SPLN SUX Posted October 4, 2007 Report Share Posted October 4, 2007 Since when is the Canadian dollar STRONGER than the US dollar?!?!?! Last time I knew the Canadian dollar was only worth $0.78... i sell some car parts to a guy in Canada today and find out that he's actully giving me $648CAD to the $651US... Geezeusehitchcryst... our country has gone down the fuckin toilet. Quote Link to comment Share on other sites More sharing options...
Akula Posted October 4, 2007 Report Share Posted October 4, 2007 about two weeks ago hey equalled I go to London every month, the pound costs $2. that's right, everything there is twice as much. Lunch at McDonalds is 5.99, but in reality that is $12. Quote Link to comment Share on other sites More sharing options...
Doug1647545489 Posted October 4, 2007 Report Share Posted October 4, 2007 Welcome to a few weeks ago. Quote Link to comment Share on other sites More sharing options...
Oo0martelle0oO Posted October 4, 2007 Report Share Posted October 4, 2007 Yeah with all the money we spend on dump shit in this country it surprises you? Quote Link to comment Share on other sites More sharing options...
OSUGT Posted October 4, 2007 Report Share Posted October 4, 2007 about two weeks ago hey equalled I go to London every month, the pound costs $2. that's right, everything there is twice as much. Lunch at McDonalds is 5.99, but in reality that is $12. If lunch costs 5.99 here, wouldnt it be about 3.00 pounds in England? Quote Link to comment Share on other sites More sharing options...
Skinner Posted October 4, 2007 Report Share Posted October 4, 2007 If lunch costs 5.99 here, wouldnt it be about 3.00 pounds in England? no its 6 pounds there which equal 12 dollars here. Quote Link to comment Share on other sites More sharing options...
OSUGT Posted October 4, 2007 Report Share Posted October 4, 2007 no its 6 pounds there which equal 12 dollars here. Right, but 6 dollars here would be 3 pounds there. I think we are saying the same thing. Maybe I just misunderstood his comparison. EDIT: My bad, he was saying lunch cost 5.99 in London. I just had McD's for 6 bux today and thought he was talking about here in the states. I'll shut up now:) Bottom line...DOLLAR IS WEAK! Guess that Fed Cut will stimulate the economy, but inflation is always a worry. Quote Link to comment Share on other sites More sharing options...
Miller Posted October 4, 2007 Report Share Posted October 4, 2007 Fuck Degrassi Quote Link to comment Share on other sites More sharing options...
Mallard Posted October 4, 2007 Report Share Posted October 4, 2007 Right, but 6 dollars here would be 3 pounds there. I think we are saying the same thing. Maybe I just misunderstood his comparison. EDIT: My bad, he was saying lunch cost 5.99 in London. I just had McD's for 6 bux today and thought he was talking about here in the states. I'll shut up now:) Bottom line...DOLLAR IS WEAK! Guess that Fed Cut will stimulate the economy, but inflation is always a worry. The dollar is falling because the national debt is skyrocketing. Now other companies are buying up that debt like crazy. It's a scary thought that China is the number one holder and has the potential to have a lot of influence on the US economy. Quote Link to comment Share on other sites More sharing options...
Conesmasher Posted October 4, 2007 Report Share Posted October 4, 2007 Well, if the dollar get's cheap..........at least we'll get some jobs!! Quote Link to comment Share on other sites More sharing options...
Tractor Posted October 4, 2007 Report Share Posted October 4, 2007 Exactly Conesmasher, and alot of people are thinking thats exactly what the fed is trying to do. That and cause the debt to lower due to a lower dollar value. Also the low interest rates and the recent lowering of rates by the fed effected the dollar much more than national debt ever could. This should definately cause manufactures to get some more foreign orders than they normally would which is great for our situation. Evan Quote Link to comment Share on other sites More sharing options...
Mallard Posted October 5, 2007 Report Share Posted October 5, 2007 Exactly Conesmasher, and alot of people are thinking thats exactly what the fed is trying to do. That and cause the debt to lower due to a lower dollar value. Also the low interest rates and the recent lowering of rates by the fed effected the dollar much more than national debt ever could. This should definately cause manufactures to get some more foreign orders than they normally would which is great for our situation. Evan HUH? A dollar is a dollar, so unless our government converted a bunch of cash to Euro a while ago there's no way that's making the debt lower. Plus, our debt accumulates interest, just like anything else. The value of the dollar was dropping long before the fed rate cut. The national debt is now $9 trillion. http://mwhodges.home.att.net/federal-debt-dollars.gif http://home.att.net/~mwhodges/debt.gif http://home.att.net/~mwhodges/debt-foreign-share.gif http://mwhodges.home.att.net/fedcomp.gif http://mwhodges.home.att.net/interest.gif Quote Link to comment Share on other sites More sharing options...
Bigbird Posted October 5, 2007 Report Share Posted October 5, 2007 Fuck Degrassi LMAO!! Did you just go there?? Whats worse? That you said it, or that I know what you're talking about? Quote Link to comment Share on other sites More sharing options...
V8 Beast Posted October 5, 2007 Report Share Posted October 5, 2007 I feel sorry for my great grand children Quote Link to comment Share on other sites More sharing options...
Akula Posted October 5, 2007 Report Share Posted October 5, 2007 The prices look the same in England, 5.99GBP for the big mac meal... but in US it is $12. yes, $6 is 3 pounds which will buy you 1/2 a pint of beer. Quote Link to comment Share on other sites More sharing options...
Bam Posted October 5, 2007 Report Share Posted October 5, 2007 I feel sorry for my great grand children Shit, I feel bad for my daughter, and somewhat for myself, In 50 years when I want to retire, who knows what the world will be like, or if we'll even have an economy to speak of. Maybe that's radical, but its real and there's no end in sight. Quote Link to comment Share on other sites More sharing options...
dragknee66 Posted October 5, 2007 Report Share Posted October 5, 2007 ^ which is why Im not going to bother having kids.. Quote Link to comment Share on other sites More sharing options...
Mowgli1647545497 Posted October 6, 2007 Report Share Posted October 6, 2007 Bring on the weak dollar. Not too weak, but abit weak is fine by me for oh, say, the next 5 years. Suck it, India. Thanks. Quote Link to comment Share on other sites More sharing options...
Guest 78novaman Posted October 6, 2007 Report Share Posted October 6, 2007 This is not a US only issue. If you take a look at the conversion to Euros, the dollar is almost the same. The Canadian dollar, British Pound, and a few other currencies are pulling ahead of the US Dollar and Euro. I'm not sure why that's the case. Quote Link to comment Share on other sites More sharing options...
Mallard Posted October 8, 2007 Report Share Posted October 8, 2007 This is not a US only issue. If you take a look at the conversion to Euros, the dollar is almost the same. The Canadian dollar, British Pound, and a few other currencies are pulling ahead of the US Dollar and Euro. I'm not sure why that's the case. I don't know how you can say that when the US dollar is trading at a near all time low againt the Euro. http://finance.yahoo.com/charts#chart1:symbol=usdeur=x;range=5y;charttype=line;crosshair=on;logscale=on;source=undefined Quote Link to comment Share on other sites More sharing options...
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