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How low will the U.S. Dollar go?

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How low will the U.S. Dollar go?

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Old May 1st, 2006, 04:55 AM
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How low will the U.S. Dollar go?

I remember growing up in Michigan back in the 60's and the Canadian Dollar was stronger than the U.S. Dollar.

Several years ago I was in Vancouver and stores actually had signs that said, Half price if paying with U.S. Dollars.

And in the newspaper yesterday, the U.S. Dollar is only about 10% stronger than the Canadian Dollar.

How low will the U.S. Dollar go?
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Old May 1st, 2006, 07:34 AM
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I have absolutely no idea. On the other hand, I consider the question to be irrelevant. If my kids, who now are in their twenties, were five years old today, I would not register them in a French immersion school as I did back then. They’d be learning Mandarin.
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Old May 7th, 2006, 07:49 AM
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Judy - What can you possibly mean by that response?
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Old May 7th, 2006, 08:54 AM
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i think that she means, in the words of Sam Goldwyn, "Never prophecy, especially about the future."
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Old May 7th, 2006, 01:25 PM
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All I know is that it sure made my recent trip to California a lot less painful!
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Old May 7th, 2006, 04:57 PM
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I read a quote from some famous American Economist who's heyday was the 50s and 60s.
It went something like this.

The only purpose of economic forecasting is to make astrology look good.
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Old May 8th, 2006, 08:19 AM
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The economist quoted was the recently deceased Kenneth Galbraith (who co-incidently was Canadian).
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Old May 8th, 2006, 08:07 PM
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Thanks semiramis.
I am glad there is somebody out there with a memory.
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Old May 9th, 2006, 02:32 AM
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Funny how those memories suddenly seem to get lost on Presidential election days.
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