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1 posted on 11/19/2012 3:01:06 PM PST by Squawk 8888
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To: Clive; exg; Alberta's Child; albertabound; AntiKev; backhoe; Byron_the_Aussie; Cannoneer No. 4; ...

Canada Ping!


2 posted on 11/19/2012 3:02:02 PM PST by Squawk 8888 (True North- Strong Leader, Strong Dollar, Strong and Free!)
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To: Squawk 8888

And most Americans will not even recognize that this is another step towards the ultimate devaluation of the US dollar.

In order to finish the USD off, alternatives must be found as reserve currencies first. A reserve currency must be both liquid and stable. The USD has plenty of liquidity (what with all the money that the Fed is creating), but it sure isn’t stable any more.


3 posted on 11/19/2012 3:06:15 PM PST by NVDave
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To: Squawk 8888

saving my loonies and twonies...


8 posted on 11/19/2012 3:16:59 PM PST by Tennessee Nana
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To: Squawk 8888

It makes good economic sense. Canada is a strong commodities exporter (especially oil) and will continue to be so. Our USA no longer has an adequate manufacturing base (US-”based,” foreign soil production properly disregarded here), and our US economy is declining rapidly with a US dollar that is unnaturally high in this globalist economy.

And Canada should continue to get good world market prices for its commodities exports, even as parts of Asia continue to increase production of useful things.


9 posted on 11/19/2012 3:58:22 PM PST by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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