Canada Hyperinflation

[Klause]

1. NAFTA talks fail

2. Trump applies car tariffs, all factories here close.

3. Tepid reaction from our government.

4. Markets freak out start selling off CAD and at the same time consider our debt high risk. Dollar drops interest rates spike... Land and home values collapse businesses fail and we will be in huge trouble for a generation or more.




We have no other export markets... This is a 0-hour nightmare scenario but if it starts by the time the public reacts will be too late.

[ajl]

All the above pretty much a given. Gotta close car factories anyways, because who can afford a new car anymore? The whole reason a deal is in place with Mexico is because the Mexicans figured it was better to close car factories in Canada than Mexico.

[AlbertaFarmer5]

1. NAFTA talks fail

2. Trump applies car tariffs, all factories here close.

3. Tepid reaction from our government.

4. Markets freak out start selling off CAD and at the same time consider our debt high risk. Dollar drops interest rates spike... Land and home values collapse businesses fail and we will be in huge trouble for a generation or more.




We have no other export markets... This is a 0-hour nightmare scenario but if it starts by the time the public reacts will be too late.

Those are all the ingredients needed for deflation, not inflation, let alone hyperinflation.

[Taiga]

Can any of the resident Liberals here actually say they have confidence in these clowns?

[Klause]

Those are all the ingredients needed for deflation, not inflation, let alone hyperinflation.

No.

When the currency goes from 0.70 to 0.07 [cents $usd] those $2/lb california apples are now $20 a lb.


My family has been through this enough times.

[grassfarmer]

All the above pretty much a given. Gotta close car factories anyways, because who can afford a new car anymore? The whole reason a deal is in place with Mexico is because the Mexicans figured it was better to close car factories in Canada than Mexico.

So much theory based on made up facts. Canadian car sales may have declined slightly in recent months but that is from the record high levels in 2017. Car sales are still way above historic levels.
It's like the fake outrage over "sky rocketing" unemployment rates in Canada which are in fact only very slightly above the lowest rates they have been for decades.

[the big wheel]

No.

When the currency goes from 0.70 to 0.07 [cents $usd] those $2/lb california apples are now $20 a lb.


My family has been through this enough times.

Never happen no matter how stupid our leaders are. We still sell our grains world wide our forest products could go elsewhere uranium same thing oil same thing. We have to get out of this brainwash that we only have to deal with the USA. We need a government that will legislate the land for the pipelines as a necessary action. We need people over in Asia selling our pulses we need to shut our mouth on telling other countries how to live. Vast opportunity exists as less people want to deal or even can deal with trump.

[sumdumguy]

Never happen no matter how stupid our leaders are. We still sell our grains world wide our forest products could go elsewhere uranium same thing oil same thing. We have to get out of this brainwash that we only have to deal with the USA. We need a government that will legislate the land for the pipelines as a necessary action. We need people over in Asia selling our pulses we need to shut our mouth on telling other countries how to live. Vast opportunity exists as less people want to deal or even can deal with trump.

We travelled a lot of US in past 12 months and everyone you ask if they like Trump, they appreciate what he has done for US. They see prosperity, jobs and a boyant economy. Do they think he is sane? Probably not but he gets the job done and straightening out a few trade issues with Canada is one of his jobs. Now in Europe, I answered 2 or more foreign taxi drivers that we were Canadian. Oh man, they love Trudeau, he’s the best! They can have him!

[Klause]

Never happen no matter how stupid our leaders are. We still sell our grains world wide our forest products could go elsewhere uranium same thing oil same thing. We have to get out of this brainwash that we only have to deal with the USA. We need a government that will legislate the land for the pipelines as a necessary action. We need people over in Asia selling our pulses we need to shut our mouth on telling other countries how to live. Vast opportunity exists as less people want to deal or even can deal with trump.

So does Argentina.

Let that sink in.

[ajl]

So much theory based on made up facts. Canadian car sales may have declined slightly in recent months but that is from the record high levels in 2017. Car sales are still way above historic levels.
It's like the fake outrage over "sky rocketing" unemployment rates in Canada which are in fact only very slightly above the lowest rates they have been for decades.

84 month financing. Next 96 month. Rates going higher in Oct. due to two reasons: 1) hyper inflation and 2) gotta bail out pension plans. Gotta close car factories

[macdon02]

84 month financing. Next 96 month. Rates going higher in Oct. due to two reasons: 1) hyper inflation and 2) gotta bail out pension plans. Gotta close car factories

Close em or nationalize em after they get shuttered? Would be totally inline with owning a pipeline. We should buy the plants just before the tarrifs hit. Start our own design of solar powered autos..... heavy on the sarcasm here but how else do we get our green revolution?

[seldomseen]

I think we have hyperinflation already when a lousy pair of made in China gloves cost 40.00 Canuck bucks

[the big wheel]

So does Argentina.

Let that sink in.

Argentina was one of those shithole countries where dictators took the country for a ride. Now someone has to pay for it
Not unlike oil industry here taking the real money out of the country.

[helmsdale]

And by the time you put in the 2 hours necessary to pay for those shit chinese gloves the palm is already separating, and the forefinger has worn through.

[pourfarmer]

I think we have hyperinflation already when a lousy pair of made in China gloves cost 40.00 Canuck bucks

Watson has 2 lines, one made in Canada and the other made where its cheapest, China, Pakistan, etc. You need to look for the maple leaf on the packaging.

http://www.watsongloves.com/wg-products/products-subcat-listing/?cat=made-in-canada&sub=leather