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"Why would we ever care about the value of the canadian doillar? What would we ever buy from them except maybe oil?"
I suppose our senior citizens (your parents and/or grandparents) could have bought out-of-sight prescription meds a little cheaper. However, let's not worry about our seniors, most on fixed incomes.
Spoken like a true isolationist. If this is happening in Canada, what do you think is happening in the rest of the world, like China and Europe?
"The dollar neared its all-time low against the euro and fell below 106 yen as markets focused on the massive US current account and fiscal deficits following the re-election of President George W. Bush.
The euro rose to 1.2874 dollars in late European trading from 1.2821 late on Wednesday in New York. "
BTW, where do you buy your foreign car, your digital camera, your computers and electronics and your kid's toys?
Pull your head out flint. Much as you'd like to, we don't live in a vacuum.
Sherwood
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