Canadian dollar drops to below 70 cents US
- Thread starter petros
- Start date
Even a 50 cent dollar won't save manufacturing in Ontario and Quebec. Proof that Dutch Disease is a lie. Like most everything else the left comes up with.
A high dollar curtails inflation. No inflation means no cost of living increases in union collective bargaining.
what needs deflated is ye alls saggy balled obsession with the cash. Quit worrying about the shyt either you'll be eatin prime rib or you'll be havin beans and taters. Both of which will end up as a steamin pile . Stop yer whining ye crybabies.
Watching Power Play tonight I got the distinct sense that everything is in one hell of a mess and nobody, nowhere, nohow has a clue what is happening or what to do about it!
- Dollar devaluated
- Oil down below $30
- Food prices rising out of reach of the average Canadian
- Subsidizing Bombardier
- Debating the sale of armoured vehicles to Saudi Arabia
Government blame everything on the previous government, has a plan but can't or won't say what it is.
The only conclusion one can come to is that Canada is in deep, deep doodoo!
- Dollar devaluated
- Oil down below $30
- Food prices rising out of reach of the average Canadian
- Subsidizing Bombardier
- Debating the sale of armoured vehicles to Saudi Arabia
Government blame everything on the previous government, has a plan but can't or won't say what it is.
The only conclusion one can come to is that Canada is in deep, deep doodoo!
It's time Canada asserted the sovereignty of currency, its right to define its value and exchange as existed prior to the onset of Monetarism. That is the global Free Trade in Currency and credit where it is defined by Wall Street Currency Hedge Funds.. for profit.. which exceeds ALL reponsibility and consequences.
It's time to ditch the corrupt system of Global Free Markets which is leading the world to a economic catastrophe of unkown depth and duration.. but worse than has been seen since the Dark Ages. It's time to put these Hedge Fund Managers.. and the running dogs of Global Free Market in the IMF, WTO, World Bank.. in prison.
It's time to ditch the corrupt system of Global Free Markets which is leading the world to a economic catastrophe of unkown depth and duration.. but worse than has been seen since the Dark Ages. It's time to put these Hedge Fund Managers.. and the running dogs of Global Free Market in the IMF, WTO, World Bank.. in prison.
Yes. Buy from anywhere but the US. Other currencies are being depressed by USD overinflation too.
It's funny, you buy Made in China, it still comes from the USA.. Long Beach Port most likely.. and the cost manipulated by the time it gets to Canada..
Same with food.
Tough being 51st Staters.. :lol:
If an item lands in a Canadian Port it is duty and tarrif free. If it lands in a US Port the same item falls under NAFTA and you get hosed. Couriers will deliberately route goods through US hubs so they can nail Canadians with broker fees. When I import I get the manifest and preclear with CBSA and avoid the courier brokering scam.
But but but legal weed. It's going to pay for healthcare, create jobs, end global warming change, cure cancer, fund puppets shows and...ummmm...piano lessons...ummm what was the topic?
Never happened. The record low for the Canadian dollar was 61.98 in 2002. Anyway Paul Martin was not PM until 2003.
Liberal government and a Dipper government voted to office in Alberta.. Wonder what those idiots are thinking who voted NDP in Alberta as they watch their house value drop by 1/3 in price... an average loss of $120,000 dollars.. most are now under water paying for an over inflated mortgage... Sorry I just don't have any sympathy for those idiots.
The average house in Fort McMurray has lost $117,000 or 20% of its in value in one year
Alberta luxury homes get less than half asking price at auction - Calgary - CBC News
Not sure why I'm happy about this, but I am.. punishment for voting NDP.
35,000 jobs lost, and total job losses total 50,000 +
For sure people look at the NDP government in Alberta and on a National level the NDP will never be elected.