16,485.00 USD = 16,478.52 CAD
- Thread starter John
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I hear you there.
Speaking of the economy... The Fed rate cut was a bad idea, in my jaded opinion. I don't care about the rally last week. Making too much money easily available was what got us into this mess in the first place.
The fed rate cut is akin to giving a crack addict, who's going through withdrawl, more crack. You just reset the problem which will invevitably creep back.
Speaking of the economy... The Fed rate cut was a bad idea, in my jaded opinion. I don't care about the rally last week. Making too much money easily available was what got us into this mess in the first place.
The fed rate cut is akin to giving a crack addict, who's going through withdrawl, more crack. You just reset the problem which will invevitably creep back.
Maybe it's time to invest in the CAD - I've never done it myself but looks like an interesting time to start. What do you guys think?
Here is a cool article about the history of interest rates/sub prime if anyone is interested too: How We Got into the Subprime Lending Mess - Knowledge@Wharton
It is a little long and pretty much confirms what aim said.
Here is a cool article about the history of interest rates/sub prime if anyone is interested too: How We Got into the Subprime Lending Mess - Knowledge@Wharton
It is a little long and pretty much confirms what aim said.
As Canadian oil shale and oily sand become more economically viable due to high global oil prices, expect the Canadian dollar to keep appreciating.
euro keeps going down too
1 euro = 1.40$ already(used to be less than a buck-.-), go fix ur economies
1 euro = 1.40$ already(used to be less than a buck-.-), go fix ur economies
Agreed.
Wonder if enough affiliates together could make the networks pay us in a currency that's actually worth the paper it's written on?
Ditto. Dollar crap against the euro. Everyone but *me* thinks its great. Someone needs to start a Uk/euro aff network
I had a couple of opened tabs with articles about the weak dollar when I found this thread...It seems as the fucker will keep falling. Expected inflation in the US would be a good thing for us from the outside, though.
Euro is going up, not down, as it's now more valuable when compared to $1 and you can get more bucks for it.
euro keeps going down too
1 euro = 1.40$ already(used to be less than a buck-.-), go fix ur economies
Euro is going up, not down, as it's now more valuable when compared to $1 and you can get more bucks for it.
Credit goes to Mr. BUSH.
BTW when the hell will he be removed ??? Damn, its bad to all.
Incorrect - President Bush has very little direct impact on the Macro economy. It has more to do with thriving foreign markets and natural economic progression throughout the rest of the world.
As other world market economies hold more value, the US economy may in fact hold less. It's not a direct relationship by any means as there are tons and tons of variables involved... But it pissed me off when people like to blame the world's problems on Bush -- not to say that I'm a Bush supporter, but the world is run by all of us; we all have to be accountable for our actions. If you're pissed at Bush, then you had better be just as pissed at your senators congressmen, and legislators as well.
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