I’ve been in web 2.0 business now about a year and I have made some money during that time. With web 2.0 earnings, the money is made in dollars at the moment. Now the World economics is living at the edge as the USA economics is most likely to collapse. This situation has forced FED to lower interest rates from 5,25% to 3% in half year. This has not worked as good as expected and so FED is most likely to lower interest rates even to 2% today.
Meanwhile FED has done desperate attempts, the dollar has fallen about 30% as has the web earnings too. So a person living outside the dollar economics zone, has lost -30% income, while he has done the same amount of work. Now this situation cannot continue.
The real risk is inflation of hyper inflation, which would collapse the dollar economics totally. Perhaps web 2.0 business would not disappear, but the dollar would be replaced with euros.
Well, soon we’ll see, but meanwhile is recommend everyone to cash out web earnings as soon as possible and turn them to Euros or other currency.
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