Gypsiyee wrote:I never said Canada's valuation had any bearing on the economy; I mentioned it because it gives a nod to what I'm saying about the economy and how it's not doing as hot as seems to be the idea here. The fact that Canada's dollar surpassed ours certainly makes me question what we're doing wrong when we're meant to be a financial superpower
that's a stupid fucking statement(and really condescending too), and really kinda shows that you don't actually know what you're talking about
Here's maybe a bit of a hint as to why our dollar is strong right now:
Greatest Oil Reserves by Country, 2006
Rank Country Proved reserves(billion barrels)
1. Saudi Arabia 264.3
2. Canada 178.83. Iran 132.5
4. Iraq 115.0
5. Kuwait 101.5
11. United States 21.4
You're also needing to import 12.2 Million barrels of oil PER DAY just to feed your daily consumption (which is 3 times higher than the #2 consumer, china)