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Yukari Yakumo (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 08:23 PM Original message |
US dollar .35 of a cent away from being at the lowest point since '70 vs. Canadian Dollar |
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LakeSamish706 (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 08:26 PM Response to Original message |
1. What I'm waiting for are people (US citizens) to say enough is enough... |
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lvx35 (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 11:57 PM Response to Reply #1 |
22. I'm afraid we are already strapped in to this roller coaster... |
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bonito (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 08:47 PM Response to Original message |
2. I wonder what the Mexican peso exchang rate has been |
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midnight armadillo (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 11:30 PM Response to Reply #2 |
18. fluctuating around 10 pesos/$ |
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Double T (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 08:55 PM Response to Original message |
3. BUT, the economy is doin' great and the obscenely filthy rich have never been happier. |
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fenriswolf (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 09:04 PM Response to Reply #3 |
5. actually by now most of the filthy rich if they |
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Double T (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 09:07 PM Response to Reply #5 |
6. Take EVERY paycheck and go to your local bank and convert it to Euros....... |
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fenriswolf (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 09:26 PM Response to Reply #6 |
10. and see the euro's you recieve decline every week |
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skids (1000+ posts) Send PM | Profile | Ignore | Sat Oct-20-07 09:12 AM Response to Reply #10 |
29. Well, I'm no fan of the Euro... |
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Spazito (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 09:19 PM Response to Reply #5 |
9. Your own VP is investing in foreign currency/markets... |
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Double T (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 10:01 PM Response to Reply #9 |
11. And I'm certain as soon as his term is finished he'll be moving to Dubai, UAE. |
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Spazito (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 10:14 PM Response to Reply #11 |
12. Could be, given Halliburton is already there.... |
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RB TexLa (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 11:03 PM Response to Reply #5 |
17. You don't have to be rich to take advantage of currency trading |
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lovuian (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 09:03 PM Response to Original message |
4. Thank you Bush and Congress |
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Lisa (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 09:10 PM Response to Original message |
7. bizarre -- I just noticed on PayPal that they've finally readjusted their conversions |
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Spazito (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 09:17 PM Response to Original message |
8. I must admit it is amazing to me that it is the Canadian dollar vs |
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Monk06 (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 10:27 PM Response to Reply #8 |
13. The Canadian $ has been a floating currency since the seventies. |
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Spazito (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 10:36 PM Response to Reply #13 |
14. It has been a floating currency for sure but the way in which the |
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Monk06 (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 11:31 PM Response to Reply #14 |
19. By definition the value of a floating currency is determined by market forces. The Canadian |
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Spazito (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 11:53 PM Response to Reply #19 |
20. Interest rates determine the value of the return of their investments |
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Monk06 (1000+ posts) Send PM | Profile | Ignore | Sat Oct-20-07 01:04 AM Response to Reply #20 |
26. As I said before the Canadian government does not set the exchange rate |
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Spazito (1000+ posts) Send PM | Profile | Ignore | Sat Oct-20-07 11:00 AM Response to Reply #26 |
33. The Bank of Canada sets the interest rates which, in turn, |
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AdHocSolver (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 10:42 PM Response to Reply #8 |
15. The mainstay of any economy is manufacturing - that is, labor adding value to natural resources. |
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Spazito (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 10:55 PM Response to Reply #15 |
16. Well said, I could not agree with you more! |
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earth mom (1000+ posts) Send PM | Profile | Ignore | Fri Oct-19-07 11:57 PM Response to Reply #16 |
21. Levi Jeans held out for a long time. The cheap competition just got too much for them. |
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Spazito (1000+ posts) Send PM | Profile | Ignore | Sat Oct-20-07 11:22 AM Response to Reply #21 |
34. I was very saddened as well when they made the decision to |
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earth mom (1000+ posts) Send PM | Profile | Ignore | Sat Oct-20-07 02:21 PM Response to Reply #34 |
35. Me too. nt |
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Usrename (1000+ posts) Send PM | Profile | Ignore | Sat Oct-20-07 12:13 AM Response to Reply #15 |
23. I agree wholeheartedly with your post. |
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Gregorian (1000+ posts) Send PM | Profile | Ignore | Sat Oct-20-07 12:19 AM Response to Reply #15 |
24. I have this argument with a friend. |
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tom_paine (1000+ posts) Send PM | Profile | Ignore | Sat Oct-20-07 10:17 AM Response to Reply #15 |
32. That is a very deep and thorough analysis and I wish I could rec it! |
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FloridaJudy (1000+ posts) Send PM | Profile | Ignore | Sat Oct-20-07 12:39 AM Response to Original message |
25. Why is everything I see in stores |
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tuvor (1000+ posts) Send PM | Profile | Ignore | Sat Oct-20-07 02:38 AM Response to Original message |
27. The value of the Canadian dollar has been increasing vs many other world currencies. |
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unblock (1000+ posts) Send PM | Profile | Ignore | Sat Oct-20-07 08:10 AM Response to Original message |
28. your exchange rates are backward. 1 USD = 0.97084 CAD |
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Canuckistanian (1000+ posts) Send PM | Profile | Ignore | Sat Oct-20-07 10:04 AM Response to Original message |
30. And here's the good part |
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Xenotime (1000+ posts) Send PM | Profile | Ignore | Sat Oct-20-07 10:17 AM Response to Original message |
31. Every other currency in the world is doing great |
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