Tag Archives: currency

Canada Tells U.S. to Step Up

Our neighbors to the north are trying to bring the heat on us. When I was up in Montreal two weeks ago, I did hear the usual “mine is bigger” argument going on in the lobby of the Opus Hotel, as a Canadian went on and on and on about healthcare. The day before, a bit of channel surfing brought me to Prime Minister Stephen Harper, talking about how Canada had fared better than the United States through the worldwide financial crisis. Now, the Canadians are saying that the U.S. has to do a better job of managing its financial system, because when Americans sneeze, the rest of the world blames us for giving them a cold.

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Current Currency

euro-logotypeI will never understand why some countries insist on having their own currency. No, I’m not going to beat up on Canada right now. Even if it is small and only borders us, their economy is clearly developed, and the country does just fine with its crazy pictures of the queen. But, I am confused about Iceland and Sweden. Both make their own cash, as if the fucking Euro isn’t good enough. Even with its recent slide, the Euro has still pounded the shit out of the dollar, especially when you consider that €1 was worth only 50 cents when the currency was first introduce. Now, it’s well over a dollar and has been for several years.Lesson: Bet on Europe, even if they don’t have real work weeks.

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