:) Really enjoyed arguing Economics with you guys, I rather like being able to argue on a topic that I personally follow and find interesting, also fun to see the myths flying around about how to take the bright side on a tanking economy. Enjoyed it all,going to bed now. If you must make a post while i cant defend myself, make sure your not wrong. Thanks.
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Working at Dairy queen with no experience fulltime pays 11 dollars an hour. Keeping in mind thats 11 * 1.08 to get your currency equivalent. So why would people leave canada to get compensated less in the states? Dude, how many times do I have to explain what I say? Yeah, if you plan on working at dairy queen for the rest of your life move to Canada. If you are a college grad, there is more opportunity and much more potential prosperity in America. Take for example doctors, you lose all of your good ones to us because your health system makes them slaves. You lose on average about 20K college graduates a year in a country of three million. How many do you graduate a year? Probably around the same amount. Im so proud to be a Calgarian these days. Missing the point, being like "my specific part of the country is better" is stupid. That is what I was demonstrating. If you really want to go into it we can get in how people where I live live in million dollar houses and the GDP per capita for my area is 100k+ but it doesn't prove anything. | |
Caverns an idiot(posted that im a jerk for talking about things that interest me. Its my blog you fascist), and worldweaver how cant you see that examples relevance? Jobs in general in canada are paying more. Doctors are ONE field that has been socialized for the benefit of the country as a whole. MOST jobs are not socialized. I for one am glad to live in a country where the number 1 cause of bankruptcy ISNT health care related. Christ, when somebody has a heart attack you feed them hundred thousand dollar hospital bills, Thats really worth trying to pinch a little bit of economic value out of the health sector. Going a little crazy there dont you think? For the most part careers in canada pay amazingly well, the job market where i live is so crazy right now that when i get out of school im guaranteed a job and ill be able to make retarded amounts of money. This is the type of thing that causes incentives to live here, when labour is VALUED. Instead your country every dollar you earn is worth less and less every day. And btw, nice job taking my example completly out of context, how much do people in dairy queen make as a starting wage in your city?
worldweaver ill take it easy on you because your not even a highschool grad (an american highschool grad at that) and you havnt the faintest about economics or what your talking about. But really, how can you say that getting paid more in canada isnt a factor in bringing college graduates to us to work? Silly. Let me make it simple More job growth = Pay more in Canada higher dollar paychecks = more dollars dollar worth more = more stuff more stuff = utility utility= the essential idea of what we value. Go to canada = More stuff Go to US = Less stuff. And in reply to the comment made earlier that printing money is a stratagy to reduce debt. Yeeaah.. but who do you think loses the value in this situation? Its people who have saved money. The economic value is being transfered from American middle class who have money saved or locked up for retirement and now the dollar buys less and less. Basically the average American is losing their saving to pay debt to other countries. Not directly, but if each dollar is worth half as much then its the same thing as taking half their money. | |
yeah, whoever has saved money has now lost money with the dollar value going down, but that doesnt mean that the people are going to get worried and spend it so that they arent losing any money. Eventually the price of the dollar will go back up, and everybodies savings will be back to normal or higher. Just because the dollar is down now, doesnt mean that America is dying, its bound to come up again.
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and think about it, at one time you currency was worth less than the dollar. Yet when yours finally gets above you make a huge deal about it and go "America Bashing"
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I just dont like american politics or your impact on the world. And americans justify being dicks to everybody by acting like your acting in your own self interest. When a peaceful country like Canada starts to grow at a faster rate and the currency over takes yours after re-electing a war-mongering president AGAIN then it makes me happy. Its like Karma, and i love it.
Hey i said i was leaving like 20 minutes ago. Im actually going! LAST POST. | |
Canadians are mostly stupid.
Stereotype or fact? I'll let you people decide. | |
This is good for me, still have like 50 C$ left over from a trip that I have yet to exchange :P when I did exchange it I got like 55 C$ for 50 US$ lol
The only credit I will give Canada is that their cities are clean, or at least Toronto and Montreal were :P | |
While I could do without the vitriolic bashing of America (who has been an ally and protector of Canada for what, a century? Although WorldWeaver's boneheaded ad hominem attacks are equally puerile) there is no doubt that the US economy has some *serious* problems, some related to governance, some not.
The wars in Iraq and Afghanistan have been expensive, no doubt about it, and have erased the projected budget deficits of the Clinton administration. Perhaps worse, the Republican Congress passed tons of pork spending and plunged the US into the largest deficit it has ever seen. Also at work is the failing sub-prime lending arena of the housing market. Defaults in other housing areas are actually pretty low, so it's simply not true that "the US housing market" is crashing- just a very specific sector. But it also happens to be most of the entry sector. As LummoxJR points out, this probably needed to happen- practices were getting too fast and loose and loans were being made that could never possibly succeed. A bigger issue is increased international competition, especially in higher education fields. While the US struggles to maintain ever more expensive higher educational systems with little subsidy, countries like India and China have made education a priority and are cranking out grads. Additionally, emergent global economies are increasing demand for fuel and raw materials, resulting in increased resource competition for the US. This is very dangerous to the US retail model. Large chains rely on cheap transportation costs as the basis for most of their hub distribution models. Suburban sprawl is similar. As energy prices increase, this creates exponential increases in consumer costs. Increased import costs is similarly dangerous as the US manufacturing base long ago eroded and some studies indicate that as much as 60% of US retail goods are imported. (~40% is the more conservative estimate) All of this is reflected in the declining value of US currency. Basically, currency reflects investment sentiment- investors feel their money is safer elsewhere. Some Pollyannas like to say that domestic numbers are fine but while corporate profits remain high, this ignores the fact that the standard of living is not increasing for US workers, the number of health uninsured continues to rise, and the dropping purchasing power of the dollar is effectively lowering wages. It also ignores that US economic figures have been continually revised to drop negative factors (for example fuel costs and long term unemployment). More realistic economic models show a real danger of stagflation if not full on recession. Pro corporate cheerleaders also seem to forget that such entities are more than happy to go elsewhere and take employment (money) overseas. That is, if they are not collapsing and requesting US taxpayer bailout. | |
Masterdan, I didn't have an opinion about you until now. You're a fucking idiot, and your grammar is simply horrible. You try to make other people think you're smart, but you're really horrible at life
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No worries, your country will get ahold of a really lousy leader-figure eventually as well, and your currency will fall back into place. It's a vicious cycle, but our country just has hard times at the moments, a mild depression if you will. Being at war isn't helping us either, the sad thing is that Canada's doing absolutely nothing and they still are only catching up to us while we're spending money quicker than a Kennedy brother in a brothel.
There's plenty to pick on Canada aboot other than the currency however, and we've been surpassed by the Euro and the Sterling Pound for quite a while now. Hell though, if this is the only thing that gives you a sense of pride in your country then you still fail either way. | |
Congratufuckinglations but who cares about the canadian money, other than canadians?
I now have no respect at all for you. Wait...Why in the name of god is everyone arguing over damn money, and why are you trying to start a huge controversy about canadians dollar to american dollar? I guess what i'm saying is...Are you trying to PISS people off? | |
Rugg wrote:
Canadians are mostly stupid. Fact, k. | |
£>USD, CD, Euros
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All I have to say is this, American owns all, proven fact ^^. Might say "Well..he is just a fag american, sayin they are the best, etc."
Proven fact, look at our history, what we have accomplished. Then, take a hard look at your countries history. There is your proof that we own ^^ | |
You seriously need to realize that the worth of the U.S. dollar really doesn't say too much about America as a whole. Take a look at Japan, and the value of the Yen.
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Im going on vacation to america so my money is worth 10 percent more, cya guys.
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F34R wrote:
Masterdan, I didn't have an opinion about you until now. You're a fucking idiot, and your grammar is simply horrible. You try to make other people think you're smart, but you're really horrible at life What the fuck Is with you? You're emo, you already lost. I mean really, the only insult you have to offer towards people Is "YOUR GRAMMAR SUCKS". o_o | |
in canada's "golden age", their economy is only 7% better than america's, which is in a recession at the same time. it sounds like you're trying to say that canada is better than america, but at the same time you're admitting that canada is only better because america is doing poorly and canada is having its best day ever. if that's what it takes for canada to beat america at something, i can accept that, but its not something that you should be so proud of. there's nothing wrong with being proud of your country but you don't seem to understand what you're saying.
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Oh lord.. Working in canada means you get canadian currency, which means you get more THINGS for your dollar. There is a booming economy here, which means theres a HUGE demand for people to work all the jobs! So people can get work easy and are being paid WAY more than usual. Working at Dairy queen with no experience fulltime pays 11 dollars an hour. Keeping in mind thats 11 * 1.08 to get your currency equivalent. So why would people leave canada to get compensated less in the states? and live in a country that when you tell people your from there while traveling people hiss at you. And what town are you from exactly. Alberta is a province and a significant subsection, if you take one rich neighborhood you can get a really exagerated number.
IE: GDP Per capita in Calgary is $78,000Cdn and still growing fastest in Canada. And calgary has over 1 million people so its not a trivial aggregate number.
EDIT: Just did the math, 78000 cdn comes out to 84240 American, Seems my city is more economically prosperous than yours ;)
Im so proud to be a Calgarian these days.
And btw, Accounting is a subset of business degrees. Its a concentration, only idiots get general degrees or marketing degrees. Finance Majors also do pretty well though.