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Old 09-30-2007, 04:21 PM   #1
pr0
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Man i wish i had bought 3million canadian bills.

5 years ago.........

congrats Canada...your $ is officially worth more than ours
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Old 09-30-2007, 05:04 PM   #2
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Old 09-30-2007, 05:11 PM   #3
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Seems to me that I recall many die hard "America is the best" people saying that it would just never happen.

I should have bookmarked those posts.
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Old 09-30-2007, 05:15 PM   #4
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I for one am happy. Promoting other people's websites ain't my primary focus, i only have few affiliate links on a couple of smaller sites. Majority of my income is from local sites that do business in canadian dollars. Yeehaa :D
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Old 09-30-2007, 05:35 PM   #5
GreyWolf
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Quote:
Originally Posted by pr0 View Post
5 years ago.........

congrats Canada...your $ is officially worth more than ours
Well... five years ago you could have invested in the Canadian markets which have delivered a 60% return during that time.

But.... the main benefit is that if you used US dollars for this investment - you would actually have gained 120% during that same time when reduced dollar value is taken into account.
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Old 09-30-2007, 05:44 PM   #6
Matt 26z
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If the USD gets low enough, couldn't that help US exports?

Doesn't China purposely keep their currency low for this reason?
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Old 09-30-2007, 06:00 PM   #7
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If the USD gets low enough, couldn't that help US exports?

Doesn't China purposely keep their currency low for this reason?
Sure.. it will help some industries and anyone who wants to buy eg land assets etc, but generally there is little to offer via exports. US manufacturing industry has been depleting for years now and there is more a reliance on importing. A positive trade balance is something which last happened decades ago.
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Old 09-30-2007, 06:23 PM   #8
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1 Canadian dollar = 1.001001 U.S. dollars

Thank you George W. Bush.
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Old 09-30-2007, 06:25 PM   #9
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wow go canada lol. I think the dollar will pick up tho. Just give it time
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Old 09-30-2007, 06:30 PM   #10
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wow go canada lol. I think the dollar will pick up tho. Just give it time
January 18, 2009.

and if/when the US ever fucking pulls out of iraq.
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Old 09-30-2007, 06:38 PM   #11
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January 18, 2009.

and if/when the US ever fucking pulls out of iraq.
By that time they might be knees deep in some other war

The dollar will eventually pick up again to what it used to be ... when? maybe in 2,3,4,5 ...10 years? nobody knows
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Old 09-30-2007, 07:00 PM   #12
Yngwie
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1 Canadian dollar = 1.001001 U.S. dollars

Thank you George W. Bush.
Monday, October 1, 2007

1 US Dollar = 0.99290 Canadian Dollar

just thought I'd do the reverse haha
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Old 09-30-2007, 07:07 PM   #13
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I don't know how many times in the past 10 years I've read wisecracks from several Americans on the boards about our dollar's value. I'd mention our lotto 6/49 is up to $30 million and some wiseass would say "That's Canadian, what's that worth in REAL money, $27.50?"

Thing is 1. I miss those days, and let the wisecracks slide because I was laughing all the way to the bank. I'd transfer $1000 USD to my Canadian savings account and would get over $1500 for it. Ahhh, insult my money all you want fuckersss. :D

and 2. I can remember a time (back in the early 70's) when the Canadian dollar was worth $1.10 US. As a kid I remember exchanging money at the hotel front desk in Grand Forks and always getting to keep the extra dime our money was worth.


Nowadays I'm just not too thrilled at all about our money being at par.
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Old 09-30-2007, 08:15 PM   #14
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True the value of the dollar is going down, but at least now you can afford to buy our stuff.
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Old 09-30-2007, 08:27 PM   #15
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True the value of the dollar is going down, but at least now you can afford to buy our stuff.
The only stuff on offer is the snorting kind and don't use that Otherwise there is no stuff...
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Old 09-30-2007, 08:29 PM   #16
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Congrats.. I guess.
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Old 09-30-2007, 09:36 PM   #17
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Sigh..........
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Old 10-01-2007, 03:17 AM   #18
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I think terrorists already have won .. isn't it?
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