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Canadian Dollar On Par With The Us Dollar:)


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#21 Pot Odds RAC

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Posted 20 September 2007 - 08:49 AM

View PostSBriand, on Thursday, September 20th, 2007, 8:42 AM, said:

America is not perfect. If you think it is you are no different than serge thinking Canada is perfect. We all have problems. Regardless of whose proverbial dick is bigger, the dollar losing value is not anything to stand up a cheer about. While serge was blowing some serious crap out of his ahole, he did make a few valid points. Same with scram. But I live in a part of the US that is suffering tremendously by this nations "great" economy. So let's not pretend that the US is sitting pretty right now. That is just living in denial.
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#22 Jadaki

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Posted 20 September 2007 - 08:50 AM

View PostIQCrash, on Thursday, September 20th, 2007, 11:46 AM, said:

I had my asshole licked by a Canadian girl once.True story.
But was it better than having your asshole licked by an American girl?

#23 ShakeZuma

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Posted 20 September 2007 - 08:51 AM

View PostKramitDaToad, on Thursday, September 20th, 2007, 12:48 PM, said:

Hey! No fair. This can't be just a US/Canada fight.Us Aussies have the best country in the world AINEC and us Aussies in the UK earn - 1 of which is TWICE as valuable as your pesky US & Canadian peso'sI only have to wipe my arse with 50's
I don't really know what you just said, but australia has always seemed pretty cool to me. I'd go if I could.

View PostAmScray, on 30 August 2010 - 12:41 PM, said:

one cannot possibly ascribe themselves to the larger (D) philosophy without first being a poon

#24 IQCrash

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Posted 20 September 2007 - 08:53 AM

View PostJadaki, on Thursday, September 20th, 2007, 9:50 AM, said:

But was it better than having your asshole licked by an American girl?
American girls are so stuck up they don't lick my asshole.Just finger it.

#25 KramitDaToad

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Posted 20 September 2007 - 08:56 AM

View PostShakeZuma, on Thursday, September 20th, 2007, 5:51 PM, said:

I don't really know what you just said
You just need to turn your monitor upside down

#26 mrdannyg

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Posted 20 September 2007 - 09:01 AM

View Postscram, on Thursday, September 20th, 2007, 10:46 AM, said:

LOL!People who haven't graduated from 7th grade economics class.The value of a currency is based on a lot of things. For example, the Kuwaiti Dinar is valued higher than the US Dollar. A large part of the reason the US dollar is facing some devaluation has to do with extremely complex economic factors that probably wouldn't be understood by people who say stuff like Serge just did.Still, even if the US dollar were to find itself worth LESS than the Canadian dollar, it wouldn't change the fact that we're a massively more productive, innovative and important nation when compared to Canada, who could fall off the face of the earth and no one would really notice.We are "arrogant" for the same reason any winner is arrogant. And like losers, they are quick to point out any unfavorable circumstance that occurs with the winner because it makes their own irrelevancy and failure sting just a little less (like those shows in Europe where they do "man on the street" segments, asking the dumbest possible Americans simple geography and civics questions as if to show just how "dumb" Americans are. We could certainly do the same sort of show, asking dumb Canadians or Europeans simple questions and then showing the morons, but Americans wouldn't watch it, because we don't care about you)
though it is this exact ignorance that 'forces' an economically-horrific half-point drop in rates. the constant fear of dropping from the all-powerful height of the world is the reason the US is being overtaken by many countries in many important areas at an unheard-of rate historically.No one argued that Canada is more important to the international economy than the US, and yet that's what you argued. One could make the argument that, for its size, Canada's economic performance is better than the US' (currently), but that'd be a silly argument to try and make, considering their lack of comparability.The Canadian dollar is somewhat strong right now, but not nearly as much as the US dollar is weak. It is weak due to a complete lack of confidence in both the US and international confidence in the US' continued international dominance, and the safety of its currency. Americans would do well to ignore whiners like me and serge comparing it to our own incomparable currency, and wonder why their government is reacting to short-term fluctuations by instituting policies that will likely deepen recessionary periods and cause severe long-term damage to growth.
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#27 SBriand

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Posted 20 September 2007 - 09:11 AM

View Postmrdannyg, on Thursday, September 20th, 2007, 1:01 PM, said:

though it is this exact ignorance that 'forces' an economically-horrific half-point drop in rates. the constant fear of dropping from the all-powerful height of the world is the reason the US is being overtaken by many countries in many important areas at an unheard-of rate historically.No one argued that Canada is more important to the international economy than the US, and yet that's what you argued. One could make the argument that, for its size, Canada's economic performance is better than the US' (currently), but that'd be a silly argument to try and make, considering their lack of comparability.The Canadian dollar is somewhat strong right now, but not nearly as much as the US dollar is weak. It is weak due to a complete lack of confidence in both the US and international confidence in the US' continued international dominance, and the safety of its currency. Americans would do well to ignore whiners like me and serge comparing it to our own incomparable currency, and wonder why their government is reacting to short-term fluctuations by instituting policies that will likely deepen recessionary periods and cause severe long-term damage to growth.
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#28 Pot Odds RAC

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Posted 20 September 2007 - 09:12 AM

View Postmrdannyg, on Thursday, September 20th, 2007, 9:01 AM, said:

though it is this exact ignorance that 'forces' an economically-horrific half-point drop in rates. the constant fear of dropping from the all-powerful height of the world is the reason the US is being overtaken by many countries in many important areas at an unheard-of rate historically.No one argued that Canada is more important to the international economy than the US, and yet that's what you argued. One could make the argument that, for its size, Canada's economic performance is better than the US' (currently), but that'd be a silly argument to try and make, considering their lack of comparability.The Canadian dollar is somewhat strong right now, but not nearly as much as the US dollar is weak. It is weak due to a complete lack of confidence in both the US and international confidence in the US' continued international dominance, and the safety of its currency. Americans would do well to ignore whiners like me and serge comparing it to our own incomparable currency, and wonder why their government is reacting to short-term fluctuations by instituting policies that will likely deepen recessionary periods and cause severe long-term damage to growth.
Dude.What is "economically-horrific" about a half-point drop in rates? This has been standard operating procedure for the Feds for DECADES. I'm going to continue to put my confidence in those experts rather than an arm chair QB like yourself who thinks he knows more about running the largest, strongest and most envied economy on the planet.

#29 silkyjonson

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Posted 20 September 2007 - 09:32 AM

Happy the Canadian dollar is doing well but for me its the worst time possible, where was this sht 3 years ago when I was paying tuition.

#30 MyPlayIsRAB

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Posted 20 September 2007 - 09:35 AM

as a business grad with a major in economics i thought id chime inthe us dollar is becoming devalued because of the amount of money americans spend vs what they earn. the american people sa a whole are putting themselves into massive debt by spending more than they earn, which has dampered credit issues in the US. since borrowing too much can be negatively affecting the economy, the dollar loses ground. and whoever said that canadas production and efficiency was way below the US, that is a main reason why our dollar is becoming more and more valuable vs the euro, pound and other major currencies. on t hat note, i graduated with a 2.7 GPA if anyone wants to argue my points, theyre probably righton a nother note, its funny to look at how the Canadian dollar was only worth about 65 cents when george w bush was elected, and its now worth $1.00. what a guy
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#31 Pot Odds RAC

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Posted 20 September 2007 - 09:43 AM

View PostMyPlayIsRAB, on Thursday, September 20th, 2007, 9:35 AM, said:

as a business grad with a major in economics i thought id chime inthe us dollar is becoming devalued because of the amount of money americans spend vs what they earn. the american people sa a whole are putting themselves into massive debt by spending more than they earn, which has dampered credit issues in the US. since borrowing too much can be negatively affecting the economy, the dollar loses ground. and whoever said that canadas production and efficiency was way below the US, that is a main reason why our dollar is becoming more and more valuable vs the euro, pound and other major currencies. on t hat note, i graduated with a 2.7 GPA if anyone wants to argue my points, theyre probably righton a nother note, its funny to look at how the Canadian dollar was only worth about 65 cents when george w bush was elected, and its now worth $1.00. what a guy
Yeah. Clearly Bush's fault.

#32 SBriand

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Posted 20 September 2007 - 09:47 AM

View PostPot Odds RAC, on Thursday, September 20th, 2007, 1:43 PM, said:

Yeah. Clearly Bush's fault.
It's quite clear that he didn't blame it all on Bush. It's pretty obvious actually as he states why in the first part. I think you may need to realize that Presidents will have to endure some of the blame, they expect it, so should you.
QUOTE (digitalmonkey @ Wednesday, August 18th, 2010, 1:55 PM) <{POST_SNAPBACK}>
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#33 mrdannyg

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Posted 20 September 2007 - 09:51 AM

View PostPot Odds RAC, on Thursday, September 20th, 2007, 12:12 PM, said:

Dude.What is "economically-horrific" about a half-point drop in rates? This has been standard operating procedure for the Feds for DECADES. I'm going to continue to put my confidence in those experts rather than an arm chair QB like yourself who thinks he knows more about running the largest, strongest and most envied economy on the planet.
"envied" is a stretch. and while there is no doubt there are thousands of people working for the government that are much smarter than myself, if those people are severely constrained in their actions, they might not be able to apply this knowledge.What is economically-horrific is what I stated in the post. It will almost surely result in a larger than necessary recessionary period when the next one comes around. He's staved off the current one, but as the economy's growth was only slowing, and not negative, it was not necessary to do so. The goal of policy is not to increase growth, but to minimize recessionary periods. They are much more harmful than increased growth is beneficial.Luckily though, by the time that happens, a Democrat will be in office, and they'll be blamed for the economic collapse.
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#34 hank213

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Posted 20 September 2007 - 09:53 AM

I think it is rather humorous that Canadians are celebrating a tie (essentially) like they landed on the moon or created a polio vaccine or something.
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#35 digitalmonkey

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Posted 20 September 2007 - 09:59 AM

View Posthank213, on Thursday, September 20th, 2007, 1:53 PM, said:

I think it is rather humorous that Canadians are celebrating a tie (essentially) like they landed on the moon or created a polio vaccine or something.
I think it's quite ridiculous how this has turned into yet another "my country is better than yours" debate.Both countries are great places to live.F*ck the dollar vs dollar debate. How will it affect me personally when I go to buy groceries or fill up the tank? That's what I care about.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

#36 Pot Odds RAC

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Posted 20 September 2007 - 10:00 AM

View Posthank213, on Thursday, September 20th, 2007, 9:53 AM, said:

I think it is rather humorous that Canadians are celebrating a tie (essentially) like they landed on the moon or created a polio vaccine or something.
Especially when you consider the fact that, like it or not, their Economy is rather linked to the American economy. Gleefully celebrating the downturn of the American economy is sort of like laughing at your fellow Titanic passenger as he falls into the water.

#37 scram

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Posted 20 September 2007 - 10:00 AM

View Postserge, on Thursday, September 20th, 2007, 9:08 AM, said:

you sir have no clue about economics...
Then...

Quote

The United States is no longer a world power in business as China , Japan and most European countries have passed them...
LMAO

#38 DrawingDeadInDM

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Posted 20 September 2007 - 10:04 AM

View Postserge, on Thursday, September 20th, 2007, 7:04 AM, said:

how far the mighty US has fallen...It looks good on them , and their cocky ignorant view of the world...
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View Postdigitalmonkey, on Thursday, September 20th, 2007, 9:59 AM, said:

I think it's quite ridiculous how this has turned into yet another "my country is better than yours" debate.
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#39 Pot Odds RAC

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Posted 20 September 2007 - 10:09 AM

View Postmrdannyg, on Thursday, September 20th, 2007, 9:51 AM, said:

"envied" is a stretch. and while there is no doubt there are thousands of people working for the government that are much smarter than myself, if those people are severely constrained in their actions, they might not be able to apply this knowledge.What is economically-horrific is what I stated in the post. It will almost surely result in a larger than necessary recessionary period when the next one comes around. He's staved off the current one, but as the economy's growth was only slowing, and not negative, it was not necessary to do so. The goal of policy is not to increase growth, but to minimize recessionary periods. They are much more harmful than increased growth is beneficial.Luckily though, by the time that happens, a Democrat will be in office, and they'll be blamed for the economic collapse.
Sort of like how Bush was blamed for the "Recession" in his first term?

#40 scram

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Posted 20 September 2007 - 10:11 AM

View Postmrdannyg, on Thursday, September 20th, 2007, 10:01 AM, said:

though it is this exact ignorance that 'forces' an economically-horrific half-point drop in rates. the constant fear of dropping from the all-powerful height of the world is the reason the US is being overtaken by many countries in many important areas at an unheard-of rate historically.
Manufacturing, for sure...Other than that? Not much.I am actually way, way bearish on the American economy (70%+ of my own portfolio is in emerging markets), but a bearish American economy is still so much more productive and relevant to it's competitors (save for maybe China) that to hear turds in Canada make such idiotic statements is like watching the monkeys in the 3rd World cheer the collapse of the twin towers.Are they cheering because they "hate America", or are they cheering because they're unable to build towers of their own? You have to understand the magnitude of dominance America has imparted on the world for the past 100 years. It isn't much of a shock that other nations would eventually get their shit together and start to catch up (like Europe becoming "The United States Of Europe" rather than just a fragmentary mess of shitty little cheese producing countries). A Canadian looks around their home and sees that it's filled with things that- either in manufacture, concept or design- originated in America. An American doesn't suffer from any such "daily reminders" of inferiority, save for maybe having to deal with the fact that the globes base of production is now in China and we've lost a lot of jobs in that sector. The devaluation of our dollar is inextricably tied to our debt, which is cyclical and political in nature. Right now, we have the worst president we've had in at least a century- possibly ever. In time, this too shall pass and we will get in a fresh set of Jews to bring our economic footing back. We've seen this in the 30's, the 70's, and again in whatever the **** we call this "2000's" decade. And in time, we will get out of this one too. We are where we are because of poor short term management- not a flaw in our model.




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