$1 USD = $1.04 CAD

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Evadman

Administrator Emeritus<br>Elite Member
Feb 18, 2001
30,990
5
81
Originally posted by: FoBoT
You want me to buy some maple syrup? some back bacon? i'll do my part, i :heart: pancakes

You win the thread.

Originally posted by: Kelvrick
Oh shit, soon they'll have two tanks.

You take runner up.
 

91TTZ

Lifer
Jan 31, 2005
14,374
1
0
Originally posted by: jpeyton
The US dollar is in a free-fall right now, with the Euro and Pound reaching record highs against it.

The US voters will reap what they sow.


I didn't vote for him, why should I pay?

And is it surprising that lowlife redneck scum with no money management skills votes for a redneck that has no money management skills?
 

91TTZ

Lifer
Jan 31, 2005
14,374
1
0
Originally posted by: Goosemaster
Originally posted by: FoBoT
this is truly embarrassing :eek:

enough for people to do something about it?

The poor and uneducated breed faster than the rich and educated. It's only going to get worse. They're the majority and they'll vote for some backwards nedneck who doesn't believe in evolution and relies on faith to get him through instead of a well thought-out plan.
 
Feb 19, 2001
20,155
23
81
Originally posted by: Hacp
Originally posted by: ElFenix
Originally posted by: redly1
Originally posted by: Hacp
Originally posted by: Hyperblaze
This is what the US gets when they spend a lot more money then it has....

you can thank the "war on terror" for this.

Its more like Bush is letting the dollar freefall to help US exports, while hurting consumers.

gotta protect what got him elected

:confused:

making the dollar fall will (hopefully) force the chinese to float the yuan. and (hopefully) the japanese float the yen. with respect to other places, greater exports should help drive jobs back to the US, including service and manufacturing (as US labor becomes more competitive on the world market).

While at the same time, effectivly reducing our real wages. Also, service and manufacturing jobs won't come back. They work for pennies to the dollar over in India/China.

They belong overseas. It's just a phase. Why would this reduce our real wages? Are you just pulling crap out of your butt? Manufacturing jobs will always move to cheaper areas, and if you think American manufacturing has an edge, then show me. However, you can be confident that defense and medical industries will stay in the US. That is why I'm in the medical devices business :). Stop whining about outsourcing. Even if you're referring to EE and CS jobs. Bachelors degrees don't cut it anymore. You had security back in the 80s and 90s, but not anymore. Without an MS or PhD you're a nobody in this technical world.

As for manufacturing.. since when was manufacturing a highly regarded job anyways? I could care less about this nation losing blue collar workers to overseas. It just means everyone needs to get a freaking education.
 

BCYL

Diamond Member
Jun 7, 2000
7,803
0
71
Originally posted by: jfall
Really sucks for me, I work for a US company but live in Canada. I get paid in USD. Taking a big loss right now. The worst part is that my bank gives me less than the post rate, so I'm only getting ~2 cents on the dollar

I was in the same situation, and my savings are still in US dollar... no way I am converting them back to CDN until the rate comes back up...
 

pradeep1

Golden Member
Jun 4, 2005
1,099
1
81
The US Dollar has been weakening for the past few months against most major and minor currencies. It is really putting the squeeze on imported products. Of course it has not moved much against the Chinese Yuan, go figure.
 

Aquaman

Lifer
Dec 17, 1999
25,054
13
0
Originally posted by: rh71
good, I was getting worse at math anyway.

Give me your US monies :evil: (collecting them for the time the Cdn Dollar dips back down to 75 cents :(........ which I hope is a long time )

Cheers,
Aquaman
 

Kelvrick

Lifer
Feb 14, 2001
18,422
5
81
Originally posted by: Goosemaster
Originally posted by: Evadman
Originally posted by: Kelvrick
Oh shit, soon they'll have two tanks.

You win the thread.

aye...that line/topic has only shined twice.

the first time, and now.

*tear

Thank you, thank you all. I was sitting there ignoring the emails and phonecalls at work when I saw this thread and it just hit me. I tried to get first reply, but that other bastard baghead got to it before I did.
 

0roo0roo

No Lifer
Sep 21, 2002
64,795
84
91
good.

i'm tired of seeing bland canadian cities trying to be stand ins for us cities. it just looks rather lame. this will stop runaway production to canada...you know, films and tv trying to save money because of the cheap canadian money:p cheap no more!

 

Sc4freak

Guest
Oct 22, 2004
953
0
0
I'm actually quite happy with the plumetting US dollar. Living in Australia, it means that the stuff that I buy from the US is cheaper.

Not too long ago the Aussie dollar was trading in at about US$1 = AU$2.

Now it's at US$1 = AU$1.13. We're not very far off the Canadians. ;)
 

imported_Lothar

Diamond Member
Aug 10, 2006
4,559
1
0
Originally posted by: ElFenix
Originally posted by: redly1
Originally posted by: Hacp
Originally posted by: Hyperblaze
This is what the US gets when they spend a lot more money then it has....

you can thank the "war on terror" for this.

Its more like Bush is letting the dollar freefall to help US exports, while hurting consumers.

gotta protect what got him elected

:confused:

making the dollar fall will (hopefully) force the chinese to float the yuan. and (hopefully) the japanese float the yen. with respect to other places, greater exports should help drive jobs back to the US, including service and manufacturing (as US labor becomes more competitive on the world market).

How is that going to force China to float if their currency is pegged to the US dollar?
Hypothetically speaking, 20USD:5yuan and 4USD:1yuan are still the same ratio and makes no difference.

The idea that it would force the Japanese yen to float is wishful thinking...
Toshiba, Cannon, Toyota, Honda, Sony, Nintendo, and many Japanese heavyweights are making a killing profit of the weak yen/dollar.

Sure it makes our exports cheaper...but good luck in forcing a currency float.