Canadian Dollar - Page 2

FattyBoomBatty · 10-03-2007

Quote:

Originally Posted by Andrew7dg

In economics 101...

What is fueling Canada's currency? they don't have auto or medical...

What do you mean they don't have auto or medical? they have auto manufacturing plants, they export parts to the US for auto manufacturers here. They have national health coverage, so you don't pay jack when you see the doctor, you just have a little more tax taken out.

here: http://www.economist.com/countries/Canada/

Exports and public finances. Most countries in the world will reflect how their economy is doing by the savings rate of it's citizens. How much of your last paycheck did you put into savings?

Matt D. · 10-03-2007

Quote:

Originally Posted by FattyBoomBatty

How much of your last paycheck did you put into savings?

The last time I put anything in savings was 6 months ago when I cashed in a bunch of change, and that's gone already.

**Halon** · 10-02-2007

We have the Nuke industry

FattyBoomBatty · 10-03-2007

Come on guys, there won't be a huge recession or any kind of depression, that's why they invented the federal reserve. It has several ways to control that sort of downward trend and cutting the interest rates is just one.

Speedfreak - the US is the world's number one producer of capital goods, that means machines like farm equipment, etc. The auto industry is extremely reluctant to completely restructure, which I think is what they desperately need to do. It's a world market and to sit on your hands and ask for handouts from the government (auto industry) is masturbation.

I am not worried that the US will become less of a power than it is, I am not worried that the dollar will suffer from much inflation because there are people who are smarter than god working for the government, they're just the ones you never see.

There'll be a turnaround, but don't miss the bus when it rolls by!

Speedfreak · 10-03-2007

Quote:

Originally Posted by FattyBoomBatty

Come on guys, there won't be a huge recession or any kind of depression, that's why they invented the federal reserve. It has several ways to control that sort of downward trend and cutting the interest rates is just one.

Speedfreak - the US is the world's number one producer of capital goods, that means machines like farm equipment, etc. The auto industry is extremely reluctant to completely restructure, which I think is what they desperately need to do. It's a world market and to sit on your hands and ask for handouts from the government (auto industry) is masturbation.

I am not worried that the US will become less of a power than it is, I am not worried that the dollar will suffer from much inflation because there are people who are smarter than god working for the government, they're just the ones you never see.

There'll be a turnaround, but don't miss the bus when it rolls by!

Capital goods(Farm equipment/heavy machinery) are now coming from outside the U.S.. I know of Korean, Thai, Indian, Chinese, and Malaysian companies taking this industry by storm. It is a world market, we do not "own" any of them any more.

If we are losing market share in all "our" industries, how long is our Federal reserve going to keep us going?

Jakey · 10-03-2007

Quote:

Originally Posted by Speedfreak

Capital goods(Farm equipment/heavy machinery) are now coming from outside the U.S.. I know of Korean, Thai, Indian, Chinese, and Malaysian companies taking this industry by storm. It is a world market, we do not "own" any of them any more.

If we are losing market share in all "our" industries, how long is our Federal reserve going to keep us going?

John Deere just purchased the largest tractor manufacturer in China. The Deere foundries in Waterloo and Silvis, IL used to carry now a substantial portion of the casting in Deere's agricultural division, now it's mostly done in Mexico and China.

tpunx99GSX · 10-03-2007

Quote:

Originally Posted by Jakey

John Deere just purchased the largest tractor manufacturer in China. The Deere foundries in Waterloo and Silvis, IL used to carry now a substantial portion of the casting in Deere's agricultural division, now it's mostly done in Mexico and China.

Jakey, Do you masturbate to Tractor mags? Somehow i knew you were gonna comment with something that has to do with Agriculture.

**JET** · 10-04-2007

Quote:

Originally Posted by tpunx99GSX

Jakey, Do you masturbate to Tractor mags? Somehow i knew you were gonna comment with something that has to do with Agriculture.

Unlike you who has nothing intellectual to add to the conversation...

Ooooh, zing!

Jakey · 10-04-2007

Quote:

Originally Posted by tpunx99GSX

Jakey, Do you masturbate to Tractor mags? Somehow i knew you were gonna comment with something that has to do with Agriculture.

Nah, I just enjoy agriculture. Somebody has to feed you.

Enes · 10-03-2007

Oursorcing intelectual jobs from USA to other countries.

US$ being spent outside USA which used to be spend here for decades.

High job loss rate in USA while rest of the world shows shortage of qualified workers to fill all the positions open.

Why make USA richer when you can make few filthy rich executives even more filthy rich.
That is just ONE of quite a few problems causing issues in this country.

Now on the heavy industry:
since 80's USA has been sending the dirty manufacturing jobs to other countries, raising industry profits, and raising the profitability of other countries up making it a global economy.

Wars:
wars are bad, they tend to help create more jobs but those jobs are being paid from the tax dollars, not a good way of spending 100 billion dollars on something we as a country don't benefit from, true you just put about 10 billion into USA employment but the other 90Billion went into equipment that we didn't really need, to do what, kill people.. now don't even mention resources we wasted to make that 90billion of the equipment.

I supose USA is looking to just get rid of their aging military supplies that have been just sitting there.

Someone mentioned aging infrastructure, holy crap just think about how much it costs to keep a chiuaua fed, and then look at how much it costs to keep a 150 pound lab fed, do i have to say anything else?

A//// Guy · 10-03-2007

Anyone seen what the stock market is up to these days?...

FattyBoomBatty · 10-03-2007

I just saw a headline like yesterday that the dow is up, but I didn't read it, lol. Does that make me a bad business student?

A//// Guy · 10-03-2007

Agreed, Im not even going to argue or make points toward how our economy is doing well. (besides the housing market)

Also yea.. the Dow hit a record Index record high of 14115.51 on monday and closed at a record of 14087.55.

FattyBoomBatty · 10-03-2007

Quote:

Originally Posted by M/// Guy

Agreed, Im not even going to argue or make points toward how our economy is doing well. (besides the housing market)

Also yea.. the Dow hit a record Index record high of 14115.51 on monday and closed at a record of 14087.55.

It always will have fluctuations, what will be nice to hear about is that it's been going up for a year. That would give people real hope.

Speedfreak · 10-03-2007

Quote:

Originally Posted by M/// Guy

Anyone seen what the stock market is up to these days?...

Quote:

Originally Posted by M/// Guy

Agreed, Im not even going to argue or make points toward how our economy is doing well. (besides the housing market)

Also yea.. the Dow hit a record Index record high of 14115.51 on monday and closed at a record of 14087.55.

Yes, I watch the market everyday. The problem is, this is the money coming out of housing/real estate. It's a see saw effect, money first came out of the stock market(after the bubble bust), then into the tangible/real estate market, now that is busting, and the money is going back into the stock market. The problem is, the stock market is now heavily moved by momentum/speculation/emotions and not fundamentals, so you can't trust it. It bubbled/busted once(recent history), it can and probably will happen again.

FattyBoomBatty · 10-03-2007

JET - I would be that alot of the money you said gets put back into the economy is actually going to building capital goods that can only be used for war, like jet fighters, armour for what-have-you and also fuel.

Also, what slush fund was that?

**Shane@DBPerformance** · 10-03-2007

I worked at a stock firm for 11 years. The stock market is based in about as much reality as Lord of the Rings. A women with PMS is less emotional than the stock market.

tpunx99GSX · 10-03-2007

Quote:

Originally Posted by ecoli

I worked at a stock firm for 11 years. The stock market is based in about as much reality as Lord of the Rings. A women with PMS is less emotional than the stock market.

Damn, how old are you shane?!?! You worked at elite for a couple years, going on a couple at DB, 11 at a stock firm.... That means your TOO FUCKING OLD.

**Shane@DBPerformance** · 10-04-2007

Quote:

Originally Posted by tpunx99GSX

Damn, how old are you shane?!?! You worked at elite for a couple years, going on a couple at DB, 11 at a stock firm.... That means your TOO FUCKING OLD.

Yes, I am.

AJ · 10-03-2007

A very large chunk of all funds spent on war ends up in the pockets of other countries. While working for ATK, who deals a lot with the ammunition side of the government, there was a large isuue in a slowing spending on US based companies by our own government. Even companies like Haliburten (sp?) opened and maximized overseas operations to get more into the mix of goverment funds. Largely due to the cheap transport and labor with the end product already being across the ocean.