It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by mrmanuva
Maybe its not going to be all doom and gloom after all.
Dollar losing clout around the world
In Manhattan's Bowery district, Billy LeRoy, the owner of Billy's Antiques & Props, prefers payment in euros so he can stockpile the currency for his annual antique buying trip to Paris.
"Whip out dollars at the French flea market now, and they'll shoo you away," he said at his store near apartment buildings where Europeans are snapping up units because they've become dirt cheap. "Before it was like the second coming of Christ, but now they don't want it or if they do take dollars, they're going to take their pound of flesh." Full Text
Canada-U.S. Trade Relationship
The Canada-U.S. trade relationship is the largest ever to exist between two nations. Two-way trade in goods and services between Canada and the United States during 2000 was estimated at approximately C$700 billion, or almost C$2.0 billion per day. Of Canada's 2000 imports, 74 percent came from the U.S., while 86 percent of Canada's total exports were shipped to the United States. The volume of Canada-U.S. trade last year was far greater than the total amount of Canada's trade with all of its other trading partners combined.
Here's a more recent source.
Originally posted by themillersdaughter
reply to post by LLoyd45
But those figures are 8 years old. Have they continued to buy 70% of their imported goods from the US? I read somewhere that Canada has made an agreement with China to supply oil exclusively to them beginning in 2015. (I'm sorry, I'll have to find the source...and it could be only my interpretation of what I read.)