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-   -   Canadian dollar now worth MORE than greenback (https://gfy.com/showthread.php?t=772797)

TheMaster 09-30-2007 03:37 PM
a big problem is this disconnect from ordinary people's life, last Friday on Real Time with Bill Maher this financial host was explaining how it wasn't so bad:

summary: "it's a global economy and American companies also have operations abroad which are doing well, which is good for stock prices, so every American should buy stocks as an investment, since they outperforme every other financial asset"

in what lala-land is she living, people have trouble paying their morgage, paying their debts, paying for health care, paying for tuition, ... 10 million MORE poor people under Bush

Do you really think middle class and poor people have excess money left to be building their stock portfolio? Especially since it got wiped out when the tech bubble burst!

a scary list: Current account balance
https://www.cia.gov/library/publicat.../2187rank.html

guess where the US ranks

directfiesta 09-30-2007 04:08 PM
Quote:
Originally Posted by Barefootsies (Post 13166107)
You can start with their percentage of oil, and work from there..
It is even more then that now. Canada is the biggest supplier of crude oil and petrolium to the USA ... Plans of invasion are in the works ...

Quote:

Crude Oil Imports (Top 15 Countries)
(Thousand Barrels per Day)

Country Jul-07 Jun-07 YTD 2007 Jul-06 Jan - July 2006
CANADA 1,797 1,873 1,839 1,624 1,742
MEXICO 1,469 1,392 1,458 1,561 1,662
SAUDI ARABIA 1,434 1,501 1,421 1,264 1,400
VENEZUELA 1,167 1,135 1,117 1,191 1,161

------------------------------

Total Imports of Petroleum (Top 15 Countries)
(Thousand Barrels per Day)
Country Jul-07 Jun-07 YTD 2007 Jul-06 Jan - July 2006
CANADA 2,317 2,375 2,407 2,114 2,250
MEXICO 1,605 1,529 1,594 1,709 1,784
SAUDI ARABIA 1,436 1,534 1,443 1,313 1,442
VENEZUELA 1,357 1,364 1,356 1,467 1,455

http://www.eia.doe.gov/pub/oil_gas/p...nt/import.html

pocketkangaroo 10-01-2007 03:43 AM
Quote:
Originally Posted by TheMaster (Post 13165819)
a Congress that was under his party's control, a Congress that did everything he wanted, face it:
the Republicans caused this, this is what you get when you
a) make it legal for corporations to donate to candidates (in Europe and probably most of the world this is illegal and called bribery/corruption)
b) elect a party that hates government, they will run it, so it indeed will not work, don't you people wonder why a lot of stuff (health care, pensions, ...) run by government does work in so many countries
c) have an electorate that is so stupid that it gets bend out of shape over a fucking blowjob

Bush's Medicare deal is a clear example of this corruption: big pharma wrote that bill! Saw this docu about it, made me wanna puke.

PS: don't forget what fascism is really about: forget the racism, that's to make the medicine go down, just like "family values", the true core is economical: it's a system where government and business are in bed together on the expense of the general populace.
I'm not disagreeing with you. But you're making it out like the Republicans are the horrible people and the Democrats are saviors who do nothing wrong. They both are fucking crooks. Democrats got voted in by people wanting to stop this war, the corruption, and the spending. They stopped none of it. They spend up the ass, they let Bush do what he wants, and they have a bunch of fucking crooks in Congress.

I'm just saying that it doesn't matter whether it's a Dem or Republican. They are all crooks that would slit your throat if they felt it could get them an extra vote.

yahoo-xxx-girls.com 10-01-2007 03:48 AM
directfiesta... fuck you sound like a retard... why is it that every little bump in the US economy has someone pointing to starting a war somewhere?

.

Gentle_Ben 10-01-2007 03:56 AM
long live the Beaver Buck!

pocketkangaroo 10-01-2007 04:01 AM
Quote:
Originally Posted by GreyWolf (Post 13166585)
Na.. contrary to what you think - this is not crap about making countries look bad. It's about probably the biggest international debt problem on the planet and having mechanisms in place to begin to repay that debt and while currency remains under pressure - it's more serious than just country bullshit and can seriously affect millions of US people (who never played a role in this) and others elsewhere. OK, enough - I'm staying well clear :)
I agree with a lot of the stuff you say. My stating your objectionism was simply based on the fact that almost every post you make is negative toward the US. Just as someone like DaddyHalbucks is going to make every post positive toward the US. Whether the opinion is right or wrong of the person, there is still an agenda behind it. I'm not into the nationalism stuff, so I don't really look at things like you guys do.

I think we're in store for some bumpy roads. And when I say we, I mean most of the planet. It's really a global economy we play in these days, and any economic problems in the US will have a severe impact on the world.

LadyMischief 10-01-2007 04:46 AM
There are several reasons for the parity... and it's not just the US economy sucking. The Canadian dollar has now been linked with oil, and as commodity prices rise for resources Canada is wealthy in, the dollar will go up. Canada has the second largest oil deposit in the world next to Saudi Arabia, and their supply is NOT infinite. :(

Cman 10-01-2007 09:53 AM
I wish it would go back down. I too enjoyed the free money on the exchange.

Quote:
Originally Posted by D (Post 13162439)
I think we made fun of it not because of its worth... but because of all the monopoly-esque colors used in its printing. :winkwink:
Even though every currency in the world is "colorful monopoly money", other than the USD. When will Americans ever learn about the world outside your country?

Black Dog 10-01-2007 10:14 AM
Things are worse than we thought. Have you seen the new US bills?

http://www.webcamcash.com/stuff/GFY/us_peso.jpg


Barry


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