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Good Lord it's getting worse...

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Yukari Yakumo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-29-07 09:04 PM
Original message
Good Lord it's getting worse...
Previous all-time low since 1970: US$ 0.9628 = CAN$ 1 on 06/25/1976
Exchange rate as of 10/26/2007: CAN$ 1 = US$ 0.9621
Exchange rate as of 10/29/2007: CAN$ 1 = US$ 0.9545

Good Lord it's getting worse... Just how low can it go?
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liberalmuse Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-29-07 09:06 PM
Response to Original message
1. I have a feeling we're going to find out.
Real soon.
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Love Bug Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-29-07 09:46 PM
Response to Original message
2. My whole life our dollar has never been worth less than
the Canadian dollar, and I'm 53.
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Kazak Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-29-07 09:48 PM
Response to Original message
3. We're not in Kansas anymore...
:scared:
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Joe Fields Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-29-07 09:51 PM
Response to Original message
4. I took a trip to Vancouver in 1986. At that time the exchange rate was
31%. An American dollar was worth $1.31 Canadian. Sad how far we have sunk.
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roamer65 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-29-07 09:57 PM
Response to Original message
5. Much worse.
I fully expect hyperinflation.
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scarletwoman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-29-07 10:04 PM
Response to Original message
6. Once the elites destroy us economically, they figure we'll be that much more docile.
With the dollar tanked, we can't afford to leave the country. Bonded serfhood, that's our future.

sw
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Hardrada Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-29-07 10:20 PM
Response to Reply #6
7. We can sell our lives dearly!
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tjwash Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-29-07 10:21 PM
Response to Original message
8. yeah, well...
...considering what Ronald Reagan, George Bush the elder, and George W. Bush have done to the federal treasury, it would be a bit much to expect them to respect our currency enough to permit a buck to stop with them.
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Robbien Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-29-07 10:26 PM
Response to Original message
9. What are they going to do about all those books which charge Canada
so much more than the US? They don't have the exchange rate as a sorry excuse any more.
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-29-07 10:46 PM
Response to Original message
10. I thought the U.S. dollar had sunk to $0.88 back in 1959-60
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Canuckistanian Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-29-07 10:49 PM
Response to Original message
11. Lowest the $USD has been since 1960
So I heard today on the radio.
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pscot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-29-07 11:03 PM
Response to Original message
12. I would probably feel bad if my Canada mutual fund
weren't up 50% since May. If the fed keeps cutting interest rates, the buck will continue to slide. It's getting to be too much of a good thing, but it's likely to keep on until the Asian currencies separate from the dollar.
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