The Wholesale Rape Of Canada, by the US Dollar.
Canada can buy the US ten times over. It's time to unpeg the Canadian dollar, from the US dollar.
Canada’s developed and known reserves of natural resources, combined with Canada’s brain trust places Canada at the top of the heap next to Russia and China, ahead of the US but somehow houseless Canadians are freezing to death in the streets of Toronto. The problem is the Americans. They want it all and they want now and a well below market prices and deploy the CIA against Canadian legislators, to get what they want. Canada is supposed to be in a free trade deal with the US but it really is a one way deal. Sure, some Canadian companies are doing quite well selling Canadian made products in the US but the underpinnings of the Canadian economy are being undermined by not receiving full market price for Canadian goods as Forex traders keep trading the Canadian dollar down against the US dollar for the sole purpose to increase the US dollar’s buying power in Canada, for Canadian raw resources and manufactured goods.
It atrophies America, for the US to seek profit from sleazy currency manipulations. Americans learn that they don’t have to make products of competitive quality when they can just devalue a trading partner’s currency and buy top quality from Canada for dirt cheap. Eventually, most Canadians will rebel and reject all American products, as is happening now. Target left years ago but Nordstroms and Victoria have closed their doors in Canada. Soon, Walmart will be gone as well. Canadians make great products and are 20% healthier than Americans, so we do make better products than the US and they know it.
I am sick of listening to Trump and he isn’t even president yet. Trump’s taunting Canadians with annexation isn’t met with fear or loathing, it’s met with laughter. If the US tried to annex Canada beyond what the North American Free Trade Agreement already has, we would kill Trump. If Trump tried to put 25% tariffs on Canadian products entering the US market, Trump’s wall St. backers would assassinate him. So, whatever Trump’s real target is, in these opening trade and real war threats against Canada is, there is significant resistance in every turn Trump actually makes, once in office.
Canada needs to unpeg from the US dollar, if Canada is to rise to it’s potential but creating the Canadian version of American, market scarcity economics making homelessness an institution in Canada, will have Canadians rebelling in very detrimental ways against US holdings in Canada. American businesses in Canada will be vulnerable to imminent domaine and nationalization by the Canadian government. The play out, of Trumps threats against Canada will only result in bad things happening to America as Canadian will be relieved to be rid of American economics of scarcity.
At last! An idea along the lines of my thinking. Most excellent reasoning and lots of facts I did not know. As a performer who once took a show to NYC, I can tell you the extra costs of the exchange rate made the enterprise loose money even though we had sold out houses. This was the 7O’s. Today, Canadian entertainers could dominate the US markets without all the constraints.
Come on you wussies!