Limestone Roof
Limestone Roof

Monday, October 19, 2009

$1 USD = $1 CAD

Anxiety in Canada Over Near Parity with US Dollar
All the world prefers a strong dollar, except American leadership - how else to pay off our massive debts?

Related
Weak Dollar, Oblivious Treasury?
The dollar is down an average of 15 percent in just over seven months. If it falls about 5 percent more, the dollar will hit an all-time low.

What's Inside the Deficit?
As you know now, the deficit for FY2009 has reached $1.4 trillion, or 9.9 percent of the GDP. It's the biggest deficit since the end of World War II.

Whistling Past the Graveyard
The so-called “stimulus bill” is nothing but a reorientation and massive increase in long-term spending. The real stimulus is current spending on all parts of government grossly in excess of current tax receipts. This can go on for a while, but even the balance sheet of the United States is finite.

Oil tops $80, highest since Oct 14, 2008

Labels: , ,


AddThis Social Bookmark Button

This page is powered by Blogger. Isn't yours?