If any more proof were needed that the American economy is about to go very very badly down the pipes, then check out my (currently) beloved Canadian dollar. Now, while the "Loonie" and Canadian economy are much stronger than throughout the last forty years or so, whats happening now is just ridiculous! Thanks to my friends at XE.com One Canadian dollar now gets you 98.65 US cents. In other words, its almost ONE US DOLLAR to the CANADIAN DOLLAR! It was only a few years ago the Americans would scoff at the thought that a Loonie was worth more than HALF a green-back.
And to further prove my point, the wonderful British Pound is now worth OVER TWO US $!!! That means that we British are now TWICE as valuable as one American! (Sorry to any Yank readers)
Apologies for the brief economics lecture, but its quite funny (in one way) to realise that while most of the world understands its all about to get very messy in the US, no-one has actually told the President. Either that or "Mr. President" is having too much fun looking for "currencies of mass destruction."
Back to reality soon I promise!
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