FlyerTalk Forums - View Single Post - Has the CDN dollar been affecting you?
View Single Post
Old Jan 28, 2004 | 9:25 am
  #59  
cattle
 
Join Date: Jun 2002
Posts: 5,284
There is talk of them dropping at least another .25 on March 2 and possibly as much as .75 over the course of this year if they US doesn't raise theirs.

It's not just Canada that is suffering. Many countries around the world are complaining about the US dollar. The US needs a weak dollar to fend off imports in the hopes they can keep people working in the US.

The US is supposed to be $2.4 Trillion in debt by 2013 (I believe that is the correct year) That number increased from a projected $1.4 Trillion forecasted just last year. These numbers are not just becasue of the war in Iraq despite how much it is costing them.

Seems Bush doesn't mind spending his voters future during his administration

[This message has been edited by cattle (edited Jan 28, 2004).]
cattle is offline