Saturday, September 29, 2007

Money not on sale in Canada anymore

The US Dollar seems to be imploding. The Canadian dollar is now basically even with the US Dollar, which is a very new phenomenon. I don't know what the implications of this are other than the obvious: other nation's stuff is more expensive to us, our stuff is cheaper for them. That's what happens when you have a big trade deficit and big budget deficits for a long time, I guess.

2 Comments:

Blogger Sarah said...

I think it means no more luxury discount vacations for us in Canada.

6:44 PM, September 29, 2007  
Anonymous Mad Latinist said...

I think it means comedians will look stupid when they inevitably continue to use the Canadian Dollar as the proverbial valuless currency. Well, even more stupid: it never was THAT valueless.

7:28 PM, September 29, 2007  

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