CDN dollar worth more then US dollar - High-Def Digest Forums
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Old 10-28-2007, 07:43 PM
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Default CDN dollar worth more then US dollar

I Find it funny, that Americans for years have made fun of the Canadian Dollar for being low, and now it is worth more then the US dollar....with no end in sight, with the American war going so badly, and the mortgage issues the US has.

My guess is Canadians wont make fun of the US green back, because of the class level Canadians have in general.

Fun Fact:

It is in fact bad for exporting nations(like canada) to have a high dollar. As the higher the dollar the less countries can buy off that exporting country, leading them to purchase product from cheaper exporting nations.
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Old 10-28-2007, 07:49 PM
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Yeah, our economy has basically gone to hell. I live in Michigan and our unemployement rating is 7.5% and the housing market has hit rock bottom.
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