Posted on: 07-01-08 11:11:29
Quote:
Originally posted by Desi in Alberta
You will not believe even if it becomes a reality.
-- What made you think so? In fact, I will belive it ONLY if it becomes a reality!
Quote:
Originally posted by Desi in Alberta
Thanks! I will keep dreaming. You will not believe even if it becomes a reality.
Let's first get the Indian Govt. to build an infrastructure, handle poverty at par with the US and then - at least dream about it.
Hi cdn_dude,
Please check your PM.
(nothing to do with this post, guys)
Thanks.
My Dear Cdn_dude,
They just created 700 billion dollars from nothing.
With this, INR1.00=US$50 could very well become a reality in my lifetime.
No dreams, see the writing on the wall!
Sincerely,
D.I.A.
Quote:
Originally posted by Desi in Alberta
My Dear Cdn_dude,
They just created 700 billion dollars from nothing.
With this, INR1.00=US$50 could very well become a reality in my lifetime.
No dreams, see the writing on the wall!
Sincerely,
D.I.A.
You should see the opposite in a few days ........ Dallar was 39 in Jan ..... it is 47 now !!!!!!!!!!!! ....... http://publication.samachar.com/pub_article.php?id=2757688&navname=General%20&moreurl=http://publication.samachar.com/newindianexpress/general/newindianexpress.php&homeurl=http://www.samachar.com&nextids=2754079|2757688|2764807|2764808|2757690&nextIndex=2
Quote:Quite likely.
Originally posted by puttoo
You should see the opposite in a few days ........ Dallar was 39 in Jan ..... it is 47 now !!!!!!!!!!!! .......
Inflation in India is running rampant - already much higher than what we can expect in the US even after the $700B cash created from thin air.
Also, it's possible that the economies of developing countries will be hit harder than the US economy as a result of this crisis.
There are several competing and countervailing forces at work at this time - some keeping the USD high and some pushing it low.
Your guess is as good as mine on how the next few months or couple of years will shape up for the USD.
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"Mah deah, there is much more money to be made in the destruction of civilization than in building it up."
-- Rhett Butler in "Gone with the Wind"
