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-   -   CDN Dollar hits 14 year high :( (https://gfy.com/showthread.php?t=548430)

BradM 12-05-2005 05:15 PM

CDN Dollar hits 14 year high :(
 
http://www.cbc.ca/story/business/nat...ar-051205.html

Kevsh 12-05-2005 05:16 PM

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 :(

reynold 12-05-2005 06:12 PM

I just hope $ would stabilize again by next year..

mkx 12-05-2005 06:15 PM

same here. bad news

RawAlex 12-05-2005 06:16 PM

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

AlternaGirls 12-05-2005 06:16 PM

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...

sherie 12-05-2005 06:18 PM

Bummer!!!

pr0 12-05-2005 06:19 PM

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

buddyjuf 12-05-2005 06:20 PM

Fuck Fuck Fuck!!!

I hate Being paid in US$

DirtyRider 12-05-2005 06:41 PM

Man, I'm shit waiting for prices to go down on shit so I wouldn't have to shop in the states.

rickholio 12-05-2005 06:53 PM

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... :helpme

pornguy 12-05-2005 06:54 PM

We have watched the peso in mexico drop again over the last month. we are at 10.40 to 1

ZoiNk 12-05-2005 07:06 PM

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

:1orglaugh What happened to the mighty Roman empire though? Looks like the Euro is going to be the new king.

ZoiNk

leedsfan 12-05-2005 07:11 PM

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

webgurl 12-05-2005 07:16 PM

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 :helpme

rickholio 12-05-2005 07:20 PM

Quote:

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:

http://www.eurotrib.com/files/3/0512..._1991_2005.gif

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?

Linguist 12-05-2005 07:20 PM

Another cut in the paycheck :(


Oh well, I guess gotta work harder to make up for the lost %

shann 12-05-2005 07:20 PM

mother fucker!

rickholio 12-05-2005 07:26 PM

http://tinyurl.com/867s4
:( :helpme

Rinaldo 12-05-2005 07:27 PM

stop bitching and cash into US $


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