I was impressed with the interview. I thought he did a good job.
AK
The USA is a bankrupt JUNK YARD !!!
Cubaking Wrote:The USA is a bankrupt JUNK YARD !!!
too much tainted salmon I reckon.
ak
Why is the US$ on the rise?
Major Currency Cross Rates
Currency
Last Trade U.S. $
N/A ¥en
5:16pm ET Euro
5:04pm ET Can $
5:29pm ET U.K. £
5:06pm ET AU $
5:06pm ET Swiss Franc
5:11pm ET
1 U.S. $ =
1 110.5400 0.6808 1.0608 0.5359 1.1544 1.0958
1 ¥en =
0.009046 1 0.006159 0.009597 0.004848 0.010443 0.009913
1 Euro =
1.4689 162.3721 1 1.5582 0.7871 1.6957 1.6096
1 Can $ =
0.9427 104.2044 0.6418 1 0.5052 1.0882 1.0330
1 U.K. £ =
1.8661 206.2787 1.2704 1.9796 1 2.1542 2.0449
1 AU $ =
0.8663 95.7553 0.5897 0.9189 0.4642 1 0.9492
1 Swiss Franc =
0.9126 100.8761 0.6213 0.9681 0.4890 1.0535 1
Canadian dollar sucks CK
We need the US dollar to rise again.
The resiliancy(sp?) of the economy to bounce back and not tank further is proof of the polices from the Bush administration. Oil is going down, the dollar is rising, stock market is rising. Noone has ever said our economy was perfect, noones is. Anyone can make money in the good times. The proof of an economies strength is how it weathers the down cycles, I think this one has passed with flying colors.
AK
CK is an asshole, Angelking BUT I personally don't think you have turned the corner yet. There is still a lot of subprime shit about to happen until the last of the 3 year terms have ended and the death thrashings have finished. You have lost a sizable chunk of your manufacturing to China, Mexico and India as have we. Everything is being farmed out to them. I just had my credit card frozen after I charged a hotel room in Peru on it. I forgot to notify the bank about my trip and as a precaution against fraud, they froze it. I called and guess what... I got my call routed to India where I delt with an idiot who spoke lousy English and could not understand that I was in the fucking Andes Mountains and the calling cards are good for 11 minutes ONLY!!! I had to repeat every answer 3 times to be understood. Now if that had been a good old Canadian answering the phone, the problem would have been cleared up in two minutes. I guess it is cheaper to hire an East Indian half a world away.
We are in for some rough times still but ..... The Sky is not Falling CubaChump!!
rainbow Wrote:CK is an asshole, Angelking BUT I personally don't think you have turned the corner yet. There is still a lot of subprime shit about to happen until the last of the 3 year terms have ended and the death thrashings have finished. You have lost a sizable chunk of your manufacturing to China, Mexico and India as have we. Everything is being farmed out to them. I just had my credit card frozen after I charged a hotel room in Peru on it. I forgot to notify the bank about my trip and as a precaution against fraud, they froze it. I called and guess what... I got my call routed to India where I delt with an idiot who spoke lousy English and could not understand that I was in the fucking Andes Mountains and the calling cards are good for 11 minutes ONLY!!! I had to repeat every answer 3 times to be understood. Now if that had been a good old Canadian answering the phone, the problem would have been cleared up in two minutes. I guess it is cheaper to hire an East Indian half a world away.
We are in for some rough times still but ..... The Sky is not Falling CubaChump!!
I agree, we are not out of the woods yet. And I also agree about the
outsourcing. I spend more time with them over language issues than it takes to solve the problem I called about.
AK
I always felt that when the US recovered it would be fast and furious. To give Bush credit for any correction, it would only be reasonable to say he takes the blame for the downturn. Perhaps that is fair.
Real Estate in many areas has stopped falling. California is starting to perk a bit. Canadians must have bought 10% of Arizona now.
(Hate to be a waiter in Arizona, Canadians are lousy tippers when in the USA).
The low dollar has helped the US export industries. The next administration will have some work to do but if the fundamentals start to make sense, it will rebound.
The thing's people like CK dont understand are that Canada need a strong economy in the US, and that the US has some of the smarter economic players in the world.