India to back UN on action against Syria

[JayAtl]

some basic economics will help


" The dollar is the de facto world reserve currency: the US currency accounts for approximately two thirds of all official exchange reserves. More than four-fifths of all foreign exchange transactions and half of all world exports are denominated in dollars. In addition, all IMF loans are denominated in dollars.

But the more dollars there are circulating outside the US, or invested by foreign owners in American assets, the more the rest of the world has had to provide the US with goods and services in exchange for these dollars. The dollars cost the US next to nothing to produce, so the fact that the world uses the currency in this way means that the US is importing vast quantities of goods and services virtually for free.

Since so many foreign-owned dollars are not spent on American goods and services, the US is able to run a huge trade deficit year after year without apparently any major economic consequences. The most recently published figures, for example, show that in November of last year US imports were worth 48% more than US exports1. No other country can run such a large trade deficit with impunity. The financial media tell us the US is acting as the 'consumer of last resort' and the implication is that we should be thankful, but a more enlightening description of this state of affairs would be to say that it is getting a massive interest-free loan from the rest of the world.

Thank you , but some basic sanity might help you. how does that have anything to with Syria. Dollar is used in near 90% of the markets. what will a sanctioned riddled , poor Syria do to our currency?

and if the " dollar" being at risk is the assumption . Then India is using rupees with Iran- do you think if poor Syria is worth going to war over for its small dollars--- India would not be? or you think we are coming after you?

 

[he-man]

Thank you , but some basic sanity might help you. how does that have anything to with Syria. Dollar is used in near 90% of the markets. what will a sanctioned riddled , poor Syria do to our currency?

and if the " dollar" being at risk is the assumption . Then India is using rupees with Iran- do you think if poor Syria is worth going to war over for its small dollars--- India would not be? or you think we are coming after you?

Assad and iran are willing to trade in any currency

see don't make statements which u can't back up,,,,,world is like this only mate.

its all about money,nothing more nothing less

 

[JayAtl]

Assad and iran are willing to trade in any currency

see don't make statements which u can't back up,,,,,world is like this only mate.

its all about money,nothing more nothing less

I'm confused, first you say they don't want to deal in dollars and now you say they will do in any currency

then you say we want to attack them sanction riddled poor countries because they effect our dollars- but you don't tell me why that logic won't apply to India, when it is dealing in rupees with Iran. we should be then attacking india too

 

[he-man]

I'm confused, first you say they don't want to deal in dollars and now yous ay they will do in any currency

then you say we want to attack them sanction riddled poor countries because they effect our dollars- but you don't tell me why that logic won't apply to India, when it is dealing in rupees with Iran. we should be then attacking india too

they want all dealings in dollar.........is it hard to get??
it prevents the devaluation of dollar and massively helps in stock market trade and so on.

Because india has nothing to export like iran has oil which is a global commodity...........thats why

I'm confused, first you say they don't want to deal in dollars and now you say they will do in any currency

then you say we want to attack them sanction riddled poor countries because they effect our dollars- but you don't tell me why that logic won't apply to India, when it is dealing in rupees with Iran. we should be then attacking india too

yaar why are u being so rigid?

i have posted u so many things saying the same stuff,,,and pls ask someone in USA ,anyone who knows economics and u will realise that it all fits

and stop making childish claims

 

[JayAtl]

they want all dealings in dollar.........is it hard to get??
it prevents the devaluation of dollar and massively helps in stock market trade and so on.

Because india has nothing to export like iran has oil which is a global commodity...........thats why

HUH , BIG HUH? you started off by saying we wanted to attack Syria because they were no longer wanting to deal in the dollars and it would crash our currency.

AND NOW! you have switched ? I think I have shown you to be dellusional conspritorial ... you can have at it

 

[he-man]

HUH , BIG HUH? you started off by saying we wanted to attack Syria because they were no longer wanting to deal in the dollars and it would crash our currency.

AND NOW! you have switched ? I think I have shown you to be dellusional conspritorial ... you can have at it

where have i switched??

i wrote the same thing above!!!
that u want dealings in dollar

are u blind?

by they i meant america silly

 

[he-man]

HUH , BIG HUH? you started off by saying we wanted to attack Syria because they were no longer wanting to deal in the dollars and it would crash our currency.

AND NOW! you have switched ? I think I have shown you to be dellusional conspritorial ... you can have at it

And when u will think it through without the intention of proving me wrong u will realize the big game in the middle east

 

[fast]

India has become our lapping b !tch. Wait for our next instruction!

 

[he-man]

India has become our lapping b !tch. Wait for our next instruction!

yes sir!!