Canada on the path to becoming the Argentina of the 21st century

[AlbertaFarmer5]

300,000 jobs disappeared in manufacturing during the high oil prices that drove the loonie higher and made our manufacturing less competitive. Mostly in Ontario. Now with a lower loonie Ontario's economy is better and Alberta's is worse off.

Thanks again for throwing your support behind the separatist movement. As you correctly point out, the resource exporting region, and the manufacturing region can only prosper at the expense of the other, not both at once.

Tell me how you are going to keep lower skilled manufacturing jobs in Canada in the face of competition and protectionism from Mexico, China, India and USA? Automation and artificial intelligence is also stripping jobs quickly.

In which industries and sectors are we seeing job growth and investment globally?

That one is easy, the only substantial sector seeing job growth and investment is GOVERNMENT. And we are quickly becoming a world leader in this sector.

[Klause]

300,000 jobs disappeared in manufacturing during the high oil prices that drove the loonie higher and made our manufacturing less competitive. Mostly in Ontario. Now with a lower loonie Ontario's economy is better and Alberta's is worse off.

Tell me how you are going to keep lower skilled manufacturing jobs in Canada in the face of competition and protectionism from Mexico, China, India and USA? Automation and artificial intelligence is also stripping jobs quickly.

In which industries and sectors are we seeing job growth and investment globally?

Those jobs aren't coming back.

Neither are the resource jobs.

So basically were loosing jobs everywhere but claim it's ok because we have a high skills economy.


Really? Because... High skills high intelligent societies build great things.

We haven't done any of that.

We don't have any major innovations to create wealth.

And when we do create something it either fails (Nortel, RiM) or gets sold off (CANDU)

And why compare us to other collapsing post-industrial societies?

[furrowtickler]

“”In which industries and sectors are we seeing job growth and investment globally?”””

Oil , gas and agricultural production... but we are killing that off in Canada.

[Klause]

“”In which industries and sectors are we seeing job growth and investment globally?”””

Oil , gas and agricultural production... but we are killing that off in Canada.

Technology and AI.

But Canada's idea of creating coding jobs is game developers and web designers.

[Integrity_Farmer]

Argentina is a basket case
Inflation Rate Reaches 49.3% in Argentina, Highest Since 1991
Poverty rates rise as the country faces economic challenges due to unbridled neoliberal policies, the INDEC reports.

Argentina's statistics agency published a study on Thursday which shows that poverty affects 32 percent of the population with 6.7 percent living in extreme poverty. In one year, indigence increased from 4.8 percent to 6.7 percent.

The indicators revealed a rise in poverty and extreme poverty compared to the first half of 2018.

According to the statistics state agency, 23.4 percent of the population is living below the poverty line in urban areas.

The numbers, which does not include rural populations, indicate that there are about 14.3 million people living in conditions of poverty, almost three million more than those registered on the previous year.

https://www.telesurenglish.net/news/Argentina-Poverty-Increases-to-32-and-Extreme-Poverty-Reaches-7-20190328-0024.html?fbclid=IwAR1sFYjoicKppv0wAxChFx1E4-d8SKD7Jgvql3DXTZj2xEEK-wS8oFELSMM