Reminds me of when I visited one of U.S's plant seed gene banks. I was suprised to learn other countries keep their wild and domestic agricultural seeds in our banks because the U.S is the most stable country to safeguard their agricultural future in an event of human or natural disaster.
A 'low' Canadian dollar compared to a high US dollar is actually great news for me.
I can sell you (export) at vastly reduced prices, which encourages buying. There's basically no real difference for me on a day-to-day basis as my dollar goes just as far as it did last month (maybe further, as gas is now ~70 cents/litre).. I'm paying 600$/mth monopoly money for my mortgage with ZERO interest rates for the foreseeable future..
Sure - Trudeau is a gay globalist pedovore, but he doesn't speak for everyone. Canada is super rich and will ride out the global turmoil pretty well. The major cities might struggle for a decade after this mess but the country as a whole is fine. Alberta/Quebec might separate - but that's life. Texas doesn't control Hawaii or Alaska sort of thing, NY and Cali don't represent the midwest.. obv a union is stronger but everyone is pretty fractured at this point.
If/When Trump drains the swamp, it will have a domino effect across the world and populism with triumph here too. It's all good - just stay safe and grab the popcorn for now.
That's because US assets are the least scary place to be in a time like this.
Reminds me of when I visited one of U.S's plant seed gene banks. I was suprised to learn other countries keep their wild and domestic agricultural seeds in our banks because the U.S is the most stable country to safeguard their agricultural future in an event of human or natural disaster.
We are impressing them.
Do you have a source for this?
lol Canadian here.
A 'low' Canadian dollar compared to a high US dollar is actually great news for me.
I can sell you (export) at vastly reduced prices, which encourages buying. There's basically no real difference for me on a day-to-day basis as my dollar goes just as far as it did last month (maybe further, as gas is now ~70 cents/litre).. I'm paying 600$/mth monopoly money for my mortgage with ZERO interest rates for the foreseeable future..
Sure - Trudeau is a gay globalist pedovore, but he doesn't speak for everyone. Canada is super rich and will ride out the global turmoil pretty well. The major cities might struggle for a decade after this mess but the country as a whole is fine. Alberta/Quebec might separate - but that's life. Texas doesn't control Hawaii or Alaska sort of thing, NY and Cali don't represent the midwest.. obv a union is stronger but everyone is pretty fractured at this point.
If/When Trump drains the swamp, it will have a domino effect across the world and populism with triumph here too. It's all good - just stay safe and grab the popcorn for now.