Tuesday, September 25, 2007

Laughing All the Way to the Bank

Conversation overheard at a recent meeting of the International Currency Club:

EURO: Hey, Loonie! Good to see you again. Congratulations on finally reaching parity. You must be pleased with yourself.

LOONIE: Thanks, Euro, but this parity business is not all it’s cracked up to be.

EURO: How so?

LOONIE: Well, some folks back home are happy, especially the guys pumping oil out of the ground and the ones looking to go to Disney World this winter. But the folks who make cars and stuff are kind of upset.

EURO: I hear you. We can’t sell anything outside Europe anymore. And much as we detest those pesky American tourists, we do miss them. We really need their dollars. But now they can’t afford to come and bug us anymore.

POUND: Bloody hell! We could use a few of those greenbacks right about now.

FRANC: D’accord. We don’t miss zee Americains but oh how we miss zer dollars.

MARK: Yah.

LOONIE: I never thought I’d say it but I’d rather go back to our old 92.5 ¢ Diefenbuck. Those were the days.

PESO: Si, amigo. This is no good for any of us. Look over there in the corner at our Chinese friend Renminbi. He’s almost in tears.

YEN: I hear he got caught holding so much American currency that he’s taking the biggest financial bath since you devalued yourself back in ‘94.

PESO: Don’t remind me, senor.

LOONIE: How did this happen? I thought parity was going to be a good thing.

EURO: Me, too. Let’s ask Dollar. He should know.

LIRA: Itsa too late; we can’t. He left early. Someone said that they saw him laughing all the way to the bank.

LOONIE: I think we just got screwed again.

No comments: