Thread: EURO vs USD
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Abou-Eddie
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Default 24th October 2008

Quote:
Originally Posted by admiral View Post
I believe the lesson learned from this financial crisis is that anything that is artificial and against the basics of the financial system is due to be doomed within a certain period of time .
Amen.
When you build a huge amount of houses in Las Vegas which potentially people do not need, when you build towers in Dubai which at the end of the day is in the desert, when you give multi-million dollar bonuses to 26 year old traders in New York and London, when the stock of a company that has never made a profit keeps going up, when people buy houses and before moving in have their eyes on where they will move next, when the US Dollar is compared to toilet paper in Beirut, you know you reached the point where change is imminent, very crucial, and healthy. This point is now.
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