The US dollar will keep sinking as long as we keep our record-setting deficits. As more and more bonds ae issued to keep our deficit spending up, the dollar will continue to weaken. So I think the Canadian dollar will soon be worth more than the US dollar.
As soon as we quit deficit spending, this will reverse, but it will take a lot of time for our politicians to get enough guts to cut spending enough to bring our national budget into balance.
There's only two kinds of cigars, the kind you like and the kind you don't.
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