superpower and stop being a consumer nation[/QUOTE]
From what I understand upon listening to CNN about why China surpassed Japan as the second biggest economy in the world is that they have a policy of pretty much, "If you want to do business with us, you do it in our territory". So if you want to make a business transaction, it's in China. Want to set up a factory there? Everything, from the the bottom of the factory to the top level administrators do it in China. There's no "make a part in china, build the rest in America". You do it all in China.
[QUOTE=Swebonny;24140283]I read that in ancient China, one of their tactics in taking over provinces was to make them dependant on your stuff, then cut the supply and watch them go down to their knees begging for it. Could be bullshit, but seems reasonable.[/QUOTE]
Makes sense to cut the supply lines to your enemy and lay seige to them and make them beg for what they need as they starve.
It's because they can sink the US economy and ruin the value o the dollar in a minute,and may have to do so in the future.
[QUOTE=Splurgy_A;24137916]Europe's already dependent on China; if they suddenly stopped making all our cheap tat we'd be in the shit[/QUOTE]
[U]financially. [/U]
As in, now they're going to try to coerce the Eurozone countries into borrowing money from China.
In case of SK/NK war Euro is more safe.
OH SHIT WE'RE GONNA BE POOR!!!
i
[QUOTE=DrBreen;24135546]it's time for america to know its place in the world
i.e., it doesn't own it[/QUOTE]
To be honest we don't. But being a super power, Americas kind of HAS to hold somewhat of a clench on the unstable places in the world like the middle east, NK, ect.
they have no choice, if people are suffering, a super power is going to go in and help.
[QUOTE=johan svensk;24140138]They did the right choice, why invest in a country and currency that is soon to collapse[/QUOTE]
Troll.
Has nothing to do with the country its the value of the currency.
[QUOTE=FPChris;24133357]:france::denmark::spain:
We win.[/QUOTE]
[IMG]http://blog.thesage.com/wp-content/uploads/dsc_0014.jpg[/IMG]
[QUOTE=FPChris;24133357]:france::denmark::spain:
We win.[/QUOTE]
Win what...?
This is not "news" at all. I've known this ten years ago
[QUOTE=Killerjc;24136562]ugh
people going TAKE THAT YOU AMERICAN FIENDS, YOUR TYRANNY WILL COME TO AN END! DIE YOU RIGHT WINGED CHRISTAINS AIOHNWOBIOFAN
seriously fuck off i'm tired of reading this shit[/QUOTE]
That's mainly because there are a lot of people from other countries here and since USA has been leading in pretty much everything, the patriotic people in lower developed countries get a kick out of bashing it and gloating when we are surpassed by someone even if it's not even by their own country.
Great British Pound > Every other currency, which is good because we practically import everything.
[QUOTE=HolyCrusade;24140926]He's trying to piss people off, he's a troll[/QUOTE]
Someone got their feelings hurt in an argument.
[QUOTE=JDK721;24143612]Someone got their feelings hurt in an argument.[/QUOTE]
No you really do act like a dick for no real reason, you'll notice the people that don't act like douchebags every time they're in an argument don't get called out like this
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