Reply #17: And we're nearly at 1 to 1 with the Canadian Dollar

[zehnkatzen]

If you want an idea on how healthy our economy is, i noted very recently that the American dollar is now worth CN$1.04. Not too long ago...say, right around the year 2000...the American dollar was worth about CN$1.40.

You don't hear this at all in the news, of course. just like you don't hear too much about the subprime meltdown in the news.

I don't know if I'll be prepared for the economic collapse when it happens (we fortunately we were able to secure a 30-year fixed for less than 6.00 per cent), but at least I won't be surprised. But that's only because I don't depend on network news anymore.