Liberal problems can be blamed only on Liberals. It's not the NDP's fault the Liberals got embroiled in a decades long feud between Chretinites and Martinites.
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Canadian dollar will drop to 59 cents US in 2016, Macquarie forecasts
- Thread starter jokkir
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Liberal problems can be blamed only on Liberals. It's not the NDP's fault the Liberals got embroiled in a decades long feud between Chretinites and Martinites.
Ether_Snake
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I find it quite funny how journalists keep harping "will the government go ahead with its projected deficits driven by investments in infrastructure to boost the economy, if the economy falls further?". Idiots, it's to supply economic activity until the "free market" can do its job again, they should finance the deficit even MORE if the economy gets worst.
They should also massively fund tourism campaigns and double that with immigration adverts around the world, and tweak the laws to let more people in, especially educated people. Make people want to come live here.
They should also massively fund tourism campaigns and double that with immigration adverts around the world, and tweak the laws to let more people in, especially educated people. Make people want to come live here.
My folks are fucking loving this. They bought some property in Palm Springs when the US housing blow up was still going on and the dollar was near par, got it super cheap on foreclosure. After some renovations their agent told them it would be double what the paid if they wanna sell. Tack on the exchange rate change and they will make a mint.
Meanwhile I'll keep eating my Mr Noodle's for lunch and praying my landlord doesn't jack up rent (which he will since the property value shot up 18% last year)
Meanwhile I'll keep eating my Mr Noodle's for lunch and praying my landlord doesn't jack up rent (which he will since the property value shot up 18% last year)
Morrigan Stark
Arrogant Smirk
Glad I made that NYC last year. To think I thought the CAD was bad then. ;_; Seems like I dodged a bullet really.
RIP my desired trip to Yosemite though.
I'm not a separatist, but I'd become one if this ridiculous scenario ever became true. But fortunately it won't.
RIP my desired trip to Yosemite though.
If that's true, does this mean Alberta is fucked?
Meh. Worth it if it means not being part of the fucking USA. At least we'd still have UHC.
I'm not a separatist, but I'd become one if this ridiculous scenario ever became true. But fortunately it won't.
lol @ this delusion.
Speaking of delusional... come on son. Not even close.
industrian
will gently cradle you as time slowly ticks away.
I wonder who'll have a worse 2016: Canada or Australia.
Manifest Destiny
Banned
Such is life in Canada.
Rawr Its Ry
Member
Visiting canada this summer lets see how this goes...
If there was any particular amount of certainty that the CAD would continue to drop, it would already be there no? Maybe there's something in economics/finance that I'm completely misunderstanding, but the amount of attention these predictions get always seems kinda dumb to me.
The falling CAD has definitely shattered any feelings I might have had about cash being particularly "safe". Obviously in nominal terms your not going to lose anything, but really, who cares about anything other than real value? Diversification is where it's at.
The falling CAD has definitely shattered any feelings I might have had about cash being particularly "safe". Obviously in nominal terms your not going to lose anything, but really, who cares about anything other than real value? Diversification is where it's at.
jstevenson
Sailor Stevenson
that's insane
The Main Event
Member
Damn planning to go to Cali in March, I'm going to get butt raped by this.
UberTag
Member
More like poor everyone else in the world that isn't the United States.
Then again, if you were American, you'd have to be worried about getting shot tomorrow.
So isn't being poor the better alternative?
My chances of being shot this year are less than 0.003%.
My chances of not being a broke-ass foreigner are 100%.
Pretty easy decision imo.
The value of money changes all the time.
It wasn't long ago the Canadian dollar was worth more than $1 US.
IceDoesntHelp
Banned
brb killing myself.
Goose_Se7en
Banned
If I win the Powerball, I'll be moving to Canada.
If you can find a place that will convert it at a good rate for you, why not? Doubtful, though. Banks aren't nice about that right now.
If it was certain that the CAD would fall to 59 cents it would already by 59 cents.
This would be currency speculation and highly risky.
Norbert's Gambit. The gist of it is that you buy a stock listed on both US and Canadian markets, and sell it one the other countries market. So if you wanted to convert CAD to USD to could buy a bunch of RY stock in CAD, and then sell it for USD.
http://canadiancouchpotato.com/2013/12/03/norberts-gambit-the-complete-guide/
beat
Member
I thought a lot of the Canadian oil sands weren't even economically viable until mid 2000s though.
Brandi's in Vancouver. It's the same place Ben Affleck was caught during his relationship with J.Lo
The others, not as classy with an increase in the amount of HA and other gang members there. Lot of good places in Montreal as well.
Maple Syrup has gone insane because of higher fuel costs but mainly because it has taken off as a big commodity in Eastern Europe and China.
Ugh feel bad for the Canadians
Just think Halo Wars 2 will probably cost $84.99-$89.99.
British Columbia is Iowa with half the despair.
Still hard to come to grips with the current strength of the USD. I live in Hicksville, Oklahoma and as a programmer I make as much money at the current exchange rate as a Japanese businessman in Tokyo. The dollar has risen 60% versus the Indonesian rupiah since I moved from Indonesia to the USA. Just kinda insane.
March of the Crabs
Member
That's one of our cheaper prices lol. New game pre orders have hit $84.99 now. In other words, I am no longer buying new games.
Brandi's sucks. Go to Penthouse instead.
Elitist1945
Member
So I'll be cancelling a vacation because of these, but when I get my deposit refunded will I be losing money?
bonesmccoy
Banned
Some of these comments have made me realise that many people on GAF have no recollection of the early 90s to the mid 00s.
I remember going to a Expos baseball game and buying like a dozen dollar dogs
I remember buying a pack of gum for 25 cents.
DonasaurusRex
Online Ho Champ
what have they..to say now?
Maybe ill take Niagra off your hands there Kanaeda if your hard up for some real currency bwahahhahahahha
...US will probably crash and burn soon enough with our bonds market shenanigans anyway...
Maybe ill take Niagra off your hands there Kanaeda if your hard up for some real currency bwahahhahahahha
...US will probably crash and burn soon enough with our bonds market shenanigans anyway...
Old people finally learned how to use the internet
Some posters weren't even born yet during those times....
The problem with this statement is that 90s/00s prices did not have decades worth of inflation along with changing global economics.
That, and prices never really went down for most goods when the dollar reached parity. Companies simply pocketed the difference, and are raising prices now to make up for the decline.
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