Will Canadian Loonies Equal 2 per US Dollar Soon?

Philosophy Forums Society, Government, and Economics
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cbc.ca/beta/news/business/do … -1.3406105

Trudeau’s stupid looking face has managed all by itself to plunge the Canadian Currency to disturbing lows.

The question arises, can we make every Canadian Dollar worth 50¢?

This is a important question, for anyone ever planning to revisit Niagra Falls, Canada has this knock off version of the Starbucks building from Austin Powers, it’s a restaurant that rotates, and its seriously overpriced for the qualoty of food in it.

Canadian money is useless, just sits in a coffee mug for years, even decades… once in a while, you take it out and look at ut, wondering why a country would need a two dollar coin. Weird blue money with some old lady from another country on it… you look at it, put it back, and thats it for Canada… no more thinking about them fir that year.

I suspect half of Canada’s currency is trapoed in American mugs across the US. No one has ever figured out how to use those coins in a strip club… are you supposed to pelt the dancer with them, work it into them like a slot machine?

Outside of oil, strippers and tourist to Niagra Falls are the main money makers for the Canadian economy, it has nothing else to fall back on. Igloo making, lumberjacking, ice fishing, hunting beaver pelts… these are admirable skills, but not the basis for a modern economy.

If it plunges towards 50¢, I can promise many Americans will rush out and buy upwards a hundred dollars, maybe even two hundred, in Canado-Bucks, and proceed not to use it till they go on that Niagra Falls trip a decade from now.

What does this mean for Canada? Currency shortages… not everyone gets paid, a inability to pay for imported fruits from America, general hardship all around.

You can’t help but look forward to it. Its just a intriguing scenario. We aren’t heartless, we will provide you with refugee bags of rice. One bag can keep a family alive for one month. Give you a bucket of horse soy… lots of protein, no need to refrigerate.

Canada is the largest producer of Flax Seed on the planet, so if you love Canada, buy some flax seed, but only if it says, made in Canada.

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Throwing change will get you kicked out of the strip club every time. Just wait until you’re ready to leave anyway then throw it.

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0.68 US Dollar

18 more cents to go. The good news is, oil hit $28 dollars a gallon, and Iran is now just entering into oil markets with a vengenance. Stocks went down today, but how far will they fall once Iran, hungry for currency and with reserves ready to go, enters full force? It needs to make up for lost time.

So we may all be fortunate to witness the collapse of the Canadian Federal Government a total cessation of all Socialism soon. It means we can all mass buy Canadian dollars for hakf of what they are normally worth, heck, we might even be able to buy Canadians… the people, not the currency. They will all be starving, going house to house in the lower 48 looking for food in exchange for labor. Great way to get a near free household maid for the price of some white rice and soy sauce.

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The US dollar is currently worth about 70 British pence.

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1 British Pound equals
0.43 Kuwaiti Dinar

Isn’t it amazing, the US keeps all of it’s most dependable henchmen rich. Were such a nice bunch if neo-imperialist.

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Been waiting for the collapse of Canadian socialism for years, but I wouldn’t hold my breath just yet … dumb luck always seems to work in their favour.

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At least it won’t drag the entire world down with it, like American capitalism is doing as it collapses.

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And in that context we realize who Trump is … he seems like a paladin of capitalism trying to prevent (or at least capitalize out of) this collapse.

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$12.00 and all I got was this bag of potatoes.

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That article is a childish one, written by someone who does not understand even the basics of economy, forget about complexities. All that is nothing but an attempt of sensetizaition, which is unfortunately has been become a trademark of modern journalism, besides selective and bias reporting.

Let us not confuse the relative ups and downs of the currencies with the economic strength of their respective countries. These movements do not give exact picture all the time. There are many different and subtle issues involved here.

Secondly, and more importantly, USD is not the currency of US anymore since many decades. It is more like a property or commodity universally accepted for bartal, just like gold.

Thirdly, contrary to the perception of those US citizens, who sometimes think the value of USD as nationalistic/patriotic issue and take pride in its rising value, the value of USD has very less to do with the condition of US economy. US has very less control on its value either, except the bond rates decided by the Fed. What people do not understand that USD is many times more owned by others than US govt, companies and citizens.

The Canadian economy and currency are doing fine, better than the most of the other developed nations. If Canadian Dollar comes down at half of USD, it would work in the fovor of Canadian economy, and harm US more than benifit. If the import of US food items becomes costly of Canada, the whole of the other countries, whose currencies are also falling like Canadian Dollar, or even more, are open to buy those eatables.

Chinese are not fools for keeping Yuan artificially down since last 4-5 decades. Whatever trade surplus they get from exports, they keep it as US treasury bonds and USDs, instead of their own currency. The same is with oil exporting nations like Saudi Arabia and Kuwait. And, these countries are doing this for many decades. These are actual beneficiaries of the rising value of USD as their savings worths more in the international market with every rise of USD.

With love,
Sanjay

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$16.00 and all I got was this dusty bag of potatoes.

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At least they included the dust.

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Yes, but I can’t eat dust. Maybe if I put some ketchup on it…

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Pretty much, yes. But it’s a little more intricate than that. You don’t just pelt them. What they do is take a loonie and stick it on their tit or on their belly or on their ass or on their pussy, and what you have to do is throw another loonie at it. If you manage to pelt it off, you WIN!!! If you just hit her skin with all 10 or 20 lonnie that you willfully decide to waste, then you fucking lose.

If you win, you get a prize! You get your choice of a magnet with a picture of her on it showing off her boobs, or a lighter with a picture of her showing off her boobs, or a poster of her showing off her boobs. I always go for the poster myself because that means there’s the off chance she might come to you after 10 or 15 minutes and sign it! Then you can flirt with her for a couple minutes, feel a bit in love, then go home and jerk off.

I actually asked one of these girls one time, during my two minutes of flirtation, what she likes better: the pelting of loonies or the five dollar bills that some bloke make into a paper airplane and launch at her pussy. She said she didn’t care. I said sometimes I prefer the paper airplane, sometimes the loonie–depends on whether I feel like being a gentleman or playing the game–either way is a form of flirtation. Then she left.

Now, I’ve been down to the US, and that’s a whole different ball park. Almost enough insentive to make me wanna move down there. Pussy is sooooo easy down there. But alas, I’m stuck up here in Canada with my precious 2 minutes of flirtation. Better than nothing I guess.

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You should move to a more southern climate, like Fargo.

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Yeah, pussy is easy in the United States for about $40,000.00 plus per year…

Not so much if you make less.

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This is great news for Canadian exports idiot.

And the US will be buying, and Canada will be working.

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Given your woefully silly assumptions about what the exchange rate means, you might do better to try and spend your money on something more nutritious. It seems your brain could do with something more.

With the CAN$ worth less, it just means that they won’t be buying so much from the USA, but will be exporting more to the USA.
Think it over!

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The only thing they have to export is blackberries (not so smart phones), which are being phased out as no one wants that shit, oil, which is economically depressed, and potatoes.

Will Potatoes save the Canadian Economy?

Your logic only works if the country in question has a diverse enough economy to Judo Throw it’s neighbor. Its not expected to be a long term depression, just as long as Trudeau is in office… cause money don’t like his stupid daddy wannabe face. So your not going to see a flood of factories being built, cause in the long haul, corporations will have to pay more per employee for less work in exchange, right when the economic equilibrium is going to balance itself.

But in the short term, we can ruin Canada and get Niagra Falls Bucks, or just keep the money as keepsakes, and never, ever reinvest the currency back into the Canadian economy, no matter the schemes of politicians to convince us to give it back. We can show our friends the rolls $50 and $100 rollsbills we pilfered, or how we lined the bottom of our fish tank with Loonies, so it looks like pirate gold.

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Have you even bothered to look at current produce prices in Canada amongst this current food inflation?

I didn’t think you did either smartass.

I rember you, that Liberal pretend know it all Englishman.