Markets

[cuban_assassin]

This is the beginning of a global economic collapse! The whole reason for the American military Jade Helm exercise are to train the military to deal with the civil unrest that will follow this total collapse! The day of reckoning is upon us. We are all about to pay for decades of piss poor economic policy.

[agstar77]

Interesting that the broke chinese just bought a whack of corn, so who is right?

[stonepicker]

I don't think the chinese are even close to being broke. How much U.S. debt do they still own. The u.s. are the ones in trouble.

[cottonpicken]

Cresent point hit 11.31 this moring its 52 week high was 45.

The amount of wealth that has evaporated in western canada is staggering. What are exisiting companies worth what is equipment worth what are houses worth and how much debt are those assets backing. Wouldn't be surprised to see a few credit unions go under

[cottonpicken]

not normal

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/08-overflow/20150824_EOD16.jpg

[vvalk]

Cuban. You have some sea containers buried full of supplies?

[cuban_assassin]

No sea containers with supplies..... YET
Hopefully Canada will not suffer as bad as the U.S. will but we are very much connected in may ways economically so when they go down we will most likely follow. Hard to imagine everything going to hell but we made our bed and now we gotta sleep in it.
The people I feel bad for the most is retired folks. They have worked their ass off their entire life and will soon have nothing left, especially once the U.S. dollar collapses. They will not have enough years left to recover their losses.

[hobbyfrmr]

The seniors around here know what an 8 hour day is. They also know how to manage when money is scarce. They don't need a 85 inch TV to amuse themselves. They grow gardens, and preserve the produce. They may end up with no money but they will feed themselves until they can't. The younger generations have lost this skill .Some young adults are still in their parents'basement playing video games.

[Braveheart]

Sea containers full of supplies would be nice but not necessary. A bug out fast bag with first aid and essentials for 72 hrs is sufficient.

[bucket]

Cuban

Don't feel to bad for them. It was them in the 70s that elected Trudeau with a finance minister that run up a pretty good national debt to start.

The came along harper that sent us backwards again.

[malleefarmer]

market watchers not sure if glencore is big in Canada but seem to be in a perilous postion.The y own all grain handling facitlities in sa and most of vic plus huge huge footprint in coal industry here

[malleefarmer]

another question for the experts how come you never hear of the indian economy being in trouble.

Huge population but not sure what drives there economy they can be self sufficient im sure and don't know what they export,
They do grow a awful lot of wheat more than most realize.

[ajl]

Glencore owns Viterra which is a major grain handler here. I was noticing this as well mallee

[Oliver88]

Glencore appears to be having poor results.
one article states it is the worst stock on FTSE.

[SASKFARMER3]

Or is it in India your either rich well off or starving. They don't care if a person dies just dig a hole and another one will take their place.
I also think what records are in place to say how well their doing. How much paper work actually gets to agencies about what's going on.
If they are in trouble it wouldn't be noticed till the upper class have issues. Then shit show number two.
This China thing is it just china playing around trying to take the USA down and down hard. If your dollar is so expensive nothing you have to sell will leave your shore.