US dollar currently at 93.5 cents against Canadian currency?
While this is a boon to me personally because some of my investments pay in foreign currency and while the drop in the value may actually help place American goods in foreign markets or spur tourism to the US, I think the long term problem will be sliding faith in our ability to repay massive debts.
Am I just being a worry-wart here? Is there a bright side I’m not seeing a year or two down the road?
I’m astonished that so many are spending time bashing candidates but not questioning what got us to this pass or what to do next.
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