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Today the USA - tomorrow the world!
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Written by Paul -V-   
Thursday, 20 September 2007

Well, those Canooks did it - the Canadian loonie just beat the US dollar. (First time since 1977.)

I found this image on /b/, and since linking there directly will not work - I'm posting it here:

Canada dollar beats US dollar

Whenever you compare the merits of Canada's political or economic structure with the United States to a conservative, they almost inevitably accuse our neighbor to the North of being a socialist, 2nd-rate country.

While I don't believe either statement is true - as of today, Canadian nay-sayers will have to think of some other reason to discount Canada's liberal policies. Not only has their loonie bested our dollar, but Canada's economy is strong, they have lower unemployment, full heathcare, and no foreign wars.

At this rate, the United States is increasingly looking like a second-rate power when compared to Canada.

Perhaps Canada-haters can come up with a few new Celine Dion jokes?

Comments
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Fucking Idiot
Anonymous (IP:72.144.59.186) 2007-09-20 15:58:52

If you weren't a complete retard, then maybe you'd notice that 1.00 USD = 1.00011 CAD means that the US dollar is actually worth more. For the CAD to be worth more it would have to be under 1, faggot.
Jason (IP:192.153.129.83) 2007-09-21 07:41:39

Just did a google search for "Canadian dollar." Before any search matches are given, the exchange rate appeared: CAD$1 = US$0.987.

Now that the frivolous details and name-calling are over, what does this MEAN??
Buncombe Green Party Guy
Larry A (IP:68.189.163.223) 2007-09-22 20:57:19

Good to see someone else took notice of the Loonie's success. Any currency valuation against the dollar has to take into account the costs of good and services in that particular country - but - Canada's price structure has not changed a lot so - what have we here?

Yet another indicator that an economy based on low - interest, shop-til-you-drop, childish, mall-rat, spoiled-brat, fat-cat hyper consumption is on shaky ground. We - well, some of we - tell the rest of the world, including Canada, that you can't beat our way of running things. Right! Even Russians and Brazilians can see that we're basically just a retail & real-estate shell game, hyping the same Chinese-made worhtless trinkets that they can easily get back home.

Canadians, to their credit, take their economy more seriously and now it shows.
Canadian Dream
Greendinista (Registered) 2007-10-03 19:10:36

Saw a "news" piece on the recent rise of the Loonie. Of course the Post-Yuppie squawking heads could only comment on how the Canadians are flocking south to Shop And Buy Houses. It's the only story they know how to tell.

No mention of how it got to be that way - like the mind-bloggling level of debt we have run up. And they proudly report how, when our power structure gets (routinely) pissed off at some no-threat backwater regime, we threaten ECONOMIC SANCTIONS. Scary! What are we going to do, threaten not to ship them the counterfeit Chinese crap filling up our shelves? Behave, or we'll mess up your I-Phone connection.
Citizen
Bob (Registered) 2007-10-20 08:18:27

I don't know who this is but I do not appreciate his tone or his language. Not only that but he needs to take a math course or two. I think that this blog site should block comments like this. Bob Citizen
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Last Updated ( Thursday, 20 September 2007 )
 
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