Its definitely not our per capita GDP falling off a cliff via mass immigration, coupled with massive inflation from the BoC buying Covid debt using printed money.
teppa
joined 2 weeks ago
Canada is owned by oil companies. Trace oil prices to Canadians dollar value and you'd see pretty quick as to why.
Or if you have the attention span this is really informative, after all the gold bug stuff:
Traitors to the people blocking their main export I guess. Let's not pretend like BC NDP or Quebec are terribly helpful for Alberta's exports, and Canada isn't refining oil in great volumes any time soon.
The separatist movement clearly exists solely in order to attempt to push pipelines. They are taking the same path as Quebec in an attempt at gaining bargaining power, and Trumps threat of annexation just made it possible.
Though the Feds can run large deficits to feed into the riches assets. Which the BoC buys the bonds to increase the money supply to avoid raising taxes to pay for it, like they're doing with mortgage bonds now to inflate home values.
https://www.bankofcanada.ca/2024/01/operational-details-government-purchases-canada-mortgage-bonds/
They're rich on leverage, as their debts were inflated away, and their assets were bailed out. This is what loose monetary policy and bailouts leads to. Our Federal Government and the Bank of Canada are the ones ultimately causing it.
Hormuz is being blocked.
Ship it to the same country we ship all our recycling. Out of site out of mind, Canada is so green.
Its called military keynesianism. Its how the US creates dollars, which are then imported into Europe and the globe.
Places like Europe, Canada, and China maintain a net export with the US, importing USD, which stabilizes their currency. The US imports debt and runs a large deficits in order to supply USD to the world. This is what Trump seemingly wants to milk to drop corporate tax, and thus Europe now has to build up their military, in order for their economic system to continue to function without USD.
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So he wants them to switch religions and integrate into Israel?