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Old 09-29-2008, 11:09 AM  
WarChild
Let slip the dogs of war.
 
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Join Date: Jan 2003
Location: Bermuda
Posts: 17,263
Quote:
Originally Posted by DirtyWhiteBoy View Post
Wrong? I was saying this was gonna happen 2 years ago. I was on top of it before the USD even started to tank.

This 700b will not be the cause of a new currency. No way. But it may start the downward spiral to it.

How can you look at what is going on and think nothing is wrong? And Canada will get in line when their currency takes a serious dive. It may not happen for a while, but it's gonna happen. Mexico is ready to go, USA will be next in line and sooner or later Canada will get in line.

They did it in Europe and it worked well. Why not in North America?
It's not going to happen.

In Canada, we can't even deal with a province full of misfits who think they have some sort of special culture. What you don't understand is it's almost a matter of national pride up here to NOT be Americans. Canada is rich in natural resources and has a small population when you consider how big it is. There's no reason what so ever to hook Canadian currency to American and ESPECIALLY not Mexican. Even if it were the will of the people which I honestly can never see it being.

Yes, the US currency has come down quite a bit in the last 2 years. Want to see something interesting? Look at the change in the US trade deficit over the last 2 years. See a pattern?
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