Quote Originally Posted by Pureghetto View Post

All that will do is noob up the canadian dollar.

Also I have a hard time comprehending what the title's ratio means. If the cdn dollar is worth more than the usd, doesn't that mean that the usd fell? I tend to think of it as that.
The US dollar has fallen over the years for various reasons. Infastructure leaving, over-spending on war efforts, infuxuation of illegal immigrants. A fun fact: In ten years, if current trends continue, over half the population of America will be Mexican.

The Canadian dollar has risen dramatically and factoring in the decline of the American dollar has created this. Mexico is up for a common currency but the Canadian government would be retarded to accept this notion without our rapidly growing economy. A fun fact; each day at least a piece of a foreign countries gold goes into Fort Knox. I think I heard America is close to 3 trillion dollars in deficit. Wow. That alone is cause for alarm with a falling dollar.


Canada exports many, many things and we have the most abundant natural resources in the world - fresh water, lumber, fish (though declining); oil in Alberta and Northern Canada; nickel, copper, diamond, gold and many other materials. Though we still have many problems economically we're becoming richer and with hope it will be sorted out in the coming years. Our debt is about 650 million and we should be cleared out. Alberts is in the middle of a boom and is completely out of deficit as a province, McDonald's employees are making fourteen dollars an hour because the cost of living is so high - 80 percent of the population is in the work force and with a wealth of oil has a prosperous future.

The main problem with the United States and their dollar is what do they actually have as a country? They hardly have the natural resources to sustain themselves let enough to sell and make money from. Corporations have moved to other countries to cut costs, foreign companies are all threats due to free trade. As a country America has over consumed from most respects and is now going to feel it over time.

Let's hope you guys can elect a competant president next time and do yourselves and the rest of the world a favour. Looking at George Bush and what he's done over his consecutive terms in office...doesn't it make you want Bill and the sex scandal to return? That was a huge deal and now seems silly in comparasion. So the guy smurfed around on his wife at least he could do a decent job at running a country.