Fast Moving Incoming Recession . . . .

[foragefarmer]

A recession is in the cards for Canada for sure. The rest of the yr will be same as this quarter. Thats what happens when you spend your treasure buying votes instead of increasing productivity. We have all the inflation and no growth and no powder to throw at the next problem.

The loon will be 65c and it will be preceded by a credit downgrade and then interest rate increases. I dont like to think about monetary policy.

You made the same prediction regarding the Cdn $ last year when you shorted it. The Cdn $ dollar than went up and you bought it back when Biden got elected.

Jazz you have state over and over that oils going to the moon, the Cdn $ does follow oil.

[shtferbrains]

So your right on board with Mr Treudau's plans for Canada then Forage?

He's your man?
Cabinet looks good for us all?

[foragefarmer]

So your right on board with Mr Treudau's plans for Canada then Forage?

He's your man?
Cabinet looks good for us all?

My man was Paul Martin, since then there has been no P.M. or opposition leader worth mentioning.

Just questioning Jazz's yearly prediction on the down fall of the Cdn$.

Since you weighed in on the topic what does crystal ball tell you, or would you like let Jazz handle it?

[jazz]

My man was Paul Martin, since then there has been no P.M. or opposition leader worth mentioning.

Just questioning Jazz's yearly prediction on the down fall of the Cdn$.

Since you weighed in on the topic what does crystal ball tell you, or would you like let Jazz handle it?

The credit down grades are coming Forage. Don't doubt that for a minute. The loon is getting a free ride on oil for now along with people fleeing the USD. That won't last.

Remember being early is not being wrong. You should thank AB for keeping Canada solvent for now.

[Taiga]

Paul Martin, the Finance Minister who laundered $250M back to the LPC, aka the sponsorship scandal, the guy who keeps his personal $30M fortune overseas as per the Panama Papers, yes he is great.

[FarmJunkie]

Liked the man and most of what he was trying to do for Canada but he is no different than any other politician. Doesn’t matter the party they all get greedy and want to look out for their own best interests. Which he did. The list is long of politicians that could have been great and done the right things for all Canadians but somewhere along the way they get “distracted” from what their job description entailed.

[Sodbuster]

At the very least Martin was the only and last political figure that could balance a budget, and even managed to have a few surplus budgets. No other party has managed this in the last 40 years. The present Liberal government is a real $hit show, both financially and ethically.

[wheatking16]

Hobbyfarmer mentioned Bitcoin.

Today's Chart of the Day illustrates the relative performance of Bitcoin to Gold.

https://klarenbach.substack.com/p/chart-of-the-day-bitcoin-vs-gold

[errolanderson]

U.S. economic growth now slowing sharply in 3rd quarter. Big miss by Amazon just reported. Consumer spending appears now in-a-tailspin.

Bank of Canada claims they will stop printing money and hike rates by next April. Nothing to see here . .’. .

Fed trying to slow the presses, stimulus has actually made central bank economic desperation even worse (IMO).

Stock markets at record levels, on what? And inflation is here to stay even though consumer spending appears to be kicking-the-bucket.

Manipulation is now butting heads with true economic reality . . . .

[Old Cowzilla]

Marketers are using the ( shortage card ) to convince people to shop early and spend more for christmas presents this year. Tiss that special time of year ya know.