Canadian dollar will drop to 59 cents US in 2016, Macquarie forecasts

B00Mer

Make Canada Great Again
Sep 6, 2008
47,142
8,151
113
Rent Free in Your Head
www.canadianforums.ca
Too bad for you this isn't one of them. This is further proof there never has been Dutch Disease caused by oil prices in Canada. If that myth were true the Canadian economy would be expanding rapidly as new factories are built every day. But this is not happening. WHat we have is another made in Canada disaster by those who insist we must have the bulk of our trade with the US instead of pursuing more world markets for our resources.


Speaking to Flossy like he actually understand economics.. How sweet. :lol:
 

Curious Cdn

Hall of Fame Member
Feb 22, 2015
37,070
8
36
Too bad for you this isn't one of them. This is further proof there never has been Dutch Disease caused by oil prices in Canada. If that myth were true the Canadian economy would be expanding rapidly as new factories are built every day. But this is not happening. WHat we have is another made in Canada disaster by those who insist we must have the bulk of our trade with the US instead of pursuing more world markets for our resources.

Ww have a made in Canada, United Kingdom and European community disaster because all of our currencies are "dropping" together in lockstep.

Or, MAYBE what is happening is that it is NOT made in Canada and we are NOT dragging down the rest of the Western World but that ... gasp! ... the US dollar is the one that is changing!

Double gasp and palm slap! Never thought of that!!