What does this mean for the USA economy?

Discussion in 'Business & Economics' started by BelgoHead, Aug 15, 2007.

  1. BelgoHead Registered Member

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    Recently a load of countries like venezuela (lots of oil) have been switching from say the bolivar - USA dollar conversion and now to the bolivar-Euro.

    What does this mean for the USA economy?

    I dont really understand what significance this means for either currency.

    I dont pretend to be an expert on this, so could someone explain to me what it's benifits are?


    Regards......BelgoHead
     
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  3. draqon Banned Banned

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    nothing good.
     
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  5. John99 Banned Banned

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    I know i never benefited from it.
     
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  7. BelgoHead Registered Member

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    Wouldnt expect you to your an american after all.

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  8. John99 Banned Banned

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    ha ha, i don't know. Do you think it means anything? tbh i don't know why it ever really means anything. sorry.
     
  9. S.A.M. uniquely dreadful Valued Senior Member

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    It means the US currency joins the rest of the world currency in trade, forcing Americans to produce as well as consume.
     
  10. cosmictraveler Be kind to yourself always. Valued Senior Member

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    A global currency is in the wind it could seem.
     
  11. desi Valued Senior Member

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    It means America better keep other countries trading oil for dollars or hard times are coming.
     

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