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Born at the Crest of the Empire

Thursday, September 20, 2007

A two generation joke ends

For as long as I can remember, the comparison of the US dollar to the Canadian dollar was a joke at the Canadians' expense. Now, for the first time in over forty years, they have reached parity.

Tell me again about the wonderful economy, Mr. Bush.

4 Comments:

  • And the Euro reached a record high at $1.40...

    By Blogger -epm, at 11:05 PM  

  • Yeah, but I haven't spent years watching the "Hockey Night in Canada" guys make jokes about the euro.

    By Blogger mikevotes, at 7:07 AM  

  • clearly our currency is inflated.

    ... and, therefore the high numbers seen in the latest leap of the Dow/Jones averages are equally inflated.

    which means that people with low or no incomes are spending more and more for less and less.

    but, I guess it's a great economy if you're holding internationally-denominated stocks or gold...

    By Anonymous Anonymous, at 3:20 PM  

  • Or some assets.

    By Blogger mikevotes, at 4:01 PM  

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