Quote:
Originally posted by Suckitbitch
No radio or mainstream financial media flopdick can account for this year's drop in exchange rates.
This year was the biggest drop ever. Going back over the entire history of the exchange rate, this type of change, upwards or downwards has never happened, it takes at least 7-10 years to acheive.
This kind of drop was considered implausible up until now. So now that all traditional forcasting is useless, what do you think will happen over the next 6 months?
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It's going to go on and on. It's an economic fundamentals thing, not something that will balance out and reach "equilibrium" just because it's moved "enough".
The C$ was sliding for what, 30 years or something? The whole time the pundits were telling us that it would stop/turn around by the "end of next year"
