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-   -   Canadian Dollar hits 30 year high (https://gfy.com/showthread.php?t=734478)

Myst 05-18-2007 06:24 PM

Canadian Dollar hits 30 year high
 
Dammit.. :(

Spunky 05-18-2007 06:25 PM

The good ole days are long gone :(

Tempest 05-18-2007 06:36 PM

Fuck... I can't believe how much money I've lost because of that fuckwad in the whitehouse.. I SOOO yearn for the days of 1.5

Evil Chris 05-18-2007 06:41 PM

Harper's minority government is making it work too well, and meanwhile Bush is flushing the US economy down the john.

EBORG9 05-18-2007 06:54 PM

Wow...when the Canadian Dollar catches up, it's time to either get scared or pissed.
That is the equivalent of Al Sharpton getting beat by O.J. Simpson in a popularity poll.

Humpy Leftnut 05-18-2007 06:55 PM

Do we really have to wait till 2008?

Tempest 05-18-2007 07:03 PM

Quote:

Originally Posted by Evil Chris (Post 12455221)
Harper's minority government is making it work too well.

It started well before Harper and in fact he's had shit all to do with it.. It's been the US war in Iraq almost exclusively and to some extent the reduction of the deficit by the liberals over the last 10+ years.

If you look at the exchange rate graph, from the day Bush announced they were going to war in Iraq, the exchange rate started to drop. As the war has continued and the US economy has grown worse etc., the war has brought on the demand for oil from other places, like Alberta.. Which has improved our economy... So we've been double hit with our economy improving and theirs going down... Fuck me....

Evil Chris 05-18-2007 07:23 PM

Quote:

Originally Posted by Tempest (Post 12455288)
It started well before Harper and in fact he's had shit all to do with it.. It's been the US war in Iraq almost exclusively and to some extent the reduction of the deficit by the liberals over the last 10+ years.

If you look at the exchange rate graph, from the day Bush announced they were going to war in Iraq, the exchange rate started to drop. As the war has continued and the US economy has grown worse etc., the war has brought on the demand for oil from other places, like Alberta.. Which has improved our economy... So we've been double hit with our economy improving and theirs going down... Fuck me....

You're partly right. Remember however that you live in BC which isn't the "real world" for Canadians. You need to be in Ont or QC to know what's really going on in Canada. hehehe..

Harper is doing a great job with Canada/Quebec relations, which in turn eventually creates an atmosphere of confident spending, driving the economy in the right direction. Couple that with some nice Paul Martin economics from the past and Geo W blowing the American bank and you have a strong Canadian dollar.

Tempest 05-18-2007 07:34 PM

Quote:

Originally Posted by Evil Chris (Post 12455344)
... you live in BC which isn't the "real world" for Canadians...

:321GFY :321GFY :321GFY :winkwink:

Quote:

Originally Posted by Evil Chris (Post 12455344)
Harper is doing a great job with Canada/Quebec relations

I'll give you that...

As for anything else "Harper" related, it depends. Being he doesn't have the full reins, anything he "claims" he's done has to be looked at in terms of how much he's had to compromise and which of the other groups have had their say as well. Quite frankly, I'd almost prefer that we allways have minority governments.. It makes them work together which is what government should be IMO.

woj 05-18-2007 10:08 PM

sucks to be Canadian, heh

TimBlaze 05-18-2007 10:13 PM

yea CANADA STAND UP

SLOWDOWN ILL CUM TOO FAST 05-18-2007 10:18 PM

We should start making money in Euros that will still convert nice for us canadians;) time to look for european sponsors

Dirty Dane 05-18-2007 10:20 PM

dollars really sucks now

Spunky 05-18-2007 10:23 PM

Quote:

Originally Posted by Evil Chris (Post 12455344)
You're partly right. Remember however that you live in BC which isn't the "real world" for Canadians. You need to be in Ont or QC to know what's really going on in Canada. hehehe..

And what is really going on?.Alienation and arrogance?

psili 05-18-2007 10:28 PM

Granted, I'd be snapped if I lived by another country's currency and that currency was going down the shitter due to exchange rates and whatnot ....

But....

What the fuck are you people complaining about again?

The Sultan Of Smut 05-19-2007 12:06 AM

Quote:

Originally Posted by psili (Post 12455774)
What the fuck are you people complaining about again?

We're complaining about the 30% pay cut :(

CDSmith 05-19-2007 12:11 AM

http://finance.yahoo.com/currency/co...submit=Convert

Christ it's almost at par. :(

Webby 05-19-2007 12:11 AM

Quote:

Originally Posted by Humpy Leftnut (Post 12455264)
Do we really have to wait till 2008?

Before the dollar is worth banking?? Na... far longer than 2008, more like ten years.

Myst 05-19-2007 12:22 PM

Quote:

Originally Posted by The Sultan Of Smut (Post 12455996)
We're complaining about the 30% pay cut :(

at least.. :disgust

Casa Nova 06-04-2007 12:50 PM

I had to bump this thread because Today it once again surpassed Its previous mark when this original post was put up! Today it hit 94.59 U.S. cents, and economists are predicting that by as early as next year that it will be trading at par with the US Dollar & even surpass at 1.04 in 2 years, I heard this on the news today. Looks like alot of people are going to be losing money in this industry and possibly jobs if the dollar keeps rising...

RuthB 06-04-2007 12:53 PM

Quote:

Originally Posted by Casa Nova (Post 12543136)
I had to bump this thread because Today it once again surpassed Its previous mark when this original post was put up! Today it hit 94.59 U.S. cents, and economists are predicting that by as early as next year that it will be trading at par with the US Dollar & even surpass at 1.04 in 2 years, I heard this on the news today. Looks like alot of people are going to be losing money in this industry and possibly jobs if the dollar keeps rising...

for fucks sake

argh, I guess we should be happy that our country is doing so well economically but for some reason I'm just not feeling it :helpme :Oh crap

Bomber8888 06-04-2007 12:54 PM

Bush needs to be thrown out of office for good!

thehand 06-04-2007 12:56 PM

Quote:

Originally Posted by Tempest (Post 12455207)
Fuck... I can't believe how much money I've lost because of that fuckwad in the whitehouse.. I SOOO yearn for the days of 1.5


I remember cashing affiliate checks @ $1.58 those were the days. I moved from that icebox when it hit $1.20.

Jman 06-04-2007 12:57 PM

Back in 05 I remember posting a link to a financial site where a study claimed by 07 us to can would pretty much be equal.

Bunch of GFY'ers laughed....

If only we'd be taxed at the same % of americans it would be ok but in Quebec with the exchange and the bracket I fall into it's really not fun to have to change lifestyle to adapt :-(

jono 06-04-2007 12:57 PM

Nice. shame the US Dollar sucks so much :(

royaljelly2 06-04-2007 12:58 PM

end of the year, it'll be on par~!

dready 06-04-2007 01:00 PM

yep, parity by the end of the year. :(

webgurl 06-04-2007 01:04 PM

maybe it will hit before the end of this year ,
Today yahoo rate with USD=CND is
1.0546 . Bank rate will give u about 1.0389 ....

edgeprod 06-04-2007 01:10 PM

Quote:

Originally Posted by Tempest (Post 12455207)
Fuck... I can't believe how much money I've lost because of that fuckwad in the whitehouse.. I SOOO yearn for the days of 1.5

You can't blame Clinton for EVERYTHING ... granted, his policies are STILL costing us money, but not EVERYTHING is his fault. Some of it is STILL Carter.

:2 cents:

madawgz 06-04-2007 01:12 PM

fuck sakes, this sucks :(

RawAlex 06-04-2007 01:31 PM

Yup... run away... par is about a week away, depends how quickly the bank of canada raises interest rates. .25% more and the canadian dollar will equal or pass the US dollar.

The faster Bush gets out of office, the fast this shit will stop. This is truly painful to watch.

Kevsh 06-04-2007 01:48 PM

Fuck me, I should just take the hit and convert it all to CDN now .. it's not like I'm ever going to spend or invest the money in America anyway.

:(:(:(


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