Fucking Canadian economy.

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  • Paraskass
    Confirmed User
    • May 2002
    • 5829

    #1

    Fucking Canadian economy.

    Fucking weak american economy and stronger canadian economy.

    FUCKING analysts are saying the american dollar will be worth 1.15$ Canadian before the end of the year.

    WTF.
    Last edited by Paraskass; 09-15-2004, 07:20 PM.
  • dready
    Confirmed User
    • Oct 2002
    • 5247

    #2
    Damn!
    ICQ: 91139591

    Comment

    • Paraskass
      Confirmed User
      • May 2002
      • 5829

      #3
      Originally posted by dready
      Damn!
      where the fuck are those 1.60$ good ol' days.

      Comment

      • Spunky
        I need a beer
        • Jun 2002
        • 133978

        #4
        Work harder to make up the differance

        Comment

        • reynold
          Too lazy to set a custom title
          • Oct 2002
          • 51271

          #5
          we'll see...

          Comment

          • Number1Thumb
            Confirmed User
            • Feb 2003
            • 1135

            #6
            hmm my dollar is still worth a dollar, till such time I give fuck all....cheers

            Comment

            • LadyMischief
              Orgasms N Such!
              • Sep 2002
              • 18135

              #7
              Time to get Bush out of office? ;)

              ICQ 3522039
              Content Manager - orgasm.com
              [email protected]

              Comment

              • Radik
                Confirmed User
                • Sep 2003
                • 808

                #8
                it's no joke, it's causing me to consider markets I never thought I would need to enter..

                Nasty pron guys!

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                Comment

                • kenny
                  Confirmed User
                  • Mar 2002
                  • 7245

                  #9
                  Damn it! I knew I was getting less change back
                  7

                  Comment

                  • BrainDead
                    So Fucking Banned
                    • Dec 2003
                    • 1536

                    #10
                    let's all wait for that... if that's gonna happen!

                    Comment

                    • Vitasoy
                      GFY HALL OF FAME DAMMIT!!!
                      • Oct 2003
                      • 58202

                      #11
                      Originally posted by Paraskass

                      FUCKING analysts are saying the american dollar will be worth 1.15$ Canadian before the end of the year.

                      WTF.

                      That is something I don't want to see.


                      [email protected]

                      Comment

                      • crowkid
                        o.g. spammer
                        • Jan 2003
                        • 1240

                        #12
                        Originally posted by LadyMischief
                        Time to get Bush out of office? ;)
                        Yea, just go ahead and blame Bush..Even though you offer no solutions, just blame him, he's the guy who's to blame! Good job Scrappy! I'll be sending your Jr. Detective badge in the mail it should be there 5-6 business days!


                        (Offer only good through November 3rd.
                        Void where prohibited.
                        Must be 18 years or older to be accepted.
                        Please send $2.95 for postage and handling to:
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                        Canuck, Canada 7482348ftif8283f)

                        Comment

                        • TwinTone
                          Confirmed User
                          • Jun 2003
                          • 220

                          #13
                          Yep.. get Kerry in office and all our troubles will be over.. everything will be wonderful.. then when we least expect it.. there will be an attack that will make 911 look like an episode of the Teletubies.

                          Multi Homed Network - Amazing Service

                          Contact me [email protected]
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                          • Martin
                            "Assassins"
                            • Dec 2001
                            • 17274

                            #14
                            I know it SUCKS!

                            Comment

                            • xxxdesign-net
                              My hips don't lie
                              • Nov 2002
                              • 10129

                              #15
                              Originally posted by TwinTone
                              Yep.. get Kerry in office and all our troubles will be over.. everything will be wonderful.. then when we least expect it.. there will be an attack that will make 911 look like an episode of the Teletubies.


                              Looks like Cheney convinced at least one sheep...

                              Comment

                              • xxxdesign-net
                                My hips don't lie
                                • Nov 2002
                                • 10129

                                #16
                                Btw.. the fucking australian $ was higher than the can$ not too long ago.. now it dropped! Cant we do the same!??

                                Comment

                                • KCat
                                  Confirmed User
                                  • Sep 2002
                                  • 2204

                                  #17
                                  The exchange is killing me. My income has easily dropped $1000/month from the good ol' days.

                                  ~ 300+ FHGs, 100,000 pics to use plus a rockin' Video of the Day download! ~

                                  Comment

                                  • VeriSexy
                                    Join The Royal Family
                                    • Apr 2002
                                    • 25463

                                    #18
                                    Originally posted by TwinTone
                                    Yep.. get Kerry in office and all our troubles will be over.. everything will be wonderful.. then when we least expect it.. there will be an attack that will make 911 look like an episode of the Teletubies.
                                    And you think it won't happen with Bush?
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                                    • Tempest
                                      Too lazy to set a custom title
                                      • May 2004
                                      • 10217

                                      #19
                                      It sucks doesn't it.... I got $1.273 today... just before Bush started the Iraq war it was $1.55. Just one of the reasons he's in my "bad book". Bush is costing me tens of $1,000s a year in revenue. What a fuck up as far as managing the US economy. I could have bought another house or two with the money I've lost because of that idiot.

                                      Comment

                                      • FlyingIguana
                                        aspiring banker
                                        • Mar 2002
                                        • 10870

                                        #20
                                        Originally posted by Paraskass
                                        Fucking weak american economy and stronger canadian economy.

                                        FUCKING analysts are saying the american dollar will be worth 1.15$ Canadian before the end of the year.

                                        WTF.
                                        where are all those idiots who said to keep us dollars in a chequeing account until the rate got better?

                                        Comment

                                        • FlyingIguana
                                          aspiring banker
                                          • Mar 2002
                                          • 10870

                                          #21
                                          Originally posted by Tempest
                                          It sucks doesn't it.... I got $1.273 today... just before Bush started the Iraq war it was $1.55. Just one of the reasons he's in my "bad book". Bush is costing me tens of $1,000s a year in revenue. What a fuck up as far as managing the US economy. I could have bought another house or two with the money I've lost because of that idiot.
                                          even if gore got in, the us dollar was overvalued. might not have went down as much, but 1.55+ wasn't gonna last

                                          Comment

                                          • sixxxthsense
                                            Confirmed User
                                            • Aug 2004
                                            • 2419

                                            #22
                                            Originally posted by Paraskass
                                            Fucking weak american economy and stronger canadian economy.

                                            FUCKING analysts are saying the american dollar will be worth 1.15$ Canadian before the end of the year.

                                            WTF.
                                            swith sponsors to EUROS

                                            Comment

                                            • rickholio
                                              Confirmed User
                                              • Jan 2004
                                              • 1914

                                              #23
                                              Guys, guys, guys... you're looking at this all wrong.

                                              Okay, the exchange situation is a bad thing, granted. On an individual basis we'll feel the pinch, but if your margins are so razor-thin that the loss of conversion makes you go under, then chances are your business was already on its last legs and you needed to strike off in new directions anyways.

                                              There's a few things can be done to help cushion the blow here...

                                              * Start cutting deals with people who pay in euros. The euro has been gaining steadily over the last couple years and it looks as though it's going to continue. Ditto with the UKP, AUD, Yen, and Rupee... at least, all in comparison with the USD. Diversification is always the best method to mitigate risk.

                                              * Obtain a US funds account so you can perform your own currency speculation and sell when the CAD is down somewhat. There'll still be fluctuations even if it tops out at $1.15. Chances are it won't go any higher than that unless the US economy really starts to collapse on itself. Keep an eye on real estate... if that debt-bubble bursts, it'll be time to divest USD imo.

                                              * If you aren't already, start hosting in the US. As their dollar goes down, so does your hosting costs!

                                              For what it's worth, our economy has been powering along so well that even despite SARS, Mad Cow, and various illegal trade sanctions we've had yet another surplus year. The benefits of that are already being made manifest: witness today's historic agreement in big boosts for medicare.

                                              So as much as you spite the bush regime and disdain the fiscal devastation its leaving in its wake, you can take comfort in knowing that Canada as a whole will benefit from the situation.
                                              Last edited by rickholio; 09-15-2004, 09:03 PM.
                                              ~

                                              Comment

                                              • FlyingIguana
                                                aspiring banker
                                                • Mar 2002
                                                • 10870

                                                #24
                                                Originally posted by rickholio
                                                Guys, guys, guys... you're looking at this all wrong.

                                                Okay, the exchange situation is a bad thing, granted. On an individual basis we'll feel the pinch, but if your margins are so razor-thin that the loss of conversion makes you go under, then chances are your business was already on its last legs and you needed to strike off in new directions anyways.

                                                There's a few things can be done to help cushion the blow here...

                                                * Start cutting deals with people who pay in euros. The euro has been gaining steadily over the last couple years and it looks as though it's going to continue. Ditto with the UKP, AUD, Yen, and Rupee... at least, all in comparison with the USD. Diversification is always the best method to mitigate risk.

                                                * Obtain a US funds account so you can perform your own currency speculation and sell when the CAD is down somewhat. There'll still be fluctuations even if it tops out at $1.15. Chances are it won't go any higher than that unless the US economy really starts to collapse on itself. Keep an eye on real estate... if that debt-bubble bursts, it'll be time to divest USD imo.

                                                * If you aren't already, start hosting in the US. As their dollar goes down, so does your hosting costs!

                                                For what it's worth, our economy has been powering along so well that even despite SARS, Mad Cow, and various illegal trade sanctions we've had yet another surplus year. The benefits of that are already being made manifest: witness today's historic agreement in big boosts for medicare.

                                                So as much as you spite the bush regime and disdain the fiscal devastation its leaving in its wake, you can take comfort in knowing that Canada as a whole will benefit from the situation.
                                                nobody likes making less for the same work. after the kick in the nuts over the past year or so, this is like another kick.

                                                who the hell pays in euros? everything is so US $ based.

                                                Comment

                                                • rickholio
                                                  Confirmed User
                                                  • Jan 2004
                                                  • 1914

                                                  #25
                                                  Originally posted by FlyingIguana
                                                  nobody likes making less for the same work. after the kick in the nuts over the past year or so, this is like another kick.

                                                  who the hell pays in euros? everything is so US $ based.
                                                  We're all feeling the pinch, or at least everyone who earns in USD. We just have to adapt, either by expanding into other markets or into other industries.

                                                  I know it feels good to bitch about it, but it doesn't accomplish much. Better to turn that energy into new ways of earning and finding how to best exploit the weak USD.

                                                  Maybe this would be a good time for a call to get spammed by partners who pay in anything but USD...
                                                  ~

                                                  Comment

                                                  • reynold
                                                    Too lazy to set a custom title
                                                    • Oct 2002
                                                    • 51271

                                                    #26
                                                    let's just hope for the better.

                                                    Comment

                                                    • Steen2
                                                      Confirmed User
                                                      • Feb 2004
                                                      • 7662

                                                      #27
                                                      Originally posted by Number1Thumb
                                                      hmm my dollar is still worth a dollar, till such time I give fuck all....cheers
                                                      Lol, until you convert $1 = 10 yen? Still worth $1 ya know.
                                                      ICQ: 2262.73945

                                                      Comment

                                                      • SleazyDream
                                                        I'm here for SPORT
                                                        • Jul 2001
                                                        • 41470

                                                        #28
                                                        1.15 makes baby jesus cry
                                                        This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog!

                                                        Now read without the word dog.

                                                        Comment

                                                        • Tempest
                                                          Too lazy to set a custom title
                                                          • May 2004
                                                          • 10217

                                                          #29
                                                          So it was bugging me about what's "caused" this drop in the exchange rate.. so I just grabbed the exchange rates since Jan 2000 ($1.45) ... the rate was going up slightly.. 9/11 ($1.56) happened and there wasn't even a dip.. nada.. nice and steady.. a dip around Jul/02 but it gets back up to about the same level.. then.. Jan 28,2003 ($1.54) Bush does state of the union address where he says he's ready to attack Iraq without a UN mandate... the exchange rate starts to head down a bit.. sort of hard to tell for sure.. But war starts Mar 20th ($1.47) and the exchange heads on down "end of major combat" May 1 ($1.42) until about Mid June 20 ($1.34). Gone up and down a bit from there..

                                                          Data exchange rates I used were actually higher than what one would get at the bank.

                                                          I don't know.. When you see the graph over the last 3.5 years it seems pretty obvious that the war triggered the drop.

                                                          Comment

                                                          • Doctor Dre
                                                            Too lazy to set a custom title
                                                            • Jan 2001
                                                            • 51692

                                                            #30
                                                            Damn I really want my 1.50 back ... daaaamn
                                                            Originally posted by rayadp05
                                                            I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

                                                            Comment

                                                            • rickholio
                                                              Confirmed User
                                                              • Jan 2004
                                                              • 1914

                                                              #31
                                                              Originally posted by Tempest
                                                              So it was bugging me about what's "caused" this drop in the exchange rate.. so I just grabbed the exchange rates since Jan 2000 ($1.45) ... the rate was going up slightly.. 9/11 ($1.56) happened and there wasn't even a dip.. nada.. nice and steady.. a dip around Jul/02 but it gets back up to about the same level.. then.. Jan 28,2003 ($1.54) Bush does state of the union address where he says he's ready to attack Iraq without a UN mandate... the exchange rate starts to head down a bit.. sort of hard to tell for sure.. But war starts Mar 20th ($1.47) and the exchange heads on down "end of major combat" May 1 ($1.42) until about Mid June 20 ($1.34). Gone up and down a bit from there..

                                                              Data exchange rates I used were actually higher than what one would get at the bank.

                                                              I don't know.. When you see the graph over the last 3.5 years it seems pretty obvious that the war triggered the drop.
                                                              Do an overly graph of the exchange rate of CAD/USD against the cost of light crude oil per barrel at the same time...

                                                              ... and then check up on how much trade we do with the US in natural resources.
                                                              ~

                                                              Comment

                                                              • Tempest
                                                                Too lazy to set a custom title
                                                                • May 2004
                                                                • 10217

                                                                #32
                                                                Originally posted by rickholio
                                                                Do an overly graph of the exchange rate of CAD/USD against the cost of light crude oil per barrel at the same time...

                                                                ... and then check up on how much trade we do with the US in natural resources.
                                                                Too much work man. Took me longer to type the message than to get the data into Excel and make the graph.. Why don't you just "tell" me about it..

                                                                Besides, I'm sure things like crude oil prices etc. could also be attributed to the war. Or could be "spun" that way.

                                                                Comment

                                                                • daveylapoo
                                                                  Confirmed User
                                                                  • Dec 2003
                                                                  • 423

                                                                  #33
                                                                  Anybody tried this?

                                                                  http://www.xe.com/ucc/

                                                                  Been thinking about it for a while - It's a couple points better than the banks here.

                                                                  Comment

                                                                  • JFK
                                                                    FUBAR the ORIGINATOR
                                                                    • Jan 2002
                                                                    • 67369

                                                                    #34
                                                                    Originally posted by SleazyDream
                                                                    1.15 makes baby jesus cry
                                                                    makes me cry too

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                                                                    Comment

                                                                    • FlyingIguana
                                                                      aspiring banker
                                                                      • Mar 2002
                                                                      • 10870

                                                                      #35
                                                                      Originally posted by rickholio
                                                                      We're all feeling the pinch, or at least everyone who earns in USD. We just have to adapt, either by expanding into other markets or into other industries.

                                                                      I know it feels good to bitch about it, but it doesn't accomplish much. Better to turn that energy into new ways of earning and finding how to best exploit the weak USD.

                                                                      Maybe this would be a good time for a call to get spammed by partners who pay in anything but USD...
                                                                      who says i'm wasting energy complaining? i'm just stating facts...

                                                                      Comment

                                                                      • Phoenix
                                                                        BACON BACON BACON
                                                                        • Nov 2002
                                                                        • 35475

                                                                        #36
                                                                        man..that sucks...all so some fuck nut canmake more money on oil


                                                                        someone should cap his ass real soon
                                                                        Telegram PhoenixBrad
                                                                        https://quantads.io

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                                                                        • FlyingIguana
                                                                          aspiring banker
                                                                          • Mar 2002
                                                                          • 10870

                                                                          #37
                                                                          Originally posted by Tempest
                                                                          So it was bugging me about what's "caused" this drop in the exchange rate.. so I just grabbed the exchange rates since Jan 2000 ($1.45) ... the rate was going up slightly.. 9/11 ($1.56) happened and there wasn't even a dip.. nada.. nice and steady.. a dip around Jul/02 but it gets back up to about the same level.. then.. Jan 28,2003 ($1.54) Bush does state of the union address where he says he's ready to attack Iraq without a UN mandate... the exchange rate starts to head down a bit.. sort of hard to tell for sure.. But war starts Mar 20th ($1.47) and the exchange heads on down "end of major combat" May 1 ($1.42) until about Mid June 20 ($1.34). Gone up and down a bit from there..

                                                                          Data exchange rates I used were actually higher than what one would get at the bank.

                                                                          I don't know.. When you see the graph over the last 3.5 years it seems pretty obvious that the war triggered the drop.
                                                                          there was talk that the usd was gonna drop long before 9/11. it just made the process accelerate

                                                                          Comment

                                                                          • IYP_Mich
                                                                            Confirmed User
                                                                            • Jul 2004
                                                                            • 305

                                                                            #38
                                                                            I think all of us canadians working in this biz are unhappy with that too since we get us checks wich worthed a lot more money 3 years ago.
                                                                            Itsyourporn_Mich | ICQ: 295-217-701 | mich at itsyourporn dot com


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                                                                            • sherie
                                                                              Confirmed User
                                                                              • Feb 2002
                                                                              • 7020

                                                                              #39
                                                                              Originally posted by crowkid
                                                                              Yea, just go ahead and blame Bush..Even though you offer no solutions, just blame him, he's the guy who's to blame! Good job Scrappy! I'll be sending your Jr. Detective badge in the mail it should be there 5-6 business days!


                                                                              (Offer only good through November 3rd.
                                                                              Void where prohibited.
                                                                              Must be 18 years or older to be accepted.
                                                                              Please send $2.95 for postage and handling to:
                                                                              Dumb Canuck Fucks
                                                                              105 One-Road-Canada Drive
                                                                              Canuck, Canada 7482348ftif8283f)
                                                                              LOL Canuck Canada? I'll be sending your Jr. Geography badge in the mail, don't worry about the S & H - I got it covered. ;)
                                                                              AIM sherierocks
                                                                              ICQ 127-296-286
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                                                                              • CDSmith
                                                                                Too lazy to set a custom title
                                                                                • May 2001
                                                                                • 51460

                                                                                #40
                                                                                Originally posted by crowkid
                                                                                Canuck, Canada 7482348ftif8283f)
                                                                                Man that's one funky-assed long postal code. Holy shit. That must be one of those "special" postal codes I've heard so much about, and the people at Canada post won't talk about.
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                                                                                • FlyingIguana
                                                                                  aspiring banker
                                                                                  • Mar 2002
                                                                                  • 10870

                                                                                  #41
                                                                                  Originally posted by CDSmith
                                                                                  Man that's one funky-assed long postal code. Holy shit. That must be one of those "special" postal codes I've heard so much about, and the people at Canada post won't talk about.
                                                                                  think its for the igloo communities in northern labrador

                                                                                  Comment

                                                                                  • sherie
                                                                                    Confirmed User
                                                                                    • Feb 2002
                                                                                    • 7020

                                                                                    #42
                                                                                    Originally posted by FlyingIguana
                                                                                    where are all those idiots who said to keep us dollars in a chequeing account until the rate got better?
                                                                                    I'm one of those idiots. It has gone up and down. I have both US and CDN bank accts. Both business and personal. I exchange as I see fit. Seeing as tho I get paid in both US and CDN dollars I don't feel as tho I am an idiot. Quite frankly, I can survive just fine off the CDN bank account while my US accounts flourish. I use the US money when paying in US and my personal US account when going to the US or anywhere else that accepts US currency. IMO the idiots are the ones that solely rely on the US $.
                                                                                    AIM sherierocks
                                                                                    ICQ 127-296-286
                                                                                    Skype traffichor

                                                                                    Comment

                                                                                    • Goatse
                                                                                      Confirmed User
                                                                                      • Sep 2003
                                                                                      • 2086

                                                                                      #43
                                                                                      If you're not happy, just move to India or Thailand. You'll get more bang for your buck in a third World country. The days of 1.63 are long gone, and they won't return.

                                                                                      Comment

                                                                                      • kane
                                                                                        Too lazy to set a custom title
                                                                                        • Aug 2001
                                                                                        • 20684

                                                                                        #44
                                                                                        for some reason it seems wierd to me that people are bitching because their economy is strong.

                                                                                        Comment

                                                                                        • Phoenix
                                                                                          BACON BACON BACON
                                                                                          • Nov 2002
                                                                                          • 35475

                                                                                          #45
                                                                                          Originally posted by kane
                                                                                          for some reason it seems wierd to me that people are bitching because their economy is strong.
                                                                                          yeah but i get paid in american...so i have already seen a 20% decrease in my earnings..that is hard to make up...and if it drops again..it just sucks..lol
                                                                                          Telegram PhoenixBrad
                                                                                          https://quantads.io

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                                                                                          • Screaming
                                                                                            I can change this!!!!!
                                                                                            • Feb 2004
                                                                                            • 18972

                                                                                            #46
                                                                                            thats not cool at all

                                                                                            Comment

                                                                                            • FlyingIguana
                                                                                              aspiring banker
                                                                                              • Mar 2002
                                                                                              • 10870

                                                                                              #47
                                                                                              Originally posted by sherie
                                                                                              I'm one of those idiots. It has gone up and down. I have both US and CDN bank accts. Both business and personal. I exchange as I see fit. Seeing as tho I get paid in both US and CDN dollars I don't feel as tho I am an idiot. Quite frankly, I can survive just fine off the CDN bank account while my US accounts flourish. I use the US money when paying in US and my personal US account when going to the US or anywhere else that accepts US currency. IMO the idiots are the ones that solely rely on the US $.
                                                                                              how are you an idiot if in your business companies only pay in american dollars?

                                                                                              i thought it was funny when people said the rate would go back up when it never came close and is still dropping.

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