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Mark
Luke Warm
Joined: 04 Aug 2004
Posts: 197
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 Posted: 10/10/04 - 18:19 Post subject: oh nos! US economy dropping?
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Noticed the Canadian dollar is catching up to the american dollar. The canadian dollar is now worth $.81 American (the highest its been in a long time) and last year it was worth about $.65. Just noticed it, because I buy alot of things on Ebay from the US.
Whats up? Just looking for a little insight
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xeqer
Luke Warm
Joined: 24 Oct 2002
Posts: 348
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Posted: 10/10/04 - 20:00 Post subject:
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Hate to say it, but a slightly weaker dollar isn't a bad thing. It tends to boost sales of exports. Manufacturing, in particular small companies,has really made a comeback since the Clinton administration plunged it into a recession with the largest tax increase in history.
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Orbit
Luke Warm
Joined: 15 Oct 2002
Posts: 491
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Posted: 10/10/04 - 20:15 Post subject:
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| xeqer wrote: | | Hate to say it, but a slightly weaker dollar isn't a bad thing. It tends to boost sales of exports. Manufacturing, in particular small companies,has really made a comeback since the Clinton administration plunged it into a recession with the largest tax increase in history. |
Spin it baby spin it!! 
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Obmar
RealPoor Sensei
Joined: 22 Oct 2002
Posts: 1934
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Posted: 10/10/04 - 20:23 Post subject:
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Guest
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Posted: 10/10/04 - 20:51 Post subject:
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| Obmar wrote: | |
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Mark
Luke Warm
Joined: 04 Aug 2004
Posts: 197
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Posted: 10/10/04 - 22:36 Post subject:
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| xeqer wrote: | | Hate to say it, but a slightly weaker dollar isn't a bad thing. It tends to boost sales of exports. Manufacturing, in particular small companies,has really made a comeback since the Clinton administration plunged it into a recession with the largest tax increase in history. |
Oh cool... never thought of it that way.
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khrath
Guest
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Posted: 10/11/04 - 01:13 Post subject:
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<img src=http://nepasavaler.free.fr/bio/cg/photos/spin-panneau.jpg>
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Xion
RealPoor Guru
Joined: 11 Oct 2002
Posts: 2117
Location: Los Angeles, CA
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Posted: 10/11/04 - 02:03 Post subject:
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| Khrath wrote: | | <img src=http://nepasavaler.free.fr/bio/cg/photos/spin-panneau.jpg> |
???
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median
RealPoor Guru
Joined: 16 Oct 2002
Posts: 2183
Location: Hamillton, Canada
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Posted: 10/11/04 - 11:50 Post subject:
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The Canadian Dollar has been on a steady incline in the past year. And the USD either staying the same or dropping i guess.
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