U.S. dollar declining, Questions

[Fulgora]

The US dollar going down is not a good thing for us either....

[IceBlade]

Yeah. It's taking it's toll in certain sectors. Especially tourism.

[Lithium]

funny how not too long ago our dollar being worth so less was such a mock on us canucks

i think ill take my loonies and toonies down to america now and live the good life, hah

[BearAssJoe]

The areas hardest hit by our high rolling dollar is the manufacturing and trades. The US being our biggest trade partner liked to build shit in Canada cause it was cheaper. All those factories will be moving to the US and else where now.

[Disciple3]

Ya, its merely because we import more than we export so the value is going elsewhere (china). but that can also be a good thing as it encourages american manufacturing and other countriesto buy american because it's cheaper. As for china pulling something like "China has been threatening to pull out from under the US Dollar though" would not happen, all its money is in our bonds and stocks and they would devalue their own money thru doing so(economic suicide?). the real reason for the downward spiral is the huge deficit and extra printing of new currency.(ty bush)