When will the US Dollar crash? My prediction is 2 months after Hillary takes office. She will "rub the republicans nose in it" by declassifing the amount of money we are printing to fight 2 wars and announce there is no gold left at Fort Knox. Don't worry about me, I'm transfering me and my family's wealth to Thailand. Thailand has gold roofs and they are already growing fuel.
2007-09-07 08:26:42 · 9 answers · asked by Anonymous in Politics & Government ➔ Politics
The dollar crashed a long time ago, right after George Bush took office. When I left Europe in 2001, the dollar was worth 1.50 euros! Now it's worth about 70 pennies! In other words it's gone down in value by 1/2 in the international market and still going lower!!!
This is a disaster of international propertions getting even worse, and the one thing to make it even worse is to lower interest rates even more, which the Fed is about to do to bail out Republican donor Real Estate Holdings companies!!!
Bush doesnt' need any help from Hillary to destroy the economy, it's already been done!
2007-09-07 08:35:38 · answer #1 · answered by Anonymous · 0⤊ 1⤋
As mentioned, it's already pretty far down there. Keep an eye on the Federal Reserve's address later this month (September). Most everyone is expecting a cut on overnight lending rates, which could weaken the dollar further.
2016-04-03 09:11:53 · answer #2 · answered by Anonymous · 0⤊ 0⤋
When? The US dollar has lost almost 45% of it's value in the last 7 years...
So, what exactly would a crash be to you?
2007-09-07 08:30:55 · answer #3 · answered by ? 6 · 1⤊ 0⤋
The dollar is in pretty bad shape right now, its almost at the same level as the Canadian dollar. Canadians border shop now because its cheaper to buy stuff there with no taxes.
2007-09-07 08:31:19 · answer #4 · answered by Edge Caliber 6 · 0⤊ 0⤋
Since our currency isn't based on the gold standard it doesn't matter what is in Ft. Knox. Hopefully it will never crash..............
2007-09-07 08:30:48 · answer #5 · answered by Brian 7 · 0⤊ 0⤋
When democrats take office.
2007-09-07 08:33:36 · answer #6 · answered by Anonymous · 0⤊ 0⤋
When it's turned into the Amero, won't be long.
2007-09-07 08:32:17 · answer #7 · answered by Ktcyan 5 · 2⤊ 0⤋
Soon.
2007-09-07 08:31:08 · answer #8 · answered by sunny 2 · 0⤊ 0⤋
it already has againt the£
2007-09-07 08:38:59 · answer #9 · answered by tasty 7 · 0⤊ 0⤋