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Old 12-05-2005, 05:15 PM   #1
BradM
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:mad CDN Dollar hits 14 year high :(

http://www.cbc.ca/story/business/nat...ar-051205.html
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Old 12-05-2005, 05:16 PM   #2
Kevsh
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I keep waiting for a stronger US dollar as my cheques (or for you Americans "checks") keep getting smaller ... not very good news, unless I'm traveling to the US or buying something online
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Old 12-05-2005, 06:12 PM   #3
reynold
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I just hope $ would stabilize again by next year..
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Old 12-05-2005, 06:15 PM   #4
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same here. bad news
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Old 12-05-2005, 06:16 PM   #5
RawAlex
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We have another couple of years of the "bush revolution" to live through before anyone is going to be interested in investing in the US and buying the US currency. Until then, IMHO, things are not going to get much better... sadly.

Alex
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Old 12-05-2005, 06:16 PM   #6
AlternaGirls
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Yeah, it sucks in that regard, but at least I pay all my server and domain bills in USD and save on my monthly expenses...
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Old 12-05-2005, 06:18 PM   #7
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Bummer!!!
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Old 12-05-2005, 06:19 PM   #8
pr0
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the dollar will once again reign supreme, give it time

we're like rome, right now we're spread a little thin with conquest in our eyes
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Old 12-05-2005, 06:20 PM   #9
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Fuck Fuck Fuck!!!

I hate Being paid in US$
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Old 12-05-2005, 06:41 PM   #10
DirtyRider
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Man, I'm shit waiting for prices to go down on shit so I wouldn't have to shop in the states.
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Old 12-05-2005, 06:53 PM   #11
rickholio
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Quote:
Originally Posted by pr0
the dollar will once again reign supreme, give it time

we're like rome, right now we're spread a little thin with conquest in our eyes
You do realize that rome fell, right? The mongols and the moors came and kicked thier asses after they got stretched too thin.

Those who ignore history...
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Old 12-05-2005, 06:54 PM   #12
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We have watched the peso in mexico drop again over the last month. we are at 10.40 to 1
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Old 12-05-2005, 07:06 PM   #13
ZoiNk
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Quote:
Originally Posted by pr0
the dollar will once again reign supreme, give it time

we're like rome, right now we're spread a little thin with conquest in our eyes
What happened to the mighty Roman empire though? Looks like the Euro is going to be the new king.

ZoiNk
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Old 12-05-2005, 07:11 PM   #14
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china fucked the us, by stopping to lend them 2 billion a day. Dont blame them, no way they'll ever pay them back. Kinda like the US used to lend to south american and african countries.

I wonder how long before the canadian dollar is worth more than the US dollar? Want to take bets now? I say 9 months.


We just discovered huge limestone deposits that will create huge wealth in canada. Not to mentiion that canada is now the 4th largest holder of oil in the world, now that they can make money on the oil pits in alberta. Bad news for the rest of canada is that with alberta being dug up we have to put up with displaced albertans. haha
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Old 12-05-2005, 07:16 PM   #15
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Quote:
Originally Posted by leedsfan

I wonder how long before the canadian dollar is worth more than the US dollar? Want to take bets now? I say 9 months.

Well i doubt 9 months but if that day comes where the US is worth less than our dollars what a nightmare
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Old 12-05-2005, 07:20 PM   #16
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Originally Posted by RawAlex
We have another couple of years of the "bush revolution" to live through before anyone is going to be interested in investing in the US and buying the US currency. Until then, IMHO, things are not going to get much better... sadly.

Alex
A chart I saw the other day sums it up pretty well:



In a nutshell:

Clinton years, more GDP growth than debt accumulated indicating real growth. Economic expansion and times o' plenty. Remember the 90s?

Bush years, and we're talking the exact same year bush gets in, debt outstrips growth and hasn't gone into the positive side since. GDP gains look marvellous but gains are debt-fueled and any real growth is subsumed by the debt.

And the real kicker? Median household income in Canada is ~$56k/year. The median household income in the US is ~$44k/year, which is ~$51.5k/year canadian. How messed up is that?
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Last edited by rickholio; 12-05-2005 at 07:22 PM..
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Old 12-05-2005, 07:20 PM   #17
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Another cut in the paycheck


Oh well, I guess gotta work harder to make up for the lost %
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Old 12-05-2005, 07:20 PM   #18
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mother fucker!
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Old 12-05-2005, 07:26 PM   #19
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Old 12-05-2005, 07:27 PM   #20
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stop bitching and cash into US $
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