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2015-09-05 Economy

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Posted by g(r)omgoru 2015-09-05 07:38|| || Front Page|| [11128 views ] Top

#1 While this is undoubtedly true it is also very incomplete.
Why do all these countries trade using the dollar?

The fact that, until now, the dollar has been the only reliable, safe and stable currency around capable of providing the necessary service. (See Greece, Spain, Italy on the Euro)

The traders are not using dollars for sentimental or compassionate reasons. Until those reasons produce a different conclusion things will continue a pace.

Whatever happened to the Yen?

Of course this seems to be part of Zeros grand plan so.................................................

Posted by AlanC 2015-09-05 09:05|| 2015-09-05 09:05|| Front Page Top

#2 Resurrecting Gosbank? Yet another step toward the old Soviet Union by Putin.

Posted by OldSpook 2015-09-05 10:30|| 2015-09-05 10:30|| Front Page Top

#3 So what the combined total GDP of those countries? About the same as California.

Want to buy all those nice things available in the West? Rubles are not accepted.

Posted by Betty Hitler2611 2015-09-05 12:08|| 2015-09-05 12:08|| Front Page Top

#4 However did me manage prior to 1992?

Posted by charger 2015-09-05 12:45|| 2015-09-05 12:45|| Front Page Top

#5 However did me manage prior to 1992?

You didn't have 47% on "government assistance"? The public sector was half of what it is now?

Posted by g(r)omgoru 2015-09-05 13:53|| 2015-09-05 13:53|| Front Page Top

#6 Grom nails it.

Posted by OldSpook 2015-09-05 14:04|| 2015-09-05 14:04|| Front Page Top

#7 The public sector was half of what it is now

Yeah, but the service I get is twice as bad.

Posted by Matt 2015-09-05 16:02|| 2015-09-05 16:02|| Front Page Top

#8 but?

Posted by Bright Pebbles 2015-09-05 19:40|| 2015-09-05 19:40|| Front Page Top

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