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Canadian Dollar is falling out of Bed!

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    Canadian Dollar is falling out of Bed!

    How low will the CDN$ go?

    .69 to USD by Jan 1?

    Will this cause Canola to rise 4 percent?

    Cheers! New years present... courtesy PM Justin and Premier Notley!!!

    #2
    Today I slipped and fell on my ass at the cardlock, thanks a lot Trudeau and Notley!

    Comment


      #3
      Eventually zero

      Comment


        #4
        Maybe we can obtain forward contracts in US? Gotta check it out. Go special crops!

        Comment


          #5
          Pretty weird my 1964 dollars keep going up in value

          And the 10billion dollar deficit pledge just went out the window keep it up einsteins

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            #6
            It is completely pathetic when the only hope for your business and the economy in general is that the currency heads to zero and savings are wiped out. Glad economic policy in Trudopistan is working for you Tom. Makes a mockery out of saving for hard times.

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              #7
              Public budgets that are funded through deficit spending has got to be the most glaring and obvious mental defect of how ****ed up our communal intellect has become.

              All the zombie stuff you see around today,that is a paradody of what has already happened.

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                #8
                Holy smokes moments ago boc polo so just announced negative rates for us where in the pipe

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                  #9
                  Oh what fun it is... oh what fun it is...

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                    #10
                    Since the Boc is considering negative interest rates I wonder how much further they want our dollar to drop? And does that mean our economy in Canada is as f#*ked up as those Europe which already have negative interest rates?

                    Comment


                      #11
                      If the rest of the world wasn't so screwed you would see a no bid on our currency or bonds.

                      Nobody buys a negative bond yield unless the currency is going to move up.

                      Those negative bonds in Europe are denominated in euros but they are backed by specific countries.

                      If your brain is going numb by that i understand so does mine and so does big money managers.

                      Greece never had/has the copacity to run out of the burning house.

                      This stuff happens all the time. They needed to restructure default take the hit on the currency and rebuild but they could not.

                      Euro currency euro bond.

                      That's what my old post about sask and Alberta getting clear of this was all about. We are joint and severe with the prolificacy of the east's habits.

                      It's deficit spending as far as the eye can see.

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                        #12
                        As long as oil goes down the dollar will follow. Government cannot increase oil price.

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                          #13
                          Had discussion a few years back about European renewable fuels standards. Asked whether their requirements were affordable, answer was that envirionmentalist issues trumped economics.
                          Shortages and higher food costs caused debate about food for fuel issue, some envirionmentalists changed position.
                          Economics might change minds on other issues as well but not until we have first gone through some pain.

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                            #14
                            Our Disney cruise is going to hurt bad ....
                            Mickey will have both hands and all 6 fingers grabbing the pocket change 👎

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                              #15
                              Own USA dollars.

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