Topic: English Pound VS Europe Euro Vs US dollar (Read 2333 times)

That may be as dangerous as hell

If you just come to think of some currency as being worthy of possession, but don't have any viable explanation for your inclinations (in other words, you just like it for whatever reason), this may lead to catastrophic consequences if you really decide to go with it and actually pour your money into it. You should be very cautious in respect to your "gut feelings" since they may be very deceptive. The reason for that is very simple though. You think of yourself as being unique while, in fact, you are not ("on a scale of 1 to 10, you probably think you're a seven, and you won't be alone..."), just like your gut feelings ain't. And the market knows everything about what you might feel, probably more than you can even imagine yourself, with devastating results for your investments

I am not an Englishman but I will go with pounds. They know how to make their money stronger and they have been doing it for a long time. There is more to it than that. Perhaps some hidden agenda's are also existing to make it last longer.

British Sterling will be worse than Euro or USD.

Euro is also having big problems right now as well as the US dollars. The possible to rise to number one will be English Pound if we only look at the selection. But its hard to determine since US dollars is again more lively than ever after Trump won the election. So, in this case its too early to sat that   US dollars may crash as well as the Euro.

Euro is not a good option now, I think dollar will still had the power to become the first choice, dollar already so famous and had become international currency for decades, I don't think there will be any currency can take down dollar , even though the other currency has a better rate but other country prefer to used dollar as the payment

The Euro is a meme now, it's not like it was going to retain a ton of power for the long-term anyways, especially when you consider the economic situations of a lot of the countries in Europe and the actual value a lot of the continent generates.

It's definitely interesting to look at the rates now, though. Everything is losing against the dollar and the dollar keeps racing ahead.

As I see on the exchanger dollar will kick ass to euro soon, they are almost similar now buy the price. But I remember that couple years abo the difference was about two times (euro was higher).  But bitcoin is on the top from all of this currencies now.

See this picture? Do you know what i see when i look at this picture? I see this:



One colony has left the herd.

There are 4 major colonies left. And 2 of them are very sick as fuck. You can call them, sickfucks. The others left are the scavengers. Gettig fed by the majors' shit. They aren't worth mentioning. They will die either way.

Now 1 of those sickfucks are sick as fuck. And it is going to die. And while it is dying, it will kill the others. Look how Greece the little fuck created such a big mess? What do you think it is going to happen If Spain or Italy does the same?

http://www.zerohedge.com/news/2016-09-10/why-eurozone-will-self-destruct

"Why the Eurozone Will Destruct

Germany will pay one way or another for the massive imbalances between the creditor and debtor Eurozone countries.

Eventually Spain, Greece, or Italy will realize it is impossible for them to pay back what is owed.

Once that realization sets in, some country will default on their euro-denominated liabilities. Beppe Grillo’s Five Star Movement in Italy is on board with that idea already.

There are only three possible paths at this point.

Three Alternative Paths

Germany and the creditor nations forgive enough debt for Europe to grow
Permanently high unemployment and slow growth in Spain, Greece, Italy, with stagnation elsewhere in Europe
Breakup of the eurozone
Germany will not allow #1. It is unreasonable to expect #2 to last forever. The only door left open is door #3.

The best move would be for Germany to leave the eurozone. Germany is in the best shape to suffer the consequences.

Unfortunately, the most likely outcome is still a destructive breakup of the eurozone, starting in Italy or Greece."

***Some major shit is on its way.

Italy is in a very deep shit too. Haven't you heard the news about Italian banks? They are about to collapse. Merkel feeds them as she did to Greece.

**As deisik mentoned, France and Germany are the backbones. They are the brain. Germany is the left brain and France is the right brain. (or you can say germany is the left ball and france is the right)**

When she stops feeding her babies, there won't be anymore Europe.

Why do you think Norway is not in the EU? Norway do not need EU that's why. England didn't need EU too (otherwise they would use EURO instead of Pound) but they are just tricked by Germany/France. They didn't want to be the bad guy, the black sheep. They weren't a real member anyway, they just prentended like they are a member of EU... till this summer...

As I gather it, France along with Germany make up the backbone of the EU. So, in a sense, they can't leave it like the UK did (which has never been an integral part of the EU in the first place). France "leaving the EU" means dismantling it altogether, just like the three major republics of the former USSR colluded in 1991 and the Soviet Union ceased to exist...

Whether something like this will actually happen, or could happen, remains to be seen, though

What about countries like italy and france, lets assume either leave that could be enough for EU to collapse?  Both these 2 countries are in top 10 economies in world.   France in at #6 just behind UK and UK got to leave... well we assume we are leaving, just really slowly.

The others remained in the EU are just foot soldiers. They cannot leave EU by their own will. Look at Greece, Spain, Portugal... Do you think they can leave EU without a permission from Merkel? They can't. Germany owns their ass. Aunt Merkel will manifacture more BMW's to feed them. When she can't sell anymore BMW's... Now that is going to be a big trouble, and sooner or later it will happen.

How long you think euro will even last though, you rank it #2? what happens when everyone leaves the EU? The UK leaving was probably just the start.

1. US dollar
2. Europe Euro
3. English Pound

These are my rankings, US dollar is strongest currency in recent 15 years. Euro is undoubtedly no.2, nowadays RMB/CNY is 3rd.

It's just in their rate and however, if the dollar is not getting a stable will affecting the other fiat currency and that is showing high or low the rates is not determine if the fiat currency is having a high rate can be a king.
and some factor is can affect the exchange rate of currency.
1 the differences of inflation level between 2 countries,
2 the differences of interest level between 2 country
3 the balance of trade
4 public debt
5 the ratios between import prices and export prices
6 the stabilization of economics and politics in the country.

Yeah so im kinda hoping the pound goes to equal value with the dollar or less, what you guys think the chances are of that happening?  So far the GBP has not recovered at all since brexit and our interest rates over here just got cut again.  Its great news for me because im hedged in bitcoin

This figure is mind-boggling of course (sorry, I resized it to normal), but let's look at it from another angle. The size of the US economy is estimated at around $18.6 trillion, so the debt to economy size ratio is somewhere around 22.4 / 18.6 = 1.2. This debt primarily consists of government (Treasury) issued bonds, so-called treasury securities (often referred to simply as treasuries). I don't know its exact structure, and everyone is welcomed to chime in on this matter. On maturity the US government pays a coupon payment on these bonds. If we consider this debt not as debt (someone owes someone else) but as a stock of a company and, consequently, the coupon payment as dividends, we would see that the US as a public company is in fact valued quite accurately, close to a par value of sorts (maybe, somewhat overpriced)...

Anyone is entitled to disagree with my considerations, but just disagreeing for the sake of disagreement won't do

Debt has literally become a form of modern-day slavery, and to be honest how they set up the system is ingenious and something that most people should be mad with put also fascinated by. They literally tightened all their grips after the second world war, and there was a period of "prosperity", however now there are too many issues with the economy for that to be considered as a fact.

One day Bitcoin or some (hopefully) decentralized currency might become the norm, but a single currency that was centralized would be just as bad, if not worse.

until now poundterling price still in higher
euro and US dollar still under poundsterling about price

All currencies are strong, and there is huge market for all three currencies. I don`t like any currency, its same thing with different names. While they struggle for domination, bitcoin will sneak on the small door. Its how I see the future, in new digital era there will be no place for fiat money. Everyone will need to have credit card, and paying will be only possible like that. Bitcoin will give us at least some anonymity, cause with banks and credit cards we are very easy target to follow.
Its control of the world, they use money to control masses, thats why I would like bitcoin to become number one currency in the world.