Happyrat
Google Is Your Best Friend
Premium
join:2002-07-01
Disneyland
2 edits | reply to LaZ3R
Re: Loonie keeps going DOWN! :p
Part of the cause is the sub prime mortgage fiasco in the US, but the other cause is rising commodity prices and $100 a barrel oil.
These are all the factors that are pushing us up against the US dollar...
[EDIT]
The trillion dollar a year black hole that the Americans are shovelling money into in Iraq doesn't exactly help their case either... Gov't spending is a key cause of inflation and military spending generally is one of the worst...
[EDIT]
Plus I almost forgot America's $6 trillion trade deficit with China...
America: She in deep doodoo...
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So... WHEN exactly does Hell freeze over anyway? »fuzzyrat.com |
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Devanchya
Smile
Premium
join:2003-12-09
Ajax, ON | so sad.
Had to buy US cash today for a trip I'm making (no optional), and spent 6 extra on the US cash.
Banks have us under par again... |
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