Exchange Rates

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For many years the Canadian dollar was devalued and only worth about 65 cents against the US dollar. That made any cross border shopping and travel very expensive in the US. It was great for international commerce but brutal for the aveage citizen.
Over the past year or more our dollar rose to be on par with the US dollar but right now with the current world financial situation is at about 89-90 cents US.
I can tolerate that but if it sinks deeper then I will have to think twice about travel or online shopping in the US.
 
Rocky this kills us every time we need to purchase anything in a foreign currency. What seem really affordable to you folks can be quite an expensive item to us. Just the other day we were trading around the R7 SA mark to the US $ :silent:
 
It looks like the economy of every country is tanking right now, thanks in no small part to our wonderful mis-managed financial institutions here in the US.
I'll tell you good folks, between the upcoming Presidential election, the economy failing as it is, and the fact that a group of bone-headed co-workers of mine trying to get a Labor Union in place at my job (we have a Union vote on October 22), I am about as stressed out as I have ever been in my life. I have been at my job for over 23 years now, I make a comfortable living that allows me to not live paycheck to paycheck, I have a nice home in the country, most of the toys I could ever want, and it feels like it could all go away at any time now. The sad thing is, quite a few of the people I have worked with for years can not see it, they think this Union is going to come in and make them rich. Morons! We stand to lose more than we could gain, especially in light of the current world economy.
Life, really and truly, is unfair. I took the next couple of days off from work just to get away from the B.S., I need to go for a long ride now. Sorry for the rant.
 

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