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Originally Posted by fatty

After enduring years of teasing from my American colleagues, our dollar is predicted by some to equal or exceed the USD by the end of the year :p

Woo hoo! Excellent news for once! it is about time our US dollar dropped off the face of the planet! It might hurt me some in the short term (I have many digits in Canadian dollars, so don't think I will hurt that much), but it will jump start our economy!

This is the exact thing we have been complaining to China about - the low value of the Chinese currency! Now it is our turn to take this world back over with force!

-S

PS.

Originally Posted by Heibges

I guess being $11T in debt, and the fact it has doubled in the last 6 years, doesn't make for strong currency?

Hahahahaha! you are so funny! Do you think for a second the US Gov will pay $1 per every $1 on that debt? It is on a 40 year cycle of $.05 on the dollar! That was set back in the 1940's! So expect the US Gov to actually pay out 600 billion or less.