Joe The Homophobe
Master Don Juan
if you don't like that you probably won't like the north american super highway which they have been trying to cover up for years.Maxtro said:
America now officially in recession, how will you change?
- Thread starter Joe The Homophobe
- Start date
SmoothTalker
Master Don Juan
Ah, I see. Read my post above the one you quoted. How many dollars a particular currency is worth does not matter. A Japanese Yen is extremely cheap, 102.49052 yen to a US dollar today, ie 1/10 of a Peso, but their economy is the second biggest in the world, way ahead of Mexico.
If, (big IF) we were to get a North American currency, it would likely be valued at roughly the same as an American dollar and Mexican's would simply earn fewer 'dollars' than Americans and Canadians. The currency wouldn't suddenly have to collapse because Peso's aren't worth much.
If, (big IF) we were to get a North American currency, it would likely be valued at roughly the same as an American dollar and Mexican's would simply earn fewer 'dollars' than Americans and Canadians. The currency wouldn't suddenly have to collapse because Peso's aren't worth much.
taiyuu_otoko
Master Don Juan
I love a weak dollar! I get paid in Yen! Lots of em 
just so suave
Senior Don Juan
It affects nearly every other country aswell, the same thing is happening in Britain right now. We're coming out of the boom, this sort of thing happens every 50 years or so.
canadianmetalhead
Don Juan
- Joined
- Feb 19, 2008
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hopefully this northamerican union **** doesnt happen. Our country has completely kept us in the dark on this subject and everyone is against it. Canada will be sovereign and free!
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I admit, I'd be freaking out too if it weren't so easy to invest in foreign mutual funds like I have been doing for years (and I have a significant percentage of my overall portfolio in foreign stocks and bonds).
Investing in just one country is risky; including only the U.S. My opinion, of course. Warren B. disagrees with that. Granted, if I could pick stocks (companies) like Warren B., I wouldn't need foreign investments.
Investing in just one country is risky; including only the U.S. My opinion, of course. Warren B. disagrees with that. Granted, if I could pick stocks (companies) like Warren B., I wouldn't need foreign investments.
I think our problem fundamentally is that we continuously run a trade deficit overall and with with several countries. Combine that with most all of our industry having been outsourced. Whether you're on a gold standard or fiat money, how are you suppose to balance things when the dollar drops when we really don't have that much to export to drive the dollar back up?