Thanks, Peter While I agree that the Euro is a much better bet than the US$ and that the US$ is on a downward grind, the relationship between the Euro and the Cdn$ can be a bit bumpy. Take a look at:
http://finance.yahoo.com/currency/convert?from=CAD&to=EUR&amt=1&t=1y Nevertheless, perhaps we should start a campaign to join the EU? Ed > Ed > > Barrie McKenna's piece in the Globe is interesting but flawed. > > I've been watching the currency markets for about a year now. Watching the > slow descent of the US dollar against ALL other currencies. We should > lock into this?? > > No way in Hell. > > Recently the decline has distinctly been more precipitous. However if you > look at CAD vs Euro there is a different picture. > > Essentially a very stable relationship. Basically floating =/- 1/1000 of > a point while the US dollar crashes. > > I think it would make a lot more sense to lock up a deal with the EU and > use Euro's? Since we can easily meet their govt fiscal requirements it > should be no problem. _______________________________________________ Futurework mailing list Futurework@fes.uwaterloo.ca http://fes.uwaterloo.ca/mailman/listinfo/futurework
