The Value Of The Dollar Is Continually Dropping

[Scales]

With the way the corrupt federal reserve is set up (which if your not educated in how it was set up, it was a bill written by bankers), the government's debt continually increases to pay off it's debt.

This is an interesting article on 7 Countries considering abandoning the United States currency.

http://prisonplanet.com/articles/november2...01107Dollar.htm

Then on another note, all over-the-table jobs are enforced by the Internal Revenue Service which mainly exists as the muscle of an unconstitutional, unlawful income tax.

Then on another note, ethanol fuel is going to rise the price of food in the future.

Then on another note (lol), the Real ID Act has been passed, which is a National ID with a microchip that's basically issued at the state level with the joke known as Homeland Security able to alter the act and the database being federal; it's all in the final version of the passed bill.

O.k. I'll stop.

So while Michigan's economy is piss poor, I find it pretty frustrating how f***ed things are looking.

IMO, Ron Paul looks like the only candidate worth voting for.

[Homicidalheathen]

And you thought models were stupid.......lol......

Washington (eCanadaNow) - Supermodel Gisele Bundchen has refused to accept any payment in U.S. dollars, demanding that she is paid in euros only, stating that the U.S. dollar is simply too weak for her. She has requested from here on out that she only get paid in euros. She stated she is no longer going to accept any payment in U.S. currency. The reasoning behind it is that she is uncertain of the strength of the U.S. dollar in the future. The supermodel is from Brazil and the 27-year-old is already in action and going strong with her new demand for payment type. She requested that Proctor and Gamble, who employ her as the face of the hair product Pantene, pay her in euros only. She has a twin sister who is making the same demand as Patricia Bundchen stated "Contracts starting now are more attractive in euros because we don't know what will happen to the dollar." Apparently a U.S. dollar is not good enough to these people. [1] "Contracts starting now are more attractive in euros because we don't know what will happen to the dollar,'' Patricia Bundchen, the model's twin sister and manager in Brazil, said in a telephone interview with Bloomberg.com back in September. When the 27-year-old Gisele signed a contract in August to represent Pantene hair products, she requested payment in euros, according to Brazil's Veja magazine. Pantene, part of Proctor & Gamble, obliged her request.[2] '''Contracts starting now are more attractive in euros because we don'''t know what will happen to the dollar,''' says Patricia Bundchen, Gisele'''s sister and manager. When Bundchen signed a contract in August to represent Pantene hair products for Cincinnati-based Procter & Gamble Co., she demanded payment in euros, according to Veja, Brazil's biggest weekly magazine. She'll also get euros for the deal she reached last October with Dolce & Gabbana SpA in Milan to promote the Italian designer's new fragrance, The One, Veja reported.[3]

As the U.S. dollar reaches all-time lows, the world's top grossing supermodel, Gisele Bundchen, is now requesting payment in Euros rather than American dollars. Patricia Bundchen, Gisele's sister and manager, has revealed that she is avoiding being paid in dollars due to uncertainty over its strength. According to a Brazilian newspaper, when Gisele signed a deal to represent Pantene hair products, she demanded that she be paid in Euros. Gisele Bundchen is known as one of the industry's most financially savvy models, which explains how she has become a top earner. Bundchen is believed to earn over $30 million per year between her catwalk appearances and numerous fashion and beauty endorsements.[4] The world top supermodel, Gisele Bundchen expressed the desire that her further contract should be paid in euros rather than in U.S. dollar. Patricia Bundchen, Gisele's sister and manager said that she would rather want to be paid in euros, as the U.S. dollar has suffered a significant going down lately. A Brazilian newspaper has revealed that the supermodel already signed a contract to represent Pantene hair products and that she asked the payment in Euros.[5]

Linda Evengelista may not get out of bed for less than $10,000 a day but Gisele Bundchen won't get out of bed for dollars, full stop! The world's richest model has revealed that she refuses to get out of bed unless she is paid in euros now that the U.S. dollar has hit an all time low. "Contracts starting now are more attractive in euros because we don't know what will happen to the dollar," said her sister and manager, Patricia Bundchen. One newspaper reported that the supermodel demanded to be paid in euros, following her contract with Pantene. She is also expected to be given a cheque in euros for her work in promoting Dolce & Gabbana's fragrance 'The One'.[6] Reason No. 853 to dislike supermodels: Not only are they vapid, self-important amazons, but it seems they are greedy, too. Take the world's richest catwalker, Gisele Bundchen, perhaps best known for her Victoria's Secret work. She is worth an estimated $150 million and she's just 27 years old! According to Forbes, she raked in $33 million last year through fees and endorsements. The Brazilian beauty has signed a contract with American company Procter & Gamble to endorse its Pantene line of hair care products. Here's the kicker: She is asking to be paid for her hard work in euros, not dollars. According to Bloomberg, Gisele's sister and manager said that contracts are more attractive when they offer euros because the dollar's future is uncertain.[7] Bloomberg today is comparing the Brazilian supermodel Gisele Bundchen, the "world's richest model" with Warren Buffett, one of the world's richest investors.'' Bloomberg says she "is at the top of a growing list of rich people who have concluded that the (U.S. dollar) can only depreciate because Americans led by President George W. Bush are living beyond their means." Bloomberg quotes the Brazilian weekly magazine Veja as saying that she demanded Procter & Gamble pay her in euros for representing Pantene hair products.'' The magazine also says she'll be paid in euros by an Italian designer promoting a new fragrence.[8] Gisele Bundchen wants to remain the world's richest model and is insisting that she be paid in almost any currency but the U.S. dollar. Like billionaire investors Warren Buffett and Bill Gross, the Brazilian supermodel, who Forbes magazine says earns more than anyone in her industry, is at the top of a growing list of rich people who have concluded that the currency can only depreciate because Americans led by President George W. Bush are living beyond their means. The rest of Bloomberg's long article never explains how President Bush has "led" Americans into "living beyond their means." It never again mentions President Bush or any policy of his administration, nor does it explain what "living beyond means" means, or how it relates to the value of the dollar.[9]

In the best tradition of "The Front Page," the media outlets that picked it up didn't let the facts get in the way of a good story. Only in the ninth paragraph of the Bloomberg story, after various comments putting Bundchen as a dollar bear in the same league as Warren Buffett and Bill Gross, is there a comment from the model's manager that Gisele (as the tabloids call her) is paid in dollars for work in the U.S., in euros for European work, and in reals when she works in Brazil. Or as Tina Turner sang in "Private Dancer," "Deutsche marks or dollars, American Express will do nicely, thank you…" (That was in 1984, before the euro supplanted the mighty German currency.) The Bloomberg story also authoritatively inferred that Bundchen "is at the top of a growing list of rich people who have concluded that the currency can only depreciate because Americans led by President George W. Bush are living beyond their means." No doubt, because the 27-year-old supermodel was too young to be aware that the dollar hit its nadir against the Japanese yen in 1995 during the Clinton Administration. Or that the real dollar crisis took place under Jimmy Carter in 1979-80, when gold hit its record of $850 an ounce, which is twice the current value of the metal in real terms. This is not to say that the dollar isn't weak.[10]

"Contracts starting now are more attractive in Euros because we don't know what will happen to the dollar," Patricia told Bloomberg news. "Like billionaire investors Warren Buffett and Bill Gross, the Brazilian supermodel, who Forbes magazine says earns more than anyone in her industry, is at the top of a growing list of rich people who have concluded that the currency can only depreciate," Bloomberg reported.[5] According to Bloomberg news, Bundchen's manager Patricia said: "Contracts starting now are more attractive in euros because we don't know what will happen to the dollar." Bundchen has already taken steps in assuring her paychecks come in the right currency. It has been reported that she has asked current employer Procter and Gamble, where she is the face for Pantene hair products, to pay her in Euros.[11] Bloomberg reports that the models manager and twin sister Patricia said: "Contracts starting now are more attractive in euros because we don't know what will happen to the dollar." The 27-year-old has already requested Procter & Gamble, who employ her as the face of hair product Pantene, pay her in euros.[12]

With the dollar hitting an all time low against the Euro and British pound, the 27 year old catwalk queen has demanded the currency change. Her sister and manager Patricia revealed she was avoiding being paid in dollars because of uncertainty over its strength. According to a Brazilian newspaper when the model signed a deal to represent Pantene hair products, she demanded that the brand owner, Proctor Gamble pay her in euros.[13]

Supermodel Gisele Bundchen reportedly is refusing to accept payment in U.S. dollars because the currency is "too weak." The Brazilian beauty allegedly has requested to be paid in euros only and will no longer accept American currency because of uncertainty over its strength. The 27-year-old reportedly has already requested Procter & Gamble -- who employ her as the face of hair product Pantene -- pay her in euros.[14] Gisele Bundchen is proving to be a shrewd analyst of the U.S. dollar's weakness. When Bundchen signed a contract in August to represent Pantene hair products for Procter & Gamble Co. (NYSE: PG ), she demanded payment in euros. She'll also get euros for the deal she reached last October with Dolce & Gabbana SpA in Milan to promote the Italian designer's new fragrance.[15]

The Brazilian supermodel, who earns 15m a year, has asked to be pain in euros rather than dollars. Earlier this year when Gisele signed deals to represent Pantene hair products and a new fragrance from Dolce and Gabbana she requested payment to be made in euros. According to Forbes magazine she made $33m in the year ending in June. Her decision reflects worldwide unease about the U.S currency's sinking value. The dollar is at its lowest rate against sterling in 26 years, at $1 to 48p.[16]

A Brazilian magazine said that when Bundchen, 27, signed a contract in August to represent Patene hair products, she demanded payment in euros. She was also paid in euros for deal with Dolce & Gabbana.[17]

Cover girl Giselle Bundchen generates big bucks for advertisers in this country. She just doesn't want to be paid in them. According to Bloomberg news, the supermodel "is insisting that she be paid in almost any currency but the U.S. dollar." Measured against a basket of other currencies, the dollar has slipped in value by about a third since 2001 so hedge funds and central banks have quietly been unloading their dollar holdings for some time. It's rougher and more personal when the world standard for beauty who adorns plugs for Apple computers and Pantene hair products says she doesn't want your money.[18] Ben Bernanke is a married man. If he weren't, there's at least one woman who wouldn't want anything to do with the Federal Reserve Chairman's policy charms: Gisele Bundchen. The Brazilian supermodel is reportedly now insisting that she be paid in a currency other than the U.S. dollar.[19] New York, NY (CNS) - Leggy Brazilian supermodel Gisele Bundchen has recently admitted that she won't work for dollars and prefers to get paid in Euros instead. The 27-year-old beauty insists that the U.S. currency is too weak for her to accept as payment for her work.[11] Brazilian supermodel Gisele B'ndchen is refusing to accept payment in U.S. dollars while the currency remains so weak. The former girlfriend of actor Leonardo DiCaprio has reportedly insisted that she is paid in euros rather than U.S. dollars.[12]

Supermodel Gisele Bundchen has proved she's got a head for figures - the financial kind. The Brazilian beauty has insisted that she is paid in Euros rather than U.S. dollars.[13] Earlier this week there were reports on the internet that supermodel Gisele Bundchen would only accept Euros for her work because the U.S. dollar is "too weak." Gisele's manager (who also happens to be her sister) is now denying those reports, insisting the claims are "ridiculous". Patricia says, "It's a joke by some journalist, it's ridiculous.[20] Gisele Bundchen doesn't discriminate when it comes to cash, her sister-manager, Patricia Bundchen told Hollywoodscoop.com. Reports earlier this week stated that Tom Brady 's boo had turned her nose up at accepting faltering U.S. dollars and would only work for euros.[21]

PROCTER & GAMBLE needs to send her packing. Funny thing is the euro is beginning to take a dive. I hope she gets a raw deal. If you don't like the U.S. dollar don't work in America you ugly sea witch. My girlfriend makes her look like duffy ducks grandmother.She's way more pretty then Gisele Bundchen. That's a fact baby. Fire her. Boycott any ad she is dispayed on.[15]

Actually nothing could be further from the truth. The lovely Ms. Bundchen has this week established herself as one of the world'''s most influential economic commentators. Gisele has reportedly struck a blow for MAFXTWs (model/ actress/ FX trader/ whatevers) everywhere by refusing to accept payment for her work in dollars. According to Bloomberg, her 'people' are now demanding that her employers - who include Procter & Gamble - pay her solely in euros, due to the dwindling value of the dollar. Not content with being the world's richest supermodel ($33m last year, according to Forbes), Gisele was apparently very keen that the dollar's current weakness against the euro and the pound does not leave her out of YSL-clad pocket (or at least, her bankers are).[22] Gisele's agent told Bloomberg: "Gisele has contracts in dollars. When she works in Europe she gets paid in euros. When she works in the U.S. she gets paid in dollars." Why doesn't Procter & Gamble insist that they pay her in dollars? Who knows. Maybe they don't want to risk losing her. I know when I see the new hair care ads, I'll think about greedy Gisele, not how great Pantene makes her hair look.[7] Miss Bundchen, 27 ' the ex-girlfriend of Leonardo DiCaprio, is estimated to have a 75m fortune. According to Anne Nelson, the models New York agent Gisele does still gave contracts in dollars in the U.S. but when working in Europe she gets paid in euros. Investor Warren Buffett, 56, the third richest man in the world with 25.5bn, said he is also buying stocks in firms that do not rely on dollar incomes.[16] Following the advice of leading economists who say the U.S. dollar's value will continue to fall, the canny Brazilian is insisting on being paid for modelling assignments in euros. The statuesque blonde is reportedly the richest model in the world - a distinction she is clearly keen to hang onto. "Contracts are more attractive in euros, because we don't know what will happen to the dollar," says the model's twin Patricia, who acts as her manager.[23] BRASILIA (AFP) — The sister of Gisele Buendchen, the world's top-paid supermodel, on Wednesday denied reports that her famous sibling has insisted on payment in euros rather than the declining U.S. dollar. Patricia Buendchen, who also acts as the supermodel's agent, said press and Internet reports quoting her saying her famous twin sister had spurned the U.S. unit for Europe's much-stronger currency in her contracts were "not correct". "It's a joke by some journalist, it's ridiculous," she said.[24] Gisele's twin sister Patricia tells Bloomberg: "Contracts starting now are more attractive in euros because we don't know what will happen to the dollar."[8] "Contracts starting now are more attractive in euros because we don't know what will happen to the dollar." Quite right too - not only are Euros more colourful than dollars, they're also smaller, meaning that you can fit more of them into your chichi Ripani handbag when you're meeting the girls for a night of pushing a single salad leaf around a plate and then vomiting the one molecule you actually put in your mouth back up into a toilet. Gisele's move has predictably been taken as a personal insult by the sort of ultra-patriotic Americans who cry when people mention metric measurements and go home and curse for an hour whenever they see someone driving a Volkswagen instead of a three-mile-wide Cadillac that needs a billion gallons of fuel to get it to move half an inch. They're now calling for Gisele's American contracts to be cancelled and given to willing American models, like Barbara Walters or that Miss USA who took all that cocaine and shagged those blokes a bunch of times.[25]

Patricia Bundchen has also said: "Contracts starting now are more attractive in Euros because we don't know what will happen to the dollar."[4]

Calling the report "a joke by some journalist," Patricia denied ever speaking about the supermodel's contracts to any press. "(Gisele) is continuing to sign her contracts in dollars or euros, as she has always done," Patricia continued. "She is bemused by these reactions. This information is not true.[21] We never talk about Gisele's contracts, and even less so the money involved," said Patricia Buendchen. She added that Gisele, 27, is "continuing to sign her contracts in dollars or euros, as she has always done. "She is bemused by these reactions. This information is not true.[24]

"Gisele has contracts in dollars,'' agent Anne Nelson told Bloomberg.com. "When she works in Europe she gets paid in euros, when she works in the U.S. she gets paid in dollars, when she works in Brazil she gets paid in reais, and so on and so forth.''[2]

The trend shows no signs of letting up: In the second quarter of 2007, desktops fell 4.8 percent and laptops 3.1 percent. Gisele Bundchen wants to remain the world's richest model and is insisting that she be paid in almost any currency but the U.S. dollar.[26] Gisele Bundchen, the world's highest-paid model, supposedly henceforth would accept payment only in currencies other than dollars, joining ranks with others who shun the U.S. currency from George Soros to Syria.[10]

Because it's a little-known fact that to be a model you also have to have several first-class degrees from the world's finest universities in everything from logical empiricism to advanced economic studies otherwise it doesn't count. Luckily Gisele Bundchen has all of these qualifications and is therefore eminently capable of delivering sweeping statements about the condition of the world's currency markets whenever she feels like it. That's what Gisele has done - she doesn't want to be paid in dollars ever again, partly over fears of its stability and partly because she probably overheard a bloody fashion designer's assistant say that coins are so last season and that seashells will be the must-have denomination once. There is never anything quite as heartbreaking as when models get above their stations. Their role in life is to walk up and down a plank of wood dressed as a parrot or something so that people who'd start wearing baby intestines around their necks if a magazine told them it's what people are doing in Milan can stroke their chins and pretend they know what the fuck is going on. That's what models do, and they can become hugely rich from doing it. It's when models try to do other things that you should worry. When Cindy Crawford decided to become an actress she made Fair Game and was never heard of again, while thinking about stuff other than clothes and haircuts overwhelmed Naomi Campbell's brain to such an alarming degree that she started throwing telephones through people's skulls out of confused anger.[25]

Bloomberg News reports that Brazilian supermodel Gisele Bundchen refuses to be paid in dollars. In addition to landing undefeated (9-0) New England Patriots quarterback Tom Brady -- although that relationship could be on the rocks -- she is one savvy currency trader.[15] Gisele Bundchen's manager, who also happens to be her sister, has rubbished claims that the supermodel demands to be paid in euros rather than dollars.[27] Then there's Gisele. Gisele Bundchen is currently the top-earning supermodel in the world, and yet in between her busy schedule of standing around in some red trousers for a while and then standing around in some green trousers for a while, Gisele has managed to decide that she never wants to be paid in American dollars again because she's concerned about the continued weakening of the dollar in the global marketplace. Or something.[25]

Forbes magazine lists Bundchen as the highest-earning model in the world. Most recently, the American dollar has plummeted to its lowest ever last week against other currencies, including the euro, Canadian dollar, and Chinese yuan. It is also the cheapest in 26 years against the British pound.[11] According to Forbes magazine, Gisele dominates the model pay scales with an income that has already topped 150 million dollars in less than a decade on the catwalk. In the 12 months to July this year, she earned 33 million dollars.[24]

According to U.S. magazine Forbes, Gisele is the highest-earning model in the world.[12]

Bloomberg says the Brazilian-born model, who has an estimated fortune of $163 million, is one in a growing list of the world's wealthy who believes the U.S. dollar can only depreciate. The U.S. dollar has lost 34 per cent of its value since 2001 and is at its lowest point against world currencies in almost three decades.[17] Literally. The Brazillian model, who rakes in a fairy princess like $30 million per year, has informed prospective employers that she will no longer take payment for her services in the form of U.S. dollars.[28]

None of it is in U.S. dollars. The Brazilian supermodel is insisting that all employers pay her in any currency except American. Why? Because the dollar isn'''t worth shit, she thinks.[3] The Brazilian-born supermodel will no longer work for U.S. dollars, opting instead to be paid in euros, according to a report on Bloomberg.com.[2]

When Mark asked in a telephone chat, 'What is the best currency in the world to own right now?", Buffett responded with a laugh, "Not the U.S. dollar." The Financial Times Alphaville blog wonders today if those who "failed to heed the warnings of Mssrs Buffett, (Bill) Gross and the other dollar bears" will find "the Bundchen twins more persuasive."[8] The Brazillian stunner had allegedly refused to accept American currency because the dollar is too "weak". Patricia Bundchen who had supposedly been quoted making the money demands denies such comments and claims her sister is simply "bemused" by the reports. Patricia says: "It's a joke by some journalist, it's ridiculous.[27] Economists predict that the dollar will continue to weaken. Smart move financially, say experts, but bad PR move, especially when she's working for an American company. I'm all for people earning money, but here's what gets me: She is working for an American company selling an American product. She has at least one home in America (in New York). She is working here, yet she doesn't want to be paid in our currency.[7]

No doubt fearing that this dollar-bashing might not go down too well in the U.S., her PR people have since tried to distance her from the reports, telling CNBC that someone in Brazil made the whole thing up. If so, that would be a serious disappointment - because here at MT, we think her involvement in this debate is a very welcome development. Gisele may not have been the first savvy investor to speak out against the dollar - but for reasons that we're far too naive to understand, her point of view has received much wider coverage than that of veteran traders Warren Buffett and Jim Rogers. [22] The silver lining, if there is one, is that the goods produced by U.S. manufacturers will be more affordable in overseas markets, potentially leading to a better bottom line for U.S. exporters. "As the value of the dollar falls," noted financial news Website Motley Fool, "exporters can accept smaller amounts of foreign currency in exchange for their goods, increasing potential sales. Exporters can keep prices constant in foreign currency terms and increase their profits."[28] And, she's not as smart as she appears. If she's so darn worried about the future value of her dollar, she should hedge with foreign currency options, not demand to be paid in certain currencies.[14]

We don't want to be paid in dollars any more either. Or Euros, for that matter. Or any kind of money at all.[25] Even if you believe that the dollar is weak and will continue to weaken (which I agree), currencies are freely exchanged on the open market. You could be paid in dollars and almost immediatly convert them to Euros if you choose.[3] Dancing With The Stars contestant also had minor eye lift surgery. She gets paid in dollars despite it being weak compared to euros.[27]

Gisele has been signed on to a new deal to promote Dolce and Gabanna's "The One" perfume, and was likely paid in Euros.[4] Model Gisele Bundchen must be getting paid a ton of cash for her Victoria'''s Secret gig.[3] LOS ANGELES, Calif. (November 6, 2007) If you're looking to hire Gisele Bundchen, you'd better bring something besides dollars to the table.[2]

Us dollar has known the most decreasing period of all times and the situation is not going to change. It is already known that it lost 34 percent since 2001 which was ' rather unexpected. Gisele is known to be one of the wealthiest supermodels, her earnings rising at more than $30 million per year, all coming from fashion and beauty representations.[5] The reason behind the decision? Apparently, the world's richest supermodel (who Forbes reports took in an estimated $33 million in 2006) is worried about the decline of the dollar on the worldwide market.[2]

With the value of the dollar spiralling ever downward, the supermodel says its euros for her.[28] There is a consolation for American believers in a strong dollar. It's not often we can say we've been dumped by a supermodel.[18] Forget the economics textbooks; a falling dollar does relatively little to restrain imports. Americans' buying of foreign goods depends mainly on their overall spending, not the exchange rate. The U.S. is the biggest market for exporters from the rest of the world, and they fight tooth and nail to maintain their share of the American market. That goes for everything from German luxury autos to inexpensive Australian wines.[10] So far, Americans have made out quite well from the decline in the dollar. Writes Brian Reading of Lombard Street Research, the 9% fall in the greenback this year effectively cuts the U.S. real debt to the rest of the world by $155 billion. That's roughly equal to one-fifth of the likely U.S. current-account deficit for 2007.[10] What does that mean in simple terms? China prints yuan to buy excess dollars. Those dollars are invested in Treasury securities, which keep their yields down. Or in U.S. mortgage-backed securities, providing home loans to Americans and helping to pump up the housing bubble. To get higher yields, foreign holders of dollars also invested them in other things, such as collateralized debt obligations made up of subprime mortgages. As I've written before, they sent us the toxic toys and we sent them toxic paper in return.[10]

They're both famous, they're both very wealthy and they both don't want to get paid in U.S. dollars right now if they can avoid it.'' One major difference:'' she dresses better.[8] I think U.S. companies should boycott her. She's happy enough to have made lots of money here in the States when the dollar was stronger. She should be happy enough to be paid in dollars. no matter what she makes, she is still overpaid for a useless job.[15] If you don't like our dollars, stay the hell out of the U.S., give the money you earned back, oh, I forgot, you liked it then, so I guess you'll keep it.[15]

Most analysts are expecting the U.S. dollar to weaken further on the backs of lower interest rates and the sub-prime housing crisis which continues to devastate the U.S. mortgage industry.[17] Enosninrode - if you're going to criticize someone for not spelling a word correctly, you might want to utilize your spell check. She's right!!! Even the Canadian Dollars is getting stronger aginst the U.S. Dollar since it almost 1 to 1 right now.[15]

Money is money. If her contract were for 100,000 pounds, then she could ask for ~200,000 dollars. [14] There are other causes that the condescending Bloomberg account doesn't address. Bridgewater Associates, the Connecticut-based global macro money manager, sees both the dollar weakness and the credit crisis as direct results of other nations' exchange-rate policies. By pegging their currencies to the dollar, countries such as China intervene in the foreign-exchange market to keep their own currencies from appreciating.[10]

The myriad of hedging instruments, from forward sales to swaps, further cushions the effect of the falling dollar on foreign producers, and thus limits the currency's impact on trade. Americans, meanwhile, reap substantial profits on their foreign investments, whether it's a multinational building a factory abroad or an individual investor buying an international mutual fund. They benefit both by the stronger growth overseas and the currency translation gains.[10] The same goes for the deal she reached in October 2006 with Dolce & Gabbana in Milan to promote its new fragrance, according to Veja. In a follow-up interview with Bloomberg.com, Giselle's New York-based agent at IMG insists her client's request for currency other than the dollar is far from a deal breaker with U.S.-based companies.[2]

[Steven]

Giselle has lovely teets, and I think it is the collapse of our finanical infrastructure that will reduce America to a 3rd world country. We dont need to get nuked, we just need to be left to finish waht we've started.

[Head Wreck]

every empire eventiually goes into decline. the european union is just ne next thing on its way to become a superpower (if we could all agree on shit, but i gather it took the states 150-200 years )

[Scary Guy]

The EU is just the first step to a world government.

http://en.wikipedia.org/wiki/North_american_union is the next step.

I'm seriously thinking about using a world bank and switching to a foreign currency.

Our money is only worth as much as we say it is. It has no other actual value unlike the gold and silver notes that were based on gold and silver (obviously). This is how our money continuously gets devalued and we can do nothing to stop it.

[Head Wreck]

The EU is just the first step to a world government.

http://en.wikipedia.org/wiki/North_american_union is the next step.

I'm seriously thinking about using a world bank and switching to a foreign currency.

Our money is only worth as much as we say it is. It has no other actual value unlike the gold and silver notes that were based on gold and silver (obviously). This is how our money continuously gets devalued and we can do nothing to stop it.

would probably of worked if homeland security hadnt been rattling the sabre at canada for a while now.

honestly, i'm thinking of the same at the moment the pound is strong, but our economy borrows of the US a lot, so a european invested bank may not be a bad idea, were heading for a financial depression soomn as people cannot afford a house here without going into majour debt, and since most banks borrow money from US investors things are getting twitchy, northern rock has allready collapsed due to public panic after US investorsd denied more money, it would have been OK if people didnt panic but heyho.