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pickup
Guest
You'll get your forecast !
The US dollar is now weaker then the Aussie and Canadian Dollar, weaker then the Swiss Frank (was in the 70's 3 times the value of the Frank)!!, and would be weaker then the German Deutsch Mark, if it still existed !
Basically, all your imports will cost much more in the future, not only oil & gas, minerals, but also basic food items - since they are also traded on a world market in US currency (i.E beef, pork, coffee, cocoa, fruit and veggies, etc).
And other countries will need to charge more US dollars to get the equalent in their own currency.
All that being said, I would rather have a job which pays in a weak currency than to not have a job or income in a country with a strong currency. Just sayin'.
Hmm , maybe the next administration will come up with a theory that there are weapons of mass destruction in Canada. We might need some oil