1,000,000 Post Thread

[Jack]

It was better. The border states in the north have suffered a lot from the lack of tourism. we used to be flooded with canadiens on weekends, not so much anymore

 

[Weeg]

also Jack the Canadian dollar is very weak now. 1.00 US is .70 Canadian. It used to be the same

 

[Joe]

i was kind of interested in buying some property in the US Jack.

 

[Joe]

but the political situation seems so unstable atm

 

[Jack]

.73 currently. After Trump pulled his DHS bs last year it went down to .62 so its improved quite a bit.

 

[Joe]

yes there is that currency disparity but it will likely narrow given the amt of debt Trump and the Republicans are piling up

 

[Jack]

we're on the verge of 40 trillion.

 

[Jack]

what the fuck is that even in reality?

 

[Weeg]

Nope its getting worse as Canadas debt keeps skyrocketing

 

[Joe]

this happened during tge Vietnam & Iraq Wars

 

[Joe]

and the GFC

 

[Joe]

Reason why Canada's currency will go up are natural resources

 

[Joe]

and the Iran War will push up the price for the foreseeable future @Weeg

 

[Joe]

thatll make the C$ more expensive

 

[Joe]

But believe it or not the Canadian government doesn't want that

 

[Joe]

They actually prefer at .70 cent dollar because otherwise it makes exports more expensive

 

[Weeg]

@Joe then why havent the natural resources pushed up the currency? Its the MASSIVE DEBT per citizen along with all the programs to help immigrants that have destroyed CANADA

 

[Weeg]

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[Joe]

The Canadian government actually pushes or tries to push the C$ down

 

[Joe]

because most of our oil still goes to the US

 

[Weeg]

Recession in CANADA soon and that will finish yoo all off. I see a Great Depression in Canada within 2 yeers

 

[Joe]

so of course a lower dollar makes the oil more affordable for Americans

 

[Joe]

Every country will be in recession by the end of the year @Weeg

 

[Weeg]

no no not true

 

[Joe]

Economy in general is going into the toilet

 

[Joe]

thats why a lot of investors are sitting in cash and staple utility stocks are booming

 

[Joe]

its because they're afraid of a crash coming @Weeg

 

[Weeg]

not true as is why America stock market just set record highs!!

 

[Jack]

LOL weeg, the market lost 9% in the last 8 weeks and hasnt even come close to coming back.

 

[Seamajor]

And the dollar is in the shitter