Good news for European buyers.....

[MARCvSVIBIvSMAvRINvS]

300.00 USD = 207.859 EUR

WOW !!!

Though for sellers from the EU its not that good...

M.VIB.M.

[Sean Manning]

Doesn't a Euro usually buy $1.30 to $1.45 US? I'm still getting used to the CAD and USD being around par, rather than a 3:2 ratio like they were in the 1990s. A Canadian acquaintance who works for a US company and is paid in USD is still adjusting

[MARCvSVIBIvSMAvRINvS]

I use Xe currency converter which uses live mid market rates.

M.VIB.M.

[M. Demetrius]

I have not followed the exchange rates. Is the US Dollar up or down compared to the Euro lately?

[Sean Manning]

My point is, isn't that within the usual range for the past two years? One currency exchange site says that the ratio has ranged from 1.35-1.48 USD per Euro in the past six months.

[Jona Lendering]

They have finally solved all financial problems, you can read it here. It's in the press, so it is true.

[Simplex]

:mrgreen: :!:

[M. Demetrius]

I'm thinking the world monetary system is going to get pretty scary before it stabilizes.

[Jona Lendering]

I'm thinking the world monetary system is going to get pretty scary before it stabilizes.

It's worse David. Markets are never stable. Crises are part of parcel of the system, and when the system becomes more complex, the disturbances become bigger. We have, at some point after the Cold War, passed a kind of threshold, where the system starts to destroy itself.

There's been a Nobel Award for the mathematics that proves it, in 2004 or so.

[MARCvSVIBIvSMAvRINvS]

The world is in tatters and it will get worse.

[M. Demetrius]

A house built on sand does not fare well in a flood.

[Titus Marius Secundus]

but the house built on a rock foundation on a little hill fought the winds and the rains that brought floods, and was safe. :lol:

I think some major changes have to be made in order for people to be happy again, any ideas what we can fool them with to make them happy again? money money moooooooney :mrgreen:

Sam

[Titus Marius Secundus]

I remember when I was little I hated the term, " money makes the world go round" ...I insisted hard work did, but turns out money does for some people, and welfare does for others....

Sam

[Sean Manning]

They have finally solved all financial problems, you can read it here. It's in the press, so it is true.

I wish I was sure that what governments are actually doing was any more rational! I get the impression that the experts don't understand as much about currencies as they thought they did in 2007 (or if they do understand, they can't do what they want to do because of political factors).