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Canadian dollar reaches parity with US dollar.

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by Skowl » Sat Sep 29, 2007 5:35 pm

GetterDragun wrote:
Uncrazzimatic wrote:
DesalationReborn wrote:Canada's screwed.

Sorry did I miss something? Is having a strong currency now a bad thing?

Because historically Canada has had a crash after their dollar equals the US's.

Yes, because our economy is based alot on exports. We need to export stuff to live. And if our dollar is too high, nobody buys our stuff, so we have nothing to export... which means no money...

But still, it sucks that I gotta pay 80$ for a leader toy when they're only like 40-45$ in the US.

Scam.

Skowl: City Commander; Posts: 3081; News Credits: 665; Joined: Wed Oct 27, 2004 6:20 am

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