F’Yeah!
Just another reason to buy from T-Nation.
Time to put in my first order before Bank of Canada cuts our rates, although I don’t forsee it happening yet.
Dollar parity does nothing to get rid of customs fees.
I have a feeling the dollar isn’t done slipping yet…we’re being raped by this war and all the crooked businesses engaged in Iraq and Afghanistan. Wasting our tax dollars like theres a money tree out there thats always full for the picking.
The Canadian dollar just surpassed the American dollar.
[quote]billy martin wrote:
I have a feeling the dollar isn’t done slipping yet…we’re being raped by this war and all the crooked businesses engaged in Iraq and Afghanistan. Wasting our tax dollars like theres a money tree out there thats always full for the picking.[/quote]
There actually is a money tree out there.
The US government gives them T-bonds, the Fed creates money out of thin air.
It´s magic!
Still kicking ass, so is the Precious Metals component of my investment portfolio. I’d like to see gold at $1000 oz.
I’m predicting that stagflation is here to stay for the next few years, a cycle with many similarities to the one we last saw in the 1970�??s, this coincides with the last time we saw the Canadian dollar at par with the US Dollar.
Funny thing is that I wasn’t even born when parity last took place. This is getting alot of attention on the radio, tv and the water cooler. Everyone is talking about going down to the States and getting their shopping done. Sadly this is a knee jerk reaction.
People don’t factor in the expense of gas, wear and tear on their car plus the cost of time it will take to drive down. So it’s like spending dollars to save pennies.
There are some great deals to be had though:
-
Biotest Supplements *
Be smart, use your calculator and comparison shop. -
New and Used Cars
Canadians are getting robbed blind by our national dealers. The exact opposite was happening just 10 years back. -
Car Tires
Check out Tirerack.com
Dear fellow Canadian, if you know of any other great deals please share with your brothers and sisters, I’m sure we all like to save money.
Engagement or Anniversary?
Now is the time to spoil her, thanks to the exchange rate.
Great prices to be had on diamonds, check out:
I bought my wife’s ring from Mondera and she loves it.
For insurance purposes, the appraisal came out to over 2X what I paid. So take the savings and use it for the honeymoon or house down payment.
Good luck in finding a keeper first.
If the USA has to be the world’s policeman, but the rest of the world gets a free ride, it’d make sense that our currency weakens. We go broke protecting an ungrateful world.
Since they decided to be cheap and not help the US, I wonder how they’ll like a world where the US is NOT there to protect them. Or maybe some entity like China ‘protects’ them.
Cheapskates.
Dollar falls to another Euro low
[i]
The dollar has fallen to yet another all-time low against the euro, after further weak US economic data.
Figures showed that US consumer confidence has fallen to a near two-year low, while house prices have seen the sharpest drop in 16 years. [/i]
http://images.t-nation.com/forum_images/4/4/44af1-300px_AfghanChildwithCanadianFlag2006.jpg
[quote]Headhunter wrote:
If the USA has to be the world’s policeman, but the rest of the world gets a free ride, it’d make sense that our currency weakens. We go broke protecting an ungrateful world.
Since they decided to be cheap and not help the US, I wonder how they’ll like a world where the US is NOT there to protect them. Or maybe some entity like China ‘protects’ them.
Cheapskates.[/quote]
Headhunter,
I’m deeply disappointed and respectully disagree with your knee jerk comments. I regarded you as one of the more level headed political and economic thinkers on the T-Nation Forum. What happened? No coffee this morning?
Following the terrorist attacks on September 11, 2001 in the United States, Canada was the third largest contributor to the NATO-led invasion of Afghanistan, after the United States and the United Kingdom. Of the approximately 15,000 Canadian troops who have been stationed in Afghanistan, 2,800 remain as the standard complement as part of the International Security Assistance Force (ISAF).
Canada has:
Assisted in the collection, storage and decommissioning of 10,000 heavy weapons left in Afghanistan including artillery, tanks and rocket launchers, used in decades of conflict in the country.
Helped clear about one third of the estimated 10 to 15 million mines in Afghanistan and helped train the Afghan police and army.
Cleared about one third of the estimated 10 to 15 million mines in Afghanistan.
Canadian Armed forces play a large role in Afghanistan.
Currently there are 71 Canadian soldiers lost their lives in the line of duty, the lates on A total of 71 Canadian troops have died in Afghanistan between February 2002 and 24th September, 2007. Of these, 63 were due to hostile circumstances and eight were accidents or other non-hostile deaths.
29 soldiers have been killed in roadside bombings, 11 died in unspecified hostile incidents, six in RPG attacks, 11 were killed in suicide bombings, five died due to U.S. “friendly fire”, four in vehicle accidents, one in a mortar attack, and one in an accidental fall, two from accidental gunshots and one suicide.
[quote]Headhunter wrote:
If the USA has to be the world’s policeman, but the rest of the world gets a free ride, it’d make sense that our currency weakens. We go broke protecting an ungrateful world.
Since they decided to be cheap and not help the US, I wonder how they’ll like a world where the US is NOT there to protect them. Or maybe some entity like China ‘protects’ them.
Cheapskates.[/quote]
Who are we protecting and why?
[quote]LIFTICVSMAXIMVS wrote:
Headhunter wrote:
If the USA has to be the world’s policeman, but the rest of the world gets a free ride, it’d make sense that our currency weakens. We go broke protecting an ungrateful world.
Since they decided to be cheap and not help the US, I wonder how they’ll like a world where the US is NOT there to protect them. Or maybe some entity like China ‘protects’ them.
Cheapskates.
Who are we protecting and why?[/quote]
As an example, what prevents pirates from simply confiscating oil tankers?
Who prevented the Soviets from marching into Paris?
Who prevents China and North Korea from marching into South Korea and then taking a little boat trip to Japan?
By the way, Cnada is cool. They had our backs in the Afghan. Australia’s better; they’ve always got our back. Australians have real balls (they’re a mutt nation, like us).
[quote]Headhunter wrote:
If the USA has to be the world’s policeman, but the rest of the world gets a free ride, it’d make sense that our currency weakens. We go broke protecting an ungrateful world.[/quote]
The world’s policeman?
Who is the USA policing angainst in Iraq?
Were Weapons of Mass Destruction found?
Is Iraq better or worst off than before the US Invasion?
War in Iraq is wrong and unjustified.
UN, Canada and more than half of US citizens were against it.
Secretary of State Colin Powell revealed that he spent two-and-half hours trying to persuade George W. Bush not to invade Iraq but that he did not prevail upon the U.S. President. ‘I tried to avoid this war. I took him [Bush] through the consequences of going into an Arab country and becoming the occupiers.’
‘I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.’ - Alan Greenspan the recently retired head of the US Federal Reserve
[quote]LIFTICVSMAXIMVS wrote:
Who are we protecting and why?[/quote]
Corporate interests at home and abroad. Why? Because it’s incredibly profitable.
[quote]TKOWKD1 wrote:
‘I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.’ - Alan Greenspan the recently retired head of the US Federal Reserve [/quote]
Why the hell wasn’t he saying that in early 2003?
Why wait until after the Republicans lose the war before commenting?
[quote]Headhunter wrote:
Cheapskates.[/quote]
Are you familiar with the word Arbitrage?
In economics and finance, arbitrage is the practice of taking advantage of a price differential between two or more markets: a combination of matching deals are struck that capitalize upon the imbalance, the profit being the difference between the market prices. - Wikipedia
Why would anyone be against it? Please consider the following mutual benefits:
The Canadian consumers save money on goods bought in the US at lower prices. Slumping US economy benefits as more goods are bought by Canadian consumers hence stimulating the GDP. Tourism industry gets a boost also. Finally, the Canadian economy doesn’t overheat as the high CAD keeps inflation in check and mitigates high interest rates.
Love doesn’t make the world go round, trade does.
Headhunter, I invite you to a well thought out responce.
You are so right. not many have paid there debt to the US like France for instance. Its time for we as a people to worry about us, let the rest of these nations fork over the bucks.
[quote]Headhunter wrote:
If the USA has to be the world’s policeman, but the rest of the world gets a free ride, it’d make sense that our currency weakens. We go broke protecting an ungrateful world.
Since they decided to be cheap and not help the US, I wonder how they’ll like a world where the US is NOT there to protect them. Or maybe some entity like China ‘protects’ them.
Cheapskates.[/quote]
One good thing I’ve heard is: cheap foriegn labor is crossing into the borders of Canada out of the US to get their healthcare and better wages since the money is equivelent to the US.
[quote]TKOWKD1 wrote:
Headhunter wrote:
If the USA has to be the world’s policeman, but the rest of the world gets a free ride, it’d make sense that our currency weakens. We go broke protecting an ungrateful world.
The world’s policeman?
Who is the USA policing angainst in Iraq?
Were Weapons of Mass Destruction found?
Is Iraq better or worst off than before the US Invasion?
War in Iraq is wrong and unjustified.
UN, Canada and more than half of US citizens were against it.
Secretary of State Colin Powell revealed that he spent two-and-half hours trying to persuade George W. Bush not to invade Iraq but that he did not prevail upon the U.S. President. ‘I tried to avoid this war. I took him [Bush] through the consequences of going into an Arab country and becoming the occupiers.’
‘I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.’ - Alan Greenspan the recently retired head of the US Federal Reserve
[/quote]
What would happen to civilisation without oil? By maintaining stability in the Middle East, the oil flows. What would have happened if Saddam had not been beaten in 1991? I’m sure he’d happily sell you oil, at about $200 a barrel…that is, if it got past the pirates.
The USA is the most noble and moral country in history, protecting the weak and helpless, even if they could afford to pay. Too bad we’ll go broke doing it.