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Old 05-19-2011, 04:31 PM   #21
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Default Re: ITT we talk about the US economy

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Originally Posted by who_cares973 View Post
.0334 better then your dollar
1 U.S. dollar = 0.970299143 Canadian dollars


uhh

our dollar has been over yours for quite a while now.
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Old 05-19-2011, 04:32 PM   #22
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Default Re: ITT we talk about the US economy

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I don't know any black people that are good with money.
darkshark, this is not the place for unfunny racism. Please keep your comments civil and try to contribute to the conversation at hand. Thanks!
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Old 05-19-2011, 04:34 PM   #23
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Default Re: ITT we talk about the US economy

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Originally Posted by kommisar View Post
1 u.s. Dollar = 0.970299143 canadian dollars


uhh

our dollar has been over yours for quite a while now.
SHUT UP I WAS TIRED!!1111111


another reason to move to canada tho
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Old 05-19-2011, 04:37 PM   #24
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Default Re: ITT we talk about the US economy

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darkshark, this is not the place for unfunny racism. Please keep your comments civil and try to contribute to the conversation at hand. Thanks!
Obviously the deeper subversive economical allusions went straight over your head.
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Old 05-19-2011, 04:38 PM   #25
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Default Re: ITT we talk about the US economy

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Originally Posted by kommisar View Post
1 U.S. dollar = 0.970299143 Canadian dollars


uhh

our dollar has been over yours for quite a while now.
yeah right JERk look whose dollar is the smaller number...nice try...
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Old 05-19-2011, 04:58 PM   #26
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Default Re: ITT we talk about the US economy

Quote:
Originally Posted by kommisar View Post
1 U.S. dollar = 0.970299143 Canadian dollars


uhh

our dollar has been over yours for quite a while now.
Since February 1, 2011 to be exact.

... And our dollar is only going to get stronger with a conservative majority.
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Old 05-19-2011, 05:11 PM   #27
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Default Re: ITT we talk about the US economy

Quote:
Originally Posted by kommisar View Post
1 Canadian dollar = 0.970299143 U.S. dollars


uhh

our dollar has been over yours for quite a while now.
lol get it right before it's embarrassing...fixed

but yes, Canadian dollar is higher than the US dollar. Not long ago, it was nearly 0.06 cents over (i.e. 1 USD = 1.06 CDN) but now it's around $1.03.

believe what you want robertsona, but check your facts...try xe.com.
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Old 05-19-2011, 05:12 PM   #28
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Default Re: ITT we talk about the US economy

thats not very long
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Old 05-19-2011, 05:16 PM   #29
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Default Re: ITT we talk about the US economy

Actually, the current trend started around the New Years: http://www.xe.com/currencycharts/?from=CAD&to=USD (click on "1Y" to get a better scope) and there were a few blips in the past.

In the past, the Canadian dollar being above par was considered anomalous, and banks tried to deliberately lower the dollar since it would hurt the economy in regards to the cost of commodities for international buyers. Now that being above par appears to be staying, it's better purchasing power for the consumers.
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Old 05-19-2011, 05:24 PM   #30
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Default Re: ITT we talk about the US economy

yeah our dollar being better isn't exactly a good thing cuz americans will be like "canada? yeah no taxes argh blargh by local waah waah etc."


Canadian banks are amongst the safest in the world, if u kno wats good for u
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Old 05-19-2011, 05:28 PM   #31
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Default Re: ITT we talk about the US economy

Oh, but it's still rather annoying how the market isn't really responding to the change in currency because it either 1) hasn't "clicked in" and/or 2) products are automatically taxed because of the need to import US products to Canada.

Tbh, the consumers still don't really get the benefits yet. Hopefully sellers will realize that a higher Canadian dollar is here to stay and is not a temporary thing.
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Old 05-19-2011, 06:32 PM   #32
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Default Re: ITT we talk about the US economy

http://www.usdebtclock.org/
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Old 05-19-2011, 06:59 PM   #33
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Default Re: ITT we talk about the US economy

its only a matter of time before china owns the US, bwahaha
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Old 05-19-2011, 07:21 PM   #34
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Default Re: ITT we talk about the US economy

not so bad....

http://www.debtclock.ca/


also this was pretty funny

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Old 05-19-2011, 08:14 PM   #35
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Default Re: ITT we talk about the US economy

http://www.usdebtclock.org/world-debt-clock.html

http://money.cnn.com/2011/05/16/news...dline/?cnn=yes

Last edited by DotKritic; 05-19-2011 at 08:25 PM..
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Old 05-19-2011, 08:37 PM   #36
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Default Re: ITT we talk about the US economy

Quote:
Originally Posted by Coolboyrulez0 View Post
yeah keep that euro strong boys
Pffttt. Lets watch it fall apart with nations bankrupting like that.

Quote:
Originally Posted by darkshark View Post
I don't know any black people that are good with money.
Racist joke. Ban yourself, hypocrite.

Quote:
uhh

our dollar has been over yours for quite a while now.
There is some sort of economic measure which makes our dollar technically better than your dollar in a non-exchange method.

What that is I have no idea. Something about stability and backing. I'm not a doctor.

Quote:
Originally Posted by pmonibuv1 View Post
Yea! see! Technically America isn't 'screwed', its just bad in comparison to places like China... however I saw a recent story that China is conflicted. Its rapid growth is causing rapid inflation. That debt clock percentage differences might need to even out soon.

Economics is hard.
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Old 05-19-2011, 10:14 PM   #37
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Default Re: ITT we talk about the US economy

This day in the year 2000: The US debt was at $5.7 trillion.

CBO Projection in the year 2015: The US debt could be at $18.46 trillion.

At the current rate in the year 2015: The US debt could be at $22.6 trillion.

Last edited by DotKritic; 05-19-2011 at 10:17 PM..
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Old 05-19-2011, 10:28 PM   #38
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Default Re: ITT we talk about the US economy

US total debt:55.353,338,000,000 trillion and rising every second ^__^
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Old 05-19-2011, 10:32 PM   #39
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Default Re: ITT we talk about the US economy

I'm very ignorant when it comes to US finances but I hope that all those people who voted for Obama just because he's black regret their choice now.


And could someone explain to me why the free healthcare didn't work?
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Old 05-19-2011, 10:44 PM   #40
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Default Re: ITT we talk about the US economy

I'm probably gonna get a lot of people thinking I'm stupid for saying this, but I live in Texas, and it really isn't that bad here. We are affected of course, but it seems we are not affected nearly as bad as other parts of the country.

Don't get me wrong though, if Texas ever tried to secede, that would be an incredibly stupid decision.
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