They talked about it for thirty years then signed an agreement to do it within the next ten years.Originally Posted by Lyle
It's an urban myth.
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Re: Us Dollar Worth Less Then Swiss Franc
They talked about it for thirty years then signed an agreement to do it within the next ten years.
It's an urban myth.
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Re: Us Dollar Worth Less Then Swiss Franc
WASHINGTON (AP) — Federal bank regulators plan to increase staffing 60 percent in coming months to handle an anticipated surge in troubled financial institutions.
The Federal Deposit Insurance Corp. wants to add 140 workers to bring staff levels to 360 workers in the division that handles bank failures, John Bovenzi, the agency's chief operating officer, said Tuesday.
"We want to make sure that we're prepared," Bovenzi said
The Associated Press: FDIC Plans Staff Boost for Bank Failures
March 25 (Bloomberg) -- Wall Street banks, brokerages and hedge funds may report $460 billion in credit losses from the collapse of the subprime mortgage market, or almost four times the amount already disclosed, according to Goldman Sachs Group Inc. Profits will continue to wane, other analysts said.
Bloomberg.com: Worldwide
Re: Us Dollar Worth Less Then Swiss Franc
Complain, complain, complain....you don't even live here.
Can't you find something to bitch about in England?
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Re: Us Dollar Worth Less Then Swiss Franc
I pay my taxes to the IRS, that gives me the right to complain. I'd rather not complain -- I'm not doing this to bash America, I'm complaining because things are fucked up right now with unpleasant consequences for all of us.
Re: Us Dollar Worth Less Then Swiss Franc
#1 Von if we didn't recognize our debt the entire global economy would crash and then the US and China would be in a REAL war and not just dislike each other.
#2 Kirkland perhaps you could explain to me why Ireland is doing so well economically these days
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Re: Us Dollar Worth Less Then Swiss Franc
Ireland was doing well economically.#1 Von if we didn't recognize our debt the entire global economy would crash and then the US and China would be in a REAL war and not just dislike each other.
#2 Kirkland perhaps you could explain to me why Ireland is doing so well economically these days
The country had a massive surge in construction and development over the past ten years.
This was largely due to a surge in finance which could be attributed to smart trade by the government, entrepeneurism and in particular the use of Ireland's tourism industry.
Ireland also benefited from it's place in the European community and exploited it's green image when trading internationally.
In short, the governemnt made a great short term plan, which raised a huge amount of capital.
Unfortunately the Construction Industry is now in recess. Domestic, Industrial and Commercial construction is near a stand still, House prices are dropping and the country is undergoing an unemployment epidemic in the area of building services.
The government will now try to use the revenue that was earned and translate it into a new strategy.
So in fact the economy is buoyant, the past has ensured a bit of security for the future, but one could hardly say the economy is doing very well anymore.
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Re: Us Dollar Worth Less Then Swiss Franc
Plus they slashed their corporation tax rate and made their financial system more corporate-friendly.
Why Ireland Lyle ?
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