Do you think the U.S. Dollar is going to collapse?

[Analog]

Oil up.

Gold up.

Euro up.

Dollar continues down.

??

 

[Modeps]

What do you mean "going to" ?

 

[Queasy]

Link

 

[TheoPetro]

dollar wont collapse

we may have some inflation but I seriously doubt the dollar will fall as a currency in the US. Maybe if we had hyperinflation for a few years then its possible but we havnt even seen anything out of the ordinary

 

[Analog]

Originally posted by: Modeps
What do you mean "going to" ?

I.E. it seems to be in a free fall right now, but I mean soon to REALLY drop.

 

[Xavier434]

I doubt it.

 

[FDF12389]

maybe

 

[Kadarin]

"A Euro for your thoughts..." - Stephen Colbert

 

[TheoPetro]

there would have to be some seriously bad economic conditions that would warrant a new currency for the dollar to fall, even if you replaced the currency you still have the underlying factors that caused the collapse to deal with too

 

[SpunkyJones]

Just leave all your worthless dollars on my desk on your way out the door. Thank you.

 

[Cdubneeddeal]

Originally posted by: Xavier434
I doubt it.

Originally posted by: FDF12389
maybe

Most likely

 

[paulxcook]

Originally posted by: Cdubneeddeal

Originally posted by: Xavier434
I doubt it.

Originally posted by: FDF12389
maybe

Most likely

Absolutely.

 

[IGBT]

Originally posted by: Analog
Oil up.

Gold up.

Euro up.

Dollar continues down.

??

..that's about it. factor in the carbon-con then your home utility bills will quadruple leaving you with even less deprecated dollars.

 

[Vette73]

Originally posted by: Modeps
What do you mean "going to" ?

 

[HomeBrewerDude]

Your future is cloudy.

 

[manowar821]

I don't know, but I'd rather not use the KING nanny-state's currency, either.

 

[KB]

Once the dollar becomes so low manufacturing will pick up and tourism will also pick up, raising the dollars value. Its a cyclical event.

 

[sdifox]

not going to happen, japan and china won't let it.

 

[Eeezee]

Not going to happen. Ever heard of buying low? Now that US currency is so cheap, it's bound to go back up. Foreign investors know this and will convert foreign currencies into dollars when the dollar looks ripe to rise again (around November I'd bet)

We haven't hit the bottom yet. 2008 is going to be a really tough year for a lot of people, but it's by no means the end. We've seen much worse economic crises in the past for much longer lengths of time. We haven't entered a depression (and probably won't get to that state).

 

[sao123]

this isnt a collapse... much like the housing industry...

the dollar is undergoing a correction after years of unsustainable overvalue.

 

[Ns1]

You know what's gonna happen then? The brits are gonna outsource their call centers to teh US

 

[Engraver]

Just do what I do, save every penny you can find. When the dollar collapses, scrap them all for profit (or to break even).

 

[Squisher]

Originally posted by: paulxcook

Originally posted by: Cdubneeddeal

Originally posted by: Xavier434
I doubt it.

Originally posted by: FDF12389
maybe

Most likely

Absolutely.

Positively.

 

[AmpedSilence]

no, even if they have to bribe the other countries, they will find a way to prop it up.

 

[TheoPetro]

Originally posted by: Eeezee
Not going to happen. Ever heard of buying low? Now that US currency is so cheap, it's bound to go back up. Foreign investors know this and will convert foreign currencies into dollars when the dollar looks ripe to rise again (around November I'd bet)

We haven't hit the bottom yet. 2008 is going to be a really tough year for a lot of people, but it's by no means the end. We've seen much worse economic crises in the past for much longer lengths of time. We haven't entered a depression (and probably won't get to that state).

theres the key right there, and thats why im investing heavily, >30% in "distressed" financials. people are too damn emotional and the media is too damn sensational "O TITS A RECESSION!" just makes me more $ in the long run.