|
Canadian dollar regains parity with U.S. greenback (pg. 2)
|
View this Thread in Original format
| dEsidEL |
for some reason i read this as 'on par with the US wetback' .. :wtf:
|
|
|
| shanny |
| quote: | Originally posted by slingshot
you're off par. |
I've been off par since the cuban missile crisis, you're just noticing now?
Some Secretary of Defense you are. |
|
|
| Moral Hazard |
| I, sadly, have never shot par:( |
|
|
| yankeeBaby |
WTF!!! I wanna come up there and feel rich again dammit!!!!!!!
(friends in toronto, please send toonies....) |
|
|
| Jem_hadar |
| quote: | Originally posted by yankeeBaby
(friends in toronto, please send toonies....) |
trade you for two crisp $1 american bills! |
|
|
| ChemEnhanced |
 |
|
|
| Moral Hazard |
| quote: | Originally posted by ChemEnhanced
|
:eek: I knew it... MOM AND DAD LIED TO ME!!!! |
|
|
| cenik |
| Awesome; first time in my life the loonie was on par with the U.S. dollar. |
|
|
| Rook |
canadians should hope that it doesnt stay this way..
even though its good for shopping.. |
|
|
| Zentac_75 |
| quote: | Originally posted by Rook
canadians should hope that it doesnt stay this way..
even though its good for shopping..and travelling south |
fixed.
+1 |
|
|
| Zentac_75 |
| Although our even currencies will make converting to the AMERO in the future much smoother. |
|
|
| emonster4life |
Although the Canadian dollar is gaining ground against the US dollar it is not necessarily good for Canada. Yes of course if you come to the US for shopping, clothing will be much cheaper. But lets take a look at the big picture. 87% of Canada's exports come to the US. US companies are not going to pay more to Canada for their products ordered, therefore Canadian companies will be making less since raw materials costs will be rising and sales revenue will be declining due to a weak US dollar.
The Eurodollar is also rising against the Greenback. Look at this article. If the dollar continues to fall look what will happen to Airbus.
http://www.cnbc.com/id/20902307/for/cnbc/
Whose the winner? American corporations and investors in the stock market. Companies like Coca cola and McDonalds who have huge international exposure are benefiting on a rising euro, yen, etc. and making more money than expecting come earnings time year after year. |
|
|
|
|
