Quote:
Originally posted by Jay[neX]
Wrong. The CAD is gonna keep rising untill it surpases the USD. Give it about 12-16 months. Bookmark this thread if you have to, but it's gonna happen and everyone who kept USDs hoping it'd go up again are gonna feel sorry.
All the information available is out there. Go read and learn about economics and why that shit's gonna go down.
Everyone can pretend that the problem won't get worse, denying the ovbious truth.
Canada's exports make for roughly 41% of our GDP, so we will get hit by a falling US economy, but not as hard as them. So in the end, the CAD will be worth more, or about the same as the USD.
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True if the Canadian economy keeps buzzing away, the US dollar will be worth less than Canadian dollar. Maybe within 2 years.