Are my eyes deceiving me? Is the Loonie gaining strength versus the Greenback? It incredible that the Loonie is above the 1.19 mark. With so much pressure coming down upon the US buck due to its twin deficits and no forseeable solution to its fiscal irresponsibility, the global currencies can expect to continue rising another 5-10% highly against the Greenback. I'll yell out for joy when the day finally comes when the Loonie and Greenback trade at par. Perhaps with the falling Greenback, many Canucks will begin buying up US treasurys and securities. Hopefully, in 5-10 years, we Canuckers will own enough of the USA and demand that those people living in heavily Democratic and swing states be allowed to leave the USA and join Canuckland. For all those thoughts about the USA annexing Canada, perhaps it is WE who will begin annexing much of the USA! Now that would be something lovely to see within our lifetimes. Yes, indeed - lovely indeed.
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