Canadian Loonie Kicks Crap Out of American Dollar.
In business news, the Canadian dollar has reached parity with its American counterpart. At the time of this post, economists report that it is currently even worth just a "smidge" more.
This is big news for Canadian shoppers who will not notice any discernible difference in the prices they pay for American goods. However, it is a a boost to the low self-esteem of most Canadians who can now confidently brag that ours is bigger than theirs.
According to financial analysts, this is a pretty big deal. Bryan Costello, author of "Taking Care of Yooouuuuurrrrr Money," notes that the last time such an economic "whuppin'" took place was November 27, 1976. Also known in the U.S. as 'Brownish-Grey Tuesday.'
Do you remember where YOU were and what you were doing on that historic day over thirty years ago?
I know where I was - it seems just like yesterday.
Protesting outside the G-8 Summit which that year was being held in Banff, Alberta.
The best part was that at the Anti-Capitalist-Dogs' Tent City, the cats selling T-shirts in the souvenir booths were taking Canadian dollars at par.
This is big news for Canadian shoppers who will not notice any discernible difference in the prices they pay for American goods. However, it is a a boost to the low self-esteem of most Canadians who can now confidently brag that ours is bigger than theirs.
According to financial analysts, this is a pretty big deal. Bryan Costello, author of "Taking Care of Yooouuuuurrrrr Money," notes that the last time such an economic "whuppin'" took place was November 27, 1976. Also known in the U.S. as 'Brownish-Grey Tuesday.'
Do you remember where YOU were and what you were doing on that historic day over thirty years ago?
I know where I was - it seems just like yesterday.
Protesting outside the G-8 Summit which that year was being held in Banff, Alberta.
The best part was that at the Anti-Capitalist-Dogs' Tent City, the cats selling T-shirts in the souvenir booths were taking Canadian dollars at par.
posted by Sonny Drysdale at 3:16 AM
6 Comments:
Sonny boy, you are a mildly perverse sod which makes reading your blog rather fun.
Sonny also runs a chain of mobbed-up bowling alleys in southwestern Ontario.
Thanks David - of course the key word is "mildly."
Mention the name 'Butch' and you get free shoe-rental at any of my 15 bowling alleys.
Having taken on the Canadian bikers all you Ontario pussies like Twist quake over in print, I ain't afraid of some 'mild' bowling operation either.
This comment has been removed by the author.
This comment has been removed by the author.
Post a Comment
<< Home