It was only last year that I wrote a post about the Canadian dollar hitting parity, something that was quite a feat considering that it was digging around 60-70 cents back in the early 2000s. Parity is exciting to Canadians, because it makes us feel that our dollar has real purchasing power, and at the… [Read More]
South Africa’s Emerging Economy and the South African Rand
The following is a guest post by forextraders.com. A country rich in natural resources and one of the world economy’s most important emerging regions is the Republic of South Africa, usually called South Africa. South Africa is located at the southern tip of the African continent, and it features over 1,700 miles of coastline on… [Read More]
Is It Time to Nuke the Spill?
Another week passes by, and another tens of thousands of barrels of oil gush out into the Gulf of Mexico, adding to what is possibly the U.S.’ worst environmental disaster. With the failure of one attempt to stop the leak after another, pundits are now starting to look at more drastic (and perhaps insane) alternatives,… [Read More]
9 Myths We Can’t Afford: Can the Printing Press Achieve Paradise on Earth?
The printing press: A fearsome, powerful tool. Used in the hands of a private man, he is branded a counterfeiter, and rightly so; his fake bills were created into existence without any value in exchange. Used in the hands of the government, however, the printing press suddenly becomes a legitimate policy tool, used to manipulate… [Read More]
Canadian Dollar and US Dollar at Parity, Once Again
The Canadian Dollar and the US Dollar are at par, once again! The last time this happened was back in September 2007, and the time before that was in November 1976. Great… I’m Canadian! So now what can I do? Well, if you don’t live far from the U.S. border, now might be a good… [Read More]