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Old 04-30-2008, 08:34 PM
 
Location: Raleigh, NC
9,043 posts, read 11,584,550 times
Reputation: 1392

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Quote:
Originally Posted by Yeledaf View Post
This is not a good time to invest in condos in Teheran.
Probably right. The depreciation rate might be commensurate with condos in Vegas and Orlando.
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Old 04-30-2008, 08:37 PM
 
Location: Raleigh, NC
9,043 posts, read 11,584,550 times
Reputation: 1392
Quote:
Originally Posted by Yeledaf View Post
A little list for those ignorant of currency exchange fluctuations.

This is the dollar-to-yen range from fourteen years ago....

1994-02-01 106.30
1994-03-01 105.10
1994-04-01 103.48
1994-05-01 103.75
1994-06-01 102.53
1994-07-01 98.45
1994-08-01 99.94
1994-09-01 98.77
1994-10-01 98.35
1994-11-01 98.04
1994-12-01 100.18
1995-01-01 99.77
1995-02-01 98.24
1995-03-01 90.52
1995-04-01 83.69
1995-05-01 85.11
1995-06-01 84.64
1995-07-01 87.40
1995-08-01 94.74

Eighty-three sixty-nine, baby. I remember. I was there .
I wonder if we met there? Worked in OTC derivatives?

Anywho...the dollar's been crushed against virtually every single industrialized nation. A dead cat bounce from the all-time lows on the yen doesn't mean diddly-hoo.
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Old 04-30-2008, 08:38 PM
 
Location: Raleigh, NC
9,043 posts, read 11,584,550 times
Reputation: 1392
Quote:
Originally Posted by movin'on View Post
Yes, agreed. But this means we'll attack Iran now.
Got a credit card for Uncle Sam to borrow? The Bank of China, Saudi Arabia, Germany, and Japan ones are all maxed out.
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Old 04-30-2008, 09:00 PM
 
4,247 posts, read 9,356,461 times
Reputation: 1461
OK, I have a stupid question to ask, but why don't more people see the gravity of this situation, especially considering we invaded Iraq under similar circumstances? I don't get it, honestly.
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Old 04-30-2008, 09:37 PM
 
Location: Here
10,863 posts, read 11,915,816 times
Reputation: 5981
Quote:
Originally Posted by movin'on View Post
OK, I have a stupid question to ask, but why don't more people see the gravity of this situation, especially considering we invaded Iraq under similar circumstances? I don't get it, honestly.
Simmer down! We aren't invading Iran.
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Old 05-01-2008, 07:54 AM
 
Location: Albemarle, NC
7,730 posts, read 12,697,065 times
Reputation: 1505
Quote:
Originally Posted by movin'on View Post
Oh brother, here we go. We are sooooooooooo screwed. Right before we invaded Iraq there was talk of the same - dropping the dollar in favor of the bourse. This should be interesting.
Actually, Saddam had dropped the dollar and was trading in Euros. One of the first things done by the Coalition Provisional Authority was to reinstate the dollar as the only currency for Iraqi Oil.
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Old 05-01-2008, 07:55 AM
 
Location: Albemarle, NC
7,730 posts, read 12,697,065 times
Reputation: 1505
Quote:
Originally Posted by HappyTexan View Post
We need one more thing..for someone high in the government to say that Iran has "Weapons of Mass Destruction". THEN we'll invade.
'Iran may get nuke technology this year' | Jerusalem Post

At least it's not an unbelievable 45 minutes this time around.
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Old 05-01-2008, 09:22 AM
 
3,322 posts, read 4,536,618 times
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Anyone know what brigade would be the first to be employed? Wouldn't tracking them be a clue if an invasion is indeed being planned?
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Old 05-01-2008, 09:45 AM
 
Location: Near Manito
19,500 posts, read 20,859,246 times
Reputation: 13794
Quote:
Originally Posted by ViewFromThePeak View Post
I wonder if we met there? Worked in OTC derivatives?

Anywho...the dollar's been crushed against virtually every single industrialized nation. A dead cat bounce from the all-time lows on the yen doesn't mean diddly-hoo.
Oh, okay. Send me all your dollars. I'll mail you back equivalent dong.

Deal?
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Old 05-01-2008, 11:08 AM
 
Location: Raleigh, NC
9,043 posts, read 11,584,550 times
Reputation: 1392
Quote:
Originally Posted by Yeledaf View Post
Oh, okay. Send me all your dollars. I'll mail you back equivalent dong.

Deal?
I'd take you up on the offer, but I only hold onto dollars about as long as fresh fish on a hot sunny day.

Wasn't the dong increasing massively against the dollar until just a couple of weeks ago?

Nevertheless, that'll teach the Vietnamese for opening up the can of whoop-ass on us during the 60's/70's.
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