Weak US dollar in Poland and other countries...

I don't understand your logic...please explain.

My logic- I'm no tree hugger, but I know that it's dangerous fro the surrounding environment and workers there. If there's a problem, it's so far out there that it would take days to get to, dig them out and freeze :) Plus the fact that animal habitats would be destroyed. We're in the age of technology and we need an environmentally friendly alternate. How can you not understand?

Well, the workers do get bored up on the field in Prudhoe Bay: they work like 8-9 days
on, them a few days off, 12 hour days...also, there is no alchohol allowed for the oil
workers off the job...as far as the environment, there has never been a serious oil leak
on the current pipeline, or any environmental/animal damage related to it...there was the Exxon-Valdez oil spill, but that was on a tanker ship a thousand miles from the oil fields in the Gulf of Alaska...the point is: the oil is there to make the US independent of

any foreign oil...I am for alternative technology, but the corporations are fighting any
new energy technologies because they do not want to invest in the infra-structure needed to make these available en masse...the fields that I mentioned are actually very

accessible and could be profitably tapped, but the big boys don't want this...a good
read on this: 'The Energy Non-Crisis' by Linsdey Williams.

Today 2.87

Today 2.84 ;)

Here is an interesting article on the dollar vs the rest of the world.


iht.com/articles/2007/09/13/news/econ.php

What I got and have seen from all your posts (when on topic) is a gradual down trend.

I am looking at Poland as a place to spend about 6 months as a home bases of sorts. So looking at costs compared to the rest of Europe. How is cost of living in Poland compared to the rest of Europe? I see Poland as being a good deal if you are willing to live conservatively.

X-files was/is your favourite tv programe of all time


Are you fkn mad? The world is a hard enough place to police with the americans! God knows the mess this planet would be in without them.

Ps- you 2 clowns should get a room!!! fkn halfwits

i was walking past the Poczta yesterday.

they had an electronic exchange rate board out front.

USD 0.00 2.71
EUR 3.46 3.80

I wish i had my camera with me.

Thread attached on merging:
Dollar...

Dollar is falling down like a stone. What do you think will happen ?

I think the federal reserve will lower percentage rates, which is a good thing for me since I am in the process of buying a home.:)

EUR/USD 1,47 !

USD/PLN 2,47


no body will buy your bones and $ will be weaker ...

O yeah... But It's not only PLN/USD. Dollar is weaker and weaker against any other currency.

Well, it will be interesting. I think people from other coutries than the US don't get the whole message yet. They seem happy their currencies (like Polish Zloty) are strong. But they forget that their export will die because people now buy whatever they can in the US. Not even in China sometimes. Canadians go shopping to US; I've heard people from the UK do the same. The US won't import anything from Europe because it's just too expensive and Americans won't buy it. Euro car dealers in the US are in much trouble, Japanese too..

I guess it will go as low as at 2 zl per dollar and from then on it will only increase for the next months or years... The turn of the falling trend will be after the US presidential elections in a year.

If Chinese and Arabs change their reservs from dollar to EUR or something else It will destroy America...

honestly we dont trade with USA ...

all we buy in $ is oil :P :)

Do you mean Poland doesn't trade with USA? What about the F-16, GM or Ford-owned cars, not to mention Polish businesses in Iraq.

Either way, I notice Polish beer is very expensive in the US (like $16 per 6-pack) -- people won't buy it..

that is why today dollar fals ... Chinease wants to diversy their reserves and buy Euro instead of Dollar

Not really. Most of Poles don't give a damn. Those working abroad obviously don't like It.


You are way too optimistic. Dollar used to be too strong and that was bad for export but now It is too weak and still falling. US has still very large trade deficit and you can't change that in short time, in some cases (like oil) you can't change that at all.

The world economy is heading for a recession. Nothing new - it's just part of the cycle. How deep the recession will be will depend upon many factors as usual. As hello says above world trade will fall away. The sub prime lending fall out is just beginning in my opinion. There are huge losses yet to be announced in my opinion. The capital markets are based on confidence or lack of it so forecasting is difficult at the best of times.

yes we trade, but you arent our first business partner.

That's about 2-3% of our trade. Czech Republic is our much more important trade partner than USA.


That's one of the reasons but they just begin to do that.

yes and speculators (me ;) ) take opportunity to earn some money ...

My bones are not for sale :D

bonds ;) and you have to sell your bonds (bones ;) later you will sell them ;) ) becuase you need money to run Iraq

None of you so far has mentioned that the main reason the US dollar is falling is the mortgage crisis in USA. This with addition to Iraq and Afghanistan is not a good combination. Let's wait till the elections next year. A lot will change. In the meantime to those who want to get rid of US curency an advice: you sell when it is high and buy when it is low, so...buy a lot of US dollars

I knew that's what you meant....just giving you a hard time;)

I did - and it is not restricted to the US. Many of the lenders with no brains are global players.

The bottom line is the most Americans don't care either. They could buy a hamburger for $1 10 years ago and they can buy it today for $1. They can buy a BMW for $30K while the same BMW costs $50K in Europe. Most of them realize the US dollar is weak when they go abroad only.. If anything, the weak US dollar may first have negative impact abroad. About the oil, the US spent billions of dollars to get to the biggest reservoir of oil in the world (Iraq), so their interests are covered. Another thing is if it was ethical or not.

in some way true, but it is better to wait untill we will have new trend and some reasons to buy dollar ...


at least we started talking about reality

Hello, I'm sorry to say that but you are wrong. Economy isn't run on hamburgers. America needs huge import and It's getting more expensive as dollar is getting weaker. Besides America used to bring the most skilled people from the whole world, It won't be possible anymore.