Showing posts with label Yuan. Show all posts
Showing posts with label Yuan. Show all posts

Sunday, April 3, 2011

The American Dollar

The American dollar has been on top for a very long time. Will it stay to be on top or will it be a thing of the past? This is a very good question that everybody is following. For one thing, a lot of foreign investors have a lot of dollars in their hands. Will they really dump it and replace it with what? The yuan from China? The euro from the European nation? Or will it be something else?? I really do not get it why many countries are sooo eager to get the United States at the bottom of the barrel, but the citizens of many countries keep coming here to invest, have a good life with no restrictions in large mansions and live without any government interference and rule! And why is our government, seems like, is now opting to control everything in sight! Are the United States citizens not capable of tending for themselves? I do not think it is that, I think it is because there are a few elite people that are greedy and selfish that wants to control not only the United States but the whole world! What do you think? Am I right or wrong on my assumption? Comments are always welcome! I have noticed that it is getting worse with the US dollar! You cannot buy anything cheap now! When you go to a store, $50 is nothing! Sure you can buy something, it is not even a full bag if you get meat! Yikes! That's too bad we cannot have live chickens, pigs etc in the city! Even the fruits and vegetables are so expensive! What can we eat that is cheap? Nothing really! How much more can we stretch our dollar? Gasoline is very expensive also! It is now averaging $3.65/gal in Michigan, and I am sure that it is higher in other states like California! But California's pay is higher too than Michigan! That is true, but their cost of living in California is higher! Ugggghhhhh!!! We cannot win, can we? What we can do is just pray that everything change for the better. Let us also pray that there will be world peace. Miracles do happen, and hopefully there are enough people praying for the whole world that maybe God will be really merciful towards all of us! Have a great week, everyone!!! God bless!!!

Friday, December 3, 2010

News This Week

There are many interesting news this week. I am only going to touch on a few topics. Are you ready? Get set! Go!

What is new?? Nothing much! Same old stories..... Unemployment still sucks! Benefits are still under debate! In the meantime many have already lost their benefits since last month. Why can't the government extend the benefits for another year? Let's face it...there are not a lot of jobs out there, unless we all go overseas and work there! That is really, really sad, with Christmas just around the corner!

Housing sucks! The value of houses have really gone down a lot, but it seems the taxes are still high! What do we do about this? Not sure. Anyone has any ideas to get the housing to rebound?

Economy sucks! They say that people are spending for the holidays. I see at the mall that is true! But what are people using? Credit cards! To go deeper in debt? Sigh. That is not good! The stores are really luring customers to visit them...some had given out customers a $10.00 coupon, another $15.00 and some have ongoing sale with a 10 to 20 % off on merchandise! But when you look at it, it seems the prices were raised, and then they give you a discount??? That does not seem right! Any comments??

T =Tough! whether you liked it or not, it will be done!!! S = Sexual. Isn't groping a sexual act? A=Act that everyone despises! Wow!!! That is a good one! The invasive and intrusive strip search is still a very hot conversation piece. Ther are some women that go through the scanner wearing bikinis and underwear, only to be rejected! My! My! My! Is that insane, ridiculous or what??? Anyway, how safe is the scanner that virtually strips you from head to toe? The 135 machines which will number to 1,000 by 2011 is supposed to emit negligible amount of radiation, lower than the chest x-rays. How does it work? The radiation is absorbed in your skin, is reflected back creating an image of your body, in other words it shows everything underneath your clothes, including your "tootsies or thingie."Ha! Ha! Ha! Are those the best words you can use?? But what will be the effect in the long run for people that travel a lot? Who knows? Let us just hope and pray that we will not see a rise in cancer patients!!! They say that there is a new machine that does the same thing, but it is non- radiation. I wonder when and how long before they get to use those machines!

LeBron James was back to Cleveland the other day. Were the locals still upset with him for going with the Miami Heat? Of course, they were! The people in Cleveland should get over the saga with LeBron... If he had chosen to leave, let him go! After all, he has been in Cleveland for 7 years! Get over it! It is easy to say, but who cares, there will be another basketball star that will emerge sooner or later and LeBron James will just be another name! In the meantime, Miami Heat won against the Cleveland Cavaliers, 118 - 90! Who cares? It is just basketball!!

US dollar. The US dollar has really gone down quite a bit. Here are some sample of how much the US dollar is against the other currencies: 1 USD = 0.76027 Euro, or 1 Euro = 1.31532 USD;
1 USD = 84.06433 Japanese Yen ( JPY), or 1 JPY = 0.01190 USD; 1 USD = 1.33067 New Zealand dollar ( NZD), or 1 NZD = 0.75150 USD; 1 USD = 31.34109 Russian Rouble (RUB), OR 1 RUB = 0.03191 USD; 1 USD = 1.01264 Canadian Dollar ( CAD), or 1 CAD = 0.98752 USD; 1 USD = 6.67146 Chinese Yuan Renminbi ( CNY), or 1 CNY = 0.14989 USD. Wow!!!! No wonder the Russians and the Chinese are not going to use for trading anymore the once mighty US dollar!!! Do you think the US will rebound to be the world power again?? Who knows, but China is really in full force being the number 1! Comments, anyone???

Have a nice, safe and blessed weekend!!! May God bless us all!!!