City Guide
Answers
Login
Home
/
Community
/
Forums
/ Post a Reply
Post a Reply
Thread: Shanghai starts one-year countdown to the largest expo ever
Title:
(100 characters at most)
Content: ( 3,000 characters at most, please )
You can add emoticons below to your post by clicking them.
[quote=BOBERT,367492]Marrie, I disagree that the relative high value of the $C against the $US or RMB is a negative on commodity exports. Most commodity contracts are written in $US dollars so in fact it's good for the Canadian balance of trade. There is no way Canadians would sell their currency to buy the still overvalued $US. The only things that can improve the value of the $US is an improvemenet in it's underperforming economy and a reduction in it's mammoth debt. In fact China, who has a huge holding in $US valued government bonds, is currently buying and stockpiling commodities as a hedge against a continued fall in the value of the $US. Never underestimate the power of sex and alcohol as an aid to longevity. I am the living proof! [/quote]
characters left
Name:
Get a new code
Copyright © 1998-2025 All rights reserved.