Rapper Jay-Z dissing the dollar
thejck
Posts: 849
http://news.bbc.co.uk/2/hi/business/7097736.stm
Wads of dollar bills are usually as much a part of rap videos as fast cars, diamond-encrusted jewellery and scantily-clad models.
But in an apparent nod to the low value of the dollar, rapper Jay-Z's new video Blue Magic features another currency.
He is seen cruising the streets of New York in Bentleys and Rolls Royces (now owned by Germany's Volkswagen and BMW) with a briefcase of 500 euro notes.
It follows reports that the supermodel Gisele Bündchen also favours euros.
The catwalk star's twin sister and manager Patricia told Bloomberg in September that: "Contracts starting now are more attractive in euros because we don't know what will happen to the dollar."
The US currency has been ticking off historic lows over the past few months as falling US interest rates make other currencies more attractive.
It recently passed $2.10 to the pound, reached parity with the Canadian dollar and set an all-time record of $1.4752 to the euro.
Other more conventional market-watchers have also been snubbing the dollar, including the billionaire investor Warren Buffett.
There have been no suggestions that Jay-Z's fellow rapper 50 Cent could be considering a move into a different currency.
Wads of dollar bills are usually as much a part of rap videos as fast cars, diamond-encrusted jewellery and scantily-clad models.
But in an apparent nod to the low value of the dollar, rapper Jay-Z's new video Blue Magic features another currency.
He is seen cruising the streets of New York in Bentleys and Rolls Royces (now owned by Germany's Volkswagen and BMW) with a briefcase of 500 euro notes.
It follows reports that the supermodel Gisele Bündchen also favours euros.
The catwalk star's twin sister and manager Patricia told Bloomberg in September that: "Contracts starting now are more attractive in euros because we don't know what will happen to the dollar."
The US currency has been ticking off historic lows over the past few months as falling US interest rates make other currencies more attractive.
It recently passed $2.10 to the pound, reached parity with the Canadian dollar and set an all-time record of $1.4752 to the euro.
Other more conventional market-watchers have also been snubbing the dollar, including the billionaire investor Warren Buffett.
There have been no suggestions that Jay-Z's fellow rapper 50 Cent could be considering a move into a different currency.
Post edited by thejck on
Comments
-
So what 50-cent is going to rename himself 50-pee
anybody get it...hehehe -
When oil is no longer pegged to the dollar, our currency/economy are in deep ****...2007 Club Polk Football Pool Champ
2010 Club Polk Fantasy Football Champ
2011 Club Polk Football Pool Champ
"It's like a koala bear crapped a rainbow in my brain!" -
we got major problems coming up
-
HMMM.......wasn't Blue magic the name of the coke Denzel was selling
in American Gangster?HT SYSTEM-
Sony 850c 4k
Pioneer elite vhx 21
Sony 4k BRP
SVS SB-2000
Polk Sig. 20's
Polk FX500 surrounds
Cables-
Acoustic zen Satori speaker cables
Acoustic zen Matrix 2 IC's
Wireworld eclipse 7 ic's
Audio metallurgy ga-o digital cable
Kitchen
Sonos zp90
Grant Fidelity tube dac
B&k 1420
lsi 9's -
HMMM.......wasn't Blue magic the name of the coke Denzel was selling
in American Gangster?
Yeah, the music was made for the movie.
The US dollar is becoming irrelevant. Expect higher inflation in the next few years fueled by exhorbitant fuel prices.
Should the USA join the European Union? Hmmmm...HT/2-channel Rig: Sony 50 LCD TV; Toshiba HD-A2 DVD player; Emotiva LMC-1 pre/pro; Rogue Audio M-120 monoblocks (modded); Placette RVC; Emotiva LPA-1 amp; Bada HD-22 tube CDP (modded); VMPS Tower II SE (fronts); DIY Clearwave Dynamic 4CC (center); Wharfedale Opus Tri-Surrounds (rear); and VMPS 215 sub
"God grooves with tubes." -
Ha ha Brad.....all of Europe can't decide on that one.They can't even convince their own to join.Nice doom and gloom outlook though.The dollar will bounce back.These currency values are always up and down.
So who thinks some crack head pusher is now nameing his junk Blue Magic??HT SYSTEM-
Sony 850c 4k
Pioneer elite vhx 21
Sony 4k BRP
SVS SB-2000
Polk Sig. 20's
Polk FX500 surrounds
Cables-
Acoustic zen Satori speaker cables
Acoustic zen Matrix 2 IC's
Wireworld eclipse 7 ic's
Audio metallurgy ga-o digital cable
Kitchen
Sonos zp90
Grant Fidelity tube dac
B&k 1420
lsi 9's -
We still have the Peso beat
The first rule of Fight Club is you don't talk about Fight Club -
And the DinarSharp Elite 70
Anthem D2V 3D
Parasound 5250
Parasound HCA 1000 A
Parasound HCA 1000
Oppo BDP 95
Von Schweikert VR4 Jr R/L Fronts
Von Schweikert LCR 4 Center
Totem Mask Surrounds X4
Hsu ULS-15 Quad Drive Subwoofers
Sony PS3
Squeezebox Touch
Polk Atrium 7s on the patio just to keep my foot in the door. -
He should give all the American dollars back that he made here and move to Europe."He who fights with monsters should look to it that he himself does not become a monster. And when you gaze long into an abyss the abyss also gazes into you." Friedrich Nietzsche
-
"Blue" in a drug name usually refers to heroin, no?
I guess if the dollar continues to weaken, we'll see more FDI, and more demand for US exports b/c they'll be considerably cheaper to persons in other countries b/c the purchasing power of their currency in relation to ours has increased. Hopefully that will mean more American jobs kicking back into action, and a bit of a boost to our economy...
That's just 1 of a billion pieces of the puzzle...2007 Club Polk Football Pool Champ
2010 Club Polk Fantasy Football Champ
2011 Club Polk Football Pool Champ
"It's like a koala bear crapped a rainbow in my brain!" -
I guess if the dollar continues to weaken, we'll see more FDI, and more demand for US exports b/c they'll be considerably cheaper to persons in other countries b/c the purchasing power of their currency in relation to ours has increased. Hopefully that will mean more American jobs kicking back into action, and a bit of a boost to our economy...
That's just 1 of a billion pieces of the puzzle...
Yeah, but who's gonna provide the cheap labor in the USA? You? Me? Or our amigos from south of the border? And most "Americans" will be working for foreign companies who will exploit the USA just as this country has been doing since it was founded.
If what you're saying happens, the US will become a third world country, while Europe, China, Japan, and India dominate the world's economy.
If wealthy Americans are jumping ship, then we can only expect turbulent waters for the rest of us.HT/2-channel Rig: Sony 50 LCD TV; Toshiba HD-A2 DVD player; Emotiva LMC-1 pre/pro; Rogue Audio M-120 monoblocks (modded); Placette RVC; Emotiva LPA-1 amp; Bada HD-22 tube CDP (modded); VMPS Tower II SE (fronts); DIY Clearwave Dynamic 4CC (center); Wharfedale Opus Tri-Surrounds (rear); and VMPS 215 sub
"God grooves with tubes." -
And to be honest, my viewpoint there was all sunshine and roses. In reality, investors are momentum driven; as in they want to invest in assets going up not down. The weaker the dollar has been in recent years, the more $$ we have seen flowing out of the US and into emerging mkts and foreign RE....2007 Club Polk Football Pool Champ
2010 Club Polk Fantasy Football Champ
2011 Club Polk Football Pool Champ
"It's like a koala bear crapped a rainbow in my brain!" -
nobody got the 50-cent to 50-peeee joke...man i thought that was funny as hell
