Canadian dollar could drop to 65 cents US in 2017, Macquarie forecasts

Cannuck

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Feb 2, 2006
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You just Stump for Trump cannuk

No I don't. Trump will be great for Alberta. He's gonna be a nightmare for Americans. Trump sold America a lie. Trumpites believe Jina and Mexico are taking American manufacturing jobs. The reality is that automation has taken the jobs. Manufacturing in the US is doing quite well. Output has doubled in the last few decades. Low level manufacturing jobs have gone but the reality is nobody is going to buy a running shoe made by somebody making 10 times the wage of a Chinese worker. Those jobs will not come back. Putting a tariff on running shoes and giving money to Carrier is helping consumers how? It's goofy economics and Trumpites bought it because they desperately wanted to believe it. Deficits will increase. Tariffs are going to cause alot of pain to Americans. Personally, I don't care. It's good for Alberta.

I will say though, it was pretty odd to watch Trump, before the election, tell folks in Wisconsin that he knew they were hurting and he would "look after them". I think even Justin blushed when he heard that. Any true conservative (like me) had a shiver go down their spine when they heard that.
 

Angstrom

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May 8, 2011
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Pride will not allow you to admit Trump will be great for America. But we will be here to remind you every time it happens
 

Cannuck

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Pride will not allow you to admit Trump will be great for America. But we will be here to remind you every time it happens

Pride has nothing to do with it. It's economics. Tariffs are a tax. Countries don't tax their populations into prosperity. Clearly you think so and that's why I don't consider you a real conservative...Or particularly bright for that matter
 

Angstrom

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May 8, 2011
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I'm not a conservative. smarter then you obviously. Trump is fighting against a communist capitalist Chines model. He will fight fire with fire. I know. I just lost you. You have no idea what I'm talking about

And he will win. Because America is still a huge global market. It's his ace up his sleeve.

Trump is not a conservative or a Liberal. He is a winner. He will do whatever it takes to make America great.
 

Angstrom

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May 8, 2011
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So what's Trudeaus plan now :)

Look like a idiot the rest of his time in office?

With a pipe line increasing supply to market. There is a chance prices drop again when demand stays the same.
 

Danbones

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Sep 23, 2015
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He needs our oil.
U.S. discovers vast oil, gas field in Permian that's three times larger than the Bakken

The U.S. Geological Survey says it has discovered in West Texas one of the largest reserves of recoverable oil in the agency's history.

The agency said Tuesday that the Wolfcamp Shale geologic formation in the Midland area contains an estimated 20 billion barrels of oil. It's also estimated to hold 16 trillion cubic feet of natural gas and 1.6 billion barrels of natural gas liquids.

Officials say the discovery is nearly three times larger than the recoverable oil found in 2013 in the Bakken and Three Forks formations in the Dakotas and Montana.
U.S. discovers vast oil, gas field in Permian that's three times larger than the Bakken | Energy | Dallas News

the US needs our oil eh?

lol
your so qeeuwte when you are without a clue
 

Angstrom

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U.S. discovers vast oil, gas field in Permian that's three times larger than the Bakken

The U.S. Geological Survey says it has discovered in West Texas one of the largest reserves of recoverable oil in the agency's history.

The agency said Tuesday that the Wolfcamp Shale geologic formation in the Midland area contains an estimated 20 billion barrels of oil. It's also estimated to hold 16 trillion cubic feet of natural gas and 1.6 billion barrels of natural gas liquids.

Officials say the discovery is nearly three times larger than the recoverable oil found in 2013 in the Bakken and Three Forks formations in the Dakotas and Montana.
U.S. discovers vast oil, gas field in Permian that's three times larger than the Bakken | Energy | Dallas News

the US needs our oil eh?

lol
your so qeeuwte when you are without a clue

Looking forward to our 65 cent dollar. Sunny ways
 

Curious Cdn

Hall of Fame Member
Feb 22, 2015
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He's hung his hat on manufacturing jobs. He's said he'll slap tariffs on products to protect American jobs. He also says he wants Keystone built. It's really not that difficult to connect all the dots.

Yeah .... dotty ... that's Trump.

What a steaming pile of horse shyte.
 

Cannuck

Time Out
Feb 2, 2006
30,245
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Alberta
I'm not a conservative. smarter then you obviously. Trump is fighting against a communist capitalist Chines model. He will fight fire with fire. I know. I just lost you. You have no idea what I'm talking about

And he will win. Because America is still a huge global market. It's his ace up his sleeve.

Trump is not a conservative or a Liberal. He is a winner. He will do whatever it takes to make America great.
You Trumpites are an odd bunch

Looking forward to our 65 cent dollar. Sunny ways
Not with oil recovering
 

Cannuck

Time Out
Feb 2, 2006
30,245
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Alberta
They are calling for oil to rise to 57$ ;). Won't be enough to help, Looking forward to a 65 cent economy. Good thing I planned that trip to Disney this year.

You've already shown a limited understanding of economics so you'll have to excuse my lack of concern regarding your opinions.
 

Angstrom

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May 8, 2011
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Can you stump for Trump for me cannuk?

Are you saying Trump will fix Canadas economy by default?