post=114656591:
Let us explain what this means to the layman out there,

While this news may sound good for the dollar,
it could also be a double-edged sword.

Why?  If the dollar becomes too strong, it could harm business for American companies because their goods may become more expensive for foreign buyers. 
And if sales of U.S. exports decrease, that could further slow down an already stalled U.S. economy. 

On the other hand, a strong dollar helps Americans who are traveling in Europe, giving them more buying power. 


We Rise!

Elsueno:


da hell, Russia is virtually a whole continent, besides I think European leaders are really stufid & overestimated...How could my neighbor be easily delivering oil & gas to me at minimal transportation costs & cheaper than international market, then I decided it's smart to cut him off & go buy at almost 3 times d price, poorer quality from across d ocean.....
And finally, d pressure would be on Africa to try & close the gaps on resources defenceies as most of the countries with these resources are more inclined towards Russia & China after being sanctioned by uncle Sam..... Except Africa which likes to mostly leak European & American asses

Elsueno:


Shut up, God isn't interested in LGBQT......

post=114656591:
Let us explain what this means to the layman out there,

While this news may sound good for the dollar,
it could also be a double-edged sword.

Why?  If the dollar becomes too strong, it could harm business for American companies because their goods may become more expensive for foreign buyers. 
And if sales of U.S. exports decrease, that could further slow down an already stalled U.S. economy. 

On the other hand, a strong dollar helps Americans who are traveling in Europe, giving them more buying power. 


We Rise!

Dexterine94:
Less than a week Boris Johnson stepped down,
Euro finally equalled the dollar

spydera:
Na to convert my small naira to buy Euros cos e go grow back again.

Buliwyf:


If your neighbor is sleeping with your wife or planning to sleep with her and is selling anything for cheap, unless you are spineless and have no dignity you will cut him off and find alternative sources. Your neighbor will also start having to sell farther and his costs will increase too. Fact. It's not a one way thing. All these things were considered and weighed by people who have experience with crisis management than you do. Again calm down.

Ryda:
Buhari will also make the naira equal dollar before he leaves office.

Reasoning of every APCshit supporter.

Trueprophet91:


Abi o





Hook, line and sinker!

I have been looking around for those scallywags waging their tongues on here to come deny this blatant devastating effect of Putin policy on the entire Europe. None of them have shown up, and none will!

Scumbags



Thank you very much.
I wonder how it's so hard to see through Americans smoke screen and deception!




Remember that this is just the beginning.

May I ask, how do you think Europe intend to buffer the effect of Russian gas supply withdrawn from them while they attempt to 'recover'?
And how soon will that recovery be.


Me thinks it's only a matter of time before people take to the streets in protest.... this I have seen.


I see a massive eruption of uprising with multiple tentacles spread across Europe, which might eventually spiral down to the Sri Lanka treatment in many European nations.


My eyes are seeing and my ears are hearing

Buliwyf:


If your neighbor is sleeping with your wife or planning to sleep with her and is selling anything for cheap, unless you are spineless and have no dignity you will cut him off and find alternative sources. Your neighbor will also start having to sell farther and his costs will increase too. Fact. It's not a one way thing. All these things were considered and weighed by people who have experience with crisis management than you do. Again calm down.

post=114656591:
Let us explain what this means to the layman out there,

We Rise!

Elsueno:


This would have made sense If there is an infinite amount of resources, unfortunately there isn't. Plus most of these European "experts" with "experience" are complaining about this stufid decision..only d politicians & Von der layen think it's a good idea

kumulus:



In the business of money, the bottom line is never dignity. Ever!

Buliwyf:


Most of you think Europe is like Africa. They have so much money and funds saved up that it will take up to 3 years for things to get so hard that people start protesting. You guys should calm down. You are not smarter than the people running Europe. That's a fact.

Searchingvictor:
OK. When will naira equals pounds

ModCaller:
US doing what they do best. Wicked traitors

Buliwyf:


It was only stupid because they made themselves too reliant on Russia in the first place because they were hoping it will make Russia friendly. They shut down their Nuclear energy sources for cheap gas. And if Putin had continued to pretend to be friendly, they would have been justified.

Ray07:
And one ancient dundi being and his demonic party promised N1 to equal $1.

wman:


Stolen content as usual. CC: Eriggs, Nlpolicewoman, Ilovedemmanna

Flairoqy:

What do you know about finance? You think his resignation is the reason for the equivalence? Dollar has been on a down slide since last year.

Elsueno:


Angela Merkel would have made a smarter decision compared to Olaf...Did u know dispired Europe sending weapons to Ukraine to kill Russian soldiers, Putin did not cut off d gas to them & even Ukraine still gets gas from Russia? till they sanction swift & Putin had to switch to rubbles..but EU in their arrogance say they won't pay, only few EU countries agreed...Now China, India, Spain & lots of other countries are rushing to buy from Russia

BloomingDale:


Rise go where? Naira don die enter hell. Them don judge am since.

inoki247:
So in one words na Europe dey war na US dey cashout....

Mak US sha du giveaway dem don cashout


Na Africa suppose dey Cashout buh na stupid leaders we av....

post=114656591:
Let us explain what this means to the layman out there,

While this news may sound good for the dollar,
it could also be a double-edged sword.

Why?  If the dollar becomes too strong, it could harm business for American companies because their goods may become more expensive for foreign buyers. 
And if sales of U.S. exports decrease, that could further slow down an already stalled U.S. economy. 

On the other hand, a strong dollar helps Americans who are traveling in Europe, giving them more buying power. 


We Rise!

brandsoncharlie:

Very funny analysis. So you mean since the inception of the rise of the exchange among the US dollars and other economy especially African countries there are not patrons of us goods in large quantities?

Jameszinchenkov:

You Sabi Economics

SenecaTheYonger:


True. I’m actually shocked someone knows this. The United States Department of Commerce usually pines for a devalued dollar in order to increase trades with other countries. Although depends on who is running DoC

post=114656591:
Let us explain what this means to the layman out there,

While this news may sound good for the dollar,
it could also be a double-edged sword.

Why?  If the dollar becomes too strong, it could harm business for American companies because their goods may become more expensive for foreign buyers. 
And if sales of U.S. exports decrease, that could further slow down an already stalled U.S. economy. 

On the other hand, a strong dollar helps Americans who are traveling in Europe, giving them more buying power. 


We Rise!