‘Giant currency war’: Euro drops 40%, yen 30%, against US dollar

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Comments

1. Abenomics is a holding action that is failing (re-inflation coming in Japan), and it cannot be sustained. By 2018 when a 10%sales tax kicks in and then Abe is history, the yen will rise back to roughly 100 to the dollar.
2. Thanks to the rising US dollar, analysts have now slashed earnings profit outlooks to the lowest level since 2009! Story http://sco.lt/63yqQL
3. The Euro has fallen  40% in 6 months.
   This is terrible for Eurozone, because over 70% of all products and services made in the eurozone are consumed in the eurozone, exports of services and products account for less than 30% of the eurozone's economy (exports improving won't help much), but the Eurozone is extremely dependent of raw materials that have to be  imported from outside of Europe. As the euro falls further those raw materials become more expensive to import, which causes European manufactures and service providers that depend on those raw materials to increase the price of their products, however the personal income of workers and some small company owners will remain the same, for example some European that earns 45000 € a year in 2014 will earn roughly the same this year, however those 45000 euros will be worth less 40% than they did in July of 2014, this means that the European consumer lost roughly 40% of his international purchase power in 9 months, therefore each European became roughly 40% poorer.
   As European made products and imported products have both become more expensive, the Europeans are now forced to reduced their consumption of non essential products and services, which will reduce further more the local consumption and later that will provoke more company bankruptcies, mergers, wage reductions, company's down-sizings and more unemployment.
   
   This is terrible, there is nothing good about this scenario, the euro has fallen too much, too fast. If it had fallen 40% in 3 or 4 years, it would had been OK, but falling 40% in less than 6 months is basically an economic suicide.
   
   I personally feel robed, my savings have lost about 30% of its value in less than 6 months, this provokes a terrible feeling of loss, defeat, of economic failure.
   
   Currency stability is essential for economic stability. 
4. America has the growth economic/demographic,the oil,and the tech...........................The global titans of tech all American,the 21st century will be the American century...Just like the 20th.....Russia is in free fall,economically and demographically...Apple stop selling its products in Russia ,because they could not figure out what the Ruble is worth....:)
5. BIG EXAMPLE HOW 3RD WORLD IS RESPONSIBLE FOR WESTERN DEBT...This RT ape woman..Do you thing that this ape from africa came to britain with money and talent?? LOL..She was a welfare parasite who lived for free.. Like her ..the entire world except the arabs countries are stealing from the west. We should kill these trash and take back everything.
6. You guys talk about BRICS  so much...then stop using western inventions. Give up your cars, phones, computers, medicines, electricity, modern farming methods, planes, bikes..etc... LOL.. USE BRICS PRODUCTS...please...BRICS have invented nothing in their worthless existence. BRICS ARE A JOKE piece of shit that stole from the west because BRICS people are 3rd world motherfuckers who work for peanuts. 
   
   It's our fault though.. we waste money on your worthless 3rd world monkeys..We should allow you to starve to death. We should remove all aid to africa, ban UN, UNHRC, World food program etc.. We should ban all trade and communications with the rest of shithole world. Guess what.. THE REST OF THE WORLD WOULD DIE WITHOUT THE WEST.
   
   India stole more than 20-30 million jobs combined from the west..and still India receives foreign aid...received $4 billion during 2004 tsunami.. WHO GAVE AID THEN?? Then west. BRAZIL IS SOO POOR THAT GERMANY HAD TO PAY FOR THE 2014 WORLD CUP...LOL 
   
   EVERY FUCKING BRICS TRASH RECEIVE AID FROM THE WEST...WHY??? If they are sooo good why are their per capita income less $10,000.. Why are they all 3rd world shitholes?? even after so much aid and stealing from the west. USA is debt because of greedy corporations, brics stealing jobs, 3rd world countries and apericans receiving hundreds of billions of dollars of aid.
   
   SHUT THE FUCK UP...The west is the only real civilization. All you fucking motherfuckers are a welfare parasite leach on us. Get ready for WW3..
7. It's sooo funny that I can't even laugh.. Stupid fucks.. Russia has more than 14% debt which amounts to $350 billion+ when Russian economy is $1.2 trillion..LOL. Russian companies owe western lenders $1 trillion dollars.. How is russia gonna pay back when the only thing they export is mail order brides. It's soo funny when you shitholes bring up the BRICS.
   
   BRICS ARE A JOKE.. A THIRD WORLD HELL HOLE THAT GREW AT THE CHARITY OF THE WEST. Russia grew a little only exporting oil to europe. Sono russia is nothing without the west. CHINA AND INDIA...LOL ..FUCKING SLAVES AND CALL CENTRE WHORES.. 
   
   It's because of stealing 25 million american jobs by china, and 10 million+ by india.. those shithole are even surviving. Everything China has today is because of the west. The western companies , especially the US gave all the manufacturing jobs to china and call center jobs to india..CHINA HAS $289 TRILLION DEBT BUBBLE..(there is a RT VIDEO on world debt) while the chinese economy is only half of the USA.
   
   CHINA IS A WHORE ECONOMY that depends on stealing americans jobs and americans buying their shit. China has money only because of the $300 billion trade deficit with the USA.. If us didn't buy their shit..CHINA IS GONEE.lol..
   
   Why does the west has so much debt when it invented everything. Because of you shithole 3rd worlders. The west, mostly the US gives the most aid, wastes shit on food program, allows 3rd world shitholes to steal jobs etc.. Almost every country in the world has received aid from the USA..Including europe and russia. 
8. LOL, "more hope here than in western countries..", tell that to the Russian pensioners who are getting their already low pensions reduced.
9. Yes, the Euro dropped 40% but their debt remains. This means their debt has increased dramatically in relativity.   Good thing we are here to show people how to make an extra buck in this tough economy!!  =) 
10. A sovereign state's debt auctions are settled in the issuing nations currency. The note obtained has both its interest and principal repaid in that currency. It is therefore false to imply that the issuing state has an fx exposure on outstanding notes. It doesnt. A volatile currency will scare away some investors at the next auction as investors demand higher interest rates to hedge against losses as income streams are repatriated into the bondholders reserve currency.
    
    So RT - the old phrase "never let the facts get in the way of a good story" springs to mind.
11. They are bringing all the currencies into PARITY for the new banking system.
12. ROTFLMAO! So the US has 225 trillion dollars of debt. Who is this BS spreading idiot.
13. You can always invest in the ruble. lol
14. It would seem we are headed for war. Europe, can Europe really afford to fight this war against Russia and her allies? What a tragedy.
15. Haha ha, good joke
16. Is Europe cold today do you have electricity? i hear the russians shut off the gas. your Euro is in thje dumper and France is doing false flag attacks to take away freedom of speech. 
17. All this instructed by Federal Reserve to save the dollar.
    
    
18. Americans are shaking up their colonies.
19. The world thinks bozobama is their friend. Bozobama is out to break down the CHRISTAIN WEST. This is not only directed at RUSSIA it's directed at the western nations. Take a step back look at your nations slow decline. Our core values are being OUTLAWED with each " false flag". Laws are quietly past during these events for our ( the citizen ) better good. The western GOVERMENTS are no longer for the PEOPLE. Voting no longer works. Violence doesn't work. What does work is work sit downs.