Us Dollar > Canadian Dollar

[cellardoor6]

Hmm, seems the Canadians have lost something they have been gloating about as of late.

Current rate:

1 USD = 1.0133 CAD

1 CAD = .9869 USD

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"OMg liek we R pwning you cuz r dollar be more value nao"

[AbsurdRandomness]

HAHAHAAH LOOK AT THAT!

We're worth .4 more so were better lol fuck canadaiqwefja;

[Zeistro]

At 12/4/07 08:03 PM, cellardoor6 wrote: Hmm, seems the Canadians have lost something they have been gloating about as of late.

Current rate:

1 USD = 1.0133 CAD

1 CAD = .9869 USD

-----------

"OMg liek we R pwning you cuz r dollar be more value nao"

I never really got involved in that thread because I wasn't sure if poxpower is just trolling lately, but one thing for sure is you're gonna get canadians says "Bulshit r monay iz stil mor valuble ur sors iz rong" or the infamous "Well at least the world doesn't hate us."

Little do people realize, the higher value of the currency hardly matters when it comes to wealth of the economy.

[cellardoor6]

At 12/4/07 08:13 PM, AbsurdRandomness wrote: HAHAHAAH LOOK AT THAT!

We're worth .4 more so were better lol fuck canadaiqwefja;

The point is that when the Canadian dollar went above the US dollar Canadians and people from the UK and Australia and so forth were heralding it as if it was momentous and proof that "lol Canada pwnz you". You should have seen Canadian news, the CBC was basically having a party.

But the Canadian dollar's higher value was temporary, due to a downturn in the US. There was a brief buffering period which allowed the Canadian dollar to have a relatively higher speculative value. The downturn in the US is now affecting Canada though. The Canada dollar went down from its high before the interest rate cut anyway, but the interest rate cut which the Canadians central bank used as a coping measure, pushed it down further.

I suspect there will be more fluctuations, especially if the US cuts interest rates again, but Canada's economy is linked to the US, they can't outperform the US because their performance is dependent on the US economy anyway. What's bad for the US is bad for Canada, they're just too caught up in their inferiority complex to want to admit it.

I suspect that even if their will be a few spikes in the near future, Canada's dollar will reach parity or a slightly lesser value again and again. It's natural.

[cellardoor6]

At 12/4/07 08:17 PM, Zeistro wrote: I never really got involved in that thread because I wasn't sure if poxpower is just trolling lately

He's harmless. He's too wacky to be a troll.

but one thing for sure is you're gonna get canadians says "Bulshit r monay iz stil mor valuble ur sors iz rong" or the infamous "Well at least the world doesn't hate us."

Meh, Canadians might get more creative than that. Maybe we'll hear the whole "you need us cuz our oil, your economy is shit lolz and depends on Canada" neverminding how much Canada's entire economy depends on the US, to a much lesser degree than the US depends on Canada.

[Lindione]

The U.S. dollar's value will probably go over and under the dollar of Canada several times, so I'm not really concerned or joyed about this at all.

[LightandDark]

It happened in the '70s, it happened a month ago, it's going to happen again.

I just wish that other Canadians/other foreigners realize that the value of the dollar doesn't mean anything in their economy.

[Maxben]

Haha, we aren't that bad to you guys :P
The thing was, we never in a million years thought we would pass the American Dollar, so the surprise and shock when it happened turned into national pride. "Accepting American Dollar On Par" was the main slogan, not we pwnz you.
Seriously, a strong Canadian buck is useless and harmful to us. We need you Americans coming in and waste money here cause its cheaper rather than our citizens going over to you and doing the same.
Also, a bunch of manufacturing jobs were at risk because of it.

But at least the world doesn't hate us :P

[cellardoor6]

At 12/4/07 09:40 PM, Maxben wrote:

But at least the world doesn't hate us :P

That's because your country is feckless and irrelevant. People hate the US because it's the world's superpower, so there is a major doublestandard. Something Canadians themselves criticize the US for is something Canadians do as well, they just have less power so they get less attention from it. Even Canadians themselves are oblivious.

But hey, why would people focus hate on Canada? If you're angry at a man, why kick his poodle?

[Elfer]

Well, I don't mind the dollar hovering around parity, it simplifies the mental math for eBay.

The values are now different by less than two percent, or as us engineering students call it, "exactly the same"

To be honest I'm surprised it took as long as it did for the US dollar to hop up again.

[Gunter45]

At 12/4/07 09:55 PM, cellardoor6 wrote: If you're angry at a man, why kick his poodle?

Because it's a dick move and it would probably make him really upset.

[bifgis]

Ummmm....

Does it matter?

[cellardoor6]

At 12/4/07 10:21 PM, Elfer wrote: To be honest I'm surprised it took as long as it did for the US dollar to hop up again.

10 weeks...

That was pretty damn quick as far as currency goes.

[cellardoor6]

At 12/4/07 10:27 PM, bifgis wrote: Ummmm....

Does it matter?

I find it funny how it matters a whole lot when the Canadian dollar went above the US dollar. Canadians were filled with glee and were celebrating it as if it they defeated the US in a competition or something.

Then when the Canadian dollar goes back down below the US dollar, Canadians play it off like it's not a big deal. They pretend like currency value, which they were just previously hooting and hollering about, is now meaningless.

Funny how the double standard goes.

[therealsylvos]

At 12/4/07 10:32 PM, cellardoor6 wrote:

Funny how the double standard goes.

Not really, I mean think about as if it was college football.
if in an unranked team defeats the #1 ranked team, there is a huge uproar and crazy amounts of celebration, but when it is the ranked team beats the unranked team, there is merely a yawn.

[bifgis]

At 12/4/07 10:32 PM, cellardoor6 wrote:

At 12/4/07 10:27 PM, bifgis wrote: Ummmm....

Does it matter?

Funny how the double standard goes.

Funny how that wasn't me, cause I understand a lot more about the world than the 13 year olds on here.

[Elfer]

At 12/4/07 10:32 PM, cellardoor6 wrote:

At 12/4/07 10:27 PM, bifgis wrote: Ummmm....

Does it matter?

I find it funny how it matters a whole lot when the Canadian dollar went above the US dollar. Canadians were filled with glee and were celebrating it as if it they defeated the US in a competition or something.

Well, it was basically a victory for bad currency jokes. Had people from the US not been making years of jokes about how the Canadian dollar was worthless, I doubt that anybody would have cared.

[cellardoor6]

At 12/4/07 11:49 PM, Elfer wrote: Well, it was basically a victory for bad currency jokes. Had people from the US not been making years of jokes about how the Canadian dollar was worthless, I doubt that anybody would have cared.

That may be true.

But I don't think anything but a giant double standard or quest for revenge can explain why Canadians were basically partying when the Candian Dollar first peaked over the US Dollar.

I remember watching it on CBC News, which is channel 99 here.... wow. It was like the collective Canadian society had an orgasm all at once. Then George Straumbolopoulus on the CBC show "The Hour" made about 10 jabs against Americans in the 1 hour show mentioning the dollar.

A few American comedians may have ripped on the Canadian dollar, but that doesn't quite match the virtual celebrations Canadians had.

[Elfer]

Well, we had to get you back for thirty years of jokes in a mere ten weeks, that equals 156 times the rate. Simple math, really.

[bcdemon]

At 12/5/07 12:25 AM, cellardoor6 wrote: I remember watching it on CBC News, which is channel 99 here.... wow. It was like the collective Canadian society had an orgasm all at once. Then George Straumbolopoulus on the CBC show "The Hour" made about 10 jabs against Americans in the 1 hour show mentioning the dollar.

So what actually happened on the CBC? Who said and did what that made it so amazing to you? And by the way, I watched that Colbert guy make jokes too, about the US dollar, saying we owed the US copyright infringement penalties for using the word "dollar", except he wanted payment in Canadian dollars. Hell I even laughed.

Funny thing though, you're here doing now what you laughed at Canadians for doing before. Do ya feel as foolish as you look?

[SizZlE666]

I predict that Poxpower is destroying the human race right about... Now.

[cellardoor6]

At 12/5/07 12:47 AM, bcdemon wrote:

So what actually happened on the CBC?

Who ever the blond CBC morning woman is, she was smiling the whole time, then she went to some correspondent who was at a Canadian stock exchange where they were cheering.

Funny thing though, you're here doing now what you laughed at Canadians for doing before. Do ya feel as foolish as you look?

First, coming from you...lol.

Secondly I'm not doing what Canadians did whatsoever and you know it, you're just trying to latch on to something right now to make this thread about me so that you can cope with having your source pride compromised again.

I'm not heralding this as a "We pwned you" issue.

I'm using it, partially, to vindicate the things I said previously in the threads that Canadians made when the Canadian dollar first went over the US dollar. I stated that it was cyclical, that currency value doesn't automatically reflect or implicate a better economy. I stated that things would balance out again and that the fluctuations were normal... and these things have been validated by the recent drop in the Canadian dollar, which this thread is about.

If was doing what Canadians did, I'd be saying things like "Lolz in your face. this means we owned you, your economy sucks because of this, we are better because our dollar is worth moar".

[Tri-Nitro-Toluene]

Meh, who gives a shit?

The relative strength of two currencies compared to each other is pointless. The Canucks were stupid for holding it as some kind of victory, and you yanks have been stupid for making jokes about it, for god knows how long.

You're both as bad as each other for thiking that the value of a piece of paper actually someway equates to superiority.

[cellardoor6]

At 12/5/07 06:01 AM, Tri-Nitro-Toluene wrote: Meh, who gives a shit?

The relative strength of two currencies compared to each other is pointless. The Canucks were stupid for holding it as some kind of victory, and you yanks have been stupid for making jokes about it, for god knows how long.

You're both as bad as each other for thiking that the value of a piece of paper actually someway equates to superiority.

Because Brits never, ever gloat about their Pound being worth a lot now do they?

Never.

[bcdemon]

At 12/5/07 01:44 AM, cellardoor6 wrote:

At 12/5/07 12:47 AM, bcdemon wrote:

Canadian stock exchange where they were cheering.

Holy cow?? People involved in trading millions of dollars are happy at a currency change? Get the fuck out of dodge.

Funny thing though, you're here doing now what you laughed at Canadians for doing before. Do ya feel as foolish as you look?

Secondly I'm not doing what Canadians did whatsoever and you know it, you're just trying to latch on to something right now to make this thread about me so that you can cope with having your source pride compromised again.

LOL my source of pride compromised. Yes our dollar is a source of pride for me, must be its pretty colours. And yes, you're gloating. That's why you made a brand new topic as opposed to using the older topic that would have worked just fine.

[cellardoor6]

At 12/5/07 08:37 AM, bcdemon wrote:

At 12/5/07 01:44 AM, cellardoor6 wrote:

At 12/5/07 12:47 AM, bcdemon wrote:

Canadian stock exchange where they were cheering.

Holy cow?? People involved in trading millions of dollars are happy at a currency change? Get the fuck out of dodge.

Dude, they had a banner... they planned festivities apparently.

That's not the same as the floor at the exchange getting a bit rowdy if the stocks are doing well. Hell, some Canadian stocks based around exports actually WENT DOWN when the Canadian dollar went up, because it compromised Canada's trade surplus with the US.

LOL my source of pride compromised. Yes our dollar is a source of pride for me, must be its pretty colours.

No, I'm thinking that years of living in a country that is dominated by the US economically and culturally probably makes you have to overcompensate a bit to cope with it.

You're a patriotic Canadian, your patriotism is based mostly on your tendency to compare yourself to the US in some way, because that's basically all Canadians can do. Canadians have to define themselves and create pride by comparing themselves to the US and distort the situation to pretend Canada is superior in some way.

Such is the staple of the junior partner mentality.

And yes, you're gloating.

If I'm gloating, it's not about the US dollar.

That's why you made a brand new topic as opposed to using the older topic that would have worked just fine.

I made a new thread because that topic was old, and my post wouldn't have gotten anything more than a few replies and nobody would know about it.

You might as well expect the people in the thread about the intelligence report on Iran to bump a 3 month old topic about Iran.

[emmytee]

1.00 GBP

=

2.03119 USD

yyyyeeeeeeeeeaaaaaaaaahhhhh

[Slizor]

Because Brits never, ever gloat about their Pound being worth a lot now do they?

Never.

Nope, they go on holiday to the US and get everything at really bloody cheap prices. We don't gloat, we revel in it and then come back and find that the things we bought are incompatible with British systems.

[AapoJoki]

Wow, congrats...

So what's that in Euros? 24 cents?

just kidding, I hate the Euro. I'd rather have a weak national currency.

[dELtaluca]

what does it matter?

GBP > USD :P £1 = $2.0577