Saturday, November 17, 2007
Ok, Alex, as the only ex-pat I know, you have to explain this one to me. Anyone else can jump in, too.
How is it that every Canadian I talk to tells me that the Cost of Goods Sold (COGS) is so much cheaper here than in Canada, yet their dollar is worth more than ours?
The other indicators, Housing and unemployment, are also better here. Who the hell decides this stuff? If a pair of skates cost 500 here, and 800 there, the dollar is NOT the same.
C'mon. You can't just SAY it's worth more. Or can you?