Why does the US dollar have to be so fucking shitty?

nevermind, there are 1000 other threads on this lol

ok, i'd rather not think about it

Sigh....

The right time for US investments, go and buy US property, before the chinese have bought everything

maybe the thousand and first will raise the dollar..

cackle

Why do other stupid countries depend on our dollar and do nothing but talk shit.

Answer that one!

The USD might keep tanking against the CD if the price of oil stays high. Part of what's driving the USD's dive against the CD is the increasing US demand for Canadian petroleum products from oil shale/oil sand. These forms of oil sources used to be cost-inefficient but the recent oil price surge has made them cost-competitive.

Where you read that? for me its

100 USD = 99.872 CAD

seems to have changed already...

This is what you get for shitting on the rest of the world so much. You reap what you sow.

Tell us again how badly the US has oppressed you in Amsterdam, Mark.

I think it's caused by all the torrent sites sucking dollars out of the American economy into foreign coffers.

Well for us 'here' on GFY - seeing that currency of choice in this business has been the USD - the lower the USD goes compared to our local currency, the lower our income is. Doesn't affect you guys so much - but it most certainly will cause some reason for us to make changes.

Example:
$1.00 USD = $1.61 on Janaury 28-2002
$1.00 USD = $1.16 on January 3-2007
$1.00 USD = $0.99 on October 2-2007

So just in this year - there's a 17% drop in our incomes with perhpas more work and investment at risk.

In the past 5 years - it's close to a 60% drop in income.

Like I said, it doesn't make much of a difference to you if you don't leave the country, but it most certainly makes a difference to the others living in another country.

copied my conversion from xe.com

Well maybe it wouldnt drop so much if other countries did what it takes to actually protect themselves rather than relie on the United States to do the dirty work.

At least it's just a drop in dollar to you guys that have basically sat on America's tit for its defenses ever since the WWI.

Wait till you guys loose blood rather than money.
Its a whole different experience.

Ya the dollar is fucking garbage right now

LOL

what a confused idiot.

Fuck the Federal Reserve

Bump bump.

We don't depend on diddly from you... it's just what you insist on paying us.
Believe me, if I could make Americans pay me in CAD I would, but apparently some American's are rather pig headed.

Don't worry, be happy

I live within the limits of my country's currency so I don't really care.

For sure. Listen to the monkeys shriek. The Fed just dropped a bananna... how 'bout the IMF, World Bank, IBS and CBS?

First person to fill me in was my 9th grade civics teacher. Former AI. Didn't believe him.

Ya RIGHT.. try exchanging currency, I wish the banks gave par rates

Probaly beacuse of boom of warez sites and people who creating them

Are you saying they were stupid to depend on the US?

The current crisis was coming for years, you can't have an economy run on debt and devalue to repay the loan.

What ever drugs you're taking stop right away, they are clouding your mind.

YOU ARE A FUCKING MORON!

YOU ARE A FUCKING MORON!

YOU ARE A FUCKING MORON!

YOU ARE A FUCKING MORON!

YOU ARE A FUCKING MORON!

YOU ARE A FUCKING MORON!

YOU ARE A FUCKING MORON!

YOU ARE A FUCKING MORON!

No wonder you're broke.

lol. good one

While I'm not really surprised to read such an uneducated response on gfy, I still feel the need to tell you that you have no idea what you are talking about.

Do you really think that the war that is going on is really protecting anyone? Do you truly believe that they are looking for anyone or trying to thwart terror? What it is doing is sending your kids off to die so the rich and powerful can continue to make as much money as they can. Oh and also to ensure that your oil is a cheap as possible.

it will go up

Bingo

i do not understand non-americans who base their incomes on the american dollar then bitch about it.

if you don't like it you need to figure out a way to rely on your own country's economy to fund your lifestyle.

While the dollar may be falling one thing that you can always count on is AlienQ to be an absolute clueless idiot.

why do soo many americans think the world depends on them still?


sad

that kind of thinking is probally why your dollar is falling soo much.

thts a good question....

"We are no longer as strong a soldier, as generous a donor and as effective a diplomat, and it has diminished us as a people," Andrew Cohen, a professor at Ottawa's Carleton University, writes in his controversial book "While Canadians Slept: How We Lost Our Place In the World," which was released this year.

On the high end, some military experts have estimated Canada would have to spend more than $500 billion during the next 10 years to revamp its military forces. Other experts say those projections are vastly overblown.

This year, the Canadian baseline defense budget increased by more than $800 million, including added money for the war in Afghanistan and subsequent peacekeeping, spare parts and training. The amount fell short of some recommendations, but McCallum -- previously a high-profile investment banker -- defends it as a critical first-step in revamping Canadian forces.

Quick-response forces will figure heavily into the upcoming Canadian defense review, McCallum said.

Since Sept. 11, Canada has "put a lot of emphasis" on Joint Task Force 2 (JTF2) and is "well on its way" to doubling the size of the 350-member interservices commando force by 2005, McCallum said.

JTF2 earned praise in Afghanistan from its American counterparts, sources said. The force consists of volunteers from the three branches of the Canadian armed forces.

The unit was launched in 1993 when it took over counterterrorist duties from the Royal Canadian Mounted Police. McCallum hopes to increase JTF2's $25 million budget. "They will be included when we do our defense review; it's possible we will increase their size further," McCallum said.

Canada also has boosted intelligence spending. "We're just in the early stages, but I'm trying to focus a lot of attention on transformation in the army," he said. "Some increased specialization in some areas is a good way for us to go."

Canada also has decided to increase its reserves and is funding the second-phase of expansion of its land reserves, McCallum said. "Part of that is to increase attention on homeland defense." Plans also are under way to boost forces to a total of 85,000 military personnel by 2013.

The Canadian Conference of Defense Associations, which claims 600,000 members, released a study last October titled "A Nation at Risk," one of the more prominent in a string of studies documenting what some critics call Canadian defense inadequacies. In the report, CDA cited an annual deficit of more than $700 million for the army alone.

The group holds Canada's navy is on the verge of losing its ability to function in multinational task forces and soon could "be reduced . . . to an offshore territorial force." The air force, meanwhile, lacks trained and experienced personnel, which could leave it unable to perform certain search and rescue missions or provide 24-hour coastal patrols, according to CDA, which also highlighted problems with logistics.

SO THERE YA GO...

America Spends billions per year on a military force, while Canada sits on it's ass whinning about a falling dollar and how hard it is for them.

Think Swords to Plow shares, and think about the American's that have been harboring your stupid asses the whole time as you QQ about everything we do.

But thats typical French blood for ya.

lol @ alien desperately trying to defend the shitty world currency... dude... dont take it personal the dollar is fucking worthless. We need the euro as a world currency - and FAST!

did you forget already that most wars they spend billions on are useless? Vietnam: Useless lost war. Iraq: Bin laden is an Afghan, so go to war in... Iraq? well thats where the oil is. Now: 2nd Vietnam. Great success!

heres a solution, do business in your own country, or stop bitching and get used to it...

the Australian dollar is almost worth as much as the US Dollar..

Because you touch yourself at night.

Buy gold...

You're complaining about 1 to 1?
Get real!

Helicopter Ben has to bail out the pigs first. The dollar is not of concern at this time.

what if they would have been paying you in CAD the period where you were making extra money off the old conversions? I seem to remember alot of canadians bragging about how much more they made per USD back then.

I'm not scared yet, but I am starting to get depressed.