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Originally Posted by AllStar
Something is going on here with the big guys.
Canada has 30 million people and the rate has changed over 40% in the last 5 years.
China has 1.6 billion people and the dollar to Chinese Chingy has changed only 4% in the last 5 years...
Come the fuck on a country of 30 million people is economically stronger then a country of 1.6 billion...
Think about what the fuck is going on here.
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Natural resources (ie, oil) have been driving the Canadian side of the equation... only by a small margin though.
The main thing is an unprecedented devaluation of the US dollar by the US government. If I was a currency speculator I think I'd be buying Iraqi dinar's before buying the US dollar.