CDN Dollar hits 14 year high :(

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  • BradM
    Confirmed User
    • Dec 2003
    • 3397

    #1

    CDN Dollar hits 14 year high :(

    http://www.cbc.ca/story/business/nat...ar-051205.html
  • Kevsh
    Confirmed User
    • Dec 2004
    • 8619

    #2
    I keep waiting for a stronger US dollar as my cheques (or for you Americans "checks") keep getting smaller ... not very good news, unless I'm traveling to the US or buying something online

    Comment

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

      #3
      I just hope $ would stabilize again by next year..

      Comment

      • mkx
        Confirmed User
        • Nov 2003
        • 4001

        #4
        same here. bad news

        Comment

        • RawAlex
          So Fucking Banned
          • Oct 2003
          • 9465

          #5
          We have another couple of years of the "bush revolution" to live through before anyone is going to be interested in investing in the US and buying the US currency. Until then, IMHO, things are not going to get much better... sadly.

          Alex

          Comment

          • AlternaGirls
            Registered User
            • Jun 2005
            • 66

            #6
            Yeah, it sucks in that regard, but at least I pay all my server and domain bills in USD and save on my monthly expenses...

            Comment

            • sherie
              Confirmed User
              • Feb 2002
              • 7020

              #7
              Bummer!!!
              AIM sherierocks
              ICQ 127-296-286
              Skype traffichor

              Comment

              • pr0
                rockin tha trailerpark
                • May 2001
                • 23088

                #8
                the dollar will once again reign supreme, give it time

                we're like rome, right now we're spread a little thin with conquest in our eyes
                __________
                Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

                Comment

                • buddyjuf

                  #9
                  Fuck Fuck Fuck!!!

                  I hate Being paid in US$

                  Comment

                  • DirtyRider
                    Confirmed User
                    • Feb 2003
                    • 819

                    #10
                    Man, I'm shit waiting for prices to go down on shit so I wouldn't have to shop in the states.
                    hello

                    Comment

                    • rickholio
                      Confirmed User
                      • Jan 2004
                      • 1914

                      #11
                      Originally posted by pr0
                      the dollar will once again reign supreme, give it time

                      we're like rome, right now we're spread a little thin with conquest in our eyes
                      You do realize that rome fell, right? The mongols and the moors came and kicked thier asses after they got stretched too thin.

                      Those who ignore history...
                      ~

                      Comment

                      • pornguy
                        Too lazy to set a custom title
                        • Mar 2003
                        • 62912

                        #12
                        We have watched the peso in mexico drop again over the last month. we are at 10.40 to 1
                        PornGuy skype me pornguy_epic

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                        • ZoiNk
                          Confirmed User
                          • Feb 2002
                          • 2370

                          #13
                          Originally posted by pr0
                          the dollar will once again reign supreme, give it time

                          we're like rome, right now we're spread a little thin with conquest in our eyes
                          What happened to the mighty Roman empire though? Looks like the Euro is going to be the new king.

                          ZoiNk
                          "People can have the Model T in any color - so long as it's black." - Henry Ford

                          Comment

                          • leedsfan
                            leedsfan
                            • Jul 2002
                            • 2564

                            #14
                            china fucked the us, by stopping to lend them 2 billion a day. Dont blame them, no way they'll ever pay them back. Kinda like the US used to lend to south american and african countries.

                            I wonder how long before the canadian dollar is worth more than the US dollar? Want to take bets now? I say 9 months.


                            We just discovered huge limestone deposits that will create huge wealth in canada. Not to mentiion that canada is now the 4th largest holder of oil in the world, now that they can make money on the oil pits in alberta. Bad news for the rest of canada is that with alberta being dug up we have to put up with displaced albertans. haha
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                            Comment

                            • webgurl
                              Confirmed User
                              • Aug 2002
                              • 7954

                              #15
                              Originally posted by leedsfan

                              I wonder how long before the canadian dollar is worth more than the US dollar? Want to take bets now? I say 9 months.

                              Well i doubt 9 months but if that day comes where the US is worth less than our dollars what a nightmare

                              Comment

                              • rickholio
                                Confirmed User
                                • Jan 2004
                                • 1914

                                #16
                                Originally posted by RawAlex
                                We have another couple of years of the "bush revolution" to live through before anyone is going to be interested in investing in the US and buying the US currency. Until then, IMHO, things are not going to get much better... sadly.

                                Alex
                                A chart I saw the other day sums it up pretty well:



                                In a nutshell:

                                Clinton years, more GDP growth than debt accumulated indicating real growth. Economic expansion and times o' plenty. Remember the 90s?

                                Bush years, and we're talking the exact same year bush gets in, debt outstrips growth and hasn't gone into the positive side since. GDP gains look marvellous but gains are debt-fueled and any real growth is subsumed by the debt.

                                And the real kicker? Median household income in Canada is ~$56k/year. The median household income in the US is ~$44k/year, which is ~$51.5k/year canadian. How messed up is that?
                                Last edited by rickholio; 12-05-2005, 05:22 PM.
                                ~

                                Comment

                                • Linguist
                                  Confirmed User
                                  • Apr 2004
                                  • 1706

                                  #17
                                  Another cut in the paycheck


                                  Oh well, I guess gotta work harder to make up for the lost %
                                  315-310

                                  Comment

                                  • shann
                                    Confirmed User
                                    • Jan 2002
                                    • 896

                                    #18
                                    mother fucker!
                                    Don't you know who I think I am?

                                    Buy my shirts or i'll punch you in the nutz, TWICE!
                                    www.dirtybishes.com

                                    Comment

                                    • rickholio
                                      Confirmed User
                                      • Jan 2004
                                      • 1914

                                      #19

                                      ~

                                      Comment

                                      • Rinaldo
                                        Confirmed User
                                        • Sep 2003
                                        • 5086

                                        #20
                                        stop bitching and cash into US $

                                        Comment

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