Actually, the higher the Canuck buck, the more goods they buy from America...
I just picked up a nice bonus due to the influx of business because the US dollar is low...
Yes it is! Free-floating currencies are an abomination! How can we ever withstand the blow to our collective ego!
Bernake’s two rate cuts didn’t help.
What is new about this. It was like this in the early 70’s. reminds me of when I was stationed in Germany. The Mark was 4:1. No one there looked starved, the stores were booming with shoppers and there was pleanty of food in the markets. Life goes on.
too bad the hollywood writers went on strike, there are many jokes to be had of this
Conspiracy Theory #1:
The gov’t is deliberately allowing the dollar to fall. Once it gets below the Peso then the President will declare it worthless and we’ll switch to the Amero.
Discuss.
Unfortunate for those of us that are in jobs that do not produce anything.